Tag: bitcoin price

Oct 23 2020

Research Boutique: Bitcoin Chart Is “Echoing” Previous Exponential Surges

Oct 23 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin has undergone a strong rally over the past few days, rallying from $11,200 to $13,100. Nautilus Research thinks that Bitcoin's chart is forming patterns and signals last seen prior to previous exponential bull runs. He isn't the only one that thinks that Bitcoin will soon see an exponential rally higher. Others that expect...

Oct 22 2020

Bitcoin Sets New Yearly High After PayPal Adds Crypto: What’s Next?

Oct 22 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin has surged over the past few days amid strong fundamental events. The cryptocurrency currently trades for $12,800, just shy of a new year-to-date high. The coin is up over 8% in the past 24 hours alone, outperforming most altcoins and digital assets. The latest leg higher in the price of Bitcoin seems to be related to news that PayPal is embracing crypto....

Bitcoin Rips Higher To $13,000 on Continued Fiscal Stimulus Excitement

Oct 22 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin has continued to explode higher over the past 24 hours. The coin now trades for $12,750, around 7% higher than it was just 24 hours ago. This latest leg higher in the Bitcoin price can be pinned to two fundamental news events: PayPal adding crypto and more fiscal stimulus coming. Bitcoin Rallies Higher as Stimulus Talks Continue...

Oct 21 2020

Bitcoin’s Latest Leg Higher Brings It Above a Crucial Macro Level

Oct 21 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

After bottoming at $10,200 earlier this month, the cryptocurrency has ripped higher. Bitcoin now trades just shy of $12,000. Bitcoin will need to close above $11,828 on a weekly time frame if it is to confirm its macro bullish trend Bitcoin Crosses Pivotal Macro Level Bitcoin has pushed strongly higher over the past two weeks. After bottoming at $10,200 earlier this month, the...

Bitcoin Poised to Resume Rally After Second Move Above $12k

Oct 21 2020 Published at Coingape under tags  bitcoin bitcoin news bitcoin price btc btcbrl

Bitcoin has made its second move into the $12,000 price zone this year with today’s re-tap of $12,300. Analysts are confident that the rally could resume taking it all the way up to last year’s highs. A couple of hours...

Oct 20 2020

Top Fund Managers Think Bitcoin May Seriously Outperform Altcoins

Many investors flipped bullish on Bitcoin relative to altcoins over the past few days. This culminated on Monday when BTC gained 3% while the price of top altcoins dropped by 1-10%. Analysts think this trend may continue for the forseeable future. Bitcoin Could Outperform Altcoins in the Months Ahead Many investors flipped bullish on Bitcoin relative to altcoins over the past few days...

Bitcoin Price Breaks $400 Higher While S&P 500 Drops

Oct 20 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin has undergone a strong rally over the past day, gaining $300 as it pushes to $11,750. It topped out at $11,820 today as the dollar underwent a slight rally higher. TradingView.com data indicates that Bitcoin is outpacing a swath of other assets over the past day's trading session. It is outperforming the S&P 500, gold, along with altcoins. Bitcoin Outpaces S&P 500,...

Oct 19 2020

Bitcoin Bumps Higher as Trump Calls For Bigger Stimulus Than Democrats

Oct 19 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin is likely gaining steam due to ongoing stimulus talks in the U.S. Reports indicate that President Trump wants politicians to agree on a stimulus deal larger than House Speaker Pelosi has pushed. The details on this latest development were scant. Whatever the case, analysts think this only accents Bitcoin's value proposition. There is only 21 million Bitcoin that will ever be mined...

Analyst Who Called 2018 Bottom Fears Bitcoin Will See Steep Drop

Oct 19 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin could undergo a strong correction in the weeks ahead as it forms a bearish short-term to medium-term outlook. This is compounded by a futures market positioning "overhang" noted by JP Morgan analysts. Historically Accurate Analyst Fears a Strong Bitcoin Drop Bitcoin could undergo a strong drop towards $10,000 once again, says the trader who in the middle of 2018 predicted the bottom...

75% Chance Bitcoin Breaks Bullish Towards $12K, Analyst Asserts

There is a 75 percent possibility that Bitcoin breaks bullish out of its ongoing consolidation pattern. According to independent analyst Vince Prince, the benchmark cryptocurrency is making "marginal" upside movements in an Ascending Channel structure. That has...

Anthony Pompliano Announces He Has 80% of His Capital in Bitcoin

Oct 19 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

There are many that say Bitcoin is poised to see rapid appreciation in years ahead, but many don't have much skin in the game. Investor and former Facebook team member Anthony Pompliano recently said this is not the case with him. He said in a podcast that 80% of his wealth is concentrated in the leading cryptocurrency. Anthony Pompliano, Fund Manager, Says He...

Oct 18 2020

Bitcoin Investors More Bullish Than Ever as IMF Call For “New Bretton Woods”

Oct 18 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin's price has stagnated over recent weeks in a tight range. Despite this price action, the fundamentals for the cryptocurrency are rapidly strengthening. Investors in Bitcoin got a boost just recently when the International Monetary Fund called for a new Bretton Woods moment. Bretton Woods was the agreement in 1944 that integrated the gold standard and implemented a monetary world order. Analysts think...

4 Crucial On-Chain Trends Show That Bitcoin’s Trend Is Bullish

Oct 18 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin has dropped over the past few days after news revealed that OKEx had frozen withdrawals. The price of the leading cryptocurrency slipped from $11,750 to $11,450 where it is now. The leading cryptocurrency is primed to appreciate in the long run despite short-term weakness. One crypto-asset analyst noted that there is a confluence of on-chain...

“Exchange FUD” Narrative That Haunted Bitcoin May Finally Be Dead: Analyst

Oct 18 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin's price took a slight dip late last week when it was revealed that OKEx had frozen withdrawals. The exchange did so as one of its key holders went silent as he was cooperating with a public security bureau. Some investors took this as a sign that the cryptocurrency industry was under a regulatory threat. Bitcoin didn't fall as much as some initially...

“Game On,” Analyst Says as Bitcoin Prints Pivotal Crossover

Oct 18 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin is forming a pivotal buying signal after weeks of consolidation. The cryptocurrency pushed higher over the past 10 days, which allowed this indicator to trend higher to form the buying signal seen today. Bitcoin Prints Pivotal Ichimoku Cloud Crossover Josh Olszewicz, a crypto-asset analyst, recently...

Oct 17 2020

Bitcoin On-Chain Fundamentals Are Still Decisively in “Bullish Mode”

Oct 17 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin has undergone a strong rally over the past few weeks. The coin has rallied from the $9,800 lows in early September to $11,400 now. Bitcoin may retrace in the near term, analysts say, as it faces down increased selling pressure. Despite these short-term bearish signs, the long-term trend remains bullish. Noted on-chain analyst Willy Woo says that Bitcoin's long-term trend is still...

Bitcoin Is Primed to Correct to $10,700 Before Its Next Leg Higher

Bitcoin has rallied strongly over the past few weeks. The leading cryptocurrency surged from $10,400 to $11,750. The coin now trades for $11,400 after a slight correction as buying pressure tapered off. Bitcoin is primed to move lower in the near term as it aims to set up another leg to this ongoing rally, analysts say. Crypto analysts...

Oct 16 2020

Bitcoin Likely to Hit $11,000 Before $12,000 as Price Hits Key Resistance

Oct 16 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin is likely to drop towards $11,000 in the coming days, analysts say. The cryptocurrency is likely to do so as it has formed a strong rejection at the $11,400 resistance level, which has been a level of importance for the asset on a short-term and long-term basis. Bitcoin Likely to Drop Towards $11,000 as Key Resistance Holds The analyst that shared the...

Analyst Who Called 2018’s Bottom Says Bitcoin Will Soon Move Towards $12k

Oct 16 2020 Published at Bitcoinist.com under tags  bitcoin price btcusd btcusdt xbtusd

Bitcoin has stalled over the past few hours. The cryptocurrency currently trades for $11,300, far above last week's lows but below the highs of $11,750. Bitcoin is down 2% in the past 24 hours after news revealed that OKEx has frozen withdrawals for the time being. The cryptocurrency remains in a precarious position due to that news events. Purely from fundamentals, though, analysts...

Bitcoin Will Likely Grow 15-20x in Next 15 Months: Fund Manager

Bitcoin has every possibility to grow its market size by 15-20 times within the next 15 months, according to Anthony Pompliano of New York-based hedge fund Morgan Creek Digital. The founder said in a note to investors that they should put 1-10 percent of their investable capital into Bitcoin. Recalling his own portfolio's 50 percent exposure in the cryptocurrency, Mr. Pompliano cited a...

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