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Analyst: Bitcoin Rally is Losing Steam as Key Factors Forecast a Drop

Bitcoin has been caught within the throes of a wild uptrend throughout the past few weeks, with each dip being aggressively bought This has allowed it to see fairly steady gains, with sellers being unable to gain any real control over its price action Just today, the crypto set fresh all-time highs as its price rallied past $25,000, and it is showing few signs of slowing down anytime soon One trader explained in a recent […] дальше »

2020-12-27 21:00

These Key Factors All Point to an Imminent Bitcoin Rally: Analyst Claims

It has been a turbulent past day for the crypto markets, with Ethereum and most other major digital assets all seeing intense selloffs yesterday Bitcoin was able to avoid seeing any intense decline, with buyers ardently defending its price from breaking below $23,000 The buying pressure here has proven to be quite intense and may continue bolstering its price action for the days and weeks to come One analyst is also noting that its mid-term […] дальше »

2020-12-27 21:00

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Recent Bitcoin Transaction Shines Light on Institutional Accumulation Trend

Bitcoin’s price has been fairly stable below $24,000, with sellers being unable to firmly degrade its strength despite the weakness seen across altcoins BTC’s dominance has been rising rapidly as it sucks the oxygen out of the room, with analysts widely targeting continued strength against altcoins However, Bitcoin still has some major hurdles in its path that may continue hampering its growth and stopping it from seeing any massive uptrend This includes the massive resistance […] дальше »

2020-12-24 21:00

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Why the Bitcoin Correction Everyone is Waiting for May Take Some Time

Bitcoin has navigated higher following a brief period of immense weakness yesterday, with the cryptocurrency now pushing above the $23,000 region once again Where the entire market trends in the mid-term should depend largely on where ETH and BTC trend next, as they both have been holding firm guidance over altcoins Many investors and analysts have voiced the opinion that Bitcoin will see a strong and swift correction down towards the $19,000 region at some […] дальше »

2020-12-23 21:00

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This Coinbase Trend Could Signal Another Bitcoin Rally is Imminent

Bitcoin’s price is inching higher this morning following a bout of weakness seen yesterday Its present strength comes as the entire market moves higher, with bulls gaining a serious edge over the cryptocurrency’s price action Twitter activity from prominent figures like Elon Musk and others have also boosted the cryptocurrency, sending its price rocketing back towards $24,000 It remains unclear as to whether or not this will be enough to boost the crypto in the […] дальше »

2020-12-21 22:00

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Bitcoin Rallies Towards $24,000 as Market-Wide Uptrend Continues

Bitcoin saw a massive surge higher earlier today that allowed it to break above $24,000 for the first time Where the aggregated crypto market trends in the mid-term may depend largely on whether or not buyers can flip $24,000 into a support level It does appear that the selling pressure just above here is quite intense and may cause it to see continued weakness One trader is now pointing to the resistance just above where […] дальше »

2020-12-20 21:09

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Goldman Sachs On Why Bitcoin And Gold Can Coexist

Leading global investment bank and financial services provider Goldman Sachs said that Bitcoin’s spectacular rally in 2020 will not affect major assets in the traditional market such as gold. In a note to investors, Goldman Sachs reportedly asserted that Bitcoin poses no real threat to Gold, as many international investors continue to cut their investments […] дальше »

2020-12-20 19:56