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A Massive Bitcoin Price Move Is Likely Imminent… Again: Here’s Why

Source Node: https://bitcoinist.com/massive-bitcoin-price-move-imminent-again/?utm_source=rss&utm_medium=rss&utm_campaign=massive-bitcoin-price-move-imminent-again
Time Stamp: August 16, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin has consolidated between $11,000-12,000 over recent weeks. While the consolidation has only lasted for just over two weeks, prices are tightening again. By indicators like the width of the Bollinger Bands, volatility is reaching notable lows yet again. This signals to analysts that a massive Bitcoin price move is likely imminent. Fortunately for bulls, there are many analysts expecting upside due to both technical and fundamental trends. How high Bitcoin rallies in this potential breakout, though, is not yet clear. Bitcoin Could Soon See a Massive Move: Volatility Indicators

Analysts Are Expecting Chainlink (LINK) to Pull Back After Parabolic Advance

Source Node: https://bitcoinist.com/analysts-chainlink-pull-back-parabolic-advance/?utm_source=rss&utm_medium=rss&utm_campaign=analysts-chainlink-pull-back-parabolic-advance
Time Stamp: August 15, 2020 12:00 AM - Modified On: May 21, 2021 - Published By:
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Chainlink (LINK) has been embroiled in a parabolic rally in recent weeks. The asset has gained hundreds of percent since the March capitulation lows. Chainlink could undergo a correction as technical signals suggest that the asset is overbought. There are also on-chain signals that show LINK investors are hesitant to believe the rally will continue. What may boost the asset’s bull case, though, is an increasing number of short position holders. This increases the likelihood of a “short squeeze” that will transpire, pushing prices higher once again. Chainlink Could See

Analyst Who Predicted Bitcoin’s 2018 Bottom Expects a Move to $14k

Source Node: https://bitcoinist.com/analyst-predicted-bitcoins-2018-bottom-expects-move-14k/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-predicted-bitcoins-2018-bottom-expects-move-14k
Time Stamp: August 14, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin is stagnating in the high-$11,000s once again despite Ethereum breaking higher. BTC trades at $11,800 as of this article’s writing, meaning the asset remains below the critical $12,000 level. An analyst thinks Bitcoin is poised to move to $14,000 in the near future. The analyst in question is one that has been historically accurate with his price calls. He famously predicted BTC would bottom 2018’s bear trend at $3,200 months before it did. Others think that BTC is primed to move to $14,000, citing technical and fundamental reasonings. Bitcoin

Mobile DeFi and the Shift Toward Self-Sovereignty

Source Node: https://cointelegraph.com/news/mobile-defi-and-the-shift-toward-self-sovereignty
Time Stamp: August 8, 2020 1:00 PM - Modified On: May 21, 2021 - Published By:
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Many speculate that mainstream adoption of cryptocurrency is dependent solely on improving ease of access and user experience. In reality, there’s an even bigger obstacle: a mentality shift. Self-sovereignty and personal autonomy are the endgame of this technology, and with that goal comes a significant increase in personal responsibility for one’s funds. This is totally at odds with people’s traditional financial experience so far; the legacy system takes away your autonomy and replaces it with convenience, offering useful tools related to fraud protection and password management. By comparison, cryptocurrencies, decentralized finance

Eerily Accurate Analyst Thinks Bitcoin Could Hit $20,000 in the Next 3 Months

Source Node: https://bitcoinist.com/eerily-accurate-analyst-bitcoin-hit-25000-next-3-months/?utm_source=rss&utm_medium=rss&utm_campaign=eerily-accurate-analyst-bitcoin-hit-25000-next-3-months
Time Stamp: August 8, 2020 3:00 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin has finally started to show weakness after recovering from last weekend’s flash crash. After falling as low as $10,500 last weekend, the leading cryptocurrency surged as high as $11,950 before retracing. As of the time of this article’s writing, BTC trades for $11,500, sliding to this critical level from the aforementioned highs. The retracement for Bitcoin has been bearish, especially considering it was rejected at $12,000 again. Some remain optimistic that Bitcoin bulls are in control, though. One historically accurate analyst that predicted BTC’s macro price action is still

