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Technicals Lean Bullish as Massive Bitcoin Price Move Brews

Bitcoin (BTC) is about to see a massive bout of volatility, according to a long-term technical indicator. Sure, the leading cryptocurrency spiked by 42% two weeks back, surging from $7,300 to $10,500 seemingly on the news that China’s President was calling for the formal adoption…

Bakkt Sets New Volume Record After Bitcoin Price Tanks 6%

Bitcoin (BTC) hasn’t been doing too hot over the past 24 hours. As of the time of writing this piece, the cryptocurrency is down some 5% on the day — falling from yesterday’s peak of $9,250 to $8,700 — having lost the key $9,000 support…

Ethereum Enters Buy Zone as Analysts Expect ETH Price Boom

Ethereum (ETH) hasn’t done too hot over recent months. Ever since Bitcoin (BTC) started rallying earlier this year, altcoins across the board have suffered, falling against the market leader. However, ETH is purportedly in the thick of a buy zone. Simultaneously, a number of analysts…

Analyst: Bitcoin May See 30% Rally to $12,000 as Price Breaks Out

While there are some bearish technical signals for Bitcoin, the cryptocurrency has managed to hold the $9,000s against the odds. As of the time of writing this, BTC is changing hands for $9,250, up a mere 0.22% in the past 24 hours. According to a…

Bitcoin Price Fails to Push Higher: Analysts Now Wary of Return to Bear

Since topping at $10,500 last week, Bitcoin (BTC) has been in a relative state of calm, trading within a tight range between $9,000 and $9,500. Despite this consolidation above the 200-day moving average, which many analysts would call more bullish than bearish, some fear that…

Bitcoin Monthly Candle to Close Around $9,300: Bullish or Bearish?

In the next few hours, Bitcoin will see its monthly candle for October close. As the cryptocurrency has been subject to immense volatility over recent weeks, this close will be immensely important for Bitcoin’s directionality for the next few months. Related Reading: Bitcoin Holds Above…