Learn How Trade Crypto
Bitcoin’s price movement has been considered as one of the main indicators for analyzing the behavior of the entire cryptocurrency market. Some analysis also showed that Bitcoin was outperforming its mainstream peers such as gold and other precious metals with silver being the only commodity standing out during the previous week. In the latest CNBC market analysis, […]
DOES THE EARLY BIRD GET THE WORM? A recently published report from Longhash found that Bitcoin’s most volatile trading hours occur between midnight and 1 a.m (UTC). The data analytics collective used Crypto Data Download to analyze Coinbase trading data from July 6, 2017, to July 2, 2019. The team observed hourly high and low prices for […]
President Trump’s highlighting Bitcoin is bullish and hints of how disruptive the coin has been for the status quo. Leveling out the field and fronting end users, Bitcoin is huge for the libertarians. However, down 10.2 percent in the last week, BTC could register more losses in days ahead. Bitcoin Price Analysis Fundamentals Presently, Bitcoin […]
Bitcoin and most altcoins have been incurring tremendous volatility as of late, which has been primarily driven by BTC’s extended period of consolidation in the lower five-figure price region, where it has been trading at for the past month. Now, one prominent analyst is noting that many altcoins that have faced severe technical damage from […]
Despite skepticism, Bitcoin and cryptocurrencies are increasingly becoming part of investment portfolios. That’s notwithstanding their wild price fluctuations. At the time of writing, BTC is up 14.6 percent week-to-date. Bitcoin Price Analysis Fundamentals There are diverse opinions as far as what Bitcoin is. Generally, there is a consensus that BTC is first a medium of exchange and […]
The bitcoin price is looking to hit a six-digit dollar valuation soon, according to market analyst GalaxyBTC. The cryptocurrency trader said today that closing above $10,000 is a vital breakout moment for bitcoin. He showed that the level is going to play out as a stubborn resistance zone in the coming days based on a […]
Bitcoin leaped into the green in the European trading hours, and is now looking to scale key resistance above $12,000. The top cryptocurrency by market value jumped from $11,400 to $11,916 in the 15 minutes to 09:10 UTC, according to Bitstamp data. With the $500 spike, BTC has put an end to directionless trading seen […]
Even since Bitcoin (BTC) hit $13,800 to then retrace by $4,000, the cryptocurrency market has slowed. Don’t get me wrong, volatility is still rife in this market, but BTC’s range is starting to tighten. As of the time of writing this, Bitcoin sits at $11,200, down around 2% in the past 24 hours — a far cry […]
Yesterday, on the United States holiday dubbed Independence Day, the price of Bitcoin fell from $12,000 to just over $11,000 from daily candle open to close, providing fireworks for traders who spent the day in front of price charts instead of being poolside at a barbecue sipping on a cold Budweiser. However, in previous holidays, there’s been […]
Bitcoin price is finally taking a much-needed breather, after rallying for five months straight and bringing crypto investors who bought the bottom as much as 300% returns before it was rejected at $14,000 per BTC. The current price action has Bitcoin price trading in the mid- to low-$10,000 rangefollowing last night’s “ugly” daily, weekly, and monthly close – […]