Tag Archives: btcusdt

Today, BTC/USD price appears to have reached maximum consolidation between two long-standing trend lines (see daily chart below). Volatility has also continued to diminish further over the weekend, with the Bollinger bandwidth now at 0.1 on the 4-Hour chart.These two factors suggest that a major move could take place over the course of today’s trading session. But which way will Bitcoin break out?The TechnicalsOn the 4-Hour BTC/USD chart, we can see that the current price action is tracking...

Altcoins continue gaining traction, while Bitcoin remains calm. This decreases BTC’s dominance over the cryptocurrency market down to 62%, which is the lowest point in five months.Altcoin Market Rises To The OccasionThe past 24 hours come as another example that the altcoin market is fluctuating massively lately. This is especially evident among lower-cap alternative coins. Today’s leader is Terra (LUNA), with a surge of nearly 40% towards $0.37.Band Protocol is next after going up by 32% and...

Clark Moody, the creator of the first real-time Bitcoin market data website, recently recollected the BTC market’s history over the last ten years. He pointed out that if the first BTC buyer held onto their holdings, they would have made a humongous 18.4 million percent return on his investment.It’s also worth pointing out, though, the overall influence that Mt. Gox as a Bitcoin exchange had on the overall development of the market.Unimaginable Bitcoin ReturnsIn a blog post titled: Ten Years...

The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150.However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe.Twitter Hack And BitcoinAfter the blatant Twitter hack earlier this week, the situation around the social media giant continues to unfold daily. The FBI initiated an extensive investigation, and now recent reports...

Australia-based Jiu-Jitsu champion Craig Jones said he was one of the many who missed their chance to cash in their purchased Bitcoin after the 2017 ATH. The professional fighter had bought his crypto assets in 2015 but apparently lost the advantage of the all-time high value after mislaying his coins.Losing His Bitcoin In a Trivial WayJones is a former International Brazilian Jiu-Jitsu Federation World No-Gi Champion and two-time Abu Dhabi Combat Club Trials champion.According to a recent...

Although the Twitter hack had some delayed effects on Bitcoin, the downward move was quickly disbanded, and BTC remained relatively calm.The altcoin market is again showing signs of volatility with numerous examples of double-digit gainers and losers, including Elon Musk’s favorite Dogecoin.Bitcoin Chills On FridayThe largest cryptocurrency by market cap has been stalled in a tight range from $9,000 to $9,300 for over a week now. The events that transpired a few days ago, namely the infamous...

During the past seven days, Bitcoin failed to surprise us with anything in terms of price action. It appears that the cryptocurrency continues with its somewhat dormant state as it remained stagnant and rangebound between $9,000 and $9,200.Yesterday, BTC’s price dropped from slightly above $9,200 to around $9,040, sparking worries that things might take a turn for the worst. However, the price has since rebounded, and it’s once again consolidating around $9,150.What Bitcoin lacked in price...

BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...

Wednesday, July 15th, 2020, will forever be remembered as the day Twiter became a puppet in the hands of a mischievous hacker.Twitter was hacked. And the accounts of some of the most prominent people in crypto and the world were compromised and used to steal Bitcoin in giveaway scams.Experts Share Their OpinionsAlthough the micro-blogging platform has regained control and is currently investigating the matter, industry experts are still sharing their thoughts and opinions about the...

Bitcoin is looking a bit worse for wear right now.Bearish traders have finally succeeded in overcoming the long-standing up-trending support (yellow line) that was first established on May 11, and we now have three red candles in a row on the daily BTC/USD chart for the first time since late June.During today’s trading session, we can see that bullish traders are now fighting desperately to keep the $9,100 level in play. However, the up-trending support is currently acting as a strong...