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Bitcoin Indicator Suggests Money Flowing Into Market: Price Bounce Incoming?

For some reason or another, bearish sentiment has swept the Bitcoin market; now, you have countless cryptocurrency investors calling for another 80% decline in the market capitalization of digital assets. Despite this harrowing sentiment,…
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Bitcoin Price’s November Close Triggers Medium-Term Sell Signals

Earlier today, NewsBTC reported that CryptoThies, a popular analyst, noted that the Chaikin Money Flow (CMF) for Bitcoin was trending positive. The CMF, an oscillating indicator that is derived from the MACD to signal market strength,…
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Party is Over: Bitcoin Slips to $7,400, Making $6,000s a Possibility Again

After hitting $6,600, Bitcoin (BTC) saw a strong price bounce, returning to $7,800 just yesterday. This marked an increase of nearly 20% from the bottom, making some convinced that the bottom is in. Though, over the past 12 hours, the…
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Bitcoin Weekly Forecast: BTC Eyeing Last Line Of Defense

This past week, bitcoin started a decent recovery wave from the $6,521 low against the US Dollar. BTC price gained pace above the $7,000 resistance area. Moreover, there was a break above the key $7,400 resistance area. Finally, the price…
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Bitcoin Pauses to Catch Its Breath After a Four-Day Run to $7,827

After the crypto market saw the Bitcoin surge over $1,200 during a four-day run that resulted in the price reaching $7,827 on November 29, Bitcoin decided to pause to catch its breath on November 30. According to CryptoCompare, at the…
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Wall Street Still Doesn’t Get What Bitcoin Might be Used For

Adam White, CEO of Bitcoin futures exchange operator Bakkt, said that “there needs to be greater utility” for Bitcoin. Nevertheless, it didn’t stop Bakkt, a subsidiary of NYSE parent Intercontinental Exchange (ICE), to promote crypto…
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Why Expiry of CME Bitcoin Futures Suggests BTC Price to Soon Pass $8,000

On Friday, the Chicago Mercantile Exchange’s cash-settled Bitcoin futures contract for the month of November was reported to have expired by a number of analysts. While these financial derivatives are cash-settled, analysis by a top…
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Perceived Bitcoin Value Outpaced Peak Crypto Bubble Mania

It’s been an interesting and confusing year for Bitcoin price, with the crypto asset bottoming out in $3,100 at levels of extreme fear and panic, then in just a few months growing 350% and once again causing talk of moonshots and Lambos…
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Bitcoin is a Clear Long After Forming Textbook Bottom, Claims Analyst

It is looking increasingly likely that Bitcoin’s recent dip to lows of $6,500 will mark a long-term bottom for the cryptocurrency, as its bulls have been able to propel its price higher and sustain their momentum, with BTC now targeting a…
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Bitcoin Price Attempts to Reclaim ‘Mega Bull Run’ Moving Average

Bitcoin price has been falling steadily for months now back into a deep downtrend, that’s putting the asset at risk of erasing all of the gains from the 2019 parabolic rally, and putting any chance of a new bull run in Bitcoin in jeopardy.…
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