Tag Archives: btcusd

We have now entered into Bitcoin’s worst month in terms of historical performance. On average, the leading crypto crashes 14% during the month of August.That being said, BTC price action appears to be falling in a bullish reversal pattern that suggests a spike to $12,000. And this could happen very soon. The mentioned pattern is formed from Whale trader manipulation designed to shake out weak hands, before the price quickly retraces back to its former high.Let’s look into it in more...

The latest twist regarding the notorious Twitter hack from July indicated that the 17-year old alleged mastermind of the entire operation owns over $3 million worth of Bitcoin. Graham Ivan Clark faces 30 criminal charges, and his bail was set at $725,000.Twitter Hacker Owns $3.3M Worth Of BTCAs CryptoPotato reported in mid-July, unknown perpetrators gained access to numerous accounts of famous individuals and companies on the social media giant Twitter.Although they initially targeted popular...

Green dominates most of the cryptocurrency market with some impressive gains from Ripple, Tezos, and Chainlink as LINK even marked a fresh all-time high. Bitcoin’s unsuccessful attempt to conquer $11,500 has pushed the asset down to $11,300Altcoins Rejoice, LINK ATHSpeculations for а revived altcoin season emerged today as the majority of alts have increased their value in the past 24 hours. The second-largest cryptocurrency market continued its impressive 2020 summer with another 2%...

The price of Bitcoin reached a yearly high of above $12,000 yesterday, but it retraced heavily moments after. According to recent data, the correction was overdue since the number of daily active BTC addresses fell behind the price.Bitcoin’s DAA Impact The PriceDaily active addresses (DAA) provide a general idea of how many users utilize the network of a specific coin. According to a study compiled earlier this year, the number of DAA displayed a somewhat positive correlation with the price...

Although history is not a precise indicator for future price developments, a popular cryptocurrency analyst made a compelling forecast showing that if Bitcoin repeats its 2016-2017 bull run with the same percentage increases, it will end up at $430,000 in 2021.Bitcoin At $430,000?The primary cryptocurrency has built a reputation for beating unfavorable odds in the past. Its volatility is well-known among investors with some historical price surges and drops. According to the popular...

Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again.A Breath Of Stability For BitcoinThe weekend was nothing short than volatile for the primary cryptocurrency. On Saturday, Bitcoin went on a bull run and marked a new yearly high of above $11,700. Although it retraced...

The last 24 hours have been nothing but volatile when it comes to Bitcoin’s price. The cryptocurrency went on a rollercoaster, surging above $12,000, dropping to $10,490, going back up and back down. In short – it’s been a wild few hours.Most interestingly, however, a user’s algorithm “went ballistic,” according to Changpeng Zhao, seemingly sending the price for the BTC/USD Quarterly Contract on Binance to $100,000.Bitcoin’s Price Going CrazyTo an outsider, the last few hours might seem like...

The past ten days, which were the last days of July, were a blessing for the price of Bitcoin.Right after breaking out above the blue-marked trend line at $9200 on July 21st, Bitcoin started to fire its engines, and yesterday – following ten magic days – BTC price recorded a fresh 2020 high above $12,100. An incredible 31% increase.And then it came: Immediately after recording the new high, we got the first significant correction since the 2020 parabolic run had started. And what a correction...

The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now.Bitcoin’s New 2020 Top And DropAugust doesn’t look anything like July for the primary cryptocurrency so far. While July began with slow and dull price movements, Bitcoin has taken August for a...

Bitcoin shows no signs of slowing down. After painting a fresh high for 2020, the cryptocurrency continued to push, reaching $11,745 on Binance.In any case, BTC is not the only cryptocurrency that’s ripping this week. Ethereum (ETH) is also making tides on its own.Bitcoin’s Highest Monthly Close Since Dec 2017There’s currently no doubt that the bulls are back, and Bitcoin’s price is feeling their presence. As CryptoPotato reported earlier today, the state of the market is currently parabolic,...