Tag Archives: Bitcoin

Bitcoin Narrowly Avoids 7 Consecutive Red Daily Candles

Bitcoin (BTC) has rallied to gain nearly 5% in as many hours, narrowly avoiding posting seven consecutive red daily candles for the sixth time ever.  The last time that BTC posted seven red daily candles in a row was heading into the start of August 2018. Continue reading Bitcoin Narrowly Avoids 7 Consecutive Red Daily Candles

Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services

The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro. Continue reading Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services

Bitcoin Is ‘The Most Extraordinary Bubble of Our Generation’ Says Trader

Bitcoin is up by almost 180% year-to-date. To some, the disbelief rally has run its course, and it is now time to short the market. While a quick short might be profitable now, one trader believes that the rally from $3,000 to almost $14,000 is nothing but a warm-up. According to an analyst, all four BTC bull runs were massive local bubbles. In his humble opinion, bitcoin is the future. Continue reading Bitcoin Is ‘The Most Extraordinary Bubble of Our Generation’ Says Trader

Want Bitcoin to Moon? You’d Better Start Buying Stocks

It seems like a lifetime ago that the Bitcoin price grazed the $20,000 mark in late 2017, and bulls have been pining for a new breakneck rally ever since. According to Fundstart Global Advisors co-founder Tom Lee, the catalyst for BTC’s march to a new all-time high could come from an unlikely place: the stock market. Continue reading Want Bitcoin to Moon? You’d Better Start Buying Stocks

Analyst Spots Trend Suggesting Incoming Monster Bitcoin Rally

Many armchair traders are so focused on the short-term price movement of bitcoin that they forget to look at the big picture. For instance, the widely-followed analyst cryptoamd is expecting the dominant cryptocurrency to dump below $10,000 and then be tapping resistance of $10,500. That’s the trader’s short-term view on the digital asset. Continue reading Analyst Spots Trend Suggesting Incoming Monster Bitcoin Rally