Bitcoin is about as innovative of a technology as it gets. It quite possibly is the most important technology to ever exist, potentially more impactful than the internet before it. Without the internet, cryptocurrencies might never exist, but Bitcoin could forever change the face of money – and with it, control. As powerful and potentially as...
Bitcoin price is trading at around $52,000 per coin, just as the country of El Salvador has made its first ever purchase of BTC, according to President Nayib Bukele via Twitter. In addition, the driving force behind the top cryptocurrency becoming legal tender in the country for the first time is vowing to keep "buying a lot...
Bitcoin price is back at $50,000. The market is still undecided about the ultimate direction the cryptocurrency moves next. But according to a repeating fractal pattern that has appeared again and again, the only direction for the next several weeks could be up. Here is a closer look at a side-by-side comparison that has appeared several...
Bitcoin price is trading at around $48,500 after last night's August monthly candle close at around $47,150. Each monthly close is especially memorable, but bulls have a chance to make this September a month to remember. Past data from the month's price action says that September has been historically bad for...
Bitcoin price is back near $50,000 after a massive shakeout following new all- time highs set this past April. While the market continues to debate whether or not a top is in, the top cryptocurrency by market cap has begun to resemble the price pattern of the 1970s gold bull run. Interestingly, both assets topped out at around $1.2 trillion...
Bitcoin price is flirting with resistance at $50,000. The first attempt has led to a short-term rejection, but the king of cryptocurrency appears determined as ever. According to Elliott Wave International's resident crypto expert Tony Carrion, there are plenty of signs that suggest "greater price appreciation" is...
Bitcoin price has turned bullish over the last three weeks, and looks to be breaking up and out of a near textbook bull flag pattern. The only problem is that the pattern could be a page out of gold's playbook, which recent price action would suggest the top cryptocurrency isn't yet out of the woods. Here is a...
One of the biggest factors influencing the recent Bitcoin bull run hands down has been the digital gold narrative and the capital flows from precious metals into crypto. However, looking back at the XAUBTC chart over the last several months, the recent retracement across crypto makes it look like the bull run never even started,...
Markets are cyclical, and so is the sun, moon, and the rest of the solar system. But could solar cycles specifically be what controls the ebb and flow of financial markets like Bitcoin and stocks? A study of the VIX, the S&P 500 and cryptocurrency concludes that there may be something more to the relationship. And with the sun waking up...
A massive crypto market selloff set back the prices of Bitcoin and Ethereum by more than 50%. Ether fell a lot harder, wiping out more gains, but has since recovered a lot better. Technical indicators across the USD pairs of both cryptocurrencies are far more bullish for Ethereum, and it could be a sign of significant overperformance...
The digital gold narrative was partly responsible for institutional interest in Bitcoin, and putting the precious metal's bull run on pause. Only recently was that narrative tarnished and cryptocurrencies fell by 50% in a flash. The crash in crypto sent Bitcoin back to retest its former all-time high against gold as...
They say love is blind, but the what is most blinding in Bitcoin has always been greed. But falling for someone with the same interests as you, especially someone who is equally enamored by all things crypto, is something worth keeping your eyes peeled for. A new app attempts to make it a lot easier for BTC maxis and...
Bitcoin price is trading at around $34,000, down around 50% from the peak set in early April. Since then, however, the resulting price action is just moments away from setting the record for the bloodiest second quarter in crypto history. Here's the data behind the devastating Q2 2021 candle, a closer look at the quarterly price chart,...
Coinbase Global (COIN) going public on the Nasdaq has been nothing but negative for the crypto industry. It led to the peak in Bitcoin, carnage in altcoins, and even COIN itself got crushed in the days following the debut. But now COIN is beginning to bounce, breaking out from the only downtrend resistance it has ever known, and could be...
World renowned bestselling author Richard Kiyosaki is warning of the world's biggest crash coming, and is recommending Bitcoin as one of the ways one can prepare for the worst. Here's why the Rich Dad, Poor Dad author is recommending the top cryptocurrency by market cap – and what the world's biggest crash might entail....
Bitcoin price is in a precarious position, on the ropes after a nasty selloff and on the cusp of losing support. All while this happens, MicroStrategy CEO Michael Saylor continues to buy BTC, adding to the corporation's already sizable position. While there are plenty of market participants that cheer the corporate crypto bull...
Since Black Thursday 2020, few asset classes have run as wild on a total ROI basis than Bitcoin and cryptocurrencies, as well as commodities like lumber. The rise of the assets with limited supplies is associated with post-pandemic inflation as well as an ongoing supply crunch due to shutdowns. However, both lumber futures and...
Bitcoin price is still stuck in the mid-$30,000 range for weeks now, unable to break any lower or make an attempt to reclaim highs. After such a drastic 50% move down, the market is shaken and waiting for confirmation of direction before volume returns. Currently, the top cryptocurrency by market cap is at...
This week's Fed meeting has been viewed hawkishly by the broader market, and asset prices reacted negatively to the plan to begin to raise interest rates come 2023. Bitcoin fell slightly putting a recovery in crypto on hold, while major stock market indices tumbled on the news....
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