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Showing posts with the label Bitcoin Analysis

Strategy's $10 Trillion Ambition: Bitcoin as the Catalyst

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Strategy's $10 Trillion Ambition: Bitcoin as the Catalyst In a recent Financial Times documentary, Michael Saylor, co-founder of Strategy (formerly MicroStrategy), expressed confidence in the company's trajectory toward becoming a $10 trillion enterprise. This ambitious vision is anchored in the firm’s substantial Bitcoin holdings and aggressive capital acquisition strategies. As of May 2025, Strategy holds approximately 568,840 Bitcoins, valued at around $59 billion, positioning it as the largest c... Coinatory cryptonews

Bitcoin May Stall Without Clear Catalyst, Say Analysts

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Bitcoin May Stall Without Clear Catalyst, Say Analysts In the absence of a clear market catalyst, recent analysis from Matrixport suggests that the price trend of Bitcoin may continue to be range-bound. Although Bitcoin rallies and liquidity expansion have historically occurred at the same time, commentators are now doubting the reliability and strength of this relationship. Although central bank-driven liquidity expansion frequently finds its way into digital asset markets, Matrixport analysts s... Coinatory crypto news

Major Bitcoin Miners Fund $2M Pro-Crypto Campaign to Influence Key Swing States

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Major Bitcoin Miners Fund $2M Pro-Crypto Campaign to Influence Key Swing States Riot Platforms, Marathon Digital, and CleanSpark, three of the largest Bitcoin mining companies in the U.S., have jointly funded a political action committee (PAC) aimed at supporting pro-crypto candidates in crucial swing states. This new PAC, called the Bitcoin Voter PAC, has launched a $2 million digital advertising campaign targeting voters in Pennsylvania and Texas, according to Fox Business. The PAC's mission is to advocate for candidat... Coinatory cryptonews

Mayer Multiple: Trace Mayer"s indicator

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You probably heard of multiple indicators, but this one is interesting for a few reasons. First reason, it is created by Trace Mayer, the person who is the early BTC investor who "Bought At $.05". The second reason is that (Mayer Multiple) MM is a pretty simple, yet powerful indicator. The MM formula is defined as “the multiple of the current bitcoin price over the 200-day moving average.” As simple as that! But why is it interesting? When the market goes up, it"s bullish. When it goes up too fast, it"s a bubble. When he goes down - it"s bearish. When he goes down too fast - this is a bottom. The important number is 2.4 that"s based on historical data. When the MM is above 2.4, it means that bitcoin is in the speculative bubble. Whe ... Read more about " Mayer Multiple: Trace Mayer"s indicator " on coinatory.com

Cryptocurrency prices analysis and forecast – 14 December 2018

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BTC/USD BTC/USD is being traded at $3,477 in the correction. The technical picture continues to remain unchanged. News background still does not bode well. So, AriseBank was fined $2.3M due to fraud charges while raising funds during the ICO. In addition, due to the unfavourable situation in the cryptocurrency market, the mining giant Bitmain is closing its unit in Israel. These are additional factors that will help to ensure that cryptocurrencies will continue to decline in the short term. BTC/USD Forecast and analytics 14 December 2018 As part of the forecast for December 14, we can expect the continuation of the corrective movement in the range of $3,822 - $3,190. The signal area is now very narrow, so let"s mark it with a ... Read more about " Cryptocurrency prices analysis and forecast – 14 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 13 December 2018

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BTC/USD BTC/USD is being traded at $3,540 in the correction. Boring trading against the absence of any significant news for the market continues. The price hasn"t gone far from the minimum values. Judging by the dynamics of the rebound and the activity of market participants over the past 5 days, the pessimistic mood persists in the coin, as in the rest of the market. In general, the technical picture remains unchanged. In the event that prices update at least $3,290, a move to a psychologically important level of $3,000 looks very likely. All that remains for market participants is to prepare for the upcoming holidays and just to wait patiently. BTC/USD Forecast and analytics 13 December 2018 As part of the forecast for ... Read more about " Cryptocurrency prices analysis and forecast – 13 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 12 December 2018

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BTC/USD BTC/USD is being traded at $3,427 in the correction. For the last trading day, the technical pattern of the coin has not changed at all. Therefore, today let us summarize the analytical results for the mining industry. Since the beginning of November, the price of Bitcoin has decreased by about 45%. The network"s hashrate lost about 31% during this period. This figure is identical to approximately 1.3M disabled mining devices. This trend has led to a significant reduction in the complexity of Bitcoin mining. For the first time since October 2011, as of December 3 of the current year, the complexity of mining collapsed by 15.13%. All this, together with the general collapse in prices, are an indicator of the critical state of ... Read more about " Cryptocurrency prices analysis and forecast – 12 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 11 December 2018

