Joseph Young

Bitcoin surpasses $51k: traders discuss what is coming next in short-term

The price of Bitcoin surpassed $51,000 after a week of stagnation. Traders are becoming more optimistic on the short-term price...

3 years ago

On-Chain Data: The Last Time This Happened, Bitcoin Rose Another 2x

According to Glassnode’s Bitcoin MVRV Z-Score indicator, Bitcoin is about to cross the red zone. The last time BTC saw...

3 years ago

Real Adoption: How Will Mastercard’s Crypto Acceptance Affect Bitcoin Price?

Mastercard, the leading credit card conglomerate, will allow its users to utilize some cryptocurrencies on its payment network, becoming the...

3 years ago

Market digest: Bitcoin rallies to new record-high after big dip, what’s behind it?

The price of Bitcoin has rallied to a new all-time high above $48,500 merely hours after it saw a large...

3 years ago

Bitcoin at “Last Line of Defense” Before ATH as it Hits $19,300: Analysts

The price of Bitcoin has surpassed $19,300 once again, after dropping to as low as $16,200 on November 26. Following...

3 years ago

Bitcoin Begins to Correct Below $17,000: Where Traders Say BTC is Heading

The price of Bitcoin has begun its correction below $17,000, resuming the bearish downtrend from yesterday. Traders have mixed reactions...

3 years ago

What Happens to Bitcoin After Big Short-Term Correction? On-Chain Analyst Explains

The price of Bitcoin dropped below $16,400 on the day following a massive short-term correction. On-chain analyst Willy Woo attributed...

3 years ago

Ethereum Just Surpassed $500 For First Time Since 2018—Key Reasons Why

The price of Ethereum (ETH) hit $500 on Binance for the first time since July 2018. The timing of the...

3 years ago

New Bitcoin Institutional Rally? Why BTC Just Blasted Past $18k Again

The price of Bitcoin surged past $18,000 once again, marking a sharp recovery from its earlier intraday drop to around...

3 years ago

Bitcoin Traders Discuss the Likely Short Term Correction Case For BTC Price

The Bitcoin price is hovering above $17,700 after an explosive overnight rally. Albeit the market sentiment is at its peak,...

3 years ago

Bitcoin Drops to $16K: 3 Reasons the Retest is Healthy For BTC Price Rally

The price of Bitcoin (BTC) declined to $16,000 across major exchanges after hitting $16,480 on November 14. Although the BTC...

4 years ago

Why Traders Growngly Expect Bitcoin “Reaccumulation” At $15K Before Next Run

The price of Bitcoin (BTC) surpassed $16,000 with strong momentum and has remained above the resistance-turned-support area since the initial...

4 years ago

Why is Ethereum Dropping While Bitcoin Blitzes Past $16k?

The price of Ethereum is struggling against both Bitcoin and the U.S. dollar again, while BTC is surging with momentum....

4 years ago

Bitcoin Quickly Drops 3.5% After Surging Past $16k—Here’s Why It’s Healthy

The price of Bitcoin (BTC) just surpassed $16,000 on the fourth retest. Yet, across BitMEX and Bitfinex, short liquidations totaled...

4 years ago

Why Yearn.Finance Surged 21% in 1 Day Amid Strong DeFi Resurgence

Yearn.finance (YFI), the darling of the decentralized finance (DeFi) market, has surged 21% on the day. It is continuing to...

4 years ago

Bitcoin Abruptly Surges as the Dollar Falls—is This Sustainable?

The price of Bitcoin (BTC) rose to $13,900 after declining to sub-$13,500 on the day. The catalyst behind BTC’s abrupt...

4 years ago

Bitcoin surpasses $14k: negative funding shows it can still run higher

The price of Bitcoin (BTC) surged past $14,000 for the second time in one week. Yet, the funding rate of...

4 years ago

Recipe For Bitcoin “Monster Rally:” FUD Overruns Markets Again

Traders believe Bitcoin (BTC) is gearing for a “monster rally,” as the market sees heightened levels of FUD. The term...

4 years ago

The Number of Bitcoin Millionaires Cross 20k—Why It’s Not a Good Sign

According to the data from Glassnode, the number of millionaire Bitcoin holders surpassed 20,000. Albeit the figure shows many investors...

4 years ago

Bitcoin Futures Funding Rate is Going Negative Even as Price Skyrockets

The funding rate of the Bitcoin (BTC) futures market is turning negative as the price of BTC surges. The trend...

4 years ago