Bitcoin is Rising Again – Weekly news 31/2021
Welcome to the month of August, esteemed readers and crypto citizens. After a summer-long hiatus, Bitcoin has again showed signs of revival and risen above
Welcome to the month of August, esteemed readers and crypto citizens. After a summer-long hiatus, Bitcoin has again showed signs of revival and risen above
Critical BTC dominance below 50 percent The Bitcoin dominance index, which compares Bitcoin’s market value to other cryptocurrencies, has fallen below 50 percent (the red
Bitcoin price projection How high can the price of Bitcoin (BTC) rise? This is one of the most common questions I usually encounter with new
Price continues to look strong. At the time of writing, the price is at $57.1k, only -7.5% from the recent ATH (all-time high) on the
The week started with a small down move in the bitcoin market. Lets see what this means for the short and medium-term future. Daily chart.
In the previous analysis from two weeks ago I was thinking that the $50k round number would act as an important resistance and getting above
Hello again, esteemed readers. We are certainly living interesting times, as almost every day marks a new all-time high. This has not only concerned bitcoin’s
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,
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
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
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
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
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
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
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
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.
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
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
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
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