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Tag Archives: Bitcoin

Bitcoin Encounters Heavy Resistance at the $16K Level

Is bitcoin about to fall behind? This is a question that’s making its way through many analysts’ heads given that over the past several days, bitcoin has hovered in one spot.Bitcoin May Be Encountering a Few BarricadesThe currency is presently trading for around $15,365, which is in the middle of the range it’s been traversing over the past week. Many analysts believed that if bitcoin was retaining its previous momentum, it would have likely hit $16,000 by now, though that isn’t necessarily...

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Bitcoin Price Analysis: BTC Eyes More Upsides Above $16K

Bitcoin price started a strong increase above the $14,000 and $15,000 resistance levels against the US Dollar.The price is now trading well above the $15,000 support and the 55 SMA (H4).There is a key bullish trend line forming with support near $15,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but there are high chances of more upsides towards $16K.Bitcoin price is showing bullish signs above the $15,000 zone against the US...

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Square Earned a Lot of Bitcoin-Related Profit During Quarter Three

Square – a company owned and operated by Twitter mogul Jack Dorsey – says that approximately 80 percent of its quarter three Cash App revenue came from bitcoin and related crypto transactions.Square Is Making A Huge Mark on Crypto Enthusiasts EverywhereSquare has been making a serious mark in the crypto world as of late given that it recently bought as much as $50 million worth of the digital currency, continuing a trend that was originally started by the likes of enterprises like...

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Bill Miller: BTC Is the Best-Performing Asset of the Last Ten Years

Bitcoin is in the middle of one of its largest bull rallies ever, and according to analysts like Bill Miller, not only is the rally not yet done, but as long as bitcoin continues to gain ground in the financial world, it should become a mainstream asset in no time.Bill Miller Is Impressed with BitcoinBill Miller is the founder of Miller Value Partners. He recently stated that bitcoin has been the top-performing asset over the last ten years and is astonished that the currency has risen more...

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Smaller Assets Like Ethereum Are on the Rise

A very cool thing is happening as of late. While bitcoin makes another attempt at $20,000 – a figure it hasn’t seen in nearly three years – the currency’s positive vibes are rubbing off on other coins, such as Ethereum, Litecoin, Chainlink and Ripple’s XRP, all of which are up significantly up at press time.When BTC Does Well, Assets Like Ethereum Do WellMany people tend to speculate on how well assets correlate with each other. The truth is that in the world of crypto, all smaller...

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Analysts: The Recent Bitcoin Bull Behavior Is Far From Over

Bitcoin has been hitting all sorts of crazy and high numbers as of late, but according to many analysts, the bull run may just be getting started.Bitcoin Is Experiencing a Solid, Fun TimeThe world’s number one cryptocurrency by market cap is currently trading for around $15,200. That’s about $300 less than where it stood just yesterday. For the most part, however, the currency has come relatively close – closer than it has in approximately two years – to where it was at the end of 2017....

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Bitcoin IRA Establishes New Division to Teach Users About Crypto

The opportunity to learn about crypto is just as solid as the opportunity to trade and delve in it. At least this appears to be the thoughts of Bitcoin IRA, which is launching a new cryptocurrency knowledge center for those looking to get their start in the world of digital asset trading.Bitcoin IRA Is Doing All It Can to Educate PeopleBitcoin IRA is one of the only retirement firms out there that allows users to purchase digital currencies and add them to their retirement portfolios. Instead...

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Bitcoin Spikes to $15,500; Hasn’t Been This Big Since 2018

Bitcoin has done it. The currency that pretty much the entire world has grown to love and fawn over has jumped past the $15,000 mark, thereby bringing forth a prediction that many analysts thought wouldn’t come true until the end of the year.Bitcoin Has Grown to Great HeightsBitcoin is showing itself to be stronger and more resilient than ever. The currency was originally slated by several analysts and industry experts to hit the $15K mark once we were ready to say goodbye to 2020. However,...

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Wyoming Bitcoin Holder Is Heading to Congress

Is bitcoin coming to the U.S. Senate? That’s how it looks in Wyoming after the state has elected a Republican cryptocurrency holder and digital currency advocate to office. Cynthia Lummis is a crypto owner that was recently elected to the Senate to represent Wyoming. Many expect that she will now push for newfound bitcoin and crypto regulation to protect digital trading in America.Wyoming Is Growing as a Crypto HavenMany a time have bitcoin and digital currencies been brought up in...

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Bitcoin Spikes to Well Over $14,000, Highest It’s Been All Year

The price of bitcoin has shot up to $14,900, the highest it’s been in a long time. This is a nine percent spike in the price over the past two days.Bitcoin Is At Its Highest Point This YearThe jump occurs during the U.S. presidential election, which is still heavily underway. Lots of additional counting is taking place in key battleground states, while some areas – such as Arizona – despite being called earlier in the race, are now again up for grabs as gaps tighten.During all this time, both...

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