About Cole Petersen

Bitcoin Trades Flat as Short Positions and Selling Volume Decline

Bitcoin bulls have been ardently defending the $4,000 price level over the past several days, although they have not gained enough upwards momentum to propel Bitcoin’s price any higher. Despite not maintaining any significant upwards momentum, it is important to...

Data Suggests That Bitcoin Is Seeing Increasingly Bullish Sentiment

Although many investors and analysts alike were disappointed that Bitcoin and the overall cryptocurrency markets did not end 2018 on a high note, the markets may be seeing increasingly bullish sentiment from traders and investors alike, according to new data....

Report: Bitcoin Mining Equipment Manufacturer Canaan is Considering U.S. IPO

China’s number-two Bitcoin mining equipment manufacturer, Canaan, is reportedly considering an initial public offering (IPO) in the United States. The new development comes after the company shelved plans to go public in Hong Kong just a few months ago. Although...

Bitcoin Could be Nearing Bull Territory as Technical Indicator Turns Positive

Ever since Bitcoin touched the low-$3,000 region in mid-December, its price has been gradually increasing and just yesterday broke above the $4,000 price level for the first time in a couple of weeks. Bitcoin’s relatively positive price action since it...

Crypto Markets Trade Mixed Following Yesterday’s Surge, Bitcoin Stays Above $4,000

Following yesterday’s crypto market surge that sent multiple cryptocurrencies up 3% or more, most altcoins are now trading flat, with Bitcoin managing to stabilize above $4,000. Although the majority of altcoins are presently trading sideways, Ethereum, Bitcoin Cash, and other...

Bitcoin Breaks Above $4,000 Amidst Widespread Crypto Surge

The cryptocurrency markets have been able to maintain their upwards momentum and Bitcoin has now broken above its resistance level that was previously set around $3,900. Bitcoin’s upwards move has sent the overall markets surging. Although Bitcoin is showing signs of...

Prominent Analyst Claims Bitcoin Could be Very Close to Long-Term Bottom

Following yesterday’s market surge most cryptocurrencies have continued to rise, and Bitcoin has now surged above $4,000. Whether or not the markets can extend their upwards momentum long-term is very important for reversing the persisting bear market. The past few...