Bitcoin Reaches ‘Logical’ Support As Volatility Wanes, Explosive Move Incoming

After Bitcoin price rocketed last month from lows around $6,400, the crypto asset touched over $9,000 before falling lower to what a well-known financial market analyst says is “logical support.” Meanwhile, a tool designed by the analyst suggests that volatility in the Bitcoin market is reaching bear market lows, potentially signaling that an exceptionally explosive […]

Tether Launches Gold-Backed Crypto, Do You Trust Them with Your Bullion?

Controversial cryptocurrency startup Tether has just announced the launch of a new crypto asset. The latest product from the company that brought the market market US Dollar Tether (USDT) is a supposedly gold-backed digital token. Tether Gold reportedly backs the tokens with physical gold stored in a Swiss vault. However, given Tether’s lack of transparency […]

Bitcoin May Stall for Six Months Before Any Major Rally; Factors & Trends

Bitcoin’s recent bout of sideways trading around the $8,600 region has resulted in a massive bear-favoring movement, with BTC now plummeting down towards the lower-$8,000 region. This movement has completely altered the sentiment amongst investors, with many analysts now claiming that the crypto will see significantly further losses as $9,200 begins to look increasingly like […]

Not (Yet) Altseason: Majority Holds Bitcoin And Less Than 5 Altcoins, According To a Survey

In an industry like this, where cryptocurrency prices are highly volatile and unpredictable, putting all eggs in one basket could be quite risky. Many got to know this the hard way, while some learned from the experiences of others.   A recent Twitter poll revealed that an increased number of crypto traders and investors are now […]

DCA: Slow and steady wins the race

If you had been buying $X worth of bitcoin weekly for the past X years here's how much you'd be up: Dollar cost averaging since 1.1.2016: +500.02% Dollar cost averaging since 1.1.2017: +136.12% Dollar cost averaging since 1.1.2018: +31.30% Dollar cost averaging since 1.1.2019: +37.61% https://dcabtc.com I don't think another assets exists that gives 30%+ […]

XRP, Ethereum and Bitcoin Cash Dive in Altcoin Purge: What’s Triggering It?

Top bitcoin rivals suffered major losses on Thursday after bulls failed to extend the last week’s wild upside price rally. Bitcoin SV’s BSV, after its stupefying climb before mid-January session, led the march downwards. The token fell by more than 9 percent on a 24-hour adjusted timeframe. Stellar’s XLM and Binance’s BNB followed suit, dipping […]

Bitcoin Just Violently Rejected $8,600: Here’s Why It Likely Means Retest of $7,000s

The bitcoin price just strongly rejected the $8,600 level, breaking down from a tight range for the first time in four days. BTC dropped below $8,400 on major exchanges like BitMEX, leaving the dominant cryptocurrency vulnerable to a deeper pullback. Similar price movement as when bitcoin rejected $10,600 On October 26, the bitcoin price increased […]

Bitcoin Has Begun Its Journey to Fresh All-Time Highs; Factors to Consider

2020 has been a great year for Bitcoin, with its rally from its late-2019 lows of $6,400 altering the cryptocurrency’s market structure to greatly favor bulls, leading many investors to believe that these lows will mark a long-term bottom for BTC. This optimistic belief is not unwarranted, however, as multiple technical and fundamental factors also […]

Binance Coin Price Analysis: BNB Charts Small Gains Following WazirX IEO Announcement

BNB is under a bearish threat with a double-top pattern. Surrounding fundamentals could keep buyers alive for the next rally. Despite bearish signs, BNB remains bullish on a short-term trend. Following a recent tweet by Changpeng Zhao @CZ_Binance: a new token sale of WazirX (WRX) was announced to take place on the Binance launchpad next […]