NYMEX Trader Predicts BTC to move back to $7,000 and Consolidate Soon

With Bitcoin currently on the slide, losing $14 billion off the total cryptocurrency market cap, a  cryptocurrency trader at the New York Mercantile Exchange (NYMEX) said that Bitcoin will likely move back to $7,000 and consolidate soon. Anthony Grisanti of NYMEX has predicted that Bitcoin’s price will soon be heading back towards the $7,000 range after spiking towards $8,300 in […]

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Will Bitcoin Follow Fibonacci And Correct Back to $4,300?

There is no denying that Bitcoin has had an epic bull runover the weekend. It has rallied to new highs not seen for nine months andsurged through several levels of resistance. Analysts are now expecting a pullbackbut how low will BTC go this time around? Thousand Dollar Bitcoin Weekend Bitcoin had its first thousand dollar weekend since 2017according to Bloomberg.After […]

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Bitcoin’s [BTC] market dominance back at ~55% as transactions cross 50,000 for first time since April 2018

Bitcoin [BTC], the world’s largest cryptocurrency, found resurgence earlier this month after a sudden surge pushed the king coin’s valuation above the $5,000 mark, before crossing $5,300 shortly after. The collective market followed its pace and climbed to short-term highs after breaking their respective immediate resistances, leading many crypto-enthusiasts to mark the event as the end of crypto winter. Following […]

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Bitcoin (BTC) Rolling Back Losses, Bulls Stand a Chance As Sentiment Change

After another Tether (USDT) related scandal triggering amini-crash, Brian Kelly, the CEO of a digital investment firm BKCMLLC says he is a crypto optimist. As an experienced analyst who is “generally rightabout 60 percent of the time“, his outlook is upbeat and is sensingopportunity despite repeated challenges.  With this, the “The Bitcoin Big Bang — How Alternative Currencies Are About […]

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Bitcoin Price Could Fall Back Despite Impressive Session Gains: Analyst

Bitcoin Price Could Fall Back Despite Impressive Session Gains: Analyst The bitcoin price has surged up to 4.85 percent this Tuesday, but there is still a strong case of an imminent pullback. According to Crypto Michaël, an Amsterdam-based cryptocurrency analyst, bitcoin lacked adequate follow-up volume that could sustain the ongoing upside price action. The bearish interpretation followed the textbook volume-price […]

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Bitcoin Continues to Climb on the Back of Positive Momentum: BTCManager’s Week in Review April 22, 2019 | BTCMANAGER

The price of bitcoin has increased by over four percent week-on-week to $5,333 per coin as investors are starting to buy bitcoin again now that the ‘crypto winter’ is considered over and the sentiment is turning bullish. The Big Stories The biggest news of the week in ‘all things bitcoin’ was the announcement by Japanese retail giant Rakuten that it […]

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