The positive Bitcoin performance continues to unfold after a promising start of the year. Last week we’ve seen how it tested the $8,000 area and now it hovers around $9,000 showing no sign of weakness. Let’s examine both the technical and fundamental picture because there had been some developments supporting
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The price of Bitcoin had been steadily moving to the upside since January 3rd, testing the $8,000 on the Coinbase exchange a few hours ago. If the 2019 Christmas saw Bitcoin trading choppy, the new year looks to start in an upbeat mode, same as a year ago. Although the
Merry Christmas to all our readers celebrating this amazing holiday and we wish you all the best as well as a fruitful year ahead. It’s December 25th and although all financial markets are closed, Bitcoin and the other cryptocurrencies continue to trade. The most popular cryptocurrency continues to hover around
The Bitcoin activity continues to remain subdued, as we’ve just passed the middle of December 2019. Most of the crypto enthusiasts are waiting for a new Bitcoin Christmas rally but judging by how the price performed so far, the probability of that happening keeps going south. Remembering December 2018 Exactly
The sentiment around Bitcoin had become increasingly sour since the beginning of the summer and so far we did not see any major change in the price action. With more than 5 months of underperformance, we can easily recall what happened in December 2018, when Bitcoin started to spike higher.
Following four consecutive losing weeks, Bitcoin is finally looking to end on an upbeat tone, given that the price had recovered during the past 6 days. Not too long ago talked about how the Bitcoin losing streak extended on weak sentiment, but as can be easily noticed on the
The selloff in Bitcoin does not seem to end and Bitcoin continues to be one of the most damaged coins, with its price dipping below $7,000 for the first time since the middle of May. At the end of October the enthusiasm and the price spiked higher on hopes
The Bitcoin price continues to be in a pretty bad spot at the present time, hovering around $8,000 on the Coinbase exchange, down more than 40% as compared to the June highs. In the absence of new positive boosts for the price, the market selloff could continue in the
The physically-settled Bakkt Bitcoin futures contracts are on their ascendency since their daily volumes continue to post larger records as the time goes by. As it was announced on Bakkt Volume Bot, the Bakkt official Twitter account dedicated to futures trading volume data, November 9th marked an important milestone.
It’s October the 31st, the Halloween holiday for those who live in the United States. Although this is supposed to not have any correlation with financial markets, an interesting phenomenon could be noticed especially when it comes to stocks, but we would like to find out whether Bitcoin will
