Bitcoin tumbles. Down over 10% on the day
on January 15, 2021 at 4:07 pm
Bitcoin falls back below its 200 and 100 hour moving averages Looking at the hourly chart, the price has accelerated to the downside after breaking back below its 200 hour moving average at $37,599 and then its 100 day moving average at $36,030. Stay below those levels tilts the bias more to the downside from a technical perspective.
Bitcoin moves to a new session high.
on January 14, 2021 at 3:03 pm
Trades up around 6.4% on the day at the highs Looking at the hourly chart above, the price has moved above the 100 and 200 hour moving averages currently at $35,663 and $37,266 respectively (blue and green lines in the chart above). Stay above those moving averages keeps the buyers in control.
Bitcoin surges to new session highs. Up 4.1%.
on January 13, 2021 at 8:30 pm
Test 100/200 hour MA The price of Bitcoin is on a run to the upside. It currently trades up around $14300 and $36,180. That is a gain of 4.16%.
Goldman Sachs says bitcoin is starting to mature but institutional money is a tiny fraction of the market
on January 12, 2021 at 10:20 pm
CNBC carried the report citing view of GS' head of commodities research Jeff Currie: to the article to check out if you wish. Here is the link Is Currie on the right track? Comments welcome!
Bitcoin fraud? Allegations that Bit Digital (BTBT) a fake cryptocurrency business
on January 12, 2021 at 12:05 am
Here is a link to a piece by J Capital Research, a US research reports company focusing on publicly traded companies. They've highlighted their research here on what they say is a likely fraudulent company: