Here’s Why Bitcoin Could Soon Move Back Towards $11,000
Bitcoin has pressed much higher over recent days. After trading as low as $10,400 last week, the coin has surged as high as $11,500 around 36 hours ago. As of this article’s writing, BTC trades for $11,350, far above the aforementioned lows. Analysts think that Bitcoin will slink lower in the coming days as it faces down a CME futures gap. Most CME Bitcoin futures gaps close within the week they open. Bitcoin Could Soon […]
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The broader cryptocurrency market has sprung back to life again, with Ethereum rising back above the $4,600 price mark after a renewed bullish move. Within the period of bullish action, Bitmine Immersion has gone on a significant buying spree, acquiring thousands of ETH in the month of September alone. Bitmine’s Unstoppable Ethereum Buying Spree Ethereum’s […]
Here's a look at what we are focusing on in the bitcoin price this evening. Well, this is getting a bit frustrating. Price seems to want to weigh to the downside, even though we want it to hit 800 so much. Shows how much influence we have. The chart below shows action during the European session today. It’s basically gone as follow: break, consolidation, break, consolidation. We’re currently trading just ahead of the 740 mark, and it’s looking like sentiment is very much to the downside right now. Not too much of an issue for our intraday operations, but a little frustrating on the longer....
The spotlight is on Bukele for the final part of Peter McCormack’s documentary. Here’s the first part. Here’s the second one. Armed with everything he’s seen, the seasoned interviewer goes back to the President’s chambers for the interview’s second round. Was “Follow The Money #1” more about McCormack than about El Salvador? Or does the […]
Zcash and privacy coins could be back in vogue. Two weeks they began moving upwards, following an oppositive sentiment in the market, and scored profits of around 11% for ZEC’s price, and 15% for Monero (XMR). Related Reading | Monero And Zcash Take Off With 15% Gains, Here’s What May Have Spurred The Rally ZEC’s price has returned to move back in tandem with the rest of the crypto market. At the time of writing, ZEC trades north of $160 with a 2.3% loss in the past 24 hours. This rally was driven by a potential demand for privacy coins, as the conflict between Russia and Ukraine....
Here’s what we are focusing on for this morning’s session in the bitcoin price. Well, we have come to the end of the week in the bitcoin price, and it’s time for our penultimate price watch analysis. It’s Friday morning, and a look back at action across the week so far shows a pretty flat few days, with intermittent spikes of volatility, but nothing to write home about. With any luck, as we head into this weekend, there will be some sustained momentum that we can get on the back of and ride out to a profit. This isn’t guaranteed, but those who have followed our analysis across the last few....