July 4, 2020 Bored With Bitcoin? This BTC Price Level Is Key for a Big Breakout The price of Bitcoin is consolidating below $9,300 but this isn’t necessarily bearish as a major breakout may be in the works. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been ranging between $8,600 and $10,500 since the halving.…
July 3, 2020 Price Analysis 7/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, EOS. CRO Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term. Tesla’s market capitalization has surged from about $76 billion at the start of 2020 to $224.18…
July 3, 2020 Set Your Alarms: Most Bitcoin Is Now Traded During These Hours The start of trading in New York appears to impact Bitcoin volatility much more than other stock markets. Bitcoin (BTC) traders are changing their habits in 2020 — but volatility is still dominated by the start of New York stock market trading.According…
July 3, 2020 Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull Run Level: Report An on-chain metric which has been declining since 2017 is now signaling a bullish trend, analysts from Stack Funds say. A new report analyzing on-chain activity says that Bitcoin (BTC) is now due for a bullish phase based on supply movements.Published…
July 2, 2020 All Inflation? In Bitcoin Terms, Stocks Never Recovered From Covid-19 Bitcoin and gold denominated stock market performance wipes out almost any hint of recovery since March. Bitcoin (BTC), in fact, crushed stock markets during the Covid-19 recovery with equity “growth” simply down to inflation, fresh data argues.Charts…
July 1, 2020 Price Analysis 7/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, ADA, CRO, EOS Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips. Bitcoin (BTC), gold, crude oil, and the US equity markets all rose sharply throughout the second quarter of this year.…
July 1, 2020 XRP Price Can Outperform Bitcoin in the Short Term — Here’s Why As Bitcoin's price continues to range sideways, the momentum may be shifting to XRP for the next big move. Bitcoin's (BTC) sideward price action of late has been a hunting ground where whales can easily liquidate misinformed traders on leverage trading platforms.…
July 1, 2020 Bitcoin Analyst: Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’ Zimbabwe-style mayhem is a possible outcome from a flood of cheap money hitting the global economy, warns MMCrypto. Bitcoin (BTC) supporters are watching as almost every central bank in the world lowers interest rates and the global fiat money supply skyrockets.Statistics…
July 1, 2020 Bitcoin Set for $288K Bull Run in 2020, Popular BTC Price Model Says The latest update of Bitcoin’s S2FX price model shows July is beginning exactly as required for a long-term bullish trajectory to continue. Bitcoin (BTC) may be struggling to hit $10,000, but its progress is right on track, new stock-to-flow data confirms.Adding…
July 1, 2020 Who’s Buying Bitcoin? Retail Demand Expected to Double by 2024 Halving New data shows Bitcoin accumulation by retail investors continues to surge despite the economic downturn and increasing inflows from institutional investors. The latest research from ZUBR derivatives exchange published June 29 found that participation from retail investors is increasing despite the longstanding narrative that institutional adoption would be required to propel crypto prices higher. …
June 30, 2020 Bitcoin Price Stalls Below $9.2K but Data Shows Investors Are Bullish Bitcoin price has stalled below $9,200 but on-chain data, investor sentiment, and BTC’s strong quarterly performance are bullish signals. Earlier today Cointelegraph reported that “Bitcoin (BTC) price recorded its strongest second quarter performance in history” despite a startling crash to $3,750 on March 13.…
June 30, 2020 Bullish Case for Bitcoin Grows as BTC Whale Population Tops 3-Year High On-chain data shows the total number of Bitcoin whales surpassed a 3-year high above 1,800 over the past 3 months. Recently published data from glassnode shows there are currently more than 1,800 Bitcoin (BTC) whales.…
