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For the very first time since 2018 Bitcoin balances on switches fell below 2.5M

October 22, 2020 Cryptocurrency

On October 20, 2020, the volume of Bitcoin (BTC) held for significant exchanges fell below 2.5 million BTC for the first time of 2 years. Nexo co-founder Antoni Trenchev opined to Cointelegraph this phenomena is driven by the world finally realizing that only Bitcoin presents sound monetary policy: “[People are]…

Here’s what traders expect after Bitcoin price tag rallied to $13,200

October 22, 2020 Cryptocurrency

Bitcoin price just secured a fresh 2020 increased and traders expect the cost to increase higher for three important factors. On Oct. 21 Bitcoin (BTC) price overtook the $13K mark to reach $13,217 after traders took out critical resistance levels at $11,900, $12,000, and $12,500 within the last 48 hours.…

Clear Bitcoin price shift brewing as BTC volatility falls to a 16-month low

October 17, 2020 Cryptocurrency

Bitcoin volatility has dropped to a 16 month decreased, signalling that a sharp maneuver of BTC looms. Bitcoin (BTC) options aggregate wide open interest has grown to $2 billion, which in turn is thirteen % below the all time high. Although the open appeal is still highly concentrated on Deribit…

Ascending channel Bitcoin price breakout a possibility despite OKEx scandal

October 17, 2020 Cryptocurrency

BTC – Ascending channel Bitcoin price breakout possible in spite of OKEx scandal Bitcoin price dropped the bullish energy that took the cost to $11.7K earlier this week however, the current stove may offer you opportunities to swing traders. Earlier this week Bitcoin (BTC) price tag entered a bullish breakout…

$12K Bitcoin price back on the table following BTC rallies previously $11.4K.

October 10, 2020 Cryptocurrency

Bitcoin price rallied to $11,491 after bulls maintained to flip the $11K degree from resistance to support. On Friday Bitcoin (BTC) price finally managed to stop over the symmetrical triangle in which the price happen to be compressing for the previous 30 days. After holding the $11,000 level into the…