Categories: Bitcoin Latest News

Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says

In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin’s year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

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Bitcoin Mining Profitability Down 7.4% in March as Prices, Transaction Fees Fell: Jefferies

Bitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research…

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Bitcoin Price Forms This Bullish Pennant On Daily Chart That Could Trigger Rise To $137,000

Crypto analyst Titan of Crypto has raised the possibility of the Bitcoin price rallying to…

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Bitcoin Lags Gold As Wall Street Doubts Persist, Claims Expert

Last week was defined by simultaneous declines in US equities, Treasurys, and the dollar—an exceptionally…

1 hour ago

Bitcoin Miners Are Doubling Down

Bitcoin Magazine Bitcoin Miners Are Doubling Down With all the current bearish sentiment and macroeconomic…

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Strategy Scoops Up 3,459 More BTC, Now Holds 531,644 BTC

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) added…

2 hours ago

Bitcoin Faces ‘Cloud Resistance’ at $85K, Neutralizes Risk Reward for Bulls

In markets, securing the best entry point is often half the battle, as timing and…

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