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The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range. […]Powered by WPeMatico
Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop to the $20K zone if there’s more pullback in the cards. Bloomberg Commodity Strategist Suggests […]Powered by WPeMatico
Digital asset markets have recaptured some of the losses taken three days ago, as a great majority of the crypto economy has started to rebound after the market rout. Bitcoin has climbed above the $18k handle once again and a myriad of crypto assets are up between 1-6% during the last 24 hours. After dropping […]
The post Market Update: Bull Trap Warnings After Bitcoin Shoots Above $18k Handle appeared first on Bitcoin News.
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The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during the last 24 hours touching $344 billion. Bitcoin (BTC) markets have surpassed key levels above the $11k mark on Saturday, […]
The post Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains appeared first on Bitcoin News.
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This past weekend, data shows the most active bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end. This means a number of options traders are betting the price of bitcoin will exceed the all-time high (ATH) the decentralized currency touched in December 2017. On September 14, researchers from the data […]
The post Bitcoin Options Traders Bet the Price of BTC Can Touch $36K by December appeared first on Bitcoin News.
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Cryptocurrencies have gained significant value over the last few weeks and it’s causing exuberance among digital currency proponents. Now a number of traders and influencers believe bitcoin and other coins are in bullish territory. Despite the surge to $13K last July and the deep pullback that followed, BTC investors and influencers have no issue believing […]
The post $10K Bitcoin Prompts Influencers to Call a Bull Market appeared first on Bitcoin News.
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The BitOrb Exchange has successfully secured its funding round, raising a total of USD 6.4m. The round was led by the W-Rex Algo Trading Platform a product of the Wota Group.Additionally, the Wota Group will act as a strategic partner and help the BitOrb Exchange grow its network of traders, user acquisition and advise on other key strategic decisions.
The post BitOrb Exchange Raises $6.4 Million appeared first on Bitcoin News.
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Cryptocurrency prices have improved a great deal over the last seven days and many digital assets saw a significant spike in value on April 2. The entire market capitalization of all 2,000-odd coins is steadily approaching $200 billion. The market forerunner so far is bitcoin cash (BCH), which is up well over 45% in the […]
The post Markets Update: Bitcoin Cash Rockets Forward Leading the Crypto Bull Rally appeared first on Bitcoin News.
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The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this writing, ripple (XRP) has again overtaken ethereum (ETH) […]
The post Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline appeared first on Bitcoin News.
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It has become apparent the year 2018 may not necessarily end on a high for most cryptocurrencies. As Bitcoin and top altcoins continue to trend lower virtually every other day, the rest of this year will not be overly pleasant to watch either. The following three short-term EOS price prediction charts confirm things can easily […]
The post 3 Short-term EOS Price Predictions – 2018 Week 47 Edition appeared first on NullTX.
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