31 October 2020

This Simple Chart Shows Why Bitcoin Remains Bullish on a Macro Scale

Bitcoin has sustained a strong drop over the past few days as legacy markets have undergone a strong correction after a record rally. The...

On-Chain Analysis Suggests There Are Few Bitcoin Sellers Preventing a Rally

Bitcoin has seemingly entered no man’s land, with the price ping-ponging between $11,000 and $12,000. A top analyst has corroborated this sentiment, recently noting...

Bitcoin Just Broke Past $11,500—and That’s Huge For Bulls

Bitcoin is ripping higher once again. In the past few hours, the leading cryptocurrency has begun to test the year-to-date highs at $11,500. And...

Bitcoin Just Closed Above a 3-Year Trendline Formed At 2017’s $20k High

Bitcoin is finally moving higher after weeks of boring consolidation. In the past seven days, the asset has rallied around 4.5%. A small performance,...

This Eerie Shanghai Composite Fractal Predicts Bitcoin Will Surge Past $10k

Bitcoin was once branded as an asset that was uncorrelated from the rest of the financial markets. Look no further than a survey of institutional...

Bitcoin Is at the Apex of a Multi-Month Pattern — and Bulls Are in...

Even taking Bitcoin’s Monday pump from $9,000 to $9,400 into account, the cryptocurrency is still in a macro consolidation. Some traders have joked that considering...

South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt

A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled...

Eerie Bitcoin Fractal Predicts It May Be Just Weeks Before BTC Hits $14,000

After rallying as high as ~$10,100 on leading exchanges this week, Bitcoin plunged off a proverbial cliff. Within 12 hours after hitting the highs,...

Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19:...

Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something...
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