Bitcoin price turns to test lower support levels as $50K stays out of reach

Bitcoin (BTC) continued to range below $50,000 on Aug. 31, the final day of the month, as analysts demanded higher levels in order to continue the bull run. BTC/USD 1-hour candle chart... Read more »

Why a $50K-retest is likely ahead of Friday’s US jobs data

The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological... Read more »

BTC price slips under $46K but analysts are betting on new Bitcoin all-time highs

Bitcoin (BTC) saw lows of under $45,600 on Aug. 15 as a second instalment of its resistance rejection played out.  BTC/USD 1-hour price chart (Bitstamp). Source: TradingView Analysts eye BTC attack on... Read more »

Bitcoin sellers in ‘disbelief’ or BTC price wouldn’t still be at $41K — Analyst

Bitcoin (BTC) closed July above $41,000 in a “bullish engulfing” candle that dramatically upends its previous downtrend. In a tweet on Aug. 1, investor and entrepreneur Alistair Milne joined many celebrating a... Read more »

Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy

Bank of America, one of the nation’s largest financial institutions based on total assets, believes El Salvador could have a lot to gain with its latest foray into Bitcoin (BTC). In a... Read more »

Bitcoin’s terminal value is really $700,000: crypto investor

One early bitcoin (BTC-USD) investor has crunched the numbers on the crypto, and thinks it’s looking mighty undervalued at the moment.  “We did a study showing the number of people using bitcoin... Read more »

$13K Bitcoin price predictions emerge with BTC falling below historic trendline

Bitcoin (BTC) prices broke below a long-standing support wave that was instrumental in keeping its strong bullish bias intact after March 2020’s crypto market crash. Dubbed the 50-week simple moving average, or... Read more »

Bitcoin dips below $33K as shorts spike, trader warns of ‘violent’ BTC price squeeze

Bitcoin (BTC) fell back below $33,000 support on July 12 as a familiar cocktail of low volumes and mounting shorts pressured price action.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorters fail... Read more »

Great buy? Bitcoin trades at record 59% below stock-to-flow BTC price model target

Bitcoin (BTC) has never been as far below its target price as it is now, the stock-to-flow model shows this week. In a tweet on July 10, Lex Moskovski, chief investment officer... Read more »

Bitcoin fractal setup from 2019 hints BTC price can rebound back to $50K

Bitcoin (BTC) faces the prospects of reaching $47,500-$50,000 based on its current trend’s eerie similarity with the one in June through December 2019. 2019 Bitcoin fractal In detail, Bitcoin topped out around... Read more »