Tag: xbt

Sep 12 2021

Comparing Bitcoin Blockchain Data Size To Today’s Hottest Tech

Sep 12 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Sep 06 2021

El Salvador Buys 200 BTC, Vows To Buy More As Bitcoin Becomes Law

Sep 06 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Sep 03 2021

This Perspective Shows What The Last Leg Up In Bitcoin Looks Like

Sep 03 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Sep 01 2021

How Bitcoin Bulls Can Make September A Month To Remember

Sep 01 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Aug 26 2021

TurboXBT Review: Supercharging your Trading Profits

Aug 26 2021 Published at UseTheBitcoin under tags  guides turbo turboxbt xbt

We have all searched for and tested several trading platforms, bots and strategies in the cryptocurrency market. They help us process trades, earn profits and, if we have […]

Aug 25 2021

Bitcoin Mid-Cycle Pullback Resembles 1970s Gold Bullion Rull Run

Aug 25 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Aug 23 2021

Elliott Wave Expert Sees “Greater Price Appreciation Unfolding” In Bitcoin

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...

Aug 09 2021

Gold Fractal Bodes Well For Bitcoin If Bull Flag Confirms

Aug 09 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Jul 29 2021

Gold Versus Bitcoin Chart Makes It Seem Like Bull Run Has Barely Begun

Jul 29 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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,...

Jul 08 2021

Astro Crypto: How Solar Cycles Could Influence Bitcoin, VIX, & The Stock Market

Jul 08 2021 Published at Bitcoinist.com under tags  astro crypto astrology bitcoin btc btcusd

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...

Jul 07 2021

Why Ethereum Is More Bullish Than Bitcoin, But A “Flippening” Is Unlikely

Jul 07 2021 Published at Bitcoinist.com under tags  altcoins bitcoin btc btcusd btcusdt

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...

Jul 06 2021

Digital Versus Physical: Bitcoin Retests Former ATH Against Gold

Jul 06 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Jul 01 2021

Why Bitcoin And Blind Dating Don’t Mix

Jul 01 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Jun 30 2021

Bitcoin Price Sets Record For Bloodiest Q2 In Crypto History

Jun 30 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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,...

Jun 29 2021

Is The Coinbase Global (COIN) Recovery Boosting Bitcoin And Altcoins?

Jun 29 2021 Published at Bitcoinist.com under tags  altcoins bitcoin btc btcusd btcusdt

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...

Jun 28 2021

Buy Bitcoin: Rich Dad, Poor Dad Warns Of “Worlds Biggest Crash”

Jun 28 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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....

Jun 22 2021

Why Michael Saylor And MicroStrategy Are The Biggest Risk To Bitcoin

Jun 22 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Jun 21 2021

Falling Lumber Prices, Inflation, And The Impact On Bitcoin As Digital Gold

Jun 21 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Jun 18 2021

Bitcoin Top And Bottom Metric Reaches Historically Oversold Level

Jun 18 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

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...

Jun 17 2021

The Bitcoinist Macro Report: Dollar Disrupts, Gold Melts Down, & Sideways Bitcoin

Jun 17 2021 Published at Bitcoinist.com under tags  altcoins bitcoin btc btcusd btcusdt

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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