Technical analysis: Bitcoin continues to look strong
There is no reason to be bearish when looking at the price action of bitcoin. The market indeed was very bullish a few weeks ago,
There is no reason to be bearish when looking at the price action of bitcoin. The market indeed was very bullish a few weeks ago,
Last week’s biggest news was undoubtedly Tesla’s decision to invest $1.5 billion dollars in bitcoin. The electric car manufacturer and futuristic innovation company set a
Hello there and welcome aboard again. This time we will provide you Coinmotion’s recent quarterly report detailing the feverish frenzy on the crypto markets. Indeed
Last week investors around the world were astounded, as the stock prices of archaic companies like GameStop, Blockbuster and Nokia suddenly began rising explosively. Some
Last week a story surfaced on international media about a so called bitcoin “double-spend”, meaning the same coins being used twice. This supposedly spelled the
Bitcoin’s price has been consolidating in a correction for the past few weeks after reaching the new $42k ATH price. You can see how the
Despite heavy price swings, Bitcoin is still faring far better than in previous years. The recent intense rise has also created a lot of wealth
We have been living interesting times these first weeks of the year. New all-time highs are almost daily and spectators are running out of superlatives
Bitcoin price goes up and down according to general market laws. At the same time, bitcoin has unique features that other assets don’t. So how
The holiday season is at the door and Bitcoin users have been given early Christmas presents in the form of new all-time highs. The number
In the past week Bitcoin has seen unprecedented price records. After surpassing the magical level of $20 000 dollars, the cryptocurrency has soared as high
Institutional investors are presumably one notable reason why bitcoin’s price has risen so strongly in 2020. This is most likely not mere speculation, but there
That’s it, folks. Bitcoin, the king of cryptocurrencies, has finally broken its ealier price record from nearly three years ago. Rising to a peak of
Using Coinmotion with an internet browser is simple, whether it’s by phone or computer. Now using Coinmotion is even easier, as we have recently published
Bitcoin’s price has continued its steep rise and it seems quite likely we will soon see new records. The number one cryptocurrency has multiplied its
Bitcoin has continued rising explosively with eyes set on the Moon and other celestial objects. If the current pace continues we are likely to see
Hello there, fellow crypto citizens. November is here again, but instead of falling rain the month has begun with an explosive rise for Bitcoin. As
Bitcoin price got above $14k for the first time since the all time high top almost three years ago. Let’s start from a long term
The past week has marked one of the biggest Bitcoin and cryptocurrency-related news in a while. Online payment giant PayPal has now announced implementing Bitcoin
Seems like the important support level at $10k-10.5k held strong and now we have seen a nice little up move from there. As we can
Hello there, and welcome back to another week of crypto news. This time we will take look at Bitcoin’s long-awaited Taproot update, which is now
The past week has again been an exciting one for Bitcoin and cryptocurrencies, just as it has for the wider world economy. BitMEX, one of
The Bitcoin market looks overall bullish. We are not going up at the moment, but we are consolidating and holding above the important supports. I
In the past decade cryptocurrencies have strongly entered the mainstream economy. Today even average investors, large companies and states use cryptocurrencies or invest in them.
Wikipedia defines speculation in the following way: The purchase of an asset with the hope that it will become more valuable in the near future.
Greetings, esteemed crypto enthusiasts. This week will talk about money laundering and measures trying to prevent it. According to a fresh leak, the European Union
We have seen a small move down in the past few weeks and the price has tested an important support level. On the weekly chart
Bitcoin’s price has once again retreated to lower levels and the recent bull run seems to at least temporarily be running out of steam. This
Bull trend continues strong, but a consolidation near the highs before more up is the most likely scenario from here. Let me explain why. On
Hello again, esteemed readers! This week we have more important content than usual, since we also present an expert report about cryptocurrency market development. The
Bitcoin’s impressive rise this year in our corona-ridden world has certainly not been ignored by investors. Last week we talked about how a Nasdaq-listed company
Investment markets can be analyzed in several different ways. One way is to analyze them based on historical market price development. Here is one example
The bull trend continues strongly. The break of $10.5k level was a solid breakout like I wrote on the previous analysis. I’ve been writing about
Bitcoin’s price has recently been hovering on rather nice levels, meaning safely above $11 000 dollars a piece. Some years have passed since we last
Happy August, fellow crypto citizens! It has indeed been a good start of the month for Bitcoin, having pushed to new heights with the power
Like I predicted in the previous analysis, the market indeed is bullish. Finally the consolidation period has ended and we got a nice breakout above
Investment markets can be analyzed in many different ways, and understanding them is key to long-term investing in bitcoin. One method is to analyze the
Greetings, esteemed readers, and welcome back to the wondrous world of crypto. The main news of this wild week is a recent decision, whereby banks
Bitcoin is having one of its lowest volatility medium-term periods in its history. I am bullish, but I am not so sure if we are
Welcome back to another recap of a very weird week. Social media giant Twitter witnessed its biggest hack in history, as crypto scammers were able
Almost every time you read cryptocurrency news something fresh and interesting pops up. This shows that we are truly living exceptional times and witnessing at
Everyone probably knows Gladstone Glander. And if not, he is the character from Donald Duck who always has phenomenally good luck. Unlike Donald Duck. But
Howdy, and welcome back to another week of crypto news. This time our biggest story is PayPal’s alleged plans to integrate Bitcoin use into its
Greetings, esteemed readers and crypto comrades. Hopefully you had a nice Midsummer full of feasts and festivities. At least here in the Northern Hemisphere we’ve
Another week has passed and it’s time to peek inside the wondrous world of cryptocurrencies. This time we will take a look at institutional investors,
That feeling when you’ve suffered a loss of 50% within a week. Not to mention the moment when you’ve lost 50% in a day. Can
Bitcoin price has been inside boring range for some time now, not much happening, but on Tuesday it broke $10k and could be going for
Prasos Ltd was founded in Jyväskylä in the spring of 2012 and has now been operating for over 8 years! The company started as a
Hello there again, esteemed members of the crypto club. That club is indeed a global and growing one, as Bitcoin and its altcoin allies have
A mysterious Bitcoin transaction took place this week as 50 bitcoins, untouched since being mined back in 2009, were moved. The event naturally led to
Bitcoin price has been going mostly sideways for the past few weeks, but now it seems that the up trend from $3.8k bottom is going
Bitcoin’s block reward halving has now happened for the third time and started a whole new era in the cryptocurrency’s history. Hereafter new bitcoins will
Unspent output from bitcoin transactions, or UTXO, offers notable possibilities for analysing the cryptocurrency market. Inside the bitcoin blockchain, every transaction creates a new UTXO,
Spring blossoms and Bitcoin grows again while Dragon Ball memes celebrate the price reaching over $9000. Despite all the uncertainty caused by the corona crisis
April was very good for bitcoin after the big red margin long cascade seen in March. The month closed above the red ones opening price.
Bitcoin’s upcoming block reward halving, also known as “the halvening”, is approaching and stirring discussion on the markets. At the same time stock market development,
Information and first details about China’s cryptocurrency wallet have leaked on the Internet. Many had certainly anticipated this, even though China has earlier had an
What if I told you the people around you either make you succeed on the investment markets or make sure you will lose your money.
