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bitcoin 2019

Breaking the Mid-Autumn Slumber. October 2019 All summer, the Bitcoin market was primed for big shifts. The headlines were mostly promising, looking forward to Bitcoin options, a Bakkt futures launch, institutional investors entering with new money, and so on. There were also many reports about blockchain and cryptocurrency applications in spheres beyond trading, as well as optimistic …

Continue reading “Bitcoin Fundamentals Briefing, October 2019”

August 2019. Exhale! The market was quiet in August compared to the June-July period. Investors were waiting with bated breath for breakouts as big projects like Bakkt, Libra, and crypto Hedge funds were close to launching. It seemed as though the tiniest push would be enough to open a new era in crypto. But not …

Continue reading “Bitcoin fundamentals – August 2019”

This month is becoming a turning point for Bitcoin. Price shows three times growth to 9K level, and everybody asks the same question – this is it? This is a new long-term bull trend or not yet. As technically as fundamentally, we see some signs of reversal. Actually, we talk about it almost every day in our videos on the Bitcoin market. 

The year flew by, and it was a challenging but interesting period for cryptocurrencies. We would say that the main theme of 2019 was trying to make sense of it all. When the initial euphoria started to fade, everyone came down to reality. BTC price collapsed, and investors and traders started wondering what comes next. …

Continue reading “Bitcoin fundamentals briefing, December 2019”

A Quiet Start – September 2019 September was one of the quietest months of the year, not only in terms of developments but also price volatility. BTC’s chart shows that every week had a smaller trading range than the previous one. Except for the Bakkt launch – a major and much-anticipated event – news reports …

Continue reading “Bitcoin fundamentals – September briefing 2019”

In the last few weeks, Bitcoin price has been fluctuating between $6,250 and $8,250, after gaining massively from its December low of $3242. At the time of writing, the crypto giant is trading at $7,916 with a 24-hour volume of $24 billion. Meanwhile, BTC continues to dominate the cryptocurrency market, having reached its highest total market percentage since December 2017 when it went over 60%. Currently, its dominance stands at 56.3% with a market cap of $140.7 billion.

The month of crushing hope!  November 2019 stands out in the history of the Bitcoin market because it’s practically impossible to find anything positive to report. Worse still, the market is treading on thin ice, which is fortunately still holding and hoping for some upside action, even though the odds have diminished dramatically in the …

Continue reading “Bitcoin Nose Dive – November 2019”