The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
This Signal Says Ethereum Could Lead Alts Off…
Few altcoins have performed better in 2020 than Ethereum. The second-ranked cryptocurrency is up well over 200% on the year, and from the Black Thursday bottom to the 2020 high, Ethereum rose over 400%. Momentum…
It’s “Open Air” for Bitcoin Down to $7,000…
Bitcoin has been flashing some signs of technical weakness as it hovers above the lower boundary of its long-held trading range between $9,000 and $10,000. Its inability to stabilize above the support that was previously…
Bitcoin Trading Near Crucial Juncture: Here’s Why BTC…
Bitcoin is struggling to clear the main $9,200 resistance area against the US Dollar. BTC is likely to start a strong rally if it clears the $9,200 resistance and the 100 SMA (H4). Bitcoin is…
This Technical Pattern Suggests Bitcoin Will Plunge Over…
Bitcoin appears to be in a somewhat precarious position, as a few technical factors are currently suggesting that it may soon see some notable near-term downside. One such technical factor suggesting that the crypto is…
Analyst: Bitcoin to See One Final Downtrend Before…
Bitcoin’s intense consolidation phase may soon draw to a close, as multiple technical patterns are now suggesting that some massive volatility is imminent. This potential trend-defining movement comes after months of range-bound trading between $9,000…
Grayscale Hasnt Bought A Single Bitcoin in Over…
Given the rate at which Grayscale usually buys Bitcoin, it seems like the cryptocurrency fund management company was trying to buy every single Bitcoin in existence. But this pattern ground to a halt more than…
Bitcoin Price Must Now ‘Reclaim $9,400 Quick’ to…
Bitcoin (BTC) must reclaim $9,400 as soon as possible in order to change its bearish course, says Cointelegraph Markets analyst filbfilb. In an update on social media on July 16, the popular trader warned that…
Bitcoin Exchange Inflows Spike as Analyst Expects Pullback…
Bitcoin (BTC) edging ever closer to $9,000 support may lead to a major sell-off by exchange users, one analyst warns. According to data from on-chain analytics resource CryptoQuant, inflows of BTC to exchanges spiked on…
100-day SMA Could Ignite a Bullish Breakout for…
Bitcoin is trading in a contracting range above $9,000 against the US Dollar. BTC’s daily chart suggests that the price could rally above $9,300 as long as it is above the 100-day SMA. Bitcoin is…
Stocks TD9 Sell Sign Flashes Yet Bitcoin Traders…
The TD9 sell indicator emerged on the S&P 500 chart across various time frames. Considering the heightened level of correlation between Bitcoin and stocks, it might hint at a short-term BTC price pullback. But cryptocurrency…
Bitcoin and Gold Neck and Neck In Two-Year…
After two full years of price action, Bitcoin and gold are neck and neck in terms of return on investment. However, during the same time period, the leading cryptocurrency by market cap experienced wild price…
Bitcoin Breaking This Confluence Resistance Could Spark a…
Bitcoin is holding the $9,120 and $9,200 support levels against the US Dollar. However, BTC is facing a confluence of resistance near $9,400, above which it could start a strong rally. Bitcoin is slowly rising…
Youtube Helps Scammers Steal $130,000 in Bitcoin From…
Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert. Cyber-thieves are finding it very easy to fool people of their…
Bitcoin Closing Above This Level Triggers The Most…
The most significant confirmation that Bitcoin is about to begin a new bull run could arrive as soon as tonight’s daily and weekly close. Post-Halving BTC: Will 2020 Be The Year of The Bull Market…
Bitcoin Trading Near Make-or-Break Levels: Here’s Why $9,400…
Bitcoin is trading nicely above the $9,100 and $9,200 support levels against the US Dollar. BTC is forming a crucial breakout pattern and it must break $9,400 for a sustained upward move. Bitcoin is trading…
New ‘Altseason’ Visualized: Top 10 Cryptos Outperforming Bitcoin
Alternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have also been posting serious gains such…
Bitcoin Just Saw Key Technical Correction But This…
