Bitcoin price has pulled back from its $14,100 all-time high, but there are five signs that the real rally is only just beginning.

The price of Bitcoin (BTC) has pulled back substantially since its yearly high at $14,149 a few days ago. Yet, there are five signs that the real rally is only just starting.

Rising “HODLing” activity, record-high fundamentals, low retail interest, higher time frame breakout, and technical indicators indicate a stronger bull run.

5 signs Bitcoin rally is real and indicates strong bull run

1.Higher time frame breakout

Bitcoin has dropped over 6% from its local peak at over $14,000, a level it hasn’t tested since 2017.

But on the weekly and monthly time frames, it recorded a clear breakout. It saw its weekly and monthly candles close above $13,000 for the first time in nearly three years. …


Influential investor Raoul Pal says the best trade he’s ever found is bitcoin (BTC-INR), which he’s described as “a call option on the future” and “the world’s most pristine reserve asset.”

In a recent interview on Yahoo Finance, Pal said that the central banks' move toward digital currencies is “literally the biggest story” in his career.

Investors like Pal don’t want to compete against central banks, but aim to create “a digital world,” Pal said, underscoring that despite big reservations, policymakers don’t appear to want to ban crypto completely.

“They understand the technology is out of the bottle. The genie is out of the bottle,” the investor said. “There’s nothing you can do about it. …


Image for post
Image for post

Have You Ever Considered Making Money Online?

Sanvi Gowda of Mumbai was tired of thinking all the time that if the next paycheck was coming. Life appeared to be just a succession of bills and concerned with how to pay them. One late night while browsing the internet, curiosity got the better of her and she decided to take a look at making money online. Her long hours of research paid off, and she found a secret system that would help her make a break in her life. She was eventually able to take care of her three children while staying at home with them.

Last month, I read Sanvi ‘s blog and decided to include her story here. She told me her wonderful story in our phone interview. “I essentially make around Rs. 240,000 (approximately USD 3.5k) per month online. It’s enough to comfortably replace the income of my old jobs, particularly given that I hardly work at all.” …


Image for post
Image for post

Bitcoin price is up over 13% in last 24 hours breaking all the resistance hurdles near $20,000 and $22,000 against the US Dollar and INR. BTC is showing strong bullish signs and it could continue to rise up and above $27000.

  • Bitcoin started a strong surge after it cleared the $19,800 and $20,000 resistance levels.
  • The price is currently well above the $22,210 level and the 100 hourly simple moving average.
  • There was a break above a couple of bullish continuation patterns near $19,754 and $20,900 on the hourly chart of the BTC/USD pair (data feed from BuyUcoin).
  • The pair could correct lower, but downsides might find support near $21,700 or $21,350. …

Bitcoin price is on a run to set a new record all time high due to 4 reasons

Earlier today Bitcoin Price (BTC) hit $19,436 in INR on BuyUcoin for the first time in nearly three years. BTC is on track to set a record all time high following the breakout in the near future for four significant reasons.

The major factors backing this new record are growing institutional demand, reduced selling pressure, a spot-driven market rally, and the significance of the $20,000 resistance breach.

Image for post
Image for post
BTC/INR 1 D Chart. Source TradingView.com

For Bitcoin hodlers to sell, they need to first deposit BTC to exchanges. When BTC exchange reserves drop, it often indicates that there is low sell-side pressure in the market. …


Diwali is a festival of lights, colors, and some fireworks. Companies are making extra efforts, and crypto exchanges are no exclusions offering ways to get new users this Diwali by providing giveaways or contests for free bitcoin up for grabs.

The number of Bitcoin wallets has soared to an all-time high, and demand for Crypto Trading has just increased manifold.

At present, the 3 Crypto exchanges in action for promoting Bitcoin are WazirX, BuyUcoin, and CoinDCX.

Top 3 Free Bitcoin offers in India 2020

1. BuyUcoin — BitcoinWaliDiwali

Image for post
Image for post

As part of Promotion this Diwali, BuyUcoin a premier exchange in India is running offers for users to claim free Bitcoin this Diwali. …


It is no wonder, Bitcoin Adoption in India surges this Diwali yet again with a 2-year record high. This is growing post-RBI removed blanket Ban for Crypto Exchanges in India. Festivals have a huge impact on purchase decisions. Since Covid is making people stay at home, but it is not stopping people in India to invest in Bitcoin this Diwali.

According to a recent Screenshot at an Indian Crypto Merchant BuyUcoin, the price traded for Bitcoin crossed BTC-INR Rs 11,72,531.61 which is in Bitcoin USD price $15,864. In a recent interview, an executive at the crypto exchange mentioned an all-time high of 12,000+ new signups in a Day. …


If you have come here, I would like to tell you with an experience that Bitcoin will not go up to your expectations (+$20K), and the price prediction here will be true and best.

In this feature, I will be giving analysis for 5 Top Coins, viz BTC, ETH, XRP, LTC, BCH for short term price prediction. Tired of seeing posts for Bitcoin touching 100K.

You can always let me know in the comments what are your favorite coins and I will give you honest and only real price predictions. …


Image for post
Image for post

Sanvi Gowda of Mumbai was tired of thinking all the time that if the next paycheck was coming. Life appeared to be just a succession of bills and concerned with how to pay them. One late night while browsing the internet, curiosity got the better of her and she decided to take a look at making money online. Her long hours of research paid off, and she found a secret system that would help her make a break in her life and earn money online. …

About

Paras Babbar

Marketing Consultant | Content Marketing | Digital Marketing | Branding | ICO | STO | Blockchain

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store