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“# Warren Buffett praises stocks Dollar-cost averaging — but does it work for Bitcoin? ” Warren Buffett has a message to young investors: dollar-cost average into major stock market indices. However, data shows that the same strategy has worked quite well for Bitcoin (BTC) too over the past decade. The term dollar-cost averaging or DCA…
“# Bitcoin monthly candle closes above $13K for the first time since 2017 ” The monthly candle of Bitcoin (BTC) for October has closed above $13,000 for the first time since December 2017. It comes after both daily and weekly candles all closed above the crucial resistance level. Traders often use the monthly log chart…
“# Bitcoin reaches $14K for the first time since January 2018 — what’s next? ” Bitcoin (BTC) price is undoubtedly having an impressive year after crashing to $3,700 in March but then rallying to $14,000 in the following months. Now BTC has reached the highest point since January 2018 as the price touched $14,100. Thus,…
“# Bitcoin price hits $14,000 exactly 12 years after whitepaper released ” The price of Bitcoin (BTC) surpassed $14,000 on Oct. 31, the day Satoshi Nakamoto released the Bitcoin whitepaper in 2008. Since then, the world’s biggest cryptocurrency has seen remarkable and exponential growth across various areas. The daily price chart of Bitcoin. Source: TradingView.com…
“# Why Bitcoin price and volume rising together is bad news for Ethereum, altseason ” Bitcoin (BTC) is sucking up the volume from the entire cryptocurrency market as it continues to rally. This is causing the alternative cryptocurrency (altcoin) market to pullback, which has seen rising selling pressure and low buyer demand. On Oct. 30,…
“# Ethereum price ascending channel breakout possible if Bitcoin consolidates ” In the past week, altcoins prices received a significant haircut, and investors who were light on Bitcoin (BTC) saw their portfolio value take a hit. Initially, Ether (ETH) price followed Bitcoin higher as the top-ranked digital asset rallied through the $12,000 resistance but as…
“# Impending pennant breakout sets Bitcoin price back on the path to $14,000 ” As the weekend approaches, Bitcoin (BTC) price appears set to close out the month with a remarkably strong performance which has many bulls calling for a new all-time high above $20,000 in the near future. Traders attribute these lofty estimates to…
“# Price analysis 10/30: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened. <p>Bitcoin’s (BTC) dominance has risen from about 56% in early September to above 63%. This suggests that the market…
“# Bitcoin just 4 days away from historically bullish $10K price record ” Bitcoin (BTC) has spent nearly 100 days above $10,000 — and if history repeats itself, further price gains could be astronomical. As noted by various social media users this week, as of Oct. 30, Bitcoin was just five days away from trading…
“# Bitcoin suddenly slides 4% as BofA predicts a 20% stock market crash ” The price of Bitcoin (BTC) abruptly dropped 4% from the day’s peak on Oct. 30 as the uncertainty in the stock market intensified. With five days left to the U.S. presidential election, Bank of America (BofA) suggested a 20% drop is…