Bitcoin started a downside correction after it was rejected near $9,500 against the US Dollar. BTC is now trading near the main $9,200 support and it could either start a fresh increase or dive to…
Bitcoin Could be Following Gold’s Price, Signaling a…
Bitcoin’s multi-month consolidation phase has caused its correlation with other assets to degrade, leaving investors to question where it might trend next. One analyst is now floating the possibility that the cryptocurrency’s price is currently…
Bitcoin Retesting Bollinger Band Mid-Line, Rejection Has Resulted…
Bitcoin price is at a critical moment in its market cycle. And although it’s been said dozens of times before, the next move could choose the trend direction for months to come. At this very…
Bitcoin S2F Model Creator Reveals 4 Reasons Why…
Bitcoin (BTC) was the top choice of famous analyst PlanB thanks to its scarcity and zero likelihood of negative interest rates. In a series of tweets on July 7, the creator of Bitcoin’s stock-to-flow price…
This Unique Perspective on Bitcoin Charting Makes Bull…
Switching Bitcoin price charts from one type to another gives a clear as day look at what appears to be a full-blown breakout into a bull market. Better yet, the price action also shows a…
World’s Largest Pension Fund Lost the Equivalent of…
The biggest pension fund in the world lost $164.7 billion in the first quarter of 2020. This is equivalent to the entire market capitalization for Bitcoin (BTC). Bitcoin didn’t do any better Japan's Government Pension…
Bitcoin Price Consolidating But What Happens if $9K…
Bitcoin (BTC) has failed to challenge the multi-year resistance of $10,500 since the beginning of June 2020. This extended period of chop will ultimately result in one of two inevitable outcomes. Either a massive green…
Do or Die For Bitcoin Bulls: Here’s What…
Bitcoin is still holding the $9,000 support zone against the US Dollar. BTC is now approaching a crucial juncture and it could either rally above $9,200 or start a sharp decline below $9,000. Bitcoin is…
The Number of Stocks Reaching All-Time Highs is…
Bitcoin and the stock market have formed a close correlation in recent weeks, but this is now showing some signs of breaking as BTC trades sideways while most equities begin picking up some momentum. The…
Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull…
A new report analyzing on-chain activity says that Bitcoin (BTC) is now due for a bullish phase based on supply movements. Published by asset manager Stack Funds on July 2, the findings suggest that 90-day…
Stock in Crypto Mining Firms Riot and Hive…
The share price of Bitcoin (BTC) mining firms Riot Blockchain and Hive Blockchain has produced enormous year-to-date (YTD) gains, with stock in Riot nearly doubling while Hive tripled over 2020 so far. However, not all…
Traders Brace for Big Drop as Bitcoin Dips…
The price of Bitcoin (BTC) dropped below $9,000 in a rapid pullback, falling by 5% in 48 hours. It marked the seventh drop to the $8,000s for the top-ranked cryptocurrency by market capitalization within a…
‘Boring’ Bitcoin Hits Multiple Year-to-Date Highs
After weeks of uninspired price action, Bitcoin hit new heights today on a variety of metrics: new addresses, active addresses, hourly transaction count and hourly spent outputs. Glassnode CTO Rafael Schultze-Kraft posted on twitter listing…
Bitcoin Hesitates But Indicators Suggest BTC Could Surge…
Bitcoin is slowly moving higher and it recently tested $9,300 against the US Dollar. BTC is now trading well above the 100 hourly SMA, and it is likely to surge above $9,300. Bitcoin is showing…
Boomer and Gen-X Interest in Bitcoin Surges During…
The older generations have increased their monthly Bitcoin investments by a factor of nine on U.K crypto trading app Mode since the beginning of the pandemic and lockdowns. Mode Banking reported that Baby Boomers (born…
Bitcoin is Showing “Signs of Exhaustion” as Analysts…
Bitcoin is flashing some tempered signs of strength right now as it attempts to push up towards $9,300. This comes after an extended period of trading at $9,100 and seems to mark an extension of…
Reddit Roundup – June 2020
Ladies and gentlemen, we bring you the first ever edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This contains 50 links to most of the best quality content that was uploaded to…
