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Bitcoin Price Struggling to Break $7K — Here’s the Worst-Case Scenario

Market Analysis The price of Bitcoin (BTC) has seen a relatively stable week, as BTC/USD has been hovering between $6,000 and $7,300. However, due to the low volatility, the volume also diminished, which is a sign of a big move in the works. What can be expected of the markets while the coronaviru..

Bitfinex Supplied ‘Most’ Liquidity During $3.7K Bitcoin Crash — Report

Markets News Bitcoin (BTC) saw a “flippening” during its price crash to $3,700 last month — something that could reveal a new uncomfortable truth about exchanges. In its March Exchange Review released this week, monitoring resource CryptoCompare highlighted liquidity as a key metric which changed ..

Bitcoin Stays Below $7K as Tone Vays Predicts Price Breakout in April

Market Update Bitcoin (BTC) began the day down 2% on April 4, but one trader remained confident in a bullish scenario unfolding next week. Cryptocurrency market daily overview. Source: Coin360 Vays: I’ll buy BTC at $6,400Data from Coin360 and Cointelegraph Markets showed BTC/USD failing to establ..

This Historically Accurate Pattern Suggests Epic Bitcoin Plunge to $3K

Markets News The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining volume of BTC suggests it is not likely. The Bitcoin price has been ranging in between $5,..

Coronavirus & Bitcoin Price: Is China Losing Its BTC Mining Monopoly?

Markets News This week the price of Bitcoin (BTC) surged more than 15%, reaching a high at $7,200 before pulling back into the $6,800 range. Despite the recovery, Bitcoin still has a way to go in order to reach the $8,000 level seen before the coronavirus-triggered selloff on March 12. Cryptocurr..

2 Reasons a Deeper Correction in Stocks May End Bitcoin’s Rally to $8K

Markets News The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the dominant cryptocurrency to the $8,000 area. But, a highly accurate hedge fund manager’s stock market warning could rattle the cryptocur..

Price Analysis April 3: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Price Analysis On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past two weeks the number of laid off American workers seeking unemployment benefits has reached 10 m..

Bitcoin Bulls Can Take BTC Price to $8K Amid Report $10 Oil Inevitable

Market Update Bitcoin (BTC) was pushing to flip $7,000 resistance to support on April 3 amid warnings that oil markets really will hit $10 a barrel this month. Cryptocurrency market daily overview. Source: Coin360 Media: $10 oil could last the whole Q2Data from Coin360 and Cointelegraph Markets t..

Bitcoin Futures Volumes Hits 2-Week High as Buyers Pile Back Into BTC

Markets News Bitcoin (BTC) is capturing investor attention once more as futures markets hit their highest volume since markets crashed below $4,000. According to data from monitoring resource Skew, April 2 saw the best performance from non-exchange operators of Bitcoin futures since March 16. CME,..

Bitcoin Price Holds $6.8K Defying Predictions of Testing New Lows

Market Analysis On Thursday, April 2, Bitcoin (BTC) price continued the rally it started in the late evening on Wednesday. As reported earlier by Cointelegraph, Bitcoin price briefly consolidated around $6,650 before breaking out to tackle the $6,900 resistance and as predicted in a previous anal..

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