Why Bitcoin could still drop to $8,500 despite the bullish trend

2019-8-27 22:35

The Bitcoin markets experienced extreme levels of fear, with the Crypto Fear and Greed Index reaching a historic all-time low. As BTC hovers around $10,000 traders claim it should be taken as a buying opportunity.

Meanwhile, a handful of respected traders first believe a dip to $8,500 is more likely. The bear-case for Bitcoin’s future […]

The post Why Bitcoin could still drop to $8,500 despite the bullish trend appeared first on CryptoSlate.

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Crypto Community Fears Centralization As MicroStrategy’s Bitcoin Holdings Hit 132,500 BTC

A trove of mixed feelings trailed the crypto community as one of its foremost Bitcoin evangelists, Michael Saylor, announced an additional purchase of 2,500 BTCs. In a tweet yesterday afternoon, Saylor disclosed that his company had gone Bitcoin shopping over the last seven weeks at a price of approximately $16,500 per BTC, bringing the company’s […]

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