Bitcoin Flirts with Posting a Bull Cross as…
Bitcoin’s recent price action has done little to offer investors with insight into the cryptocurrency’s current trend, as it has been stuck between $9,000 and $10,000 for an extended period. There are a few crucial…
Analyst Expects Bitcoin Price to Break Below $8,500;…
Bitcoin is maintaining its interim support level near $9,100, but an analyst expects the price to break bearish towards $8,500. The trader forecasted the downside move days after Bitcoin established a second-quarter top near $10,500…
Who’s Buying Bitcoin? Retail Demand Expected to Double…
The latest research from ZUBR derivatives exchange published June 29 found that participation from retail investors is increasing despite the longstanding narrative that institutional adoption would be required to propel crypto prices higher. With the…
Bitcoin Flirts With Key Resistance: Here’s Why 100…
Bitcoin is consolidating above the $9,100 level against the US Dollar. BTC could start a strong increase towards $9,500 as long as it is above the 100 hourly SMA. Bitcoin is currently trading in a…
The Crypto Market’s Most Accurate Tool Says New…
The crypto market is at a pivotal moment. A new uptrend in Bitcoin was starting prior to the Black Thursday selloff, and now prices are consolidating below a critical level. A breakout all but guarantees…
Record Breaking Unmoved Bitcoin Data Sparks Expectation of…
The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K.…
Bitcoin Cash Reaches Crucial Juncture: Here’s Why It…
Bitcoin cash price started an upside correction from the $205 support against the US Dollar. BCH is now facing a strong resistance near the $225 and $230 levels. Bitcoin cash price is currently correcting higher…
Comprehensive Analysis Predicts Bitcoin Price Near $20K This…
A new, comprehensive analysis has predicted the price of bitcoin to reach almost $20K this year and will keep rising to almost $400K by 2030. The researchers have also predicted the future prices of several…
Why Top Traders Expect Bitcoin to Hit $13,000…
Bitcoin appears to be incredibly weak from a short-term perspective. After breaking below $9,000 for a short period earlier this week, the crypto is once again at risk of breaking below the lower boundary of…
Bitcoin Is Recovering But $9,300 Could Trigger A…
Bitcoin is currently correcting higher from the $8,813 swing low against the US Dollar. BTC is trading above $9,000, but it is facing many hurdles near $9,200 and $9,300. Bitcoin started an upside correction after…
Bitcoin is Setting Up to See a Sharp…
Bitcoin has continued to extend its multi-month bout of sideways trading as it hovers within the lower-$9,000 region. It does appear to be growing increasingly weak in recent times, as it has frequently been testing…
Over $1B in Bitcoin Options Set to Expire…
Cryptocurrency markets and bitcoin price stability might be coming to an end soon, as a number of skeptics and speculators expect a big move after today’s options derivatives contracts expire. Bitcoin prices have been less…
This Trend Measuring Tool Says Bitcoin Drop Is…
After a series of higher lows above the current support level, Bitcoin looked primed for a move higher. However, a recent drop setting a lower low on daily timeframes has potentially started a short-term downtrend.…
Bloomberg: ‘Bitcoin a Caged Bull Set for Breakout,…
Bloomberg remains optimistic about Bitcoin (BTC) as long as it stays above a key resistance level. Bitcoin Bollinger Bands. Source: Bloomberg The latest report by Bloomberg analyst, Mike McGlone, contends that Bitcoin is consolidating. He…
Over $1B in Bitcoin Options Set to Expire…
Cryptocurrency markets and bitcoin price stability might be coming to an end soon, as a number of skeptics and speculators expect a big move after today’s options derivatives contracts expire. Bitcoin prices have been less…
Bloomberg Analyst Sees Bitcoin at $13K Despite Hints…
Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making it a digital version of gold. He also highlighted…
Bitcoin Recovery Runs Into Resistance: Here’s Are Key…
