(Last Updated September 21, 2020)
Welcome to the news page for Bitcoin (BTC). Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
As for trends on BTC, we’re seeing a downtrend on shorter timeframes — but an uptrend on the 90 and 14 day timeframes. As such, traders with short positions should be aware of the uptrend in place on the longer timeframes.
The moving averages on BTC summarize its price action in an interesting way. The 100 and 200 day averages are pointing upwards, suggesting a bullish trend, while the 20 and 50 day averages are pointing downward, suggesting a bearish trend on those timeframes. This implies that the long-term trend — meaning going back over 3 months — is bullish, while the trend over the past month and a half is bearish.
The chart below illustrates.
At the moment, BTC’s price is down $-161.76 (-1.46%) from the week prior. Moreover, note that this is a reversal of the price action on the previous week, in which price moved up. As for the trend on the weekly timeframe, we see the clearest trend on the 20 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a bearishness in price, as the 20, 50 and 100 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. BTC’s weekly price action over the past 52 weeks can be seen via the chart below.
Emh implies that s2f and the model forecasts should be already priced in by the market, because s2f model uses publicly available s2f data….
I’ve had my book co-authors told to stop working with me to avoid negative affects on their career.
My conclusion is that bitcoin markets are indeed reasonably efficient and price in s2f model, but also overestimate risk….
There will be winners and losers, but i wouldn’t want to have bitcoin end up being the netscape of your investment opportunity.”
The change in price came along side change in volume that was up 19.78% from previous day, but down 14.89% from the monday of last week.
Bitcoin outperformed all 5 assets in the top cryptos asset class since the previous 4 hours.
I’m betting big on #bitcoini don’t need to cancel all it’s “competition” for it to do that..
Will talk about stocks all day long but will never mention xrp.
Today square is announcing the formation of the cryptocurrency open patent alliance (copa).
You only need to be right once and dag makes it easy.