Tag: Parabolic

Bitcoin (BTC) Is Parabolic, Prices Up 111% Year-To-Date

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Bitcoin (BTC) parabolic, adds 41.5 percent Strong Bitcoin fundamentals rewinding last year’s losses The deteriorating global economy, prospect of central banks intervening, and the entry of whales through institutional investment could explain the parabolic rise of Bitcoin’s prices. At over $12,800, BTC is up 41.5 percent in the last week and poised to register more gains. Bitcoin Price Analysis Fundamentals Visibly, Bitcoin’s rally is stretching superlatives. Analysts say the recent price eruption has been dizzying. Well, true to their observations, this surge has everyone talking about Bitcoin. If anything, this…

Parabolic Bitcoin Price Smashes $13,000: The Money Behind Bitcoin's 'Explosive' Run

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The bitcoin price roared to a new 2019 high in the early hours of Wednesday, briefly touching $13,000 on the Huobi exchange. Bitcoin is now at levels not seen since January 2018 with a market capitalization of $224.7 billion. But where is the money coming from? Data from CoinLib reveals that BTC’s latest rally is […] The post Parabolic Bitcoin Price Smashes $13,000: The Money Behind Bitcoin's 'Explosive' Run appeared first on CCN Markets Source link

Bitcoin Price Parabolic Advance Continues Past $12,000

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Bitcoin price has continued its rapid growth and on June 26 it hit $12,000 for the first time in over a year, according to Coin360. Market visualization courtesy of Coin360 Bitcoin (BTC) breached the $12,000 level early this morning after mostly trading horizontally in the $13,000-$4,000 range for the first months of the year. Press time bitcoin is trading at $12500, after having increased its value 11% over the last 24 hours. Bitcoin 1-year price chart. Source: Coin360 As Cointelegraph reported at the time, one June 22 BTC crossed the $11,000…

Bitcoin (BTC) Is Looking Like Gold Prior To Parabolic Explosion: Analysts

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Bitcoin May Soon Go Parabolic If Gold’s Trend Is Mirrored Due to its properties, Bitcoin (BTC) has long been equated to gold. Many, in fact, say that the cryptocurrency is a “gold 2.0” contender, and will likely overtake the precious metal with time and a generational wealth shift. Some have even gone as far as to say that Bitcoin’s price action could follow that of gold, potentially to a tee. You may think this sounds crazy, but there is some bearing to these calls. Just take a look. Analyst CryptoHamster,…

Bitcoin (BTC) Likely On the Verge Of Parabolic Rally, Analyst Notes

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Bitcoin Indicators Point Towards Start Of Bull Run While some have been skeptical of this rally, claiming that Bitcoin (BTC) isn’t ready to rally, a few indicators show that the recent move to $8,000 is about to kick off a parabolic run. Popular analyst Nebraskan Gooner recently noted that his proprietary “Top Goon X” indicator, which has historically flashed “buy”/”parabolic” to precede massive moves to the upside, has just issued a signal after over three years of inactivity. As seen below, the last four times a “parabolic” signal was issued…

Bitcoin is Starting a Parabolic Bullrun That May Lead it To New ATHs, eToro’s Mati Greenspan Says

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Bitcoin seems to be leaving behind the bearish streak of 2018, and an increasing number of analysts are sure that it bottomed at around 3200 USD. Mati Greenspan After making similar claims about the altcoin market, Mati Greenspan, chief analyst of the social trading platform eToro shared his impressions about the current situation of BTC. In an interview with Bloomberg, the well-known analyst explained that, from his perspective, BTC beat the negative trend and is now approaching a period of parabolic growth. Mr. Greenspan explained that historically BTC shows a…

Ethereum (ETH) Goes Parabolic After Bitcoin, Looks To Push $300

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Ethereum (ETH) add 55 percent in the last week Cryptopia folding explains exchanges should be after verticals, not listing and trading fees According to Vijay Boyapati, exchanges are walking the wrong path of short-term profitability over future dominance better exemplified by Cryptopia decision to list as many as coins/tokens as possible before falling prey to hackers. Meanwhile, Ethereum (ETH) bulls are rampant, stepping on the gas pedal with targets at $300 and $400. Ethereum Price Analysis Fundamentals By design, blockchain and related businesses should function in a decentralized manner. That…

3 Altcoins with Bullish Potential Like Parabolic Bitcoin

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By CCN: It has been almost a year and a half since bears took over crypto markets. Bitcoin took a massive beating as it shed 84% of its value. Other large-cap coins shared more brutal fates. Ethereum, Litecoin, and EOS were all devalued by more than 90%. Last year was full of trials and tribulations for retail investors. Thankfully, the ordeal is finally over. With bitcoin’s unbelievable run over the last few days, altcoins such as Ethereum, Litecoin, and EOS have responded with massive technical breakouts. This prompted us to…

Bitcoin Price Erupts in Parabolic Rally, Spikes 17% Within Hours

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By CCN: In the past 24 hours, the bitcoin price surged from around $7,000 to $8,300, recording a 17 percent gain against the U.S. in a parabolic rally and a new 2019 high. The bitcoin price surges by 17 percent in 24 hours (source: coinmarketcap.com) The continuous rally of bitcoin led the valuation of the crypto market to spike from $211 billion to $242 billion, by more than $31 billion. Major crypto assets in the likes of Ethereum’s ether, XRP, bitcoin cash, litecoin, and EOS recorded gains in the range…

CME Group Bitcoin Futures Hit $1.3 Billion Amid Parabolic Advance

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CME Group reported record volume for its bitcoin (BTC) futures on May 13 as the cryptocurrency’s surprise bull market continued. CME, which together with the Chicago Board Options Exchange (CBOE) became the first provider of bitcoin futures to the market in December 2017, saw an all-time record of 33,700 contracts on Monday. That figure represented an equivalent 168,000 BTC ($1.35 billion) — an almost 50% rise versus the previous high of 22,500 contracts and 112,700 BTC (currently $909.2 million) on April 4. At the time, CME had warned over a…