Double Top Warning in S&P 500 Pressures Bitcoin Lower
Bitcoin Price

Double Top Warning in S&P 500 Pressures Bitcoin Lower

Bitcoin is entering a period of uncertainty amid a growing conflict between its fundamental bullish mood and bearish technical setup.

Yashu Gola | 3 hours ago
Bitcoin Escapes Stock Market Sell-Off on Booming Safe-Haven Appeal
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Bitcoin Escapes Stock Market Sell-Off on Booming Safe-Haven Appeal

An overnight attempt to crash Bitcoin alongside the US stock market met with extreme resistance as the cryptocurrency bounced back handsomely.

Yashu Gola | 3 days ago
Bitcoin

Always On: Bitcoin To Surpass S&P 500 Trading Time Within Two Years

Recently, the discussion around Bitcoin “maturing” and becoming a respected mainstream asset, has prompted comparisons to the stock market, gold, currencies, commodities...

Tony Spilotro | 1 week ago
More Pain for Bitcoin Ahead as Price Breaks "Legacy Trendline," Says Analyst
Bitcoin Price

More Pain for Bitcoin Ahead as Price Breaks “Legacy Trendline,” Says Analyst

Bitcoin (BTC) is at risk of extending its ongoing downside correction as it breaks below a so-called “legacy trendline.” As spotted by an independent, pseudonymous chart...

Yashu Gola | 2 weeks ago
Troubles for Bitcoin as Hedge Funds Bet Against Stock Market Winners
Bitcoin

Troubles for Bitcoin as Hedge Funds Bet Against Stock Market Winners

Bitcoin faces the prospects of undergoing broader downside corrections as hedge funds rush to short stocks that surged impressively during the coronavirus pandemic. According to the...

Yashu Gola | 2 weeks ago
bitcoin, s&p 500, dow jones, nasdaq composite, us dollar index
Bitcoin

Bitcoin Hits 5-Week High Ahead of Q3 Earnings Season; What’s Next?

There was no major stimulus announcement, but Bitcoin was still able to hit a five-week high on the first day of the week. The benchmark cryptocurrency established an intraday high of...

Yashu Gola | 2 weeks ago
Bitcoin

3 Reasons Why Bitcoin Price Could Fall in Q4/2020

2020 has been a rollercoaster year for Bitcoin. The lockdowns caused by the coronavirus pandemic earlier in the year pushed the crypto lower by almost 60 percent. Its crash shortly...

Yashu Gola | 4 weeks ago
Uncategorized

Bitcoin Decouples from Gold, Stocks after Overnight Sell-Off, What’s Next?

Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining intraday gains above the...

Yashu Gola | 1 month ago
Bitcoin Price

On-Chain Data Shows Bitcoin’s Decoupling From S&P 500 Is “Upcoming”

For the past few months, Bitcoin’s price action has largely been beholden to legacy markets like the S&P 500, the U.S. dollar index, and gold. The cryptocurrency has crashed...

Nick Chong | 1 month ago
Bitcoin May Break Below $9K on Wall Street Correlation: Stock Analyst
Bitcoin

Bitcoin May Break Below $9K on Wall Street Correlation: Stock Analyst

Any attempts from Bitcoin to secure higher price levels may fall short as long as its correlation with the US stocks sustains. So predicts Ronnie Moas, a stock market analyst heading...

Yashu Gola | 1 month ago
3 Crucial Reasons Why Bitcoin Could Fall Below $10K This Fall
Bitcoin

3 Crucial Reasons Why Bitcoin Could Fall Below $10K This Fall

Bitcoin faces the prospects of breaking below $10,000 after failing to extend a rally that pushed its price up by 70 percent earlier this year. Here are the top three risks the...

Yashu Gola | 1 month ago
Analysts Explain Why Bitcoin Bearish Correction Could Turn Worse
Bitcoin Price

Analysts Explain Why Bitcoin Bearish Correction Could Turn Worse

Bitcoin is trading almost 17 percent below its year-to-date high near $12,500. And, according to analysts at TradingShot, the downside bias is about to turn a lot worse. The...

Yashu Gola | 1 month ago

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