Calm Before The Storm? 5 Bitcoin Price Factors to Watch This Week

Bitcoin (BTC) begins a new week trading in a familiar corridor below $10,000 — will it stay there or is volatility actually incoming? Cointelegraph Markets’ weekly newsletter gives you five factors influencing Bitcoin’s price performance in the coming days. Stocks recover from coronavirus worries The start of this week marks a clear contrast from last […]

These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge

Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that […]

These Three Factors Show Why Bitcoin is Poised to Plummet Towards $8,000

Bitcoin extended its overnight bout of consolidation, struggling to gain momentum in either direction despite posting a rejection at $9,800 yesterday The benchmark cryptocurrency now appears to be well-positioned to see further weakness as it struggles to surmount its near-term resistance Analysts are pointing to a few key factors that show why this selloff could […]

Traders Expect Bitcoin to Set Fresh Lows in 2020; Factors to Watch For

Bitcoin saw some intense volatility earlier this morning that caused it to dip to lows of $9,400 before rebounding It now appears that the cryptocurrency is once again caught within its long-held consolidation phase around $9,600 Analysts do remain largely bearish on the crypto however, as multiple are noting that BTC could now set fresh […]

These Three Factors Show Bitcoin Will See a Massive Selloff at $10,000

Bitcoin has seen some incredibly mixed price action as of late, with BTC struggling to garner any notable momentum as it approaches its heavy resistance $10,000 This resistance has proven to be insurmountable on multiple occasions throughout the past several weeks and months One analyst is now noting that BTC’s ongoing rally up towards the […]

Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider

The aggregated crypto market saw a sharp rise today fueled by widespread liquidations of short positions This movement came about following an extended period of sideways trading within the upper-$8,000 region Analysts are cautious about the market-wide trend shift, as some are noting that there are a few factors that signal it will be followed […]

Investors Need to “Be Careful” About Bitcoin’s Uptrend Because of These Factors

Bitcoin attempted to push above $10,000 yesterday evening but was once again met with a significant amount of selling pressure that subsequently led it lower The benchmark cryptocurrency is now once again caught within a bout of sideways trading within the mid-$9,000 region Analysts are warning investors against getting too excited about this latest uptrend, […]

These Simple Factors Suggest Bitcoin Could See a Sharp and Swift Recovery

Bitcoin saw a sharp and unexpected decline yesterday evening that led the crypto to shed over $20 billion from its market cap This decline came close on the heels of the multiple rejections that BTC has witnessed around the $10,000 region Despite the overt bearishness of this movement, analysts are noting that there are still […]

Buried Report Reveals Factors Behind South Korea’s ‘18 Crypto Crackdown

A newly unearthed report from South Korea’s financial watchdogs has revealed the rationale behind the country’s 2018 crypto crackdown that played a featured role in ‘Crypto Winter’. Digital Today dug up the “2017 Anti-Money Laundering Annual Report” which showed the Financial Intelligence Unit had identified more than half a million crypto transactions in South Korea […]

Two Key Technical Factors Show Bitcoin Rally is Slowing, At Least in the Short-Term

Bitcoin’s bullish case fails to convince as its spot and derivative metrics show a divergence. The cryptocurrency is trending either flat or downwards in the short-term, but its futures’ cumulative long positions and open interest are rising. A prominent trader sees the indicators as signs of an imminent price correction. Bitcoin has corrected by more […]