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BTC/USD BTC/USD is being traded at $3,532 in the correction. The $3,800 area became an obstacle to corrective growth. For the past trading day, the price could not overcome this mark. The potential of the current correctional growth has not yet been exhausted. The upper bound for the current correction of $3,900 has not been tested. Therefore, continued growth can still take place. In any case, the current upward wave should be considered solely as a rebound after the previous decline. After some stabilization at current levels, a move to $3,000 looks very likely. The amplitude of the waves is too small to talk about the formation of a pivot point. Therefore, we are likely to see the testing of the $3,000 level, this year or the next ... Read more about " Cryptocurrency prices analysis and forecast – 11 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 10 December 2018

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BTC/USD BTC/USD is being traded at $3,695 and is in corrective growth. The last wave of a fall on Friday provoked the closure of short positions of market participants. On the eve of holidays, many traders expected to decide to withdraw their profits. Therefore, during the weekend, we saw the development of an upward correction. Since this growth is not connected with the arrival of bulls on the market, it is not worth expecting that growth will start from it. Closest support level is around $3,000. By the end of the year, another corrective accumulation will probably be formed. It is possible that it will be wider than the previous ones. Now there are no prerequisites for a reversal of the market trend. Therefore, we are likely to ... Read more about " Cryptocurrency prices analysis and forecast – 10 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 10 December 2018

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BTC/USD BTC/USD is being traded at $3,695 and is in corrective growth. The last wave of a fall on Friday provoked the closure of short positions of market participants. On the eve of holidays, many traders expected to decide to withdraw their profits. Therefore, during the weekend, we saw the development of an upward correction. Since this growth is not connected with the arrival of bulls on the market, it is not worth expecting that growth will start from it. Closest support level is around $3,000. By the end of the year, another corrective accumulation will probably be formed. It is possible that it will be wider than the previous ones. Now there are no prerequisites for a reversal of the market trend. Therefore, we are likely to ... Read more about " Cryptocurrency prices analysis and forecast – 10 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 8 December 2018

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BTC/USD BTC/USD is being traded at $3,315 and continues to decline. Over the last trading day, sales were observed in almost all liquid instruments. Quotes of most coins once again updated the lows. Now the capitalization rate is at the level of $108B, which is the minimum value since August 2017. Bitcoin almost without resistance broke through the level of $3,600. The minimum from September 2017 was again updated. Now the closest support is around $3,000. At the weekend, the next correctional accumulation will probably be formed. There are no prerequisites for a reversal of the market trend. Therefore, we are likely to see the testing the level of $3,000. This is a historically significant level. The price is very likely to meet with ... Read more about " Cryptocurrency prices analysis and forecast – 8 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 7 December 2018

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BTC/USD BTC/USD is being traded at $3,699 and continues to decline. Another reason for the investors" pessimism was the message that the mining giant Bitmain lost over $ 740M due to the support of Bitcoin Cash hard fork. On this background, the lows of the whole fall were slightly updated. Probably in the short term, the cryptocurrency market will continue to fall within the current downtrend. It is also worth noting that in the area of $3,799 - $7,793 there was an accumulation of limit orders for sale. This is slightly below the technical "balance" zone. Remember that is a dynamic zone. Therefore, in case of returning the price to it, the zone will be adjusted to the area where limit orders are now located. Such a coincidence may give ... Read more about " Cryptocurrency prices analysis and forecast – 7 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 6 December 2018

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BTC/USD BTC/USD is being traded at $3,777 as part of a correctional flat. Over the past day, changes in the cryptocurrency market are minor. The last two days there has been a low activity of the participants when moving sideways. Capitalization during this time decreased by 3.9% to $125B. After the entire market has been reduced to levels more than a year ago and on a neutral news background, participants trade in a range. The continuation of the lateral movement in the coming days is still the most likely scenario. As part of the forecast for December 6, we can expect the continuation of the correction within the limits of the trading range of $4,500 - $3,600. The signal area is located at $4,056 - $4,025. This is a dynamic zone ... Read more about " Cryptocurrency prices analysis and forecast – 6 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 5 December 2018

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BTC/USD BTC/USD is being traded at $3,984 as the part of a correctional flat. The price is trying to turn the area of $4,000 in support zone once again. We will see what will be the result of this in the nearest future. Nevertheless, until the bottom is broken, it’s too early to talk about the continuation of the bearish trend. The technical forecast remains the same. Now the price has returned to the "balance" zone. Further, the price is likely to fall to the local bottom to $3,700. This area has long been intended to be tested by the price. Probably this mark will attract the price until it will be tested. As part of the forecast for December 5, we can expect the continuation of the correction within the boundaries of the t ... Read more about " Cryptocurrency prices analysis and forecast – 5 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 4 December 2018

