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Altcoins are About to See a “Capital Rotation” Event as Bitcoin Rally Heats Up

Altcoins are currently lagging far behind Bitcoin, which is in the process of showing the markets why it is king The benchmark cryptocurrency’s rally has provided tailwinds for other altcoins, but they have yet to reach parity with the momentum currently being seen by BTC One trader spoke about this in a recent tweet, explaining that he is now watching for there to be a capital rotation event out of Bitcoin and into altcoins He […] дальше »

2020-12-18 01:00


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Bitcoin Likely to See Price Discovery in 2021; Analysts Foresee Local Top

Bitcoin is officially in full parabolic rally mode, with the cryptocurrency’s recent break above $20,000 giving way for it to see a massive rise Its price rallied as high as $23,700 overnight before facing a steep rejection that sent it spiraling down to lows of $22,400 The buying pressure here was intense, and has since allowed it to rally higher It is important to note that although the crypto did face a rejection, it is […] дальше »

2020-12-18 21:00


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Bitcoin (BTC) price hits fresh record highs as analysts predict continued demand

Bitcoin (BTC) price hit a new all-time high on Wednesday, breaking above the $20,000 mark and reaching as high as $23,777. Fundamental analysis: High demand Bitcoin’s rally this year is different from its previous ones, according to many experts, as this time it was fueled by surging institutional adoption and coronavirus-induced circumstances. дальше »

2020-12-18 17:33


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Ethereum Breaks Out of Bullish Triangle as CME Futures Listing Boosts Price

Ethereum saw a massive rally today that has allowed its price to firmly break above $600, which has long been a resistance level Following the break above this resistance, the cryptocurrency rallied as high as $630 before its rally got overextended and resulted in it retracing down towards $615 It is recovering from this pullback, but the price just above where it is currently trading at may persist as a strong resistance level in the […] дальше »

2020-12-17 00:00


Bitcoin Is ‘Mainstream Instead of Fringe Investment’ – Charles Schwab VP

Frederick is the Vice President of Trading and Derivatives at the Schwab Center for Financial Research. He appeared on a Yahoo Finance segment on Wednesday, December 16. Apart from some standard questions surrounding equities and the ongoing Federal Open Market Committee meeting, Frederick couldn’t escape a take on the current BTC rally. дальше »

2020-12-17 23:03


Bitcoin Most Crowded Trade After Long Tech and Short US Dollar: Bank of America (BOA) Survey

Bitcoin’s over 170% YTD rally has everyone rushing in, which makes it one of the most crowded trades of December 2020, according to Bank of America (BOA). The investment banking giant revealed its latest survey findings, according to which about 15% of fund managers with $534 billion under management said Bitcoin is the third-most crowded […] The post Bitcoin Most Crowded Trade After Long Tech and Short US Dollar: Bank of America (BOA) Survey first appeared on BitcoinExchangeGuide. дальше »

2020-12-17 20:25


Genesis Report Shows Investors’ Varying Views on Bitcoin’s Value By 2030

Much has been said about Bitcoin and its recent price rally. The asset's performance has drawn praise and criticism alike, with multiple speculations floating around on what could happen soon. While proponents believe this is the beginning of a march towards a six-figure valuation, detractors claim that it is just another bubble waiting to drag […] The post Genesis Report Shows Investors’ Varying Views on Bitcoin’s Value By 2030 first appeared on BitcoinExchangeGuide. дальше »

2020-12-16 23:32


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Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […] дальше »

2020-12-15 23:00