Browsing Tag

bitcoin

Bitcoin and Ethereum Maintain Bull Run!

David Kindley Aug 17, 2022 550 0

Bitcoin has remained in a bull trend after touching the $25k barrier in recent sessions. After falling over 35% from its yearly peak, the cryptocurrency now eyes a recovery. Ethereum was also in the spotlight after the recent…
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Technical Analysis

Bitcoin Breaks Out of Bullish Flag!

David Kindley Aug 1, 2022 558 0

After punching its way out of a bull flag, Bitcoin has seen a short decline. The largest cryptocurrency dropped as much as 2.4% since reaching its highest level since June. Bitcoin absorbed last week’s one-two macro punch of the Fed…
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Technical Analysis

Bitcoin Gearing up for Another $20k Test!

David Kindley Jul 25, 2022 530 0

Over $1k has been wiped off the value of Bitcoin so far in today’s early session, and more significantly moving through the $22k level. With the cryptocurrency seemingly back in a bear market, will we see any support soon? Ethereum…
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Technical Analysis

Tesla Sells Majority of Bitcoin Holdings

David Kindley Jul 21, 2022 587 0

Tesla recently sold off most of its holdings of Bitcoin. The electric carmaker said it had offloaded 75% of the crypto, as it bought traditional currency with the $936m from its Bitcoin sales. Since Bitcoin and Tesla shares have dived…
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Technical Analysis

Bitcoin Bounces, But for How long?

David Kindley Jul 15, 2022 620 0

The cryptocurrency space has seen a choppy price action for the last few sessions. Even though we have witnessed an upshift, analysts remain skeptical that Bitcoin still has not found a bottom level. With Bitcoin falling more than 70%…
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Technical Analysis

Another Breakdown for Bitcoin?

Roman Onegin Jul 4, 2022 667 0

Bitcoin remains in a downtrend as prices now look for the 19k handle. The cryptocurrency looks to cap off its biggest quarterly drop in more than a decade. Analysts did presume a bottom had formed at the 20k region, but a slide lower…
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Technical Analysis

Orbex: Crypto Consolidating! Is a breakout imminent?

David Kindley Jun 28, 2022 568 0

Bitcoin’s recent recovery back above the psychological level of $20,000 was a sign of a rebound. However, since then a strong consolidation has occurred, with investors expecting an imminent breakout. With Rising interest rates…
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Technical Analysis

Bitcoin Attempts Recovery After Dropping 7%

David Kindley Jun 8, 2022 652 0

Bitcoin fell back below $30,000, as the crypto continues to consolidate. Yesterday’s drop wiped out the previous three days of gains and ended Bitcoin’s second brief break above $31,000. So, will there be any sign of a recovery…
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Fundamental Analysis

Gold is Still More Attractive Than Bitcoin in Risk-Off Scenarios

Daniel John Grady Mar 4, 2022 3,094 0

Since the beginning of February, the spot price of gold has been moving higher. Generally, when the expectation is for interest rates to go up, the price of gold drifts down. But, the concern over a potential invasion of Ukraine by…
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Stocks

Tesla To Accept Bitcoin

Orbex Mar 25, 2021 736 0

Tesla Correction Deepens Tesla shares are trading a little higher ahead of the open on Thursday. Price bounced back after a strong sell off yesterday as the US dollar surged higher. Shares in Elon Musk’s company have seen a firm…
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