The price of Bitcoin is at risk of falling below $10,000 if a crucial support level fails to hold. As the price of Bitcoin (BTC) couldn’t break through the resistance level of $12,000, a retracement did not come as a surprise. In recent days, BTC/USD pulled back to $11,400, a correction of almost 10%. Crypto […]
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The crypto market as a whole has made tremendous strides monetarily, even though Bitcoin’s price has so far failed to meet the lofty expectations. As whispers of Bitcoin’s (BTC) promised financial breakthrough failing to materialize over the last few months have continued to garner steam, the price of the premier crypto asset recently surged above […]
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Bitcoin’s macro bullish trend remains intact even after data show Chinese investors moved $50 billion in crypto to overseas addresses in the past 12 months. New data from Chainalysis shows Chinese investors reportedly used Tether (USDT) to move nearly $50 billion overseas. This has led some crypto investors to question whether or not Bitcoin price […]
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Bitcoin and several altcoins have formed bearish divergences, which suggests that the bullish momentum has weakened. Rich Dad Poor Dad author Robert Kiyosaki believes that Warren Buffet’s recent closure of his bank stock positions is a warning sign that the world might be starting a “major banking crisis.” Therefore, Kiyosaki suggests traders buy safe haven […]
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Tokenized portfolios are increasing in popularity — but how do they work, and what’s in it for traders who launch them? We asked an expert. Tokenized portfolios are gaining momentum as an effective way for everyday consumers to gain exposure to major cryptocurrencies without owning them directly. Instead, they own shares in a fund in […]
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The price of Bitcoin has surged by 50% to 128% against global currencies since early 2020 and analysts believe the trend could continue. Data from a pseudonymous analyst compared the performance of Bitcoin (BTC) against global currencies since the start of 2020. The data shows that BTC has increased by anywhere between 50% to 128% […]
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Derivatives data and other key metrics show pro traders remain strongly bullish on Bitcoin despite the recent rejection at $12.4K. Bitcoin’s (BTC) recent rejection at $12,400 triggered $234 million in futures contract liquidations across derivatives exchanges. Despite a 30% rally in the past 30 days, maintaining the $11,700 level as support is undecided. Bitcoin hasn’t […]
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A look at the difference between halving cycle highs, lows and halving prices delivers huge BTC price targets which their creator cautions are “hopium.” Bitcoin (BTC) needs to hit $340,000 just to match its performance from its last halving cycle, data shows. In a Twitter series on Aug. 20, popular statistics resource ChartsBTC noted that […]
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Bitcoin and the altcoins continue to correct but lower levels are likely to attract buyers as the bullish macro trend has not changed. Bloomberg Intelligence senior strategist Mike McGlone is bullish on Bitcoin (BTC) as he believes that “something unexpected needs to happen for Bitcoin’s price to stop doing what it’s been doing for most […]
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The price of Bitcoin has failed to turn $12,000 into a new support level, which may result in more downside for BTC in the near term. The price of Bitcoin (BTC) broke through the resistance level of $12,000, which led to a new yearly high for the number-one cryptocurrency by market capitalization. However, the breakout […]
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