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BTC/USD BTC/USD is being traded at $3,909 and continues to be traded as part of a correctional flat. The last month of the current year has begun. Crypto world expects events from it compared to similar periods of the past. However, the situation is completely different this time. The past years, Bitcoin ended on a wave of interest and a surge in volatility. The year 2019 will begin against the background of the Great Depression and reflections on the utopian idea of the massive use of crypto actives. The exit from the boundaries of the global corridor will show how exactly events will develop in the last weeks of 2018. Unless of course, the coin wants to stay in its cosy flat. Its upper level is $5,500. The lower limit is a local bottom ... Read more about " Cryptocurrency prices analysis and forecast – 4 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 3 Deсember 2018

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BTC/USD BTC/USD is being traded at $4,198 and continues to stay within the correction. In November, the price of the coin fell to a whopping 37%. This was the worst monthly figure since 2011. At the moment, the coin is being traded on solid volumes. This suggests that the market is relatively involved in spot trading. This reduces the likelihood of strong volatility that appears in the case with low volumes. Now market participants are preparing for the beginning of 2019 and are actively gaining positions. The news background promises that the first quarter of 2019 will be exciting. So, in January it is planned to launch the Bakkt trading platform from the Intercontinental Exchange. Bakkt’s bitcoin futures differ from those already e ... Read more about " Cryptocurrency prices analysis and forecast – 3 Deсember 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 1 December 2018

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BTC/USD BTC/USD is being traded at $4,075 and continues to be in the correction. The previous impulse was not strong enough to overcome at some significant marks. The price did not find the necessary support at higher levels and went lower. It"s not an option to expect the rapid development of the upward correction anymore. Cryptoinvestors do not see any guarantees of growth and are in no hurry to return deposits from the more promising fiat. Partially the "blame" for this lies on the political situation. Constant tensions, harsh statements, inadequate actions and provocations allowed fiat to increase its volatility. As a result, it has become a more attractive tool for speculation. Assets that were traditionally associated with ... Read more about " Cryptocurrency prices analysis and forecast – 1 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 30 November 2018

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BTC/USD BTC/USD is being traded at $4,340 and continues to trade as part of an upward correction. November futures contracts, that allow market participants to get profit from the depreciation of the coin, expire this Friday afternoon. In anticipation of this event, an upward correction has been developing on the market for the second day in a row. Since the fall this month has already been for more than $2,000, futures buyers in the region of $5,000 - $5,500 are interested in minimizing losses before its expiration. Therefore, it is likely that the upward correction, as a result, will go precisely to these marks. After that, the bearish trend will resume. As part of the forecast for November 30, we can expect the continuation of ... Read more about " Cryptocurrency prices analysis and forecast – 30 November 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 28 November 2018

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BTC/USD BTC/USD is being traded at $3,812 and continues to move sideways with the advantage of further decline. Another news about Bitcoin ETF, this time positive, visited the market. First, the SEC Commissioner Hester M. Peirce, as part of the "What Bitcoin Did" podcast, confirmed the inevitability of accepting this ETF. Secondly, anonymous sources at Bloomberg reported that Nasdaq is preparing to start trading Bitcoin futures and has already aligned its product with the CFTC rules. So, perhaps, we still see the long-awaited Bitcoin ETF in the nearest future. All this can give grounds for the beginning of the development of correctional growth, which was not the case during the entire fall of the coin from November 14. In general, the ... Read more about " Cryptocurrency prices analysis and forecast – 28 November 2018 " on coinatory.com

Pompiano: Bitcoin will find a minimum of 85% below the historical maximum

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Founder and partner of Morgan Creek Digital, Anthony Pompliano, in a conversation with CNBC this Monday, said that the Bitcoin price could find at least 85% below its historical maximum. Pompiano explained that he bases this forecast on his experience in the cryptocurrency sector. “85% of the current maximum is the point where it will end. About $ 3,000. We approached it over the weekend, but we may have to go down a bit more, ”he said. According to Pompliano, in the previous segment, Bitcoin was overvalued, and therefore the cryptocurrency continues to undergo a healthy correction. “Bitcoin was overvalued in December 2017. This year, there were more sellers than buyers, so the price drops. But there are three things you should not f ... Read more about " Pompiano: Bitcoin will find a minimum of 85% below the historical maximum " on coinatory.com