Bitcoin Price Analysis: Resistance Stumbling Block For New ATH?

Having touched an all time high of $61k, Bitcoin experienced yet another week of volatility which sees the digital currency giant take a peel back and retracing to week low of around 53k. Most altcoins experienced similar trend however, some performed much better than others. Is Resistance the hurdle to setting a new ATH?   …

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Bitcoin’s Next Station $100k?

Current crypto market sentiment Cryptocaptain.com

Along the US goverment’s economic stimulus package and large investors’ crypto buyings,  the whole week witnessed a large rebound of Bitcoin from $49k to $57k after its recent correction since February 22. Will Bitcoin go above its all time high anytime soon? Exciting stimulus news makes impact? The crypto giant made gains on Sunday moving …

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Bitcoin Still To Break The 50k Resistance But Bull Rally Remains Strong On The Long-Run

Bitcoin technicals

Following an unstable week of price action that has seen inconstancy in bitcoin price, bitcoin continues to show infirmity in the region of $47,600. Having failed to break past the $52,000 mark, suggesting the possibility of more downside in the short term. The world’s largest cryptocurrency, Bitcoin currently trading at $47,600 experienced a massive correction …

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“The Road To Glory Is Always Bumpy” – While Bitcoin Corrects, Long Term Sentiment Is Still Bullish

The Road to Glory is Bumpy #Bitcoin

The past two days showed a 15% dip to the cryptocurrency king, Bitcoin. This dip has brought about panic as investors fear that further downward trend of the cryptocurrency could lead to more investors liquidating. Bybt reports via their twitter account that there’s been a total of $4.4 billion liquidated in the past 24hours. https://twitter.com/bybt_com/status/1364118435907526656?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1364118435907526656%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fbybt_com2Fstatus2F1364118435907526656widget%3DTweet …

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Bitcoin hits $58k, sets new record high.

5 days bitcoin growth graph

Bitcoin increased about 28% in the last 7 days reaching an all time high of $58,335 in Sunday trade. Some reasons for this spike can be attributed to billionaire Elon Musk after his portfolio company Tesla invested about 1.5 billion USD and also stated that they would accept BTC as a form of payments for …

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Big Financial Institutions Are Quickly Adopting Cryptocurrency

Below are highlights of some recent adoptions by big financial institutions: 1. National central bank plans to license exchange offices to sell cryptocurrencies in Kyrgyzstan. Source: Akipress 2. ECB’s Largede says central banks holding BTC is “out of the question” The European central bank (ECB) believes that no global central bank will be holding Bitcoin …

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Bitcoin sets new record highs. Will the bull run continue?

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Bitcoin is up 5% in the last 24 hours and up 15% in the last 72 hours reaching a record high of 15,9K USD – a price last seen during the bull run of 2017. A possible explanation for the recent price surge could be the increasing odds of a Democratic US president. Recent election …

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Will Bitcoin continue its uptrend? Bullishness is on par with 2019’s start of bull market

Major cryptocurrencies such as Bitcoin, Ethereum, and Bitcoin Cash have observed an uptrend since the losses driven by the Corona pandemic in March 2020. Since April, Bitcoin price moves exceed the Exponential Moving Average (displayed as red line in the chart below). Now, will Bitcoin extend its uptrend? Is bitcoin up to a bull run …

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Will Bitcoin’s recovery continue? Investors should be cautious

Investors should be cautious during Bitcoin’s recovery. Here’s why. We analyze the crypto market’s recent recovery from a technical view, a sentiment view, and from the news situation. We focus on the big picture and address long-term investors.

Bitcoin in the Corona Crisis: Why investors should stay on the sidelines.

In March 2020 the Corona Crisis pushed to the forefront of public attention in Europe, the US, and the rest of the world. Spurred by worries of an economic breakdown, international stock markets saw a drastic crash of about -40% so far. Usually, the correlation between the stock market and the crypto market is very …

Read moreBitcoin in the Corona Crisis: Why investors should stay on the sidelines.