Bitcoin Rally Eases as FOMO Buyers Run out of Gas

Crypto analytics firm SFOX has it that the Fear of Missing out (FOMO) buying that recently saw the price of Bitcoin hit 2019 highs of above $9,000, has run out of steam. While the price of BTC has been on…

Unpacking Bitcoin’s latest price slump

With all the excitement after Bitcoin hit a 2019 high of $9,000, it quickly went through a dramatic correction that saw the cryptocurrency fall back to $8,200. The sudden rally that saw Bitcoin surge to $9,000 is explained by top…

Bitcoin (BTC) Surging Above 6,300$: Potential Reasons Behind the Top Crypto Rebound

Bitcoin (BTC), still the top-ranked cryptocurrency, managed to land a major rebound during the last several days, which provided BTC with 16.7%. Moreover, on May 10th, Bitcoin is still rising by over 5%, representing a definite top gainer on the…

Analyst: Bitcoin’s Latest Surge could hit $6,500

According to ThinkMarkets- a Forex and derivatives broker- Chief market analyst Naeem Aslam, the price of Bitcoin could surge to $6,500 very soon after breaching a key resistance level of $5,500 this week. As had been speculated by a number…

Bitcoin Could Rise to $8,400, Analyst says.

Last week was exhilarating as was covered on this publication extensively in terms of the soaring crypto prices. Bitcoin went on to breach key resistance levels and hold true in a manner that was last seen back in 2017. Last…

BITCOIN GOES UP BY 7% WITHIN THE PAST WEEK

The past week has seen Bitcoin taking a remarkable bullish rally against the US dollar by 7%, as the price moved from 3,725 USD to the current 4,037 USD. Before we lose ourselves into further details, let’s consider a few…

Bitcoin Price Breakout, a Bullish Flag or Bullish trap ​?

The market got a very good rebound from the critical area around $3400 to the level of $3450. The falling wedge we have formed over the past few weeks was broken by the bulls. As I mentioned in my previous…