Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns

The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving. However, […]

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Bitcoin Pulls Away From Stock Market as Price Staying Above $8,000 Signals Strength – Bloomberg Analyst

Bitcoin Pulls Away From Stock Market as Price Staying Above $8,000 Signals Strength - Bloomberg AnalystBitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone. In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength. “Bitcoin is showing divergent strength versus the wobbly stock […]

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Bitcoin Dips To Its Lowest Level This Year, Ether, XRP, EOS Shed 15 Percent

NulltX Bitcoin Price 6800

It’s been a bearish year for the cryptocurrency industry, but today marks a new low for the king of cryptos. Bitcoin shed over 12 percent to hit its lowest level since October last year, with other cryptos following suit. In what has been a day to forget for the industry, Ethereum, Ripple, Stellar and EOS […]

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Bitcoin Price Watch: Currency Drops Again, but Volatility Remains Low

At press time, the father of cryptocurrency has dropped by roughly $100 since our last price piece and is now trading for just over $6,200. The currency has been trapped in a serious slump for several weeks, where the trading range appears locked between $6,200 and $6,300. Some analysts – like Victor Dergunov – are […]

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Bitcoin Price Flirting With The Devil at $6666

The father of crypto is flirting with the devil, trading at $6666 at press time. After days or even weeks of bitcoin hovering at around $6,500 and traveling in a sideways motion, many analysts predicted that a sudden rise like this wasn’t in bitcoin’s immediate future. However, it seems the currency has learned to surprise […]

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