BITCOIN

Op-Ed: Bitcoin Price Hits 2018 Low – It's Time to Buy the Dip

Op-Ed: Bitcoin Price Hits 2018 Low – It's Time to Buy the Dip

Twitter Facebook LinkedIn From a historical perspective, the most profitable strategy in Bitcoin has been “buying the dip.” This means that when the price drops notably, one purchases some coin, holds it, and later on when the price rebounds, sells it. The Bitcoin price has historically walked its way up the market capitalization stairs, having […]

Bitcoin skid continues, hits 13-month low

Bitcoin skid continues, hits 13-month low

Bitcoin prices are continuing to move lower on Monday as the downbeat sentiment in the digital asset community persists. Coming off a week that saw the world’s largest digital currency plummet through $6,000, bitcoin prices have shed another 5% on Monday, with a single bitcoin […]

Bitcoin (BTC) Price Analysis: Correction or Continuation Next?

Bitcoin (BTC) Price Analysis: Correction or Continuation Next?

Bitcoin is testing the bottom of its descending channel seen on the 4-hour time frame and looks due for a bounce. However, this might merely spur a correction to the area of interest that lines up with the channel top around $6,200. Applying the Fibonacci retracement tool shows that the 61.8% level is closest to […]

Crypto Markets See Flush of Green as Bitcoin Moves Closer to $5600

Crypto Markets See Flush of Green as Bitcoin Moves Closer to $5600

Sunday, Nov. 18: after a tumultuous week, the crypto markets are today signalling recovery, with most of the top ten cryptocurrencies seeing healthy growth of within a 1 to 7 percent range, and the vast majority of the top 100 crypto assets by market cap in the green, as data from Coin360 shows. Market visualization […]

Bitcoin Price Weekly Analysis: Sell Rallies In BTC/USD Near $5880

Bitcoin Price Weekly Analysis: Sell Rallies In BTC/USD Near $5880

Key Points Bitcoin price declined heavily and traded close to the $5,200 support level against the US Dollar. There is a short term consolidation pattern formed with resistance at $5,550 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher towards $5,750 or $5,880, but upsides are likely […]

Crypto's Too Expensive? Binance Sent $600 Million in Bitcoin for Just $7

Crypto's Too Expensive? Binance Sent $600 Million in Bitcoin for Just $7

Twitter Facebook LinkedIn Crypto exchange Binance has been moving bitcoin funds to cold storage the past couple of days, and, of course, such large transfers don’t go unnoticed. Two transactions destined for Binance’s cold wallet come to the fore and demonstrate both the power and irony of the blockchain. A transaction in block 550211 was a […]

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