Bitvalex Academy What causes the Bitcoin price's ups and downs?

It's highly doubtful that anyone has been left with the impression that Bitcoin isn't a thing. Whether you actively invest or just overhear a piece of news over the media, one thing is certain—Bitcoin's value dynamics firmly states the importance and mass effect of the cryptocurrency. Ever since its initial release in 2009, Bitcoin has faced sev...

Analyses Are the crypto bulls awake?

The cryptocurrency market has again attracted the attention of many people, because most of the major cryptocurrencies registered solid price gains last week. For instance, Bitcoin (BTC) increased from $7,212.70 to $8,442.00, Ethereum (ETH) - from $135.09 to $147.98, Litecoin (LTC) - from $43.22 to $51.76, etc. The positive market sentiment has ...

Analyses Bitcoin - Technical Analysis - Mon, Jan 6, 2020

Escalating political tensions between the USA and Iran significantly increased the demand for safe-haven assets last week. For instance, the price of gold surpassed the level of $1,550.00 per troy ounce, nearing a six-year high. Other safe-haven assets including Bitcoin followed the same price dynamics. The digital gold reached almost $7,500.00 ...

Analyses Bitcoin - Technical Analysis - Mon, Dec 30, 2019

On Monday, December 23,  Jon Erlichman, host of the famous show "The Open" on BNN Bloomberg and a fill-in anchor for Bloomberg's global program "Bloomberg Markets", shared a list of some of the best-performing stocks of the past decade on his Twitter account:   Source: Twitter According to the list, Netflix was by far the best performer of the d...

Analyses Bitcoin - Technical Analysis - Mon, Dec 23, 2019

On Tuesday, December 17, Fidelity Investments, one of the world’s leading multinational financial services corporations, announced that it is establishing a new entity to offer financial products and services to European institutions interested in investing in digital assets, such as Bitcoin: Source: Twitter The cryptocurrency community welcome...