Tags : bull

Bitcoin

Bitcoin Miner Revenue Hits New All Time High Among Other

Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an aggregate $64 million from newly minted coins and fees — up nearly 400% since a year ago. It’s […]Read More

Bitcoin

Bitcoin Bull Run May Be Less Than One-Quarter Complete

Bitcoin price continues to struggle with resistance above $60,000, but data suggests it is refueling for a much larger move higher. In fact, the same data could point to the current bull run only being roughly one-quarter or less of the way through to completion.  There’s also a chance that the cryptocurrency bull run is […]Read More

Bitcoin

Bitcoin Bull Flag Suggests Price Will Explode Beyond $70,000

A classic technical indicator suggests that Bitcoin, the world’s leading cryptocurrency by market cap, would become more valuable than it already is. $70,000 Next? Dubbed as Bull Flag, the chart pattern forms when an asset consolidates downwards for a brief period after undergoing a massive price surge. It looks like a downside-sloping channel, denoted by […]Read More

Bitcoin

Bitcoin Analyst Sees “Aggressive” Bull Run Towards $64,000; Here’s Why

Bitcoin prices could undergo an aggressive bull run in the coming sessions, with their upside price targets lurking anywhere between $60,000 and $64,000. The bullish analogy comes from TradingShot, an independent analytics firm known for accurately predicting Bitcoin’s previous close above $50,000. Their analyst noted that BTC/USD has been trading inside an ascending channel range, […]Read More

Bitcoin

Bitcoin Miners Net Position Turn Positive: A Crypto Bull Case? 

Bitcoin in Downtrend After another week of turbulent market volatility, the cryptocurrency market saw severe drops with Bitcoin (BTC) and its peers plummeting nearly 25% from recent highs. This selloff caught many speculators and traders off-guard, causing a panic reaction across the market. The Crypto Fear and Greed Index shifted from a weekly high of […]Read More

Bitcoin

Fractal From Last Bull Run Says Bitcoin Will Hit $100K

Bitcoin price is back over $50,000 after bullish news broke this morning regarding Coinbase officially filing to go public. However, according to a fractal from the last bull market cycle kicking off in early 2017, that number could be merely the halfway point to where the cryptocurrency will trade in just two months from now. […]Read More