Bitcoin
BTC$63 464.16

-4.40%

Ethereum
ETH$3 111.33

-4.92%

Tether
USDT$0.999507

-0.09%

Binance Coin
BNB$606.03

-0.72%

Solana
SOL$143.73

-9.44%

USD Coin
USDC$0.999988

-0.01%

Bitcoin (BTC) Reviews - Page 5

BTC Reviews l00k$_1ntere$1ng February 3, 2022
Bitcoin (BTC) rose above $39,000 on Feb. 1 but the sharp fall in the shares of PayPal may have resulted in aggressive selling by the short-term traders. However, in the long-term, large investors seem to be viewing the decline as a buying opportunity. On-chain monitoring resource Whalemap said that whales holding between 100 to 10,000 BTC have accumulated during the recent decline. Fidelity recently released a paper dubbed “Bitcoin First,” which highlights that Bitcoin is the most “secure, decentralized form of asset” and is unlikely to be overtaken by any of the altcoins “as a monetary good.” The report said that Bitcoin combines “the scarcity and durability of gold with the ease of use, storage and transportability of fiat.” Irrespective of Bitcoin’s volatility, its transaction volumes at the end of 2021 clocked an annual growth of nearly 100% over the past five years, according to a recent NYDIG report. This boosted Bitcoin’s annual transaction volume to $3 trillion in 2021, surpassing popular credit card network American Express, which recorded $1.3 trillion worth of payments and Discover, which had $0.5 trillion. Could the accumulation by the bulls indicate that a bottom may be around the corner? Let’s study the charts of the top-10 cryptocurrencies to find out.

BTC Reviews ValdisP January 29, 2022
Bitcoin’s relief rally has reached the stiff resistance zone between $37,332.70 and $39,600. The 20-day exponential moving average ($39,475) is also present in this zone making this important for the bears to defend. The downsloping 20-day EMA and the relative strength index (RSI) in the negative zone indicate advantage to bears. If the sellers pull the price back below $37,332.70, the BTC/USDT pair could gradually drop to $35,507.01 and later retest the Jan. 24 intraday low at $32,917.17. A break and close below this support could clear the path for a possible drop to $30,000. Alternatively, if the price turns up from the current level and breaks above $39,600, it will suggest a possible change in the short-term trend. The pair could then rally to $43,505 and later retest the 200-day simple moving average ($48,833). The 4-hour chart shows that the 20-EMA has started to turn up gradually and the RSI has risen into the positive zone. This indicates that bulls are trying to make a comeback. If buyers drive the price above $39,600, the pair could reach the 200-SMA, which may act as a resistance. On the other hand, if the price turns down from the current level and slips below $37,312.70, it will indicate that bears have not yet given up. The sellers will then try to pull the price to $35,507.01, which is an important support for the bulls to defend. If the price rebounds off this level, it will suggest that traders are buying on dips. That may increase the possibility of a break above $39,600.

BTC Reviews RealSatoshi January 19, 2022
Bitcoin price action has yet to impress in 2022, but bets are stacking up that things will soon get interesting again. Bitcoin (BTC) starts a new week facing multiple hurdles but with strong internal support — can old resistance below $50,000 finally fall? A correction event now almost in its third month is frustrating many, but conditions may soon be right for a fresh charge against opportunistic bears, an increasing number of analysts are saying. With inflation running hot and United States lawmakers set to make the Bitcoin mining debate public this week, there are plenty of potential pitfalls in store. Nonetheless, it’s beginning to feel like Bitcoin is at the point where it is capable of producing a classic surprise when the majority of the mainstream economy least expects it. Cointelegraph takes a look at five factors worth paying attention to when charting BTC price action over the coming week.

BTC Reviews l00k$_1ntere$1ng January 18, 2022
Bitcoin looks decidedly uninterested in tackling even local resistance levels as the week begins. After a rangebound weekend with little unique price action, BTC/USD is putting in lower lows on short timeframes while avoiding key zones around $44,000. With Wall Street closed for a holiday, Monday could shape up to offer more of the same before markets provide direction. Bitcoin did, however, manage to close out the week at exactly the crucial point identified by trader and analyst Rekt Capital as useful for aiding bullish momentum. “A Weekly Close above ~$43100 (black) would be a good sign of confirmation for BTC to continue higher from here,” he wrote Sunday alongside an accompanying price chart.

