As things stand, Bitcoin and Ethereum trail their respective 2017 peaks by 10 percent and 150 percent, respectively. Clearly, one is further away than the other, but both cryptocurrency’s markets are closer to the infamous bull market than you’d think. According to the market intel report by blockchain analytics firm Chainalysis, while Bitcoin might’ve seen...Read More
Another phrase for ‘bull run’ is ‘profit take.’ Why? Because whenever the price for any asset rises, there are those who buy in the hope for another rise, and there are those who sell, in the hope for another fall. While it’s clear that Bitcoin is in a full-fledged bull run, it’s also clear that...Read More
With Bitcoin once again inching closer and closer to $12,000, some are hopeful of the rise while others are fearful of a fall. Depending on which side of this equation you’re on, you’re either a hodler or a seller. Each side has an equal tug on the market as while hodlers are hodling on expecting...Read More
Bitcoin is looking set to end the year almost double its price at the beginning. The long term trend is still very strong and those gains are likely to continue for the next few years. Bitcoin Up Over 90% YoY Last Christmas, Bitcoin was priced at around $3,800. It had been through a brutal bear...Read More
The week is drawing to a close with Bitcoin back above $7,000 which keeps it consolidating as the bulls and bears battle it out. Long term trend lines are holding as is strong support but those are not the only reasons why the next bull run could be imminent.Bitcoin Holds Major SupportSince its big mid-week...Read More
Throughout much of 2018, support at $6,000 acted as the absolute Bitcoin price floor, with each time bears pushed the price of the first-ever crypto-asset down to the range, it would reverse and rally – only to stop short of ever setting a new higher high.The post appeared first on NewsBTCRead More
