Bitcoin Price Analysis – $8.5K Now in Sight to End Bear Market

Bitcoin price broke out of a bottom consolidation overnight, jumping 11%, reclaiming the $8k handle ahead of the weekly close.  We take a look at the price action as we head towards the weekly close. Bitcoin Price: 4-Hour Chart The 4-hour chart shows that bitcoin price 00 broke from $7,247 to $7,980 in one hourly […]

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Crypto Markets Surge $18 Billion as Bitcoin Heads Back Towards $8,000

The majority of BTC traders and investors were secretly hoping that Bitcoin price would correct all the way back down to $6k or lower. This would provide ample opportunity to accumulate for a bigger bull run later this year. Their hopes have been dashed this Sunday morning as Bitcoin surged again during Asian trading. Bitcoin […]

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Bitcoin is Front Running Stock to Flow Price Model at $7300

Despite dropping by about $1,000, Bitcoin is still way ahead of even some of the most optimistic price projections and detailed price forecast models. Here is a look at how Friday’s ‘flash crash’ hasn’t derailed Bitcoin in the long term. Current Bitcoin Price Still Leads $1 Million S2F Model Tweeting on Saturday (May 18, 2019) […]

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Bitfinex Announces Token Distribution After $1 Billion Private Investment

Crypto-exchange Bitfinex continues to move on from last month’s Tether cover-up accusations, announcing the distribution of its new utility token. Parent iFinex, who raised $1 billion through the private offering, will list the token on the exchange from Monday. Bitfinex: Another Cryptocurrency Exchange Utility Token Well if everyone else is doing it… Binance certainly seems […]

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Bitcoin Takes a Breather, But is BTC Poised to Drop to $6,000?

Bitcoin price has leveled out following the long-awaited correction that initiated in early Asian trading on Friday. The thousand dollar drop found support above $7,000 and a new trading range has formed there for now. The big question for traders and those looking for a better entry point is; will BTC fall back to major […]

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These 12 Bitcoin Lightning Network Upgrades Solve Its ‘Biggest’ Hurdles

The Bitcoin Lightning Network will overcome some of its “biggest hurdles to use” in the near future as new features roll out from developers. From Experiment To Bitcoin Killer App That was according to Guy Swann, the presenter of the Cryptoconomy podcast, who this week dedicated two episodes to introducing Lightning and analyzing its upcoming […]

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Venezuela and Russia May Switch to Ruble After Trying ‘Petro’ Cryptocurrency –

Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed.   Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be […]

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Bitcoin Correction Will Spawn New Parabola, Says Trader Peter Brand

Bitcoin price took a surprising tumble after some inexplicable kerfluffle at BitMEX and traders are now wondering if the current rally has been compromised. Strong Correction Breaks Bitcoin’s Parabolic Advance Yesterday’s massive liquidation at BitMEX has the entire crypto-world up in arms and concerns about broken parabolas, fat fingers, wonky algos, and outright manipulation are […]

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Bitcoin ETF Approval Rumors Fly as ETF Event Welcomes ‘Crypto Mom’

A major speech from pro-Bitcoin SEC commissioner, Hester Peirce, coincides with the deadline for the ruling on the VanEck Bitcoin-ETF. This has led to speculation that the scheduling is deliberate enabling Peirce to deliver a positive announcement of SEC’s approval. Bitcoin ETF: If The Stars Align In Just The Right Way… Okay, now bear with me. […]

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