Yesterday, November 25th, the Bitcoin price continued to edge lower and managed to reach the 3,500 level. As we have mentioned in our last weekly crypto analysis, we expect support around 3,500-3,000 area and now that the price had reached the upper band, what can be expected next? Sellers
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Following the breakout of the 6,000 floor, the Bitcoin price had continued to slump, reaching a low of 4,485 on the Coinbase exchange a few hours prior to the time of writing. We’ve mentioned in our last weekly crypto analysis that buyers will need to rebound sharply and drive the
This week had not been so great for Bitcoin and we are only in the mid-Wednesday. Four hours ago, the Bitcoin price started to weaken impulsively, dipping from 6,500 to 6,350 on the Bitfinex exchange, at the time of writing. There is no actual information in the media about
The subject of a Bitcoin ETF launching this year had begun to gain traction a few months ago and currently, it is the only hope of investors for a new flow of institutional investments entering the cryptocurrency market. The United States is where most of the companies had tried
On October 31st we have the Bitcoin birthday and it will officially have 10 years since its creation. What a ride had been and what impressive price run it had since then. Today’s article is an anniversary one, so will talk mostly about positive aspects and also, October 31st
The trend of newly-created Bitcoin-related instruments continues to advance as the ICE Futures U.S., Inc. will list the new Bakkt Bitcoin (USD) Daily Futures Contract on Wednesday, December 12th. In December last year, CBOE launched for the first time ever Bitcoin futures and now the company that stands behind the
The second half of October has now begun and with it, Bitcoin seems to be building up for a higher move. Later in this article, we will see why the second half of October is important in terms of seasonality, but first, we must remind you that we have
Most of the market participants had been accustomed to wild swings in the price of cryptocurrencies, but during this year, that market behavior had begun to change. If we talk about Bitcoin, it is now considered a safe haven in the cryptocurrency world and even though it dropped significantly
This is probably one of the most common questions online these days and since all of you want to want the answer, in this material we will try to make a short analysis from different angles of the Bitcoin price and maybe, at the end you will be able to
On September 20th, the US Securities and Exchange Commission had begun the process of reviewing a new Bitcoin ETF. This has probably been one of the hottest subjects during the summer, but cryptocurrency investors had been disappointed by the US financial regulator who had rejected all the ETF proposals