Bitcoin Once Again At The Most Critical Level In The Short-Term

Bitcoin Level - CryptoCaptain

The flagship cryptocurrency, Bitcoin, continues to struggle this week as the asset dropped to a 19-day low of just over $31,000. Altcoins suffer a downtrend as well, with ETH below $2,000, DOGE dumping beneath $0.20, and some losing a substantial amount of value. The past week has shown more bearish than bullish signs. BTC fellby …

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Bitcoin Market Analysts Divided Over Price Trajectory

CryptoCaptain market sentiment

Yet another choppy week of price action in the crypto sphere. With Bitcoin down by about 4.7% this week, having tested a resistance at $40,760 last week. Analyst remain divided over short and intermediate term trajectory of the cryptocurrency giant. Bloomberg Analyst: Bitcoin more likely to hit $100K than $20K in 2021 Bloomberg senior commodity …

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Market Analysis: Is Bitcoin Headed For Further Crash?

CryptoCaptain market sentiment

Yet another week of indecisive price action as Bitcoin was unable to reclaim the $40k levels. Traders remain extremely cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity. The past week hasn’t gone in favour of the bulls as the price of Bitcoin is down about 9%, currently …

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Bitcoin: Is This The End?

Sell Signal On May 13 - CryptoCaptain

Bitcoin has seen a shaky week in which the price is down by over 20%. The cryptocurrency giant alongside almost all altcoins experienced a bloodbath, with Bitcoin retesting the $30k support. Is bitcoin in for full recovery or is the bull market over?  Elon Musk May Have Just Hinted An Offload Of Tesla’s Bitcoin Holding …

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Bitcoin: Sell Season?

Bitcoin Sell season - CryptoCaptain

Bitcoin, the digital currency giant started off to a good start this week but took a sharp drop trend following news that Tesla suspended accepting BTC as payments for their electric vehicles. A sea of reds for the crypto world at some point this week. The question now is, is it time to buy or …

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Bitcoin Bull Run Finally Coming To An End?

A bull and a bear fighting - CryptoCaptain

A week that sees Bitcoin trying to stage a comeback in order to catch up with spectacular price action seen in Ethereum and other altcoins. Is the Bull season over?   Comedian Bill Maher Just Made Bitcoin Decidedly ‘Uncool’ The power being used right now to guess numbers and win imaginary prices is the same …

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Bitcoin To Hit 100k This Year Despite Recent Price Slump – Experts Believe

Market Sentiment

The flagship cryptocurrency has been recovering from its recent slump of around the 46,000 range having attained ATH of $64,900 last-week. Despite recent panic, some analyst still expects six-figure Bitcoin prices this year. Pending any dramatic movement in price today, this is the first time in six years that Bitcoin will end the month of …

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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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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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Is Bitcoin the New Gold?

Investors around the world are becoming increasingly worried about the effects of the Covid-19 pandemic on the global economy. As the inflation raises, many people are comparing bitcoin and gold to find out which of the two is a better store of value, and which is better at fulfilling the role of a safe-haven asset …

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

Bitcoin featured image

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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CryptoCaptain: The SCIENTIST and the deep Seas of Data

The SCIENTIST and the deep Seas of Data

The Bull Market Compass combines knowledge from the fields of big data, sentiment analysis, and predictive analytics using methods of artificial intelligence. Our service is backed by more than 10 years of scientific experience in these fields by the founders.

Crypto News Digest May 4 – 10

May 4 Kyber Network Crystal (KNC) holders will soon be able to delegate their voting rights to StakeWith.US while still receiving voting rewards.

Crypto News Digest April 20-26

Apr. 20 Facebook is looking to hire “experts in fraud, compliance, workforce management, and customer care” to support the team at Calibra working on a digital wallet for Libra.

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.