Quick take: Bitcoin broke the $17,100 resistance level Bitcoin then zoomed past $18k to post a 2020 high of $18,474 – Binance rate BTC soon fell hard to $17,200 The intense price action resulted in over...
Quick take: Bitcoin analyst, MagicPoopCannon, believes that Bitcoin will ultimately challenge its previous ATH However, it has one more resistance level at the $17,100 price area If BTC does not break this resistance, it could drop...
Quick take: The share price of Grayscale Bitcoin Trust (GBTC) has increased by 63% since October 1st Grayscale continues to accumulate Bitcoin (BTC) owning approximately 2.7% of the total supply Investors who believe Bitcoin is overpriced...
Quick take: Timothy Peterson has pointed out that Bitcoin is in ‘bubble territory’ He further warns of a possible 20% drop in the value of BTC Bitcoin has failed to claim the $16k price area as...
Quick take: Bakkt’s Bitcoin and Crypto app is now available to those who signed up for early access Current features include cash (USD) deposits/withdrawals and Bitcoin trading More features will be added with time Early users/testers...
Quick take: The number of Bitcoin whales holding at least 10,000 BTC has reached a 2020 high of 111 Bitcoin addresses holding between 1,000 and 9,999 BTC is also high at 2,129 which is 6 addresses...
Quick take: The amount of Bitcoin available for traders has dropped down to 2017 levels Most of the Bitcoin is now held by investors aka hodlers Such investors include Grayscale that has added 40k Bitcoin to...
Quick take: Crypto analyst Timothy Peterson, has forecasted that Bitcoin has a 10% chance at breaking $20k this year These odds increase to 90% for the year 2021 Mr. Peterson has also cautioned that Bitcoin could...
Quick take: The probability of Bitcoin hitting $20k by end of 2020 is now 14% This value is double what was recorded in late October Bitcoin has had a wild ride since November 3rd pumping from...
Summary: Bitcoin has continued on its bullish climb above $14k BTC just hit a 2020 high of $14,785 Such levels were last seen during the 2017/2018 bull run Bitcoin market cap dominance has continued to increase...
Summary: Bitcoin analyst, MagicPoopCannon has postulated that BTC could test the $80k to $90k price area by mid next year He cites that Bitcoin has followed a beautiful rising arc pattern since the days of Satoshi...
Summary: There were unconfirmed reports of Huobi’s Chief Operating Officer being investigated by Chinese authorities The news triggered a massive withdrawal of Bitcoin from Huobi Huobi Token (HT) has been hit hard by the news falling...