Since August 2nd, Bitcoin looks to have entered a consolidation phase, following a pretty decent move on the upside, The $12,000 mark seems to be the line in the sand
Breaking News
- Bitcoin Bulls and Bears Reach Impasse – Continued Consolidation? Since August 2nd, Bitcoin looks to have entered a consolidation phase, following a pretty decent move on the upside, The $12,000 mark seems to be the line in the sand...
- Bitcoin Trades Above $11,500 As Bullish Signs Persist The positive Bitcoin mood continues this week, given the price is now above $11,500 for the third day this year. After soaring past $11,000 last week, the momentum does not...
- Bitcoin Sours Past $11,000 – More Buyers Expected? Following weeks of consolidation inside a narrowed range, Bitcoin had finally broken out and staged a massive rally on the upside. Since July 21st, the price jumped from $9,300 all...
- Bitcoin Breaks Higher – More Optimism Ahead? The Bitcoin price action had favored the bulls for the past few days, as the market managed to break above a triangle structure we’ve mentioned in our last weekly crypto...
- Bitcoin Thief Targets Multiple Popular Twitter Accounts The series of cryptocurrency thefts continues and this time the popular social media platform Twitter is involved. In what had been labeled as the “worst hack of a major social...
- Record Whale Bitcoin Trades Recorded by OKEx in June During the month of June, the number of “whale” Bitcoin trades (a trade that is at least 10 BTC tokens) had spiked higher, in particular on the popular OKEx exchange....
- Does Bitcoin Depend on the S&P500 in the Near Term? Bitcoin continues to be subdued as financial markets are under pressure due to increased uncertainty generated by COVID-19. What’s even more concerning for BTC investors has to do with the...
- Bitcoin Breaks Triangle on the Upside – Bullish Sentiment? Following a period of diminishing volatility, Bitcoin buyers seem to be energized again, now that the price had managed to break a triangle pattern on the upside. Covered in our...
- Bitcoin-Stocks Correlation Increases Alongside Virus Fears Following two months when Bitcoin and stocks had small correlation, things had taken a new turn since a few days ago, when both asset classes started to weaken as the...
- Bitcoin False Breaks Around $10,000 – Buyers Weakened? As we’ve been highlighting since a few weeks ago, Bitcoin had finally reached the key $10,000, broke above it, but stalled around $10,400 only to resume the selloff impulsively. A...
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