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Bitcoin Price Analysis: What Drove the 19% Crash and is the Pain Over?

$4 billion in liquidations wiped out the derivatives market, sending BTC lower by 19% at the intraday lows yesterday. Crypto Twitter went into panic, as exchanges were unresponsive, investors struggled…

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Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold — Correlation shows

The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.

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$330 Billion Wiped Off the Total Market Cap on Bitcoin’s Worst Day Since May (Market Watch)

Bitcoin’s Day, as it was touted by many, turned into the bloodiest day since May 19th. Right as El Salvador became the very first country in the world to formally…

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Panama Bill Proposes to Regulate Bitcoin as Alternative Payment Method

As the global adoption of cryptocurrencies continues to soar, a new bill has been submitted in the Republic of Panama to recognize Bitcoin (BTC) and other digital currencies as alternative…

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Bullish for Bitcoin Price? Wyckoff Accumulation Phase D Likely Completed – Phase E Next

Bitcoin’s recent 2-week consolidation breakout above $50.5k has likely concluded Phase D of Wyckoff Accumulation, preparing the cryptocurrency to enter the Phase E mark up. Wyckoff Accumulation is a technical…

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Three Months Later: Bitcoin Now Officially a Legal Tender in El Salvador

It’s official – Bitcoin, the world’s leading cryptocurrency by means of market capitalization, has become a recognized legal tender in the country of El Salvador. A Quick Timeline As CryptoPotato reported back…

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