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Bitcoin Still the Big Election Winner, BTC/USD Fresh ATH as 100k Nears

The headlines around Bitcoin are already talking about the 100k level but first, bulls need to push above and gain acceptance at the 95k level.

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November 20, 2024 10:06 AM

Bitcoin Blasts Off, FOMO Drive Takes out 90k and Runs Towards 100

Bitcoin is the big winner from the election of US President Donald Trump and with a crypto-friendly administration set to take over, FOMO has driven a massive breakout in BTC/USD.

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Bitcoin the Big Winner, USD and Stocks Surge on Trump Victory

Markets are making big moves on the back of Trump’s win and if House results confirm a Republican supermajority, there could be drive for even further highs in stocks and Bitcoin. The US Dollar, however…

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Bitcoin_100USD

A bullish setup for the bitcoin hodlers out there

Look at bitcoin’s latest weekly candle. Yes, it’s incomplete, but what a turnaround from where we were on Monday. As of the time of writing, it’s a big bullish pin. Unless we see a major reversal today, that’s a strong signal we may see further upside ahead.

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August 8, 2024 09:03 PM

Bitcoin’s forecast: BTC rebound seems unconvincing

Momentum may have turned higher for bitcoin this week, yet it lacks the trading volumes usually associated with a strong rally.

Bitcoin forecast: ATH within easy reach, but $60k remains in sight

Bitcoin trades less than a day's range away from its all-time high. But whilst a break higher could be on the cards, we're wary that it could be a 'last hurrah' before its move to $60k.

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Bitcoin forecast: BTC could retest $70k before its next leg lower

Bitcoin saw the anticipated bounce above $60k on Wednesday, and there may still be some juice in the bullish tank for another crack at $70k - even if my bias for the weekly chart remains bearish further out.

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Bitcoin falters at $70k yet again, volatility could be set to remain

Bitcoin has once again broken above $70k before a sharp reversal. The question is whether it will result in a eye-watering bear market like it has in the past.

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U.S. Dollar Price Action Webinar: DXY, Gold, Bitcoin, FX Majors

The U.S. Dollar set another fresh high yesterday, extending the bullish structure that’s priced in so far this year.

Bitcoin hits $25K key resistance

Crypto assets have remained supported despite firmer dollar and bond yields being

Crypto carnage: What’s behind latest drop?

It looks likes the latest sell-off in crypto has been triggered by a 30% drop in FIT coin.

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November 8, 2022 07:32 AM

Bitcoin breaks out

The pressure was building for Bitcoin to break above the technically-important $4200 level over the past several weeks and today it finally gave way.

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April 2, 2019 12:02 AM

Whither Bitcoin? A Review of Past Cycles for the World’s Oldest Cryptocurrency

“I think it’s essential to remember that just about everything is cyclical. There’s little I’m certain of, but these things are true: Cycles always prevail eventually. Nothing goes in one direction forever. Trees don’t grow to the sky. Few things go to zero. And there’s little that’s as dangerous for investor health as insistence on extrapolating today’s events into the future.” - Howard Marks, billionaire investor

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November 29, 2018 04:07 AM

The State of Bitcoin and the Cryptoasset Market, Q3 2018

It’s been less than nine months since traders flipped their calendars to 2018, but cryptoasset bulls have aged years (if not decades!) since the holiday season’s euphoria.

Bitcoin extends rebound

Bitcoin has risen further higher today, climbing for a time above $8350 – its best level since May 21.

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July 24, 2018 07:21 AM

Can Bitcoin sustain its rally?

It doesn’t feel like it but Bitcoin has risen nearly 30% from its lowest point in June.

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July 18, 2018 07:39 AM

Bitcoin drops to lowest since February

The price of Bitcoin has fallen below $6500 to reach its lowest level since February 6. That was a day when it found significant support from around the $6000 mark which led to an eventual recovery to almost $12000 later on in the month. But it doesn’t feel like such a sudden rally will be on the cards again this time.

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June 13, 2018 03:46 AM

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Can Bitcoin sustain rally?

All of sudden on Thursday at around 11:00 BST digital currencies came back to life after spending several days in tight consolidative ranges.

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April 13, 2018 03:09 AM

Could Bitcoin’s trend break precede sizeable rally?

Over the past several weeks, prices have stabilised across the board as fears over the clampdown on crypto exchanges abated.

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March 5, 2018 06:14 AM

Bitcoin recovery continues

The crypto carnage that started at the end of last year may have ended at start of February. In recent weeks, prices have stabilised across the board as fears over the clampdown on crypto exchanges abated.

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February 27, 2018 02:55 AM

Bitcoin extends gains

The cryptocurrency has managed to bounce back in the past few days after declining sharply.

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February 15, 2018 02:39 AM

Bitcoin unable to shrug off negative sentiment

Sentiment towards cryptocurrencies is turning sour with negative headlines pouring out from left, right and centre

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February 1, 2018 02:32 AM

Cryptocurrency concerns prompt Bitcoin dip below $10K

On a day when markets continued to sell-off sharply, Tuesday’s slide in cryptocurrencies, most notably Bitcoin, was no exception.