Tag Archives: Bull

Bitcoin Cash’s New Combo: Bull Exhaustion With Limited Downside?

Bitcoin cash is buoyant again today, but some hints of bull exhaustion are starting to show. At press time, the bitcoin cash-U.S. dollar (BCH/USD) exchange rate is $1,340. As per data from CoinMarketCap, the cryptocurrency has gained over 9 percent in the last 24 hours. The gains come after record highs near $2,500 last week, […]

Bull Grip Weakens As Bitcoin Price Breaks Below $7,000

Bitcoin remains on the back foot ahead of the weekend. According to Coindesk’s Bitcoin Price Index, the number one cryptocurrency fell below $7,000 at 11:25 UTC this morning and hit an eight-day low of$6,793. A minor bid wave seen during the Asian session today quickly ran out of steam above $7,300. At press time, the bitcoin-U.S. […]

Is The Bitcoin Bull Just Resting (Or Dead)? – Winklevoss Bitcoin Trust ETF (Pending:COIN)

Bitcoin just forked another coin, and its price has dropped from a high over $6,100 to about $5,700. Another fork is coming in November, and already some have wondered whether the bull run might be over, or whether it’s “just resting.” To answer that question, you need to figure out whether it’s possible to invest […]

Bull Exhaustion? Bitcoin Price Halts Advance Ahead of $6,000

After failing to breach $6,000, bitcoin prices have again taken a downturn. At press time, the bitcoin-U.S. dollar (BTC/USD) exchange rate is $5,850, but of greater interest to traders is what this means for the ongoing rally, which has pushed bitcoin up from an Oct. 25 low of $5,376. Prices on the CoinDesk Bitcoin Price Index […]

Bitcoin Hyper Bull Lee Says Lone Investment Trust Could Triple

Thomas J. Lee, one of the most bullish bitcoin advocates on Wall Street, says the lone investment vehicle available to institutional investors is cheap because the market isn’t taking into account the digital coins spawned from splits in the biggest digital currency. Shares of the Bitcoin Investment Trust could be worth $2,360 to $2,600 if […]

Bull Trap? Bitcoin Prices Struggle to Build Momentum Above Moving Average

Despite rising again above its 50-day moving average today, the bitcoin-US dollar (BTC/USD) exchange rate is having a hard time gaining altitude. At press time, the digital currency is trading at $4,188, down from a high of $4,269 earlier today; its highest level since September 12. Week-on-week, BTC is up 14.4%, while month-on-month it is […]

Bull Signal? Bitcoin’s Price Breaks Above 50-Day Moving Average

The bitcoin-US dollar (BTC/USD) exchange rate closed above the 50-day moving average yesterday – crossing a key milestone for the first time since September 13. However, while this might be read as a bullish signal, the follow-through has not been encouraging so far. Prices fell to a low of $3,836 earlier today and were last […]

From Bear to Bull: Bitcoin Just Won’t Die (So Josh Brown Buys)

“Why won’t you die?” That’s what Josh Brown, money manager and CEO of Ritholtz Wealth Management, kept asking himself as he watched the price of bitcoin rise and rise. After years of skepticism toward cryptocurrency, Brown finally relented, buying bitcoin for the first time in July. And yet, at the very moment prices were soaring, news […]

Bitcoin’s Biggest Bull? Arthur Hayes Isn’t Long Crypto – He’s Short Government

In the coming war between digital currencies, which side will your money be on? If that question sounds crazy, meet Arthur Hayes, a former CitiGroup trader who runs BitMEX, a Hong Kong-based crypto exchange that allows eye-bulging leverage – up to 100 times – when buying and selling cryptocurrency derivatives. Not just another Wall Street veteran, […]

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