BTC Reviews MrBigMoney January 17, 2022
Amid questions over the absence of retail investors even after a 40% price drawdown, new data shows that the sector has in fact had little interest in Bitcoin for an entire year. Eyeing new entities appearing on the blockchain, Glassnode analyst TXMC showed just how quiet Bitcoin has really been in terms of retail adoption since January 2021. A look at the 30-day exponential moving average (EMA) of new entities coming on-chain reveals that the last major surge ended at the start of Q1 last year. Since then, despite two new all-time price highs, new entity numbers have fallen and returned to standard rates normally seen after bull cycle peaks. “Bitcoin bull/bear markets have a distinct on-chain activity profile,” TXMC explained on Twitter. “Activity wise, the last bull run ended in January 2021. It’s been quiet ever since.” The data underscores how the average investor has all but forgotten Bitcoin, even as it swept new highs and institutional activity remained strong. Interest levels from Google users have added to the trend, with search rates for “Bitcoin” worldwide at levels previously the norm in December 2020. Miners, although being far from underwater at current price levels, are also getting less income from transaction fees than at any point since late 2020 - just 1.08%. “This is an indicator that retail is not in yet... Although price is really similar to early 2021 When retail?” Twitter-based on-chain analyst Blockwise queried this weekend, presenting further Glassnode data.

BTC Reviews Know1tAll January 7, 2022
The cryptocurrency markets also got tangled up in yesterday’s massive slump in equity markets. Bitcoin’s price is crashing and traders are wondering how low the price will go. The Fed’s stance to decrease liquidity in the American economy is a negative for risky assets. Last year, due to the ultra-easy monetary policies adopted by the Fed, Bitcoin, the benchmark for digital coins, surged to new highs. However, yesterday’s drop in investor sentiment dragged down Bitcoin’s price as low as $42,505. Having said that, cryptocurrencies are supported by strong fundamentals and hence any drop in crypto prices should only be considered as an opportunity to bag some bargains. Moreover, moving onwards, investors can also benefit from increased volatility by using derivative to earn profits.

BTC Reviews RealSatoshi December 29, 2021
Bitcoin wallet addresses created in November inched toward 1 million. Retail could be right around the corner: Bitcoin wallet addresses shot up by almost 1 million in November. Could retail investors be flocking back to Bitcoin (BTC)? In encouraging signs for a bullish 2022, Glassnode data reveals that 913,000 new Bitcoin addresses were added from November to the start of December this year. In a boon for BTC, on-chain analyst On-Chain College shared insightful data regarding retail adoption and the potential beginnings of broader adoption trends. The key takeaway to round off the year is that up to 1 million new entrants joined the Bitcoin network in November. Despite bearish price action in the short term, the Twitter flood shows that the macro outlook for BTC remains sound. According to the chart, from June 2020 to December 2021, the number of wallet addresses with a balance greater than zero has trended up from 30 million wallets to a touching distance of 40 million. Glassnode describes the non-zero balance metric as the number of unique addresses holding a positive (non-zero) amount of coins. When the number trends up, new users enter the Bitcoin network. When it trends down, as visualized in the orange line on the graph from May to July this year, it shows users emptying their wallets to zero. By inference, wallet addresses’ fall is a downward price action indicator.

BTC Reviews Crypto_Bro December 24, 2021
Dormant Bitcoin wallet holding 321 BTC activated after eight years. For one reason or another, the wallet has not transacted for years despite having what is considered life-changing money. A Bitcoin wallet containing millions of dollars worth of Bitcoin (BTC) has come out of dormancy. For one reason or another, the wallet has not transacted for years despite having what is considered life-changing money. The wallet had not been used since 2013, barely a few years after the mysterious Bitcoin creator Satoshi Nakamoto disappeared. The wallet currently contains $15 million worth of BTC, and it’s unclear who owns this account or why it was reactivated on Tuesday. The wallet has 321 BTC. After eight years, the value of this amount has increased from $6,594 to a staggering $15,103,046. By now, the funds in the wallet had appreciated almost 2,300 times. The Bitcoin community is abuzz with speculation about who owns the wallet and why it has just come out of dormancy. Some believe that it could be a whale — an individual or group with a large stash of Bitcoin — who is about to make a move that will shake up the market.

BTC Reviews Klara December 22, 2021
Bitcoin, the king of cryptocurrencies, surged yesterday, mirroring the broader equity markets, as investors re-invested in risky assets. Bitcoin has been able to reclaim its position above the $49,000 mark. Previously, the price of Bitcoin dropped nearly 30% over a five-week period after reaching an all-time high of $69,000 at the beginning of November. Moving forward, we expect that the price of Bitcoin will surpass $50,000, a critical level, in January because historical data shows that the price of Bitcoin typically rises 10% in January. Having said that, investors should also keep in mind that volatility also rises significantly in January.