Only a few weeks remain until Bitcoin’s block reward halving. As many may know, this event is one of the most significant in a long
Happy Easter, folks! Remember to enjoy food and good company, but keep a healthy distance while in quarantine. Mental closeness in turn is more important
The coronavirus, the corona pandemic, the corona financial crisis… Much else is not discussed these days, which is quite understandable since our current situation is
How to avoid losses in a bear market? Now you get to choose between two options: Losing 30% in a week Losing 5% in a
Bitcoin’s price has been swinging back and forth lately, which has also started affecting Bitcoin mining. The difficulty level of mining has fallen, and as
After a week of dramatic drops and market chaos Bitcoin has again started a rocketing rise upward. But since it’s about Bitcoin it’s also possible
Well, that was a bloody week. The coronavirus has scared and shaken the world economy, and even cryptocurrencies have suffered in the wake of the
Bitcoin and banks, what a quarrelsome couple. One is decentralized, while the other clings to centralized power threatened by decentralization. It is therefore no wonder
So it seems like bitcoin wanted to go down a little more. I barely read news or try to stay on top what’s going on
The coronavirus has arrived in Europe like the medieval plague and stirred storms on the stock markets. This has apparently also affected bitcoin, since cryptocurrency
Hello there, dear digital dwellers and crypto citizens. Another week has passed in the wavy world of Bitcoin, having floated up and down on both
Find out what the difference between paper and direct ownership of cryptocurrencies is, especially when it comes to bitcoin. Custodial Service (paper) vs Direct ownership
Bitcoin went little over $10k before it started to correct a little bit. Now the question is if the $10k is going to be very
It seems the coronavirus may become one of the worst epidemics of our time. The illness has already infected thousands of people around the world
Hello again, esteemed readers! Winter winds are blowing the Northern Hemisphere, but the cryptocurrency markets are far from cold. After heating up in January, Bitcoin
We have been consolidating near the recent rise top for a while now and can keep doing that for a few more weeks. White solid
What do Bitcoin and bamboo trees have in common? Both can grow enormously in a single day and can be used for both nutrition and
The year 2019 wasn’t huge for bitcoin compared to many previous years, but it still managed to grow over 80%. This would be considered an
A lot has been happening again in the Bitcoin world. The price has bounced up and down giving investors nice opportunities to sell and buy
The lower risk level of gold and stocks is a typical reason to favor them instead of bitcoin investing. In a short time period bitcoin’s
Bitcoin has been rising like a delayed new year’s rocket the past days, which is certainly welcome. Just a few more hundreds and jesters in
On previous analysis I wrote; “On weekly chart we have clear short term range formed, marked with dotted lines. Weekly close above or below would
Cryptocurrency industry regulation will go through major changes in Europe during 2020. We have already made required updates on Coinmotion, so these regulatory changes won’t
Well, that was an interesting week to start the year. Iranian missiles were launched at U.S. bases, and Bitcoin’s own rocket was fuelled by the
Bitcoin was the best-performing asset of the 2010s with 9 000 000 percent growth during the decade. Even the last year of the decade was
Happy New Year! Bitcoin has entered the 2020s after an incredible decade full of growth, pitfalls and more growth. Last year alone Bitcoin broke
Happy holiday season, esteemed readers! It’s time for the second last weekly news of the year and the whole decade. Quite suitably, Bitcoin has been
We did indeed go down like I wrote in my previous analysis, but the great moving average from 50 weeks has been giving choppy signals
Another week has passed and the end of the year is growing closer by the day. Created in 2008, Bitcoin is also approaching its third
Happy December, dear readers! The year and decade is nearing its end but Bitcoin’s story is only in the beginning. Now the number one cryptocurrency
We went down like predicted on my previous analysis, but the power of the dump was stronger than I expected and last week we unfortunately
Another week of blood and growth, another chapter in the turbulent tale of Bitcoin. After plunging down heavily, the coin of coins has risen up
The past week has been bloody on the cryptocurrency markets, but for Bitcoin it’s business as usual. Bitcoin seems to even enjoy and gain vitality
Blockchain – the so called new tech on the block – is taking the world by storm. Bitcoin and cryptocurrencies are by far the most
Did you know this month commenced a new era of crypto regulation in Europe? If not, now you do. European Union’s 5th AML Directive has
Big spike up, strong bull move and plenty of bear blood. In a technical analysis a month ago I wrote that the moving average from 100
Happy November, fellow crypto citizens! It’s getting darker and colder outside in the Northern Hemisphere, but Bitcoin shines as a glowing beacon all year round.
The Finnish Financial Supervisory Authority (FIN-FSA) has published a list of registered cryptocurrency service providers to meet the European Union’s money laundering standards. From 1
Bitcoin had a strong quarter for the most part, but the growth turned negative during the last week of the quarter. Bitcoin dominance grew from
Bitcoin has risen back toward the threshold of $10 000 dollars. Regardless of what analysts speculate about upcoming bull or bear markets, the big B
Traditional fiat money has always been plagued by inflation. States and central banks can print new money on a whim whenever they want to finance
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