Crypto Frontline

Bitcoin Info News Articles by Crypto Frontline

    Bitcoin Drops as Stocks Start the Week with Big Losses

Bitcoin Drops as Stocks Start the Week with Big Losses

The new week is not encouraging for Bitcoin and the broad cryptocurrency market, as selling seems to have resumed once again. At the time of writing, Bitcoin is down 2.6% daily, trading near $10,600 on the Coinbase exchange. As we’ve mentioned in our last weekly crypto analysis, the $11,000 area

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    Bitcoin Selling Eases – Price Headed Towards $11,000?

Bitcoin Selling Eases – Price Headed Towards $11,000?

The selloff in Bitcoin had not extended further and the key $10,000 area was a strong enough support to motive buyers into getting back in the market. Considering the price had managed to break above the consolidation structure we’ve talked about in our last weekly crypto analysis, the prospects for

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    Bitcoin Rejects the $12,000 Area After the Dollar Gains

Bitcoin Rejects the $12,000 Area After the Dollar Gains

The conditions are not getting better for Bitcoin buyers, who must deal with the price pressure. Unfortunately, this week does not bring encouraging signs, as several conditions are not favorable for a continuation higher. Last week we’ve seen Bitcoin falling after a short-term deterioration of the bullish sentiment and now

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    Bitcoin Falls as Bullish Sentiment Deteriorates

Bitcoin Falls as Bullish Sentiment Deteriorates

Even though 9 days ago the Bitcoin price had finally broken above the key $12,000 resistance area, that wasn’t enough to spur more buying momentum. For the past week, BTC traded below that zone and yesterday had continued to slide, finding support around the 4h chart 200 MA. Last week

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    Bitcoin and Gold are Vying for the Most Attractive Alternative Investment

Bitcoin and Gold are Vying for the Most Attractive Alternative Investment

The exchange rate on the most liquid cryptocurrency bitcoin has been surging higher as COVID-19 has spread across the globe. Both young and older investors are looking for an alternative to stocks and bonds as central banks flood the market with liquidity. The rapidly rising fiscal stimulus is putting money

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    Bitcoin Bulls and Bears Reach Impasse – Continued Consolidation?

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 for now, since bulls failed to break above it twice so far. Although we did not have any sign showing

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    Bitcoin Trades Above $11,500 As Bullish Signs Persist

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 show any sign of weakening yet, as it can be noticed from the latest price action developments. The broad cryptocurrency

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    Bitcoin Sours Past $11,000 – More Buyers Expected?

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 the way to $11,400 on the Coinbase exchange, showing great interest from the buy-side. This confirms what we’ve mentioned in

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    Bitcoin Breaks Higher – More Optimism Ahead?

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 analysis. More importantly, the gains came on the back of weaker performance on global stock markets, which might suggest investors

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    Bitcoin Thief Targets Multiple Popular Twitter Accounts

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 media platform yet” by Dmitri Alperovitch, co-founder of cyber-security company CrowdStrike, leading US figures like Bill Gates, Elon Musk, Kanye

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