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Categorie: Bitcoinist

Bitcoin Market Is In Bubble Phase, Says Economist on CNBC

Posted on januari 4, 2021 by Blockchain News

Bitcoin remains up over 100% in the past six weeks despite the ongoing correction. Many think that BTC will continue higher in the weeks ahead. One market economist is bearish on Bitcoin,…

XRP Surges as “Short Squeeze” Erases Days of Losses; What Comes Next?

Posted on januari 1, 2021 by Blockchain News

XRP has been facing some immense pressure over the past few days and weeks, with the recent SEC lawsuit and an onslaught of exchange delistings rocking its price action The crypto is…

The Last Time This Indicator Flashed, Bitcoin Dropped 38%; Now It’s Back

Posted on januari 1, 2021 by Blockchain News

Bitcoin has been facing some turbulence as of late, with the cryptocurrency’s price action greatly favoring bulls Each dip has resulted in aggressive buying pressure that leads it to new all-time highs,…

Analyst: “Don’t Sweat” Bitcoin Buy In Price, $300K Is Coming

Posted on januari 1, 2021 by Blockchain News

Bitcoin is trading at just below $30,000 per coin at the start of 2021, and all signs point to the coming year being the cryptocurrency’s best year yet. FOMO has only just…

Winklevoss Twins Double Down on $500,000 Bitcoin Call

Posted on januari 1, 2021 by Blockchain News

Bitcoin has enjoyed an extremely strong rally over the past few months that has brought it from the $10,000 region to $29,000. Since the start of the year, the cryptocurrency is up…

Dash Launches Public Alpha for Social Payments Wallet

Posted on januari 1, 2021 by Blockchain News

Dash has launched a public alpha for DashPay, a social cryptocurrency wallet, to deliver a seamless user experience with human-readable usernames, contact lists, and profile pictures. This experience addresses the most significant…

Analytics Firm Reveals That Whales are Starting to Accumulate Ethereum

Posted on december 31, 2020 by Blockchain News

Ethereum has seen some turbulence throughout the past day thanks to its close correlation with Bitcoin While ETH was able to set a fresh post-2017 high yesterday evening, it lost its momentum…

Analyst Claims Bitcoin is Poised for a Plunge to $20,000 as Rally Slows

Posted on december 31, 2020 by Blockchain News

Bitcoin saw a massive rally yesterday evening that allowed it to set fresh all-time highs above $29,000 The cryptocurrency did meet some serious selling pressure here that slowed its ascent and caused…

Ethereum Could Form a Massively Bullish Pattern if Bulls Defend Key Level

Posted on december 24, 2020 by Blockchain News

Ethereum saw an incredibly intense decline yesterday that sent its price plunging to fresh multi-week lows This selloff came about in tandem with the flash crash seen by the entire altcoin market,…

These Key Factors All Point to an Imminent Bitcoin Rally: Analyst Claims

Posted on december 24, 2020 by Blockchain News

It has been a turbulent past day for the crypto markets, with Ethereum and most other major digital assets all seeing intense selloffs yesterday Bitcoin was able to avoid seeing any intense…

Analysts Think Ethereum Will Push Toward $500 After Bounce at $420

Posted on november 8, 2020 by Blockchain News

Ethereum has dropped since its $460 highs. The coin of the leading cryptocurrency currently trades for $440, though analysts say that it may catch a bid if it goes lower. Analysts are…

Biden Administration Expected to Tap Pro-Bitcoin Politician Gary Gensler

Posted on november 8, 2020 by Blockchain News

With a number of leading politicos calling the presidential election for Biden, analysts have begun to wonder how Bitcoin will be affected. Gary Gensler is expected to be an advisor to the…

Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”

Posted on november 7, 2020 by Blockchain News

Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but…

Analyst Who Called Bitcoin Drop Thinks $14,000 Is Next Due to Fractal

Posted on november 7, 2020 by Blockchain News

Bitcoin has dropped dramatically since the $15,975 highs seen earlier this week, falling as low as $14,300. The coin currently trades for $15,000 after a strong bounce. Analysts see this as bullish…

Ethereum Struggles to Hold $450, But Analysts Still Expect $500+

Posted on november 7, 2020 by Blockchain News

It has been a turbulent morning for the crypto market, with Bitcoin trending down towards $15,000 while creating headwinds for altcoins That being said, Ethereum has largely been able to dodge these…

Expect an “Inverse Capitulation” if Bitcoin Breaks $14,100: Analyst

Posted on november 1, 2020 by Blockchain News

Bitcoin currently trades for $13,800, establishing another floor as it looks to move even higher in the days ahead. The coin is below the daily highs of $14,100, set around 16 hours…

This Crucial Indicator Suggests Bitcoin Is on the Verge of Hitting a Top

Posted on november 1, 2020 by Blockchain News

Bitcoin has undergone a strong 25% rally over the past two weeks. The coin currently trades for $13,700. Analysts think that the cryptocurrency may undergo a retracement in the near term. Cole…

Ethereum Is At a Pivotal Support—and That’s Good for the Bull Case

Posted on november 1, 2020 by Blockchain News

Ethereum has strongly underperformed over recent days, but it may bounce soon. One trader noted that the coin has reached an important technical support level as per the Ichimoku Cloud. This is…

Bitcoin Shrugging Off Stimulus and Election Fears is a Sign of a Bull Market

Posted on november 1, 2020 by Blockchain News

Bitcoin has undergone a strong rally over the past two weeks. Since the news broke that OKEx has restricted withdrawals, the cryptocurrency has gained approximately 25%, recently peaking at $14,100 on Saturday…

$13,000 Is the “Most Important” Level for Bitcoin on a Macro Scale

Posted on oktober 11, 2020 by Blockchain News

Bitcoin has moved decisively higher over recent days. After reaching lows of $10,400 approximately seven days ago, the coin now trades for $11,350. The coin reached local highs of $11,500, around 10%…

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