Bitcoin Analysis – Page 13

Amid rising stablecoin inflow, cautious traders fear a dead cat bounce

Strong hands accumulated Bitcoin throughout last week’s historic correction but BTC’s inability to reclaim the $40,000 level has some traders afraid of a dead cat bounce.

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Will Woo doesn’t think Bitcoin’s overall upward run has ended

Popular Bitcoin analyst Willy Woo noted a few signs and symptoms indicating the BTC bull run still has some juice left.

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Exchange inflows, on-chain data show retail traders fueