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Breakout or fakeout? Top traders react to Bitcoin price rally to $11.9K

20.10.2020
Bitcoin price rallied to $11,900 but traders are unsure whether the move is a breakout or a fakeout

Ascending channel Bitcoin price breakout possible despite OKEx scandal

17.10.2020
Bitcoin price lost the bullish energy that took the price to $11.7K earlier this week but the current range may offer opportunities to swing traders

Bitcoin and Altcoins Preparing For Next Breakout

15.10.2020
Bitcoin price mostly remained in a tiny range below the USD 11,500 and USD 11,550 resistance levels. BTC seems to be consolidating above the USD 11,250 support and it seems to be preparing for the next move. The price is currently (13:00 UTC) trading well above USD 11,250 and it must clear...

Bitcoin and Altcoins Trading Near Key Breakout Zone

6.10.2020
Bitcoin is trading above the USD 10,550 and USD 10,650 support levels. Having said that, BTC is approaching a crucial breakout zone near USD 10,800 and USD 10,950. The price is currently (08:30 UTC) trading well above USD 10,650 and it seems to be preparing for the next major move. Similarly, most...

Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation

30.9.2020
A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within...

Bullish pennant hints at Bitcoin price breakout to $11,300

12.9.2020
Bitcoin price is consolidating into a tighter range as traders appear ready to test the $10.5K resistance

Bitcoin Will Break Out This Year, Says Devere CEO

30.8.2020
The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to...

Bitcoin Price $12K Breakout Fails — Here’s How Low BTC Can Now Drop

19.8.2020
The price of Bitcoin has failed to turn $12,000 into a new support level, which may result in more downside for BTC in the near term

93% of Bitcoin’s Supply Profitable at $11K, ‘Realized Price’ Recovers from Black Thursday

29.7.2020
Onchain data shows that bitcoin’s breakout above $11,000 puts 93% of the circulating supply in a state of profit. Additionally, seven-day metrics show that bitcoin’s “realized price” has recovered from the low that took place on March 12. The research and analysis firm...

Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser

29.7.2020
Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually...

Exchange Activity Explodes Following Bitcoin’s $10K Breakout

28.7.2020
On-chain exchange activity exploded during Bitcoin’s recent breakout, seemingly confirming the legitimacy of the price momentum

With $10K Near, Is Bitcoin Price Ready for a Big Breakout Next Week?

25.7.2020
The price of Bitcoin is showing strength as it broke through a key level this week and putting $10,000 within reach once again

Bitcoin Breakout on July 22? 5 Things to Watch for BTC Price This Week

20.7.2020
Analysts predict that the end of Bitcoin’s compression cycle will hit within days as price action continues to preserve $9,000 support

Bitcoin (BTC) Lacks Steady Support and Awaits Possible Breakout

15.7.2020
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...

Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst

13.7.2020
During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout”...

As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout

8.7.2020
Bitcoin is looking to leap key resistance alongside a strong rally in gold, but its role as an inflation hedge is still weak

Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs

8.7.2020
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. Meanwhile, the BTC network hashrate has continued to grow, with the seven-day...