BTC Reviews michael_motor December 21, 2021
Bulls are back as the Bitcoin price was flirting with the 200-day SMA on the daily time frame. There is no doubt that the Bitcoin price is oversold, and we have seen an intense sell-off for the past number of weeks. But the fact that the price is bouncing back up from the 200-day SMA is positive news, but it will only remain as a positive sign if the price continues to stay above this price level. Overall, it is pretty clear that we have seen smart money taking advantage of lower prices and adding more Bitcoin in their portfolios during the past number of weeks.

BTC Reviews l00k$_1ntere$1ng December 17, 2021
There is reason to be confident in the BTC uptrend resuming at $49,000, says Decentrader’s Filbfilb. Bitcoin (BTC) traders may be experiencing some “extreme panic,” but one analyst argues that practically all the technical metrics point to price upside. Speaking to Cointelegraph on Dec. 16, Filbfilb, co-founder of trading platform Decentrader, listed more than 20 signs that bullish momentum should be next for Bitcoin. “Enough there” for a Bitcoin upside breakout BTC/USD gained with equities late Wednesday thanks to comments on policy from the United States Federal Reserve. Reaching $49,300, the pair then began to consolidate below the $49,000 mark, a point at which it remains. Sentiment, however, has yet to show any faith in the short-term future of BTC price action, with the Crypto Fear & Greed Index at just 29/100 — something Filbfilb believes is misplaced.

BTC Reviews Chappie December 16, 2021
Looking closely at the crypto sector over the last 12 months, there is no doubt that hedge funds, comprised of a more varied portfolio of digital coins, have performed remarkably better than Bitcoin. In November’s crypto slump, Bitcoin lost 6.5% of its value, while hedge funds dominated by cryptocurrencies fell nearly 2% over the same period. This phenomenon proves that a portfolio of alternative coins will very likely provide investors with superior returns compared to if they solely invested in Bitcoin. This view can also be proved by looking at just the price action of Ethereum, which surged 526% last month while Bitcoin merely jumped 100% in value.

BTC Reviews Darren December 14, 2021
It seems like the bears have taken control of crypto markets as Bitcoin, the king of cryptocurrencies, fails to breach the crucial $50,000 level and tumbled as much as 8.40% yesterday to $45,773. The drop in Bitcoin prices on Monday pushed the digital coin below its 200 days average, which is negative news for crypto enthusiasts. Similarly, Bloomberg Galaxy Crypto Index dropped about 7.40% which shows that sentiment in broader crypto markets has taken a hit. The recent price action of cryptocurrencies disputes the argument that the blockchain space has finally matured, because of which extreme volatility in markets will likely decrease moving forward. However, this does not seem to be the case. Similarly, some investors consider digital coins to be a hedge against inflation, and rising consumer prices were to some extent able to provide some support to crypto markets last week. However, crypto markets were not able to sustain the rally.

BTC Reviews Markus December 13, 2021
Beijing conducted its biggest crackdown on cryptocurrencies this year, forcing the largest migration of crypto miners from China to the United States. Investors should be aware that hash rate is a measure of the computing power consumed by miners on the Bitcoin network. When the ban on crypto mining was imposed by Chinese officials, the hash rate dropped nearly 50%, and hence the blockchain space took a huge hit. However, at that time, no one could project that Bitcoin mining would recover in merely five months. Previously, mining in China constituted between 65% and 75% of global mining. Miners have been successful in swiftly shifting their operations to North America. The most important lesson to be taken from this development is that the future outlook of digital coins remains positive, as can be seen from the blockchain space not only surviving but rather thriving even after facing its biggest stress test.

BTC Reviews Marku$ December 9, 2021
Over the past 12 months, interest in the blockchain space has been rapidly rising, and to assist new businesses wanting to understand and enter into the crypto arena, Visa is starting a crypto advisory practice. The main agenda for the department will be to help companies and financial institutions to capture and retain consumers who are interested in crypto services and NFTs, and to aid central banks to explore digital currencies for their nations. This is a good initiative taken by Visa because, according to a survey, 18% of participants will likely shift their main bank to one that offers crypto-related services in the next 12 months. To retain these consumers, consultants at Visa will help their clients gauge potential opportunities aligned to their needs and plan effective execution of products like crypto reward programmes and digital wallets.

BTC Reviews Samm December 7, 2021
Investors should understand that there is a clear positive correlation between broader stock markets and crypto markets, as evidenced by the price of digital coins over the last few days. Cryptocurrency prices fell in tandem with stock market indices. This occurred despite the fact that cryptocurrencies are regarded as a potential alternative to gold and a hedge against inflation. As a result, the price of Bitcoin fell below the critical $50,000 mark. However, since then, investor sentiment has improved, and major stock market indices have recovered. Similarly, the price of Bitcoin has also been able to surpass $50,000, which is very encouraging for the blockchain space as we approach the end of 2021.

BTC Reviews l00k$_1ntere$1ng December 3, 2021
In the crypto space, we think that Bitcoin prices are likely to move higher, and the coming weekend will be an important one once again as the price tends to move higher over the weekend. As for the second biggest coin by market cap, Ethereum. It is highly likely that the price may test the 5K price level, and that may open the door for the price to retest its all-time high, which matters the most. As for Bitcoin, the price level which matters the most is 60K. BTC has tested the 54K price level a few times now, and if the positive momentum continues to support the price action, we could be looking at a healthy weekend for cryptos.

BTC Reviews ValdisP December 1, 2021
Following the Omicron news and the Fed Chair indicating the speed up of tapering, prices of cryptocurrencies have also taken a beating, with Bitcoin, the king of cryptocurrencies, currently trading around $57,200 after falling from unprecedented highs. However, investors should note that the second largest digital coin, Ethereum, is outperforming Bitcoin since its launch in 2015. Since December, Ethereum has gained about 530% compared to Bitcoin, which has doubled in the same period. However, it is important to note that Bitcoin’s valuation is still nearly twice that of Ethereum. The distinguishing factor between the two digital coins is that Ether is more positively correlated with sectors growing in the blockchain space, such as decentralised finance and non-fungible tokens. On the other hand, the price action of Bitcoin is more closely linked to inflation and currency trends around the world.

BTC Reviews Georggge November 29, 2021
Bitcoin, the king of cryptocurrencies, was no exception to the drop in values seen in financial markets. Following the news, Bitcoin was nearly 20% lower than its all-time high of $69,000. However, over the weekend, Bitcoin was able to recover some of its lost territory and has climbed to around $57,300. On the other hand, adoption of cryptocurrencies is on the rise. Thailand is the latest nation to declare that it is working to somehow use wealth generated by crypto millionaires to fuel its tourism sector, which has been severely impacted by the coronavirus pandemic. It is estimated that nearly $80 billion in revenue has been lost over the pandemic era. Thailand’s tourism authority is coordinating with a local crypto exchange and national regulators to find ways to accept digital coins as payment for travel and other services. The idea is to ease restrictions and make it easy for consumers to use and spend cryptocurrencies. However, the development in this area is likely to take time until a framework is established, and widespread acceptance of these digital tokens is achieved.

BTC Reviews Ge0rge November 23, 2021
Whales reposition their BTC buy bids higher as price action appears to bore those seeking a continuation of the Bitcoin bull market. Bitcoin (BTC) showed no sign of tackling $60,000 resistance on Nov. 23 as the specter of defunct exchange Mt. Gox returned to haunt price action. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD again reversing progress which had produced a local high above $59,500 Monday. The return towards $55,000 came as the latest events in the Mt. Gox rehabilitation process, originally published Nov. 16, began to hit the media. In an announcement, trustee Nobuaki Kobayashi confirmed that the plans had now become "final and binding," with the implication that the 141,000 BTC under custody would soon be distributed. "The Rehabilitation Trustee will then make repayments to rehabilitation creditors holding allowed rehabilitation claims in accordance with the Rehabilitation Plan," it states. "An announcement will be made to rehabilitation creditors on the details of the specific timing, procedures, and amount of such repayments."

* Crypto Rating accepts no liability for content of the Bitcoin reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 82.8% 27 $63 464.16 -4.40% 2.09% $1 249 609 254 284 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72% 50 $3 111.33 -4.92% 2.96% $379 732 070 134 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $0.999507 -0.09% -0.11% $110 409 078 951 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 83.6% 19 $606.03 -0.72% 11.89% $89 443 047 064 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 68.4% 71 $143.73 -9.44% 7.83% $64 254 007 873 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 93.6% 2 $0.999988 -0.01% 0% $33 434 777 875 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 72% 62 $0.516465 -4.83% 5.07% $28 472 296 020 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 67.6% 60 $0.149139 -7.77% 2.03% $21 480 346 979 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 66.4% 66 $5.24 -8.88% -14.53% $18 180 891 079 TON 7 days price change
10 Cardano (ADA) ADA Cardano predictions 64% 72 $0.466880 -6.14% 4.60% $16 636 752 951 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 60.8% 82 $0.000025 -8.68% 12.38% $14 632 939 280 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 68% 68 $34.91 -10.17% 1.85% $13 196 565 753 AVAX 7 days price change
13 Lido stETH (STETH) STETH Lido stETH predictions 95.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 88% 19 $0.115485 1.40% 6.36% $10 113 406 740 WTRX 7 days price change
15 TRON (TRX) TRX TRON predictions 85.6% 21 $0.115421 1.40% 6.64% $10 107 809 147 TRX 7 days price change

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