Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the […]

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Earnings Season: Traders Shift From Cooling Crypto Market to Volatile Stocks

Cryptocurrency markets are seeing further stability this week amid Q4 earnings season. The continuing trend is now even making industry businesses adjust their focus to keep customers interest high. Crypto No Q4 Wild Card While some assets have shown more volatility than others, the picture from within the top ten cryptoassets by market cap remains […]

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Bitcoin Futures Volatility Reaches Lowest-Ever Level

With the continued sideways trading of Bitcoin, the volatility of its futures trading recently reached its lowest level. Presently, the cryptocurrency market, in general, shows more stability than the traditional asset marketplace. Decline Bitcoin Futures Volatility According to Kevin Davitt of Cboe Global Markets, the volatility of Bitcoin (BTC) 00 futures continues to narrow. Commenting […]

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Institutional Traders Haven’t Rescued Crypto Yet

Throughout 2018’s price slump, investors in digital assets hoped for an influx of institutional investors to rescue crypto prices. Retail investors pinning their hopes on large investors breaking digital assets out of their price slump are beginning to make peace with an uncomfortable fact — the institutional investors are already here. Hedge funds and proprietary trading […]

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Bitcoin Price Analysis: Picking Up the Pieces

Let’s be honest, unless you’re short, yesterday was catastrophic. Bitcoin was just shy of breaking $7,500 and taking the rally up another leg then unexpectedly plunged 13% and now we’re below $7k, again… Bitcoin Price Market Overview Prior to the dump, Bitcoin price BTC/USD 00 was experiencing continued rejections as it approached $7,400 but who […]

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Bitcoin Price Analysis: Bull Breakout or Bearish Reversal?

Bitcoin is working hard to overtake the $7,300 mark. However, the holding aspect that has proven problematic. Bitcoin Price Market Overview Bitcoin continues to reject at $7,300 even though it has staged a few inspiring pops above the $7,300 resistance. After a nearly 27% gain over the past two weeks, cooling off and consolidation isare […]

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BTC Price Analysis: Here’s a Little More Confirmation

Bitcoin continues to provide its followers with pleasant surprises, and today’s move above the $7,100 resistance could open the door for gains to $7,500.  Bitcoin Price Market Overview This morning Bitcoin traders were greeted with a pleasant weekend surprise… No, not that type of surprise. Well, at least not for us at Bitcoinist as we are furiously […]

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Venezuela Shatters Bitcoin Trading Records With 500,000,000 Bolivars Per Week

Trading between Bitcoin and the Venezuelan Bolivar (VES) has beaten all records to pass 500 million for the first time last week. 7 Days, Half A Billion Bolivars Data from Coin Dance, which tracks volumes on P2P platform Localbitcoins, confirms that the seven days ending August 25 saw BTC/VES achieve volumes never seen before. The […]

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