Crypto Market Analysis: 26th October 2020
In a week where equity markets have stagnated, bitcoin bucked the trend as it pushed through the $12,000 resistance level, as well as touching and seeing some resistance at $13,000. Altcoins were buoyed by bitcoin’s rise, with ethereum, XRP, litecoin and chainlink all showing upward trajectories too. Simon Peters, analyst, eToro: Bitcoin blasts through $12,000 […]
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Bullish headlines are sending Bitcoin to the skies, with large-cap coins surging to new 2020 highs after PayPal announced on Wednesday it will be integrating cryptocurrency. The good news continued as the week progressed. America’s biggest bank JP Morgan released a report on Friday claiming Bitcoin is a better investment prospect than gold, and Kanye […]
In this episode of NewsBTC’s daily technical analysis videos, we use the Fisher Transform and other tools to see how close Bitcoin is to putting an end to crypto winter. Take a look at the video below: VIDEO: Bitcoin Price (BTCUSD): October 24, 2022 Crypto Winter Bitcoin continues to be boring, but the theme of this video is all about what happens when the notoriously volatile cryptocurrency gets dull. All downside and no rallies makes Bitcoin a dull boy. Related Reading: Bitcoin Dominance To Regain Control Over Crypto? | BTC.D Analysis October 20, 2022 “Here’s....
The S&P 500 rose steadily through the week to 3,348 by Friday evening as it recovered the ground lost last week. By contrast, the STOXX 600 and FTSE All-Share showed very little signs of life, ending the week much as they started it at 362 and 3,294, respectively. In crypto, bitcoin has continued to show […]
Collecting the best quality Bitcoin content that was uploaded to Reddit this month, it's clear that October picked up in bullishness where September left off. The post Bitcoin Reddit Roundup October 2020 appeared first on Bitcoin Magazine.
The S&P 500 rose at the start of last week, shrugging off the tail end of the previous week, and remained at a solid level until Friday to finish the week on 3.482. Contrastingly, the European and UK equity markets struggled, seeing a dip on Thursday as markets digested the impending and increasing coronavirus lockdown […]