At the time of this writing, Bitcoin is trading at $7,230 with $32.46B volume and a $132.56B market cap after trading below $7,000.00 for most of the past week. Those who have been “long the dip” when it hit the $4,000’s market have already almost doubled their money. The question remains to be seen as…
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With the stablecoin market remaining at record-high levels for well over a month, more analysts are taking it as a sign that crypto traders have not given up on higher prices, but are simply waiting for an opportunity to enter bitcoin and other digital assets once again. As reported, many crypto investors sought refuge in…
The U.S. Federal Reserve could be the surprising suspect that gives Bitcoin a serious price boost in the months and years ahead. Although the central bank may not directly help the benchmark cryptocurrency, their actions to save the U.S. equities market from seeing a full meltdown appear to be working, leading some analysts to note…
Since the $3,700 bottom seen in the middle of March, Bitcoin has rocketed higher, rallying as high as $7,470 in an impressive fashion. While impressive, the cryptocurrency is not yet in a full-blown bull run, with there existing a confluence of resistance overhead the BTC price, analysts are gaining confidence a bull run is near….
That was a crazy day for the price of Bitcoin. Some would say it’s an ordinary day, but as we wrote here in yesterday’s price analysis, after sideways action in a tight range, the primary cryptocurrency had exploded. After trading for the last few days between $6800 – $7000, it first started with a deep…
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In the time since Bitcoin faced what appeared to be a dire rejection at $7,200 just a couple of days ago, the cryptocurrency has shown some signs of overt strength as its bulls attempt to push it higher. Its ability to recapture its support at $6,800 overnight has been one slightly bullish sign flashed by…
One of most public and profitable crypto whales around says he’s waiting for a single Bitcoin signal to prove the leading cryptocurrency is ready to begin a new long-term bull run. The pseudonymous trader, Joe007, earned $20 million in realized profits on Bitfinex between February and March. At this point, he says high volatility in…
Pantera Capital co-founder and chief executive Dan Morehead says he believes Bitcoin will explode in a matter of months. In a new episode of What Bitcoin Did, Morehead says he expects central banks to steadily debase fiat currencies in response to the coronavirus crisis, leaving investors to seek alternative assets with a fixed monetary supply….