OKCoin Awards Latest Developer Grant To Marco Falke

Source Node: https://bitcoinmagazine.com/articles/okcoin-awards-latest-developer-grant-to-marco-falke?utm_source=rss&utm_medium=rss&utm_campaign=okcoin-awards-latest-developer-grant-to-marco-falke
Time Stamp: August 6, 2020 8:00 AM - Modified On: May 21, 2021 - Published By:
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Cryptocurrency exchange OKCoin announced today that the latest contribution from its Open-Source Developer Grant is going to Marco Falke, who has served as a Bitcoin Core maintainer since 2016 and is one of the most active contributors to Bitcoin’s code. “Marco’s work … focuses on making development more efficient,” Elaine Song, a member of OKCoin’s business operations team who is involved with the grant program, told Bitcoin Magazine. “He is the most active contributor to the Bitcoin code since 2017. He is presently dedicated to the improvement of Bitcoin’s test

Weekend Market Action Signals DeFi-Driven Bull Market Has Arrived

Source Node: https://beincrypto.com/weekend-market-action-signals-defi-driven-bull-market-has-arrived/
Time Stamp: August 3, 2020 4:01 AM - Modified On: May 21, 2021 - Published By:
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This weekend’s epic crypto market momentum has been a remnant of the volatile action witnessed in late 2017. Ethereum has been in the driver’s seat, but instead of the ICO-saturated market of yesteryear, DeFi platforms are now dominating the sector in 2020. Cryptocurrency markets have reached their highest levels this year in terms of total market capitalization. Trouncing February’s highs of $300 billion, the total market cap surged to $360 billion this past Sunday. The figure has yet to top the 2019 peak in mid-June when the total cap exceeded

Will Video Game Crypto Be the Catalyst for Adoption?

Source Node: https://beincrypto.com/will-video-game-crypto-be-the-catalyst-for-adoption/
Time Stamp: August 1, 2020 6:59 AM - Modified On: May 21, 2021 - Published By:
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-More than one-third of humanity will play video games by the end of 2021. -A number of platforms provide blockchain opportunities not found in traditional gaming. -After several years of failures, blockchain adoption may finally be here. The video game industry may be the natural catalyst to bring blockchain technology into the mainstream. Most experiments have failed so far, but is that about to change? After years of trial and error with Bitcoin, some video game platforms are finding a way to exploit distributed ledger technology. Is humanity witnessing the

Is Bitcoin Becoming A Safe Haven After All?

Source Node: https://medium.com/@thecryptoconsultant/is-bitcoin-becoming-a-safe-haven-after-all-1be6a61f1175?source=rss-------8-----------------cryptocurrency
Time Stamp: April 9, 2020 3:27 AM - Modified On: May 21, 2021 - Published By:
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Questions are raising, after central banks flood markets with rescue money.Central banks in the US and EU are putting together rescue packages to deal with the corona crisis that is currently infecting stock markets around the world with panic. While the measures largely fizzle out, Bitcoin is recovering without any help at all. Was it too early to write off Bitcoin as a lifeboat?Is the big wave still coming? (Photo by Jeremy Bishop on Unsplash)If you have already dealt with Bitcoin, you certainly know: the maximum number of Bitcoins is

Risky Assets Are Rallying, Bitcoin Back Above $7,000

Source Node: https://www.bitcoinmarketjournal.com/risky-assets-are-rallying-bitcoin-back-above-7000/
Time Stamp: April 7, 2020 3:15 PM - Modified On: May 21, 2021 - Published By:
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“In every generation a man is obligated to feel as if he himself has experienced the exudes from Egypt.” This is one of the core principles of the upcoming holiday of Passover that Jewish people across the globe will celebrate tomorrow. It’s the very reason that we embrace strange customs like eating herbs that are so bitter they make you cry, drinking four full glasses of whine, and of course the famous flat bread known as matzah. Though I will never ever understand what it must have been like to

Bitcoin Price Prediction: BTC/USD May Hit $8,000 to Begin a Bull Market Fully

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-may-hit-8000-to-start-a-bull-market-fully/256766
Time Stamp: April 7, 2020 9:58 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 7The Bitcoin price is making a strong extension to the upside in the session today through $7,200.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,500, $8,700, $8,900Support Levels: $6,400, $6,200, $6,000BTCUSD – Daily ChartBTC/USD hit the intraday high at $7,440 and retreated to $7,231 at the time of writing. Despite the downside correction, the coin is moving within a short-term upside trend amid low volatility. BTC/USD has gained nearly 1.35% since this time as the cryptocurrency market is on the recovery path. On the