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Don Dehn
August 10, 2020

Bitcoin Crashes the $12000 Barrier to Move Closer to the

Bitcoin Crashes the $12000 Barrier to Move Closer to the Yearly High

<img width="555" height="370" src="https://www.bitcoinprice.fun/wp-content/uploads/2020/08/Bitcoin-Closes-on-Yearly-High-With-Return-to-12K-555x370.jpg" class="img-fluid mb-10 width-100 wp-post-image" alt="Bitcoin Crashes the $12000 Barrier to Move Closer to the Yearly High" />

Bob Ford
February 28, 2020

Bitcoin Falls Well Below $9k After Weekly Regression of 7.47%

<img width="555" height="370" src="https://www.bitcoinprice.fun/wp-content/uploads/2020/06/Bitcoin-Falls-Well-Below-9k-After-Weekly-Regression-of-7.47-555x370.jpg" class="img-fluid mb-10 width-100 wp-post-image" alt="" />

Technical Analysis

BTC/GBP Chart

Trade News

Don Dehn
August 10, 2020

Bitcoin Crashes the $12000 Barrier to

Bitcoin Crashes the $12000 Barrier to Move Closer to the Yearly High

<img width="1023" height="531" src="https://www.bitcoinprice.fun/wp-content/uploads/2020/08/Bitcoin-Closes-on-Yearly-High-With-Return-to-12K.jpg" class="img-fluid mb-10 width-100 wp-post-image" alt="Bitcoin Crashes the $12000 Barrier to Move Closer to the Yearly High" srcset="https://www.bitcoinprice.fun/wp-content/uploads/2020/08/Bitcoin-Closes-on-Yearly-High-With-Return-to-12K.jpg 1023w, https://www.bitcoinprice.fun/wp-content/uploads/2020/08/Bitcoin-Closes-on-Yearly-High-With-Return-to-12K-300x156.jpg 300w, https://www.bitcoinprice.fun/wp-content/uploads/2020/08/Bitcoin-Closes-on-Yearly-High-With-Return-to-12K-768x399.jpg 768w" sizes="(max-width: 1023px) 100vw, 1023px" />

<img width="350" height="254" src="https://www.bitcoinprice.fun/wp-content/uploads/2020/06/Bitcoin-Falls-Well-Below-9k-After-Weekly-Regression-of-7.47-350x254.jpg" class="img-fluid mb-10 width-100 wp-post-image" alt="" srcset="https://www.bitcoinprice.fun/wp-content/uploads/2020/06/Bitcoin-Falls-Well-Below-9k-After-Weekly-Regression-of-7.47-350x254.jpg 350w, https://www.bitcoinprice.fun/wp-content/uploads/2020/06/Bitcoin-Falls-Well-Below-9k-After-Weekly-Regression-of-7.47-560x404.jpg 560w" sizes="(max-width: 350px) 100vw, 350px" />

Bob Ford
February 28, 2020

Bitcoin Falls Well Below $9k After

Bitcoin has moved through immense volatility throughout the week and

<img width="350" height="254" src="https://www.bitcoinprice.fun/wp-content/uploads/2020/06/Bitcoin-BTC-Aces-the-Race-Yet-Faces-Resistance-at-10400-350x254.jpg" class="img-fluid mb-10 width-100 wp-post-image" alt="" />

Don Dehn
February 12, 2020

Bitcoin (BTC) Aces the Race Yet

Bitcoin, at the time of writing this article, was trading

Bitcoin News

How the Bitcoin Price Surge is Affecting the Crypto-casino Sector
on August 11, 2020 at 10:45 am
Cryptocurrency investors are most likely happy with how Bitcoin has been doing recently. Bitcoin increased about 20 percent to its price. It is great for crypto users as its price crashed back in March alongside the global market mainly because of the pandemic. This August, a Bitcoin now costs around 12,000 US dollars and Bitcoin …
Bitcoin Maintains Its Stance Above $11k, What Next?
on August 5, 2020 at 1:23 pm
You’re never too late to invest in Bitcoin or crypto as these digital assets now lure networkers and investors from all around the world not just as investment avenues but due to the underlying technology. Bitcoin is filling the gap between the current financial system and an upgrade to experience “Financial Freedom.” It's not too …
Bitcoin Reclaims Above $10k Projecting a Parabolic Bull Run
on July 27, 2020 at 2:21 pm
Bitcoin resorts to trading above $10k in the wee hours of the trading session today. Additionally, the influential altcoins of the global crypto market like Ethereum, Zcash, XRP, XMR, etc., are also seen strengthening against the US Dollar. Moreover, this is the 6th time in a period of 7 months that BTC has reclaimed to …
Bitcoin (BTC) is POWER and Not Just an Investment Avenue
on July 23, 2020 at 9:38 am
Bitcoin price gains an edge as it releases from the consolidation below $9.3k and trades around $9.5k, at the press time after having hit a monthly high at $9.55k. Bitcoin, on the intraday chart, is retaining complete support from the daily Moving Averages. The technical are bullish than ever, and the demand is well reflected …
Bitcoin (BTC) Lacks Momentum but NOT Supremacy
by Erica Lee on July 22, 2020 at 2:35 pm
Bitcoin was marketed the most and on a huge scale in the massive Twitter hack that happened in the recent past in the ongoing month. Moreover, crypto traders and investors would be aware of the fact that the price of BTC has been consolidating in the narrow range of $9k to $9.3k. The coin breached above $9.5k in the last week of the previous month and since then has been trading sideways for over four weeks now against the US Dollar. BTC/USD Chart By TradingView However, Bitcoin failed to pump when the altcoin market was roaring, and altcoins like DGB, VET, XVG, ADA, etc., were hitting fresh highs and breaching stringent resistances. BTC has been trading laterally notably below $9.5k while in a recent attempt to rise, the coin managed to reach $9.44k while currently trades with a pullback at $9.33k. With the recent price consolidation and pullback, Bitcoin critics have not left a single opportunity on commenting about how and why any other investment avenue is better and profitable than Bitcoin. Here, the most famous amongst the critics is Peter Schiff, who is a true supporter of Gold and Silver but shills BTC the most. Silver is up more … The post Bitcoin (BTC) Lacks Momentum but NOT Supremacy appeared first on CoinNewsSpan.
Pixelmatic Sends Bitcoin to Legendary Canadian Astronaut Chris Hadfield from Space
by Edward Nash on July 20, 2020 at 1:28 pm
Legendary Canadian astronaut and former commander of the International Space Station, Col. Chris Hadfield received his first Bitcoin worth $100, and that too, directly from space. The BTC was sent by blockchain-based gaming platform Pixelmatic, who executed the transaction directly from the Blockstream satellite to Col. Hadfield’s Pixel Green Wallet. Pixelmatic CEO @Excellion made history by sending the first ever #bitcoin transaction originating from space, via @Blockstream Satellite.Fittingly, the recipient of the bitcoin is none other than legendary Canadian astronaut @Cmdr_Hadfield himself!https://t.co/NLCPTefpzt— Pixelmatic (@Pixelmatic) July 20, 2020 Pixelmatic CEO Samson Mow transferred the value first to the Blockstream Satellite in the geosynchronous orbit (Telstar 11N, Galaxy 18, Eutelsat 113), which was then transferred to the Col. Hadfield’s wallet account. The whole process was demonstrated live during the recently concluded 2020 Asia Blockchain Summit virtual conference, in which the former fighter pilot for the Royal Canadian Air Force participated. This was an exclusive transaction executed from space, as generally, the satellite sends the transactions in the BTC member pool for broadcast. More than anything else this demonstrates the prowess of the crypto industry and what it is capable of. There’s a section of the financial industry that considers Bitcoin as a … The post Pixelmatic Sends Bitcoin to Legendary Canadian Astronaut Chris Hadfield from Space appeared first on CoinNewsSpan.
High-Profile Twitter Accounts Hacked for Bitcoin Giveaway Scams, Industry on High Alert
by Paul Jolin on July 16, 2020 at 9:38 am
Accounts of several high-profile personalities on Twitter were hacked on Wednesday for Bitcoin scams, and the entire crypto industry is now on high alert. The biggest names of victims include Elon Musk, Charlie Lee, CZ, Justin Sun, and also official accounts of platforms like Coindesk, Coinbase, Gemini, etc. The scammers tweeted and promoted fake Bitcoin giveaways from the hacked account, and as per early reports, they managed to get hold of over 11 Bitcoins. US Senator Josh Hawley sent a notice to Twitter chief Jack Dorsey, asking him to work with the FBI and the DOJ to secure the platform. In his official tweet, Hawley posted the notice, demanding that how much of public information was lost in the attack on the platform. .@jack @Twitter work with the FBI and DOJ to secure your platform. Now. Then give the public an accounting of how much of their personal info you lost today pic.twitter.com/Yn2q4Yr8Xx— Josh Hawley (@HawleyMO) July 16, 2020 As soon as the industry experts realized the scam, Cardano CEO Charles Hoskinson released a video on YouTube, urging the crypto users to avoid any Bitcoin giveaway. He informed that accounts of industry leaders have been hacked, and cautioned the users … The post High-Profile Twitter Accounts Hacked for Bitcoin Giveaway Scams, Industry on High Alert appeared first on CoinNewsSpan.
Bitcoin has NOTHING to Do with Twitter Hack—Elucidated!
on July 16, 2020 at 9:09 am
The social media, news channels, and even the novices are all talking about the massive twitter hack that happened in the name of Bitcoin Giveaway that was nothing but a pure scam. The details are such that all the high profile verified twitter accounts hacked in massive Bitcoin scams. Hackers have accessed Twitter’s internal system …
Bitcoin (BTC) Lacks Steady Support and Awaits Possible Breakout
on July 15, 2020 at 9:39 am
Bitcoin continues to trade around $9.2k while the altcoin market experiences steep surges as the smart contract-based blockchain platforms make breakthrough developments and extend their services in all the possible sectors. BTC price trend has been moving with almost a flattish curve over ten weeks now with the intermittent rise and dips at $10.5k and …
Bitcoin Continues to Dominate Amidst Slide of Equities Market
by Ronald Cribbs on July 15, 2020 at 8:24 am
The ongoing coronavirus pandemic is continuing to affect economies in the world. The benchmark indices in the US and other major economies are in a totally devastated state. Take, for instance, NASDAQ which showed some promising gain on Monday by rising 2% in the day but as the closing time approached, the benchmark index plummeted The post Bitcoin Continues to Dominate Amidst Slide of Equities Market appeared first on NameCoinNews.
Is Investing in Bitcoin a Wise Decision in 2020?
by Richard Lee on July 14, 2020 at 1:08 pm
The present year is all about digitalizing the basic needs of every individual. The concept of the virtual world improves transparency and reduces manual exercises. Bitcoin or cryptocurrency, in simple terms, is the online version of cash. The blockchains store the transaction details of these Bitcoins to maintain transparency. The details of the transactions remain The post Is Investing in Bitcoin a Wise Decision in 2020? appeared first on NameCoinNews.
Will Bitcoin Offer Currency Freedom Even After Mass Adaptation?
on July 11, 2020 at 9:30 am
Bitcoin is a cryptocurrency which enables the transaction of money without involving the middlemen. It can be used to do various transactions like booking flight tickets, shopping for multiple goods, and purchasing stocks. Numerous people understand Bitcoin as the speculative type of investment to transact online. It is a superior form of currency as it …
Bitcoin Awaits a Steep Breakout from the Ongoing Consolidation
by Paul Jolin on July 10, 2020 at 1:00 pm
Bitcoin trades sideways while the altcoins of the market strengthen and exhibit a steep surging trend against the US Dollar. However, if we emphasize the 3-hourly movement of Bitcoin over the past six weeks, we see that the coin is forming higher lows after hitting $10.4k at the onset of the previous month. Since then, BTC has been trading in a narrow trading channel is facing complete rejection above $9.8k for the past 30 days now. BTC/USD Chart By TradingView Bitcoin, at present, is holding a fear index for the investors to see if it can withhold the static support at $8.8k or fall prey to a range below $8.8k. BTC draws a make or breaks pattern wherein the next breakout (bullish or bearish) is highly predictable. With continuity of sluggish trends observed, many would believe this to be an end of the era of Bitcoin in the world of smart platform-based cryptocurrencies. However, Bitcoin loyalists and lovers will never go with the flow, and analysts believe that if Bitcoin continues to act sluggish until this time next year, then the investments may turn futile. Therefore, a period of 365 days is no less for Bitcoin to develop and mark … The post Bitcoin Awaits a Steep Breakout from the Ongoing Consolidation appeared first on CoinNewsSpan.
Consulting24 Team Launched a New Domain to Compare Exchanges to Buy Bitcoin
on July 9, 2020 at 1:54 pm
After the success of consulting24.co, the company has added more shades to its offerings. With its recent launch of www.BuyBitcoin24.com, the company aims at helping those who want to buy Bitcoin and other cryptocurrencies. Using this new domain, users can compare the various perks of each exchange and select the one most suitable for their needs. …
Bitcoin Retains Spark Irrespective of Its Flat Curve
on July 8, 2020 at 11:50 am
Bitcoin appears trading sideways as altcoins take the entire limelight of the global crypto market. The altseason, this time, has pushed altcoins such as VeChain, Verge, Dogecoin, Chainlink, Ontology, etc. to greater heights to hit fresh highs and breach the stringent resistances. Although altcoins have been taking over all the attention, Bitcoin is simultaneously in …
Bitcoin Lacks Traction Yet Powers “Financial Freedom”
on July 6, 2020 at 7:01 am
Bitcoin has always been renowned as “freedom,” when it comes to deriving a one-word reply to the question— “What is Bitcoin?” Bitcoin gives freedom from the financial vows of which otherwise is bound with the rules and limitations of currency or Fiat, overall. #Bitcoin is the ark that will save you from the flood of …
Bitcoin Lacks Momentum Yet Appears Bullish Due to Intraday Traction
by Edward Nash on July 2, 2020 at 12:16 pm
Bitcoin lacks a steady blow of momentum over the past two months now, wherein the coin has even reclaimed above $10k thrice and above $10.4k once, momentarily. According to the recent trading price and momentum of BTC, the currency has currently restored around $9.1k after testing supports as low as $8.8k in the last week of the previous month. This flat cure of BTC/USD has led to an important question: When can we expect the next price rally? BTC has been trading mostly flat. Where are we going next? https://t.co/Y1SS1NckQW— Messari (@MessariCrypto) July 2, 2020 However, even if the price of BTC is not showing any significant price action, the traders and investors have not really failed in promoting Bitcoin, as HODLing happens to be the most sought-after option in place of regular buying and selling. This HODLing has led to an increasing amount of BTC, ranging in investors’ portfolios ranging from $1 to $1,000,000. The below tweet by Glassnode shows that the number of addresses with a balance of more than $1 is increasing as investors HODL with a strong projection about a price rally soon. Current number of #Bitcoin addresses holding at least:$1 USD: 22.2 million$10 USD: 15.4 … The post Bitcoin Lacks Momentum Yet Appears Bullish Due to Intraday Traction appeared first on CoinNewsSpan.
Bitcoin Whales Gain Impetus in the Ongoing Year After a Brief Stance
by Paul Jolin on July 1, 2020 at 1:23 pm
Bitcoin whales are those addresses that certainly hold at least 1000 BTC, and these whale addresses trend is seen spiking since the onset of the ongoing year. The question that lies is: Where have these whales come from which has now led the total to be above 1800? The number of BTC whales was seen diminishing over the past five years, and the data per Glassnode Insights states that it dipped over 22% from around 6.7m and 5.2m BTC. As the number of whales addresses rise, does that mean investors are now adding more and more Bitcoins to their investment portfolios and hoarding for a significant spike in price to sell? However, Bitcoin whales were seen to be at the utter height in 2016 and since then were seen declining until it again got enough impetus this year. The level of BTC whales that are seen increasing now is yet to match the level of 2016 high, which was fair beyond 6 million BTC. Irrespective of what effect does this has on the price of Bitcoin, an increase in the number of whales has led to an important point to ponder upon is: Are these addresses buying and hoarding after … The post Bitcoin Whales Gain Impetus in the Ongoing Year After a Brief Stance appeared first on CoinNewsSpan.
Bitcoin Retests Support Below $9k for the Second Time in 10 Days
on June 25, 2020 at 9:50 am
Bitcoin (BTC), in the opening hours of the trading session today, retested support below $9k for the second time in 10 days. However, irrespective of the price, Bitcoin has been a center stage for people all over social media and has been luring many investors due to its recent hype after the Coronavirus lockdown. Bitcoin …
Bitcoin’s Massive Correction on the Way: How to Maximize Profit in the Bear Market?
on June 18, 2020 at 7:24 am
Bitcoin started off the week on the wrong foot. After trading sideways for a few weeks at $9,400, it suddenly plunged to $8,971, leading many to believe this is the beginning of a bear market. According to market data, the sell-off was partly caused by Bitcoin whales dumping their coins, which arose the fear among …

Bitcoin (BTC) $ 11,494.45 0.11%

Ethereum (ETH) $ 389.64 1.66%

Tether (USDT) $ 1.00 0.08%

XRP (XRP) $ 0.277502 2.59%

Bitcoin Cash (BCH) $ 280.40 2.42%

Litecoin (LTC) $ 54.02 0.71%