The crypto space is finally on the brink of a massive breakout as the entire market begins with a notable rebound. The assets in the top 10 are slowly gaining bullish momentum and initiating an uptrend to reach their respective targets. Bitcoin price also attempting a firm grip over the bullish trend in order to...Read More
Around 10 to 11% of Bitcoin’s total supply hasn’t moved in over a decade with 2.3 million being held by Bitcoiners since 2011. As per the reports of Glassnode, a crypto metric platform, it indicates that 2,068,167 Bitcoins have remained stagnant or lost for over over 10 years, with a total of 18,801,525 circulating supply...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Disclaimer Any predictions contained herein are based on the author’s particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein. The post appeared first on The...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, July 21st, the BTC rate is growing. The cryptocurrency is generally trading at 9307.56 USD. On D1 of BTC/USD, the picture has not changed much since last week. The pair is still trading at the upper border of the descending channel between 100.0% and 61.8% Fibo. Another...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 29th, the BTC has grown steeply and is aiming upwards. It is generally trading at 9632.50 USD. On D1, the picture has hardly changed since last week. The pair keeps trading the upper border of the descending channel, trading between 50.0% and 61.8% Fibo. After yet...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 12th, the BTC rate remains volatile but investors are ready to buy. The cryptocurrency is generally trading at 9000.00 USD. As for the BTC dynamics on D1, during the last week, the quotations of the leading cryptocurrency reached the psychologically important level of 10000.00 USD and...Read More
Bitcoin today crossed $9k in early hours but failed to stall and sloped down to $8,876.73. The price drop may be the effect of US Treasury announcement asking $3 Tn more The Sudden drop creates a feary Index, but the Market sentiment still positive Will the bull returns to $9k level and stall and hit...Read More
Yesterday, Bitcoin price showcased a massive flood of buying pressure that enabled it to overcome its previous resistance levels, reaching $9,000. Since then, the BTC bulls were not capable to push it to a very high level of $10,000, which could indicate that it will face higher short-term selling pressure. Following the impressive rally, the...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog. On Tuesday, April 14th, the leading cryptocurrency is declining, trading at 6850 USD. On D1, the support line of the correctional uptrend is broken away. These dynamics might be interpreted as a reversal aimed at forming a new declining wave with the goal of 3925.70 USD. Note that it...Read More
Bitcoin Tanked below $8K this Monday, after dropping nearly 10%. Analysts’ hints towards Plus Token Scam pulled BTC price down. Will Bitcoin price bounce back or it is backtracking to March 2019 price? Bitcoin Price Tanked below $8K this Monday The second week of March 2020 has started on a negative note for the World’s...Read More
Hey there, welcome to the cryptocurrency forecast for the year 2020. Let’s dive in to know further. The crypto industry is facing a lot of Ups and downs recently. The year 2019 cannot be fully termed as bearish or bullish as the cryptocurrency market experienced both these trends. However, November sees most of the currencies...Read More
Bitcoin and the aggregated crypto markets have seen some turbulence over the past couple of days, with bears gaining firm control over the entire market after BTC broke below $10,000 this past weekend. Analysts are now noting that things may not be as bearish as they seem, as Bitcoin has been able to bounce at...Read More
Bitcoin has been caught within intense turbulence over the past several day and weeks, with its recent price action being primarily bear-favoring as the cryptocurrency struggles to gain any notable upwards momentum after falling below its key support level at $10,000. In the near-term, despite the overt bearishness of the price action seen over the...Read More
Bitcoin’s insane 2020 uptrend has allowed the benchmark cryptocurrency to rally from lows of $6,800 to highs of $10,500. Although these gains are nothing to scoff at, this bullishness has spilled over into the altcoin markets, allowing some other cryptos to significantly outperform BTC. Some of the altcoins that have outperformed Bitcoin include Ethereum, Tezos,...Read More
Bitcoin’s 2020 uptrend has been unwavering, with the crypto posting steady gains without ever incurring any notable pullback throughout the course of this rally. Overnight, however, the crypto experienced some intense volatility that appeared to be bear’s attempt at invalidating Bitcoin’s bullish market structure by pushing the cryptocurrency below $10,000. Bulls have been able to...Read More
There is a constant uproar in the crypto industry since the time Bitcoin Price raised above $10,000 against USD last August. The crypto king BTC price has once again managed to cross the $10k barrier. Isn’t it exciting? Let’s see how the Bitcoin has fared since its last High point. BTC Price Analysis – The...Read More
Bitcoin’s intense 2020 rally is showing no signs of slowing down, with yesterday’s dip from highs of $10,200 to lows of $9,700 being met with an abundance of buying pressure that has now led its price to rally up to fresh 2020 highs. This momentum, which comes just months before the crypto’s highly anticipated mining...Read More
Bitcoin has seen some intense volatility over the past 24-hours, with the cryptocurrency showing signs yesterday of stabilizing within the $10,000 region before facing a swift overnight selloff that led it to plummet as lows as $9,750 overnight. BTC’s rejection at $10,200 seems to spell trouble for the cryptocurrency’s recent uptrend, although analysts are now...Read More
It’s no secret that Bitcoin has been caught within a firm bull trend throughout 2020, and yesterday’s rally to over $10,000 seemed to suggest that this uptrend has reached a boiling point, with a major parabolic movement looming on the horizon. It is important to note that BTC has not yet incurred any type of...Read More
Bitcoin’s intense 2020 uptrend has led the cryptocurrency to rally up towards $10,000, with the price region lying directly below this critical price level appearing to be a heavy resistance region. It is important to note that the resistance at this level, however, has not been enough to catalyze any type of sharp selloff, but...Read More
Bitcoin’s firm 2020 uptrend has led many analysts to question what types of fundamental and technical events could help bolster its mid-term price action and propel the cryptocurrency higher, and naturally its upcoming mining rewards halving is one such event that is widely looked upon as being bullish. It is important to note that the...Read More
Bitcoin’s firm 2020 uptrend is likely far from over. After incurring some intense selling pressure earlier this week, bulls fought back and propelled the cryptocurrency all the up to highs of $9,900, which is just above where it is currently trading at. This momentum has made it look increasingly likely that Bitcoin will soon make...Read More
Bitcoin has been caught within a wild uptrend throughout 2020, rapidly rising from lows of $6,800 to highs of $9,600. This uptrend, although wild on a small scale, may ultimately prove to be minuscule when compared to the insane rally the cryptocurrency could see in the coming several months, as historical data suggests that BTC...Read More
Bitcoin has been incurring steady upwards momentum since the start of 2020, which has in turn allowed most major altcoins to similarly post notable gains. It is important to note that although many altcoins have been able to post notable gains over the past several days and weeks, Bitcoin still has significant dominance over the...Read More
Bitcoin experienced a massive bout of volatility this morning that led it to plummet to $9,000 on popular cryptocurrency trading platform Bitmex before bulls stepped up and catalyzed a massive rally up to highs of over $9,500. This immense volatility has resulted in Bitcoin sitting at its recently established 2020 highs and has led analysts...Read More
Bitcoin was able to incur some steady upwards momentum yesterday, which allowed its price to rapidly climb up to its 2020 highs of $9,200 before it faced some strong selling pressure that led it to plummet back towards $8,900. Buyer were able to absorb the majority of this selling pressure, however, and have allowed the...Read More
Bitcoin’s firm 2020 uptrend has extended today, as the cryptocurrency has been able to post a notable climb from its recent lows of $8,200 that were set earlier this week when the cryptocurrency’s sellers made an attempt to push the cryptocurrency significantly lower. In the near-term, analysts are noting that the cryptocurrency’s ongoing attempt to...Read More
Bitcoin and the aggregated crypto markets have been caught within a firm bout of sideways trading since this past Saturday, with this lack of decisive momentum making it incredibly unclear as to where the markets will head next. In spite of this, Bitcoin has been able to hold above multiple key levels, leading some analysts...Read More
Bitcoin has found itself caught within a firm consolidation phase over the past several days, which has come about following the cryptocurrency’s recent rejection at $9,200. Following the downwards movement that resulted from this rejection, BTC has found some stability around $8,600. In the near-term it is important to note that Bitcoin has found some...Read More
Prominent gold bug Peter Schiff hasn’t been one to hide his opinions on Bitcoin and digital assets in general, frequently railing against them in tweets to his nearly 200k followers. Today, however, his critiques of Bitcoin took a more personal turn when he slammed the cryptocurrency for not having any market value after he was...Read More
