Wednesday, April 8, 2020

Bitcoin Bulls Aim Crucial Test of 100-day SMA Near $8K

Bitcoin is up close to 5% and it broke the $7,000 resistance area against the US Dollar. It seems like BTC bulls are now...

Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow

One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price...

Bitcoin on Track to Form Historic “V-Reversal” as Bulls Surmount $7,000

Bitcoin saw a sharp overnight rally that allowed it to surge past the resistance that it was previously facing around $7,000, with the crypto...

Data metrics surrounding Bitcoin’s miner dynamics all point to a long-term bottom

Ever since Bitcoin’s capitulatory drop to lows of $3,800 seen in mid-March, investors and analysts alike have all been attentively watching for signs that...

Bitcoin Retakes $7,000 as Stock Market Continues to Mount Comeback

Somehow, someway, the price of Bitcoin has continued to show resilience after March 12’s capitulation event, decisively retaking $7,000 on Monday morning after trying...

10 Countries Actively Regulating Cryptocurrency Despite Global Crisis

Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup....

Bitcoin Hesitates But These Indicators Suggest Break Above $7K Is Looming

Bitcoin is up more than 2% and it is gaining bullish momentum against the US Dollar. BTC price is likely to surge 4%-5% if...

Bitcoin Whales Play “Liquidation Games” as Analysts Eye Buyer Activity at Key Support

Bitcoin has seen some notable short-term movements throughout the past 24-hours, with bulls attempting to push the crypto past $7,000 at around this time...

Edge of Glory: Key Bitcoin Indicator Just Approached a Critical Level

Bitcoin’s sideways trading that was first sparked by its rejection at $7,300 has extended through today, with the cryptocurrency firmly caught within the upper-$6,000...

Bitcoin Showing Signs of Weakness But 100 SMA Can Trigger New Rally

Bitcoin is struggling to gain momentum above the key $7,000 resistance against the US Dollar. BTC is likely to surge past $7,000 as long...
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