Bitcoin | Crypto Profit Bot

Bitcoin price drops to $52K, liquidating almost $10B

April 18, 2021

Crypto Nanobot 0

Bitcoin (BTC) fell to sudden lows of $52,000 on April 18 in a timely reminder of how price action often follows hash rate. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView China, US rumors lead the BTC sell-off Cointelegraph Markets Pro and TradingView showed a brutal hour for Bitcoin bulls everywhere early on Sunday as the market […]

Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag

April 16, 2021

Crypto Nanobot 0

Bitcoin (BTC) has seen a classic indicator of a coming bull run pass a historic milestone as miners commit more and more resources to its future. According to data from on-chain monitoring resource Glassnode on Friday, Bitcoin’s network hash rate has passed total exahashes per second for the first time in its history. Hash rate […]

Bitcoin at $62K ‘great buy’ before next surge, says fund manager

April 15, 2021

Crypto Nanobot 0

Consolidation after fresh all-time highs means now is the time to buy BTC in “wildly bullish” conditions, argues Vailshire Capital. 19353 Total views 94 Total shares Bitcoin (BTC) looked set to retest previous all-time highs on Thursday as a fund manager called it a “great opportunity to buy.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView […]

Bitcoin can hit $92K in April and still not match bull run RSI peaks: Analyst

April 14, 2021

Crypto Nanobot 0

Bitcoin (BTC) can surge to $92,000 in the next two weeks and still “only” be matching its past performance, new data claims. In a tweet on Wednesday, PlanB, the analyst behind the stock-to-flow family of Bitcoin price models, noted that despite this week’s gains, BTC/USD still has plenty of energy in it. PlanB focused on […]

Bitcoin is ‘caged bull’ ready to escape at $60K — Bloomberg Intelligence

April 12, 2021

Crypto Nanobot 0

Bitcoin (BTC) is a “caged bull,” and the end of its current price run is nowhere near at $60,000, said Bloomberg Intelligence. In a tweet on Monday, senior commodity strategist Mike McGlone delivered his latest bullish verdict on the state of Bitcoin this month. Analyst: 2021 bull market is “tame” According to McGlone, who eyed […]

Canaan reports $33M net loss for 2020 despite bullish Bitcoin price action

April 12, 2021

Crypto Nanobot 0

The Bitcoin miner manufacturer saw its year-on-year revenue tumble amid supply chain disruptions and a global chip shortage. 3320 Total views 26 Total shares Bitcoin’s bullish 2020 closeout was not enough to prevent Canaan from incurring a net loss in 2020. According to the company’s unaudited financial report for Q4 2020, the Bitcoin (BTC) miner […]

Watch these key technical levels as Bitcoin price nears $61,800 all-time high

April 10, 2021

Crypto Nanobot 0

The price of Bitcoin (BTC) has surpassed $61,000 on April 10 for the first time in nearly a month. Following the breakout, traders are starting to look at new levels of resistance and support in the short-term as optimism returns to the market. In the near term, besides the all-time high at around $61,800, there […]

All that mined is not green: Bitcoin’s carbon footprint hard to estimate

April 10, 2021

Crypto Nanobot 0

The debate around the environmental impact of the Bitcoin mining ecosystem is heating up once again as academics have provided a fresh dose of perspective on the subject. In an opinion piece written by Noah Smith, a former assistant finance professor turned columnist, took aim at the Bitcoin (BTC) mining industry in March, suggesting that […]

Bitcoin suddenly hits $60K as a new resistance battle liquidates $850M

April 10, 2021

Crypto Nanobot 0

Bitcoin (BTC) returned to $60,000 on April 10 as a bout of long overdue volatility hit the market in line with analysts’ expectations. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview “Being a bear is expensive” Cointelegraph Markets Pro and TradingView showed a sudden push allowing BTC/USD to exit the $50,000 corridor overnight on Friday. The […]

HSBC reportedly blacklists MicroStrategy’s stock for investing in Bitcoin

April 9, 2021

Crypto Nanobot 0

The investment banking giant now reportedly classifies MicroStrategy as a “virtual currency product.” 6222 Total views 31 Total shares Buying MicroStrategy stock is reportedly no longer possible for HSBC customers on the bank’s online trading platform — HSBC InvestDirect, or HIDC. According to a supposed message from the bank to its customers, HSBC has directed users […]

1 2 3 … 48 »

Login to Your Account

Personal Details

Category: Bitcoin