Price

A legendary long term bitcoin price technical indicator could pave the way for brighter days ahead next year. Bitcoin Price Poised For Big Move The short term picture for BTC is pretty grim. Since its peak this year the digital asset has corrected 47% to current prices. A few hours ago bitcoin price dipped again

Bitcoin is heading towards the $100,000 mark, according to veteran commodity trader Peter Brandt, who shared his analysis in a new video clip. However, there is a scenario in which the oldest cryptocurrency turns bearish in the near-term. Bitcoin is at Crossroad Area According to Brandt, Bitcoin is still moving within its historic bull trend,

An art lover who paid $120,000 for an installation of an over-ripe banana duct-taped to a wall, had his investment eaten by a performance artist. One hopes that if he has that much money to ‘waste’ on what is now just a banana skin with some tape stuck to it, he’s already filled his bags with

Crypto analyst, Philip Swift, predicts that the upcoming halving next year will catalyse a change in market sentiment and propel Bitcoin price back to five figures. Bull Market Imminent At the moment bitcoin price is still consolidating in the mid-$7,000 range. It has been pretty flat for the past week or so with a short

Despite the recent price struggles for bitcoin, Spencer Bogart says the top-ranked crypto will continue to see an upward growth trajectory in the next five years. The Blockchain Capital partner also doesn’t see Chinese policies as having a significantly negative impact on BTC’s performance. Bitcoin Price Will Perform Better in the Next Five Years In

Bitcoin has turned bearish again this week following an 18% climb the previous week. Market sentiment is generally negative and analysts are eyeing further losses and a return to the $6k level. Is BTC still that overvalued? According to Metcalfe’s Laws BTC is Overvalued Bitcoin took another turn south during early Asian trading today when

The halving narrative appears to be the only thing left to look forward to for bitcoin in the short term. At the moment there is little else driving BTC fundamentally, and sentiment has turned bearish again as the asset starts to slide. Simple economic models and mathematics show that it could all change in six

A bearish cross on Bitcoin’s monthly moving average convergence/divergence (MACD) indicator could spell challenging times ahead. Such crosses occur when the 26-week moving average (MA) of BTC price goes above the 12-week MA. A Cross Into Bearish Territory As pointed out in a tweet yesterday by commentator, Byzantine General, the 12-week MA fell below the 26-week

New image of PlayStation 5 dev kit appears online. Offers first look at PS5 controller. Unlikely to be the final retail design. We’ve known what the PlayStation 5 dev kit looks like for a few months now. Late summer spawned patent documents registered by Sony before an in-the-flesh image found its way onto the internet

Bitcoin price has had a very positive week on the back of probably its worst one this year. Since Monday’s dip, BTC has gained 18% to current prices. Chart patterns and the lack of a major capitulation could indicate that the bottom is in and the only way is up from here. Bitcoin Price Closing

The bitcoin price rally in the summer of 2019 may have been the work of PlusToken investors. The scam, highly influential in China, but largely invisible to Western traders and social media, benefited greatly from the hype and growing BTC prices. Plus Token Raised Demand for Bitcoin in Early 2019 Dovey Wan, the co-founder of

Any significant crash in bitcoin price tends to focus the minds of investors on money lost. However, for the overwhelming majority of investors, that isn’t actually going to be very much. As recently pointed out in an article on LongHash, out of investors who have lost money on the latest bitcoin price drop, less than

The correlation between any further oppression of the bitcoin and crypto industry in China and market movements appears to be crumbling. Mainstream media is still firmly behind the premise that the latest rout was a direct response to further crackdowns on the mainland, but BTC and digital assets are making gains today to suggest otherwise.

An act that allows sanctions against the Hong Kong government was signed. China warned about taking potential countermeasures, which could endanger a phase one deal. The lack of a deal by the year’s end would threaten the rally of the Dow Jones. U.S. President Donald Trump’s signing of an act regarding sanctions on the government

Bitcoin price is returning to short-term volatility, with a rally above $7261. At this point, BTC sees various near and long term predictions. Bitcoin Price Rally Mode On The mood for BTC until now has been bearish without the exclusion of sudden price rallies. The halving narrative still continues as a factor, though with fears

Bitcoin price is getting battered as if there’s no tomorrow. Following a huge red weekly candle closure, the benchmark crypto was crushed through another support zone in a plunge down to $6,600. BTC is now in a very dangerous territory which could result in a drop all the way back to $5k – here’s how.

Bitcoin has continued its cataclysmic November, with price dropping further overnight to levels not seen since this May. Although it is little consolation, it never hurts to examine potential reasons following a crash, so without further ado… 1. BitMEX Dumping On The Market Yes, we’ve said it before, but that doesn’t make it less true. One

The stock-to-flow (SF) measure proposed by PlanB has become widely accepted as an accurate model to predict the price of Bitcoin given the strong correlation that persists to this day. We’ve previously discussed this model on several occasions, However, according to crypto analysis resource Byte Tree, the model has some underlying flaws. SF Is Nice,

The crypto market has been a disappointment lately. Lackluster bitcoin price action has intensified overall selling activity. But things are in for a welcome change, as BTC is expected to explode next year.  Bitcoin Price to Exceed Previous ATH China has made it’s pro-blockchain and anti-crypto stance pretty clear. The People’s Bank of China issued

Tesla launched its pick-up truck with a bang this week, and then a crash, as its windows were smashed in a demonstration to show that they were unbreakable. Tesla has still received 150,000 pre-orders, despite the gaffe, although the company does not currently accept direct payment in Bitcoin. Bitcoin Price Well, there hasn’t been a lot