May 27, 2021

Bitcoin Remains Choppy Despite Renewed Investor Optimism

Bitcoin (BTC) and the rest of the cryptocurrency industry slipped lower in the early hours on Thursday. However, the cryptocurrency did not fall to its recent lows as most traders are optimistic that BTC is recovering. Bitcoin fell to the $37,120 low in the Asian session today, while Ethereum (ETH)...

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May 26, 2021

Bitcoin (BTC/USD) Tests the Immediate $40,000 Resistance

Bitcoin Price Prediction – May 26The market operation of Bitcoin and the US Dollar now converges around the levels of $40,000 and $35,000. The higher value earlier mentioned has only being tested about a couple of three days’ sessions from below. The crypto market is trading at about a 0.86% increa...

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May 25, 2021

Bitcoin Recorded Worst Weekly Decline In History: Glassnode Report

Analytics data provider Glassnode has broken down last week’s Bitcoin (BTC) and crypto market slump in its “Week on Chain” report released yesterday. BTC fell from a weekly high of $59,460 to lows of $31,320, recording a massive -$28k weekly candle, the worse in history. Glassnode added that the do...

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May 23, 2021

Bitcoin (BTC/USD) Keeps a Bearish Path

Bitcoin Price Prediction – May 23There is a slight sign of continuity in the bearish path that the BTC/USD market has experienced over time until the present. BTC now trades against the US Dollar at around the line of $38,128 at a rate of about 1.34% increase. BTC/USD MarketKey Levels:Resistance le...

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May 23, 2021

Bitcoin (BTC) Market Analysis — May 23

Bears continue to hold market dominance in the crypto space as Bitcoin (BTC) and other altcoins bleed on Sunday. The entire market capitalization has dropped by over $180 billion over the past 24 hours. Nonetheless, Bitcoin has slowly reclaimed more market dominance over the past few days, as the b...

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May 20, 2021

BTC Crash Is Temporal: Anthony Scaramucci Reiterates Bullish Views

Following yesterday’s market crash, which saw Bitcoin (BTC) plummeting more than $10k in a few minutes, many investors and analysts have lent their opinion on the matter. Speaking with CNBC earlier today, the founder of SkyBridge Capital, Anthony Scaramucci, asserted that the benchmark cryptocurren...

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May 19, 2021

Bitcoin (BTC/USD) Breaks down the $45,000 Support

Bitcoin Price Prediction – May 19The current extension of downward pressure has spanned from what formerly looked a correctional has now metamorphosed into an early-stage bearish trend. The crypto is presently priced lowly at around the value of $43,069 at -1.13%. BTC/USD Market Key Levels:Resistan...

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May 18, 2021

BTC Market Analysis: HODLers Keep Buying Despite Massive Correction

Bitcoin (BTC) prices appear to be regaining stability over the past few hours, following a heart-wrenching selloff. Panic sales have eased off, and weak hands have left the market. At press time, the benchmark cryptocurrency trades at +4% from its recent plunge to the $42k area. The recent correcti...

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May 16, 2021

Greenidge Vows to Pursue More Carbon-Neutral Bitcoin Mining Operations

Without a doubt, last week’s Bitcoin (BTC) market dynamics got driven by Tesla’s announcement that it would stop receiving BTC payments for vehicles. The electric vehicle manufacturer cited environmental concerns as the reason for its unexpected decision. The message has resonated across the indust...

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