Historical Bitcoin Price Trends Are Traditionally Bearish in September, While BTC Market Revivals Follow in October

Historical Bitcoin Price Trends Are Traditionally Bearish in September, While BTC Market Revivals Follow in OctoberHalf of September has passed and bitcoin traders are curious about where the price is headed next, as September is traditionally a bearish month for crypto prices. Furthermore, October is known to be a bullish month as bitcoin has been profitable in October more than 77% of the time. Data shows the leading crypto asset’s […]

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October’s Historical Bitcoin Price Trend Extends Hope for a Renewed Bull Run to End the Year

October's Historical Bitcoin Price Trends Extends Hope for a Renewed Bull Run to End the YearBitcoin logged price losses once again for the crypto asset’s fifth consecutive September in its lifetime, but as soon as the month ended, billions of dollars came back into the crypto economy. Metrics show that while September has consistently been a bad month for bitcoin, October, on the other hand, has traditionally been a good […]

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Can Bitcoin Break Historical September Price Trends? Spike Above $51K Suggests 2021’s 9th Month Is Different

Can Bitcoin Break Historical September Price Trends? Spike Above $51K Suggests 2021's 9th Month Is DifferentThe price of bitcoin has risen above the $51K zone on Sunday and traders and speculators are curious as to where the price is headed next. Historically, in September, bitcoin prices don’t fare so well and usually get better in October. For this reason, skeptics are not sure if bitcoin’s price will continue to be […]

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‘Buy Bitcoin’ Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell 83% As Coronavirus Fears Heighten

'Buy Bitcoin' Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell As Coronavirus Fears HeightenExchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy bitcoin. During the week of the crypto market massacre that started on March 12, Coinbase broke traffic records and witnessed considerable trade volumes. Similarly, the trading platform Kraken saw an 83% increase in […]

The post ‘Buy Bitcoin’ Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell 83% As Coronavirus Fears Heighten appeared first on Bitcoin News.

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Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter

Statistics Show Bitcoin Cash Is a Strong Contender After the Crypto WinterOver the last few weeks, bitcoin cash (BCH) and the network itself have been shining brightly after a year of bearish sentiment and the blockchain split last November. Most notably, this month BCH has shown a significant increase in daily transactions, the price has doubled, and today the network has produced the second highest value […]

The post Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter appeared first on Bitcoin News.

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Bitcoin Markets Steady for Another Gox Dump, 16,000 Coins Moved by Trustee

Bitcoin Markets Steady for Another Gox Dump, 16,000 Coins Moved by TrusteeLast time, analysts blamed Mt. Gox and its bankruptcy trustee for pushing hordes of bitcoin onto an already fragile market, crushing its price. Keen monitors of the notorious insolvent exchange’s wallets showed how 16,000 BTC, along with its equivalent in bitcoin cash, were moved, sparking concern the broader market could once again be impacted. Also read: […]

The post Bitcoin Markets Steady for Another Gox Dump, 16,000 Coins Moved by Trustee appeared first on Bitcoin News.

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