Tag: BTCUSD

Bitcoin Price Analysis: Is $12K Next As BTC Records 5-Week High?

Bitcoin Price Analysis: Is $12K Next As BTC Records 5-Week High?

Bitcoin price is soaring right now as the US legacy market opens up to begin the new week. Just hours ago, the leading cryptocurrency had completed a bearish Bart Simpson pattern after crashing down to $11,175 following an extended period of sideways chop. It was looking as though the asset was about to head down […]

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Analyst Predicts $16k Bitcoin as Big Weekly Candle Closes

Bitcoin has broken weekly resistance and made over 5% during this move, lifting the entire crypto market with it. Analysts are predicting further momentum ahead for the king of crypto. With a further $10 billion added to cryptocurrency markets, things are starting to look healthy again, especially for Bitcoin which has just reached its highest […]

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Bitcoin Price Analysis: BTC Triangle Breakout Tops $11,500

Bitcoin appears to have bottomed out, giving way for gains towards $12,000. The on-chain analysis shows the absence of tough resistance heading to $12,000. The flagship cryptocurrency eventually broke out above the stubborn resistance at $11,000. The impressive weekend gains extended to $11,500. However, the tremendous bullish pressure appears to have taken a pit stop […]

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Report: Short Bitcoin Mentions At 2-Month High, Is $11,500 a Local Top?

Report: Short Bitcoin Mentions At 2-Month High, Is $11,500 a Local Top?

The hype of the crypto markets after Square announced a $50 million investment in Bitcoin catapulted the token above the psychological barrier of $11k, sparking a general optimism among BTC bulls… But the bears are also rubbing their hands as they wait for a price correction. According to data from the Bitcoin metrics company, Santiment, […]

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10 Million Euros Lost to Crypto Frauds in Belgium in One Year

This week, Belgium’s Financial Services and Markets Authority made a startling revelation. Cryptocurrency fraud victims have lost at least €10 million between May 2019 and September 2020, the financial regulator said. Belgians Have Lost €10 Million In Cryptocurrency Fraud Belgian citizens have lost almost 10 million euros to fraudulent crypto investment schemes. Belgium’s apex financial […]

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Crypto Derivatives September’s Recap: Binance Futures Leading As BitMEX Down 30%

Crypto Derivatives September’s Recap: Binance Futures Leading As BitMEX Down 30%

Although the cryptocurrency spot and derivatives trading volume declined on most platforms in September, Binance has taken the lead as the largest derivatives exchange, a new report revealed. Simultaneously, the regulated Chicago Mercantile Exchange (CME) saw steady Bitcoin futures performance, while the options trading exploded. Binance Takes The Top Spot For Derivatives Trading The data […]

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Sunday’s Market Watch: Is Bitcoin Taking a Break Before $12K?

Sunday’s Market Watch: Is Bitcoin Taking a Break Before $12K?

Following yesterday’s surge to about $11,500, Bitcoin has retraced slightly and trades at about $11,350. Most altcoins have also calmed after charting two consecutive days of gains. Bitcoin Steady Above $11K As reported yesterday, the primary cryptocurrency initiated an impressive leg up. Bitcoin went from about $10,900 to its new monthly high of nearly $11,500 […]

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Regulatory Clean-Up Can Be Good For The Crypto Market – Fundstrat Advisors

Fundstrat Global Advisors has recently released a report backing the recent regulatory action in the crypto market. Fundstrat strategists – David Grider, Ken Xuan, and Tom Lee – wrote that regulatory clean-up is positive to ensure a free-market-oriented atmosphere in the crypto space. Regulators are active back again in the cryptocurrency market with a string […]

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Bitcoin Price Analysis: Only $1K To 2020 High – Can BTC Reclaim $12,500 Soon?  

Bitcoin Price Analysis: Only $1K To 2020 High – Can BTC Reclaim $12,500 Soon?  

Bitcoin took a break from trading during the month of September, with relatively low volatility. As shown on the following 4-hour chart, the marked symmetrical triangle was basically the story of September: Started with a massive dump and a slow consolidation, since then, around $10,600. As can be seen below, Thursday signaled a breakout – […]

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Bitcoin Completes $1K 3-Day Increase to $11,500 (Saturday Market Watch)

Bitcoin Completes $1K 3-Day Increase to $11,500 (Saturday Market Watch)

After trading below $11,000 for weeks, Bitcoin finally broke above that psychological level with a 5% increase in the past 24 hours. The altcoins have come along for the ride, and the market cap has jumped by nearly $20 billion since yesterday. Bitcoin Breaks Above $11,000 Bitcoin was steadily increasing in the past few days […]

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