Bitcoin started an upside correction after testing the $9,000 support against the US Dollar. BTC is now facing a strong resistance near the $9,300 and $9,400 levels. Bitcoin is recovering and it is trading above…
Will PlusToken Moving $458M Worth of Crypto Spark…
Bitcoin and the aggregated crypto market have flashed some signs of weakness over the past 24-hours, with the benchmark digital asset reeling down to the lower boundary of its long-held trading range in a sharp…
Bitcoin Options Open Interest Hits Peak Hours Before…
Bitcoin (BTC) options continue to see record open interest this week with a $1 billion expiration just one day away. According to data from on-chain analytics tool Glassnode and others, demand for options continues to…
Do or Die For Bitcoin Bulls: Here’s What…
Bitcoin started a sharp decline after it failed to continue higher above $9,800 against the US Dollar. BTC is currently testing the $9,200 support, below which it could decline further. Bitcoin is down more than…
CryptoQuant CEO: Bitcoin Miner Outflows are Continuing to…
Bitcoin’s price has reeled lower today following the recent rejection it posted at $9,800. This movement lower appears to have been driven by two primary factors. In addition to the rejection at $9,800 pointing to…
83% of Bitcoin Addresses Currently Profitable, Says Glassnode
At least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known as the ‘Black Thursday.’ At…
Bitcoin Smashes Key Resistance: Here’s Why BTC Could…
Bitcoin is up more than 3%, and it broke the key $9,500 resistance against the US Dollar. BTC is currently trading in a positive zone, and it could continue to rise towards $10,000. Bitcoin is…
3 Key Reasons Why Bitcoin Price Could Surge…
Bitcoin is trading nicely above the $9,300 and $9,220 support levels against the US Dollar. BTC is likely to continue higher towards $9,500 and $9,800 as long as it is above $9,220. Bitcoin is forming…
Bitcoin Bullish Flag Breakout Could Pump BTC, But…
Bitcoin traded as low as $9,165 and recently started a fresh increase against the US Dollar. BTC is currently rising, but it might struggle to clear the main $9,500 resistance zone. Bitcoin is showing recovery…
Bitcoin ‘Realized Cap’ Hits New High Similar to…
The “realized cap” of Bitcoin (BTC), a statistic observed by on-chain market analysis platform Glassnode, has hit a new all-time high on June 19. It may indicate an overall increase in new investors in the…
Bitcoin Could Narrowly Avoid a Downside Thrust if…
Bitcoin is declining steadily and trading below $9,400 against the US Dollar. BTC could decline sharply below $9,250 if it fails to reclaim the 100 hourly simple moving average. Bitcoin is slowly moving lower and…
Bitcoin Bears Struggle at the $9,270 Support —…
This week Bitcoin (BTC) price has struggled to overcome resistance at $9,600 and at the time of writing the top-ranked cryptocurrency on CoinMarketCap is finding support near $9,400. Crypto market daily performance. Source: Coin360 Technical…
Bitcoin Accurately Mirroring Fractal That Sent Its Price…
Bitcoin is consolidating sideways in a $1,500-wide trading range since the beginning of May 2020. While observers anticipate the cryptocurrency to head lower, a fractal from 2019 shows a different picture. So it seems, bitcoin…
Analysts Expect Bitcoin to See a Violent Short-Term…
Bitcoin has continued to extend its multi-week consolidation phase. The crypto is currently hovering within the mid-$9,000 region and has not yet posted any sorts of trend defining movements. It is important to note that…
Bitcoin Difficulty Sees Two-Year Record Surge as Hash…
The Bitcoin (BTC) mining difficulty has seen its biggest upward move for over two years after warnings over BTC price selling pressure. According to data from on-chain monitoring resource BTC.com on June 17, the latest…
As Bitcoin Suddenly Surges 7.82%, Traders Spark Breakout…
Bitcoin bounced back after crashing below $9,000 a day before. The cryptocurrency’s recovery run took its price above $9,500, a crucial resistance level. Meanwhile, traders called the rebound a “re-accumulation” move before bitcoin breaks above…
$930M in Bitcoin Options Expire Next Friday —…
