Current Bitcoin Price Action Like That of Pre-2017 Mania, Says Analyst

Popular on-chain technical analyst Willy Woo believes that Bitcoin is currently in the early phases of another huge bull market. He appeared on former Wall Streeter and Bitcoin proponent Tone Vays’s YouTube channel earlier today to discuss the market. In addition to Bitcoin price action resembling that of the period just before the run that […]

Crypto Analyst: Bitcoin Price Boredom Ends With Break of $9K or $12K

Bitcoin price action has gone stagnant, causing volatility to disappear, and turning trader’s attention to toward altcoins like Ethereum and Ripple which are finally having some time in the limelight. But for the leading cryptocurrency by market cap to become interesting again, one crypto analyst says that Bitcoin price will need to either break above […]

Bitcoin Is a Hedge Against Gov’t ‘Fiscal Irresponsibility’ — Analyst

“Crypto has been created for such a time as this,” says Point72 veteran Travis Kling Source link

Analyst Says More People Will Buy Bitcoin as Equity Markets Climb

Bitcoin’s price action has grown stagnate in the lower-$10,000 region over the past several days, which has proven to be a positive thing for multiple major altcoins, as they were able to post large gains yesterday with Ethereum leading the way. Now, one analyst and a prominent Bitcoin bull is explaining that he believes BTC […]

Analyst: Friday the 13th Daily Close Could Set Future Bitcoin Price Trend

Each and every daily close on Bitcoin price charts is important, as the price level where the candle closes and even the shape of the candle can help crypto analysts predict future movements and trend changes. Today’s daily close one crypto analyst says is exceptionally important, and will likely choose the trend direction in the […]

Bitcoin’s Next Bull Run May Be Sparked By S&P 500 Uptrend, Claims Analyst

Bitcoin (BTC) has been facing a long bout of consolidation ever since it was rejected at its 2019 highs of $13,800 earlier this summer. Simultaneously, the equities markets have also faced a period of consolidation throughout 2019, after trade tensions and global political instability slowed the market’s meteoric ascent. It is important to note that […]

Prominent Analyst: Bitcoin May Have Established Mid-Term Bottom

Bitcoin has incurred some upwards momentum today after facing growing selling pressure around $10,000. BTC’s ability to hold above this price level may be a bullish sign, as it signals that bears do not currently have enough strength to send the crypto back to its next major support level in the lower-$9,000 region. This bullish […]

Trump’s Calls for Negative Interests Rates May Benefit Bitcoin, Says Analyst

The President of the United States has once again called on the Federal Reserve to significantly lower interest rates. For Dan Tapiero, of DTAP Capital, such a “debasement of the dollar” would benefit Bitcoin and other hard, store-of-value assets. Tapiero believes that Trump hopes to drive economic activity by effectively charging customers to hold money […]

Bitcoin Price $10K Deadlock May Be ‘Shakeout’ Before New Highs: Analyst

Bitcoin price $10K correction scenario playing out as predicted Source link

Macroeconomic Analyst Predicts Bitcoin Below $8,000

The bitcoin price could creep below the $8,000 level soon, according to Mati Greenspan of eToro. The senior market analyst said in a tweet today that bitcoin is looking to test its 200-daily moving average, which reflects the benchmark cryptocurrency’s average closing price average over the previous 200 days. At the time his analogy, the […]