Bitcoin Price Analysis and Predictions; July 4, 2022
Bitcoin price is still ranging below $19,500 level. In case BTC manages to surpass $19,500, there could be a rally on the way. Here is a summary of Bitcoin price in the past 24 hours: Exchange Bitcoin to PayPal on HiExchange Bitcoin failed to surpass $19,500 and $19,600. Currently, BTC is below $20,000 and the […]
Bitcoin Price Analysis and Predictions; July 3, 2022
Bitcoin price failed to surpass the $19,400 resistance level and is currently consolidating below this level. In case it loses the $19,000 support, we can see a new downtrend forming. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin failed to surpass $19,400 Currently, the price is below $19,400 and the […]
What Can You Buy with Bitcoin in 2022?
A few years ago, there was guns, weed and World of Warcraft accounts you could buy with Bitcoin. As well as a US birth certificate, AR-15 rifles and the best illegal pills that the drug dealers had to offer. But, welcome to the now my fellow crypto investors since today, your options have expanded. As […]
Crypto Mining Facing Ban in New York State
Honestly, it was only a matter of time for regulators to impose ban on crypto mining. Essentially, what started out as a system to take advantage of the excess electricity in a power grid, is now paralyzing all countries with its massive consumption. Currently, one quarter of world’s population is facing a water crisis. Furthermore, […]
Institutional Investors Begin Accumulation Phase
And finally, after 9 weeks of doom and bust, we have a green candle! Bitcoin finally moved out of a slump and jumped back above $30,000. With that, Institutional investors seem to have gained confidence and started accumulating. Subsequently, the inflows reached $90 billion last week, a good sign for some bullish action. Leading the […]
Bitcoin Price Analysis and Predictions; May 25, 2022
Bitcoin price managed to stay above $28,500. So far, BTC has remained bullish but it must surpass $30,500 in order to escape the channel. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin set on a new rally starting from $28,500. Currently, the price is above $29,500 and the 1-hour candles […]
Bitcoin Price Analysis and Predictions; May 24, 2022
Bitcoin price could not surpass $30,600 level. Currently, BTC is having a correction and is likely the buyers start to support Bitcoin around $28,500. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin failed to stabilize above $30,600. Currently, the price is below $30,000 and the 1-hour candles are below the […]
Bitcoin Price Analysis and Predictions; May 23, 2022
Bitcoin price set on a new rally starting from $28,500. In case BTC manages to surpass $30,600, we could see a new bull run. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin formed a double bottom formation at $28,500 and bounced back. Currently, the price is over $30,000 and the […]
Crypto Regulations Will Divide Them in Two Categories
Recently, the Biden Administration took a serious step toward crypto regulations. To begin with, cryptocurrencies are a matter of national security in The US and multiple agencies are responsible to make reports to the Whitehouse regarding the upcoming crypto regulations. Initially, agencies are to analyze and research the sector and basically find out who’s jurisdiction […]
Bitcoin Price Analysis and Predictions; May 18, 2022
Bitcoin price finally managed to stabilize above $29,600. In order to turn bullish, BTC must surpass $31,350 indefinitely. Here is a summary of Bitcoin price in the past 24 hours: BTC is making an attempt to surpass $30,500 and $30,600. Currently, BTC is trading around $30,000 and the 1-hour candles are near the SMA100. On […]
Crypto Insiders Moved $2.5 Billion in Bitcoin Before Crash
The early May crash was one of the biggest plunges ever recorded in the crypto market. Although, the Fed rate hikes was the primary factor, there were other reasons behind the dip. Interestingly, we can see a week following the crash that crypto insiders were anticipating such event. A leading crypto analytics firm has revealed […]
Bitcoin Price Analysis and Predictions; May 16, 2022
Bitcoin price finally surpassed $30,000 with a recovery attempt. Currently, BTC is facing a strong resistance at $31,000 and could likely go for a dip. Here is a summary of Bitcoin in the past 24 hours: Bitcoin surpassed $30,000 level but failed to break $31,000. Currently, the price is above $30,000 and the 1-hour candles […]