Much attention has been paid to the Bitcoin options and futures market and each week crypto media reports on new record open interest figures being achieved. As the date of another futures and options expiry…
Bitcoin Recovers Sharply Above 100 SMA But $9,500…
Bitcoin recovered sharply after trading to a new monthly low at $8,910 against the US Dollar. BTC is now trading above the 100 hourly SMA, but it is facing a major resistance at $9,500. Bitcoin…
Here’s Why Some Traders Remain Long on Bitcoin…
Bitcoin bore witness to an intense overnight decline that led it down to the sub-$9,000 region for a short while. This dip was quickly absorbed by an intense influx of buying pressure that helped send…
About The Clouds: Bitcoin Holds Retest Of Key…
Last night at 8PM eastern standard time, Bitcoin price closed its weekly candle at roughly $9,325. While the close marked yet another week of failed attempts to break above $10,000, it also marked the first…
Bitcoin Transaction Fees Fall 91%, Back to Pre-Halving Levels
The average fee for a transaction on the Bitcoin network has fallen roughly 91% from $6.56 on May 20th to just $0.56 on June 14th, reaching back below $1. The amount represents a low that…
Analyst Claims It’s Clear Skies for Bitcoin Above…
Bitcoin’s consolidation phase seen throughout the past several weeks muddied the confidence that many investors previously had regarding the strength of its uptrend. Although the crypto’s 150% surge from its March lows has been incredibly…
A Record Number of Investors Are Holding at…
The number of investors with Bitcoin (BTC) holdings of 0.1 coins or more has broken into new all-time highs. Data published by crypto data aggregator Glassnode on June 13 shows the number of wallets holding…
Developer Activity Surrounding Eos, Tron, and Bitcoin Cash…
A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects. In Outlier Ventures’ Blockchain Developer…
Bitcoin Price is Recovering But 100 SMA Could…
Bitcoin started a major decline after it was rejected near the $10,000 resistance against the US Dollar. BTC is currently recovering, but it is likely to face sellers near the 100 SMA (H4). Bitcoin traded…
These Three Simple Factors Suggest Bitcoin is About…
Bitcoin could be at risk of seeing major downside in the near-term as it continues ranging sideways. Its recent price action has made it abundantly clear that the cryptocurrency’s buyers are fundamentally weak at the…
Survey Respondents Are Split 50/50 Between Bitcoin &…
The survey results are in — there is almost an equal split on the issue of trust: Bitcoin (BTC) or big banks. There has also been an incredible change in attitudes over the past three…
Bitcoin Price Drop to Key $9K Support Could…
The price of Bitcoin (BTC) was unable to break through the resistance zone at $10,000 and corrected nearly 10% in a day. The drop down occurred on the same day that U.S. equity markets saw…
Bitcoin Miners Largely Responsible For Latest Rejection At…
Bitcoin price has been consolidating in the mid to high $9,000 range for nearly a month and a half. Repeated attempts to break and hold above $10,000 have been rejected thus far. The most recent…
Bitcoin CME Open Interest Grows 3000% Since Start…
Bitcoin futures open interest over at the Chicago Merchantile Exchange, better known as CME, has surged by 3,000% since the start of May 2020. What’s fueling the sudden spike in interest in the first-ever cryptocurrency…
Number of Active Bitcoin Addresses Could Indicate $14.7K…
June 11, the number of active Bitcoin (BTC) addresses hit 1,040,244. This is the highest number in two and a half years. Many analysts believe there may be a correlation between this metric and the…
Bitcoin Just Broke Its Parabolic Uptrend; Here’s What…
Bitcoin’s recent volatility has done some damage to its underlying market structure, despite it being able to post an ardent defense of the lower boundary of its long-established trading range. Yesterday, the crypto plunged to…
Bitcoin Takes a Big Hit: Main Reasons Why…
Bitcoin is down more than 5% and it broke the key $9,300 support zone against the US Dollar. BTC traded as low as $9,089 and it is currently correcting higher towards hurdles. Bitcoin declined sharply…
Bitcoin Cash Smashes Key Resistance: Here’s Why It…
Bitcoin cash price is showing positive signs and it is trading above the $250 support. BCH is likely to continue higher and it might break the $265 and $270 resistance levels. Bitcoin cash price is…
This Bitcoin Volume Trend Formed Before BTC’s Rally…
Bitcoin’s long-held consolidation phase within the mid-$9,000 region may soon come to an end, as analysts are now noting that the resistance at $10,000 is beginning to evaporate. This isn’t to say that the cryptocurrency…
Dump Incoming? Bitcoin Price Action Matches Wyckoff Distribution…
Bitcoin price has been consolidating after its last strong push higher for over forty days now. After many attempts to break up through $10,000, each rejection has caused the price action to closely resemble a…
Zilliqa (ZIL) Beats Bitcoin With 950% Gains Since…
While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL). Zilliqa, in particular, the 40th-ranked cryptocurrency by market capitalization, has…
Bitcoin Could End Current Consolidating With A Strong…
Bitcoin is trading in a tight range above the $9,640 support against the US Dollar. BTC price is likely to surge higher if it clears the $9,800 and $9,880 range resistance levels. Bitcoin is trading…
Leaked Pentagon War Game Shows Gen Z Using…
The United States has been creating military simulations, otherwise known as ‘war games,’ for years now. In fact, the Pentagon and various professional analysts created a permanent war gaming facility for simulations. This week a…
3 Reasons Bitcoin Price Could Be on the…
The price of Bitcoin (BTC) has risen by 170% in the last three months from $3,600 to $9,700. Despite this immense 3 month recovery, a series of fundamental factors point to the possibility of another…
These 2 Bitcoin On-Chain Metrics Suggest the Post-Halving…
On-chain data from blockchain analytics firm CryptoQuant suggest that miners are currently holding on to their mined BTC, a sign that may indicate a continuing recovery for the Bitcoin price given a lack of selling…
‘Bullish’ — Struggling Miners Done Selling Their Bitcoin,…
Bitcoin (BTC) miners are setting up a bullish trend despite large sell-offs around the halving, a new data metric suggests. According to Glassnode’s Miner Outflow Multiple (MOM), outflows from mining pools compared to their one-year…
Patoshi Researcher Says “Altruistic” Satoshi Will Never Spend…
Bitcoin founder Satoshi Nakamoto will never spend his “1.1 million bitcoins” because he is altruistic, Patoshi Pattern researcher Sergio Demian Lerner has said. The Patoshi Pattern exploits privacy flaws of an early protocol, v.01, to…
Bitcoin Miners Are Dumping BTC At a Faster…
Bitcoin’s halving is nearly a full month behind us, yet no new uptrend or post-halving selloff has happened. Oddly, Bitcoin price has traded relatively sideways since. One metric that has changed since the halving, however,…
These Factors Show Bitcoin Could Soon Explode Above…
Bitcoin is recovering and showing positive signs above the $9,700 level against the US Dollar. BTC price is likely to accelerate higher above $10,000 as long as it is above the 100 hourly SMA. Bitcoin…
Provably Accurate Bitcoin RSI Confirms Potential Price Rally…
Bitcoin could jump above its year-to-date high despite correcting by $1,500 on Tuesday. The upside prediction comes from the cryptocurrency’s 14-week Relative Strength Indicator. The technical indicator’s readings are above levels that maintain the market’s…
Litecoin Signaling Fresh Increase To $50: Here’s How…
Litecoin retreated from the $50.00 resistance and found support near $45.00 against the US Dollar. The price is currently rising and it could surge if it clears the $48.00 resistance. There is a major bullish…
Correction Inevitable? Bitcoin Paints a ‘Shooting Star’ Pattern…
The new weekly and monthly Bitcoin price candle kicked off with a powerful move to the upside, but yesterday was rejected with force. Although it is extremely early in each trading session, the recent price…
Crypto Analyst on Bitcoin Collapse: Never Understimate The…
Just ahead of last night’s daily close, Bitcoin price exploded above $10,000 in a powerful break of the asset’s most important resistance, liquidating overleveraged shorts along the way. But Sunday night’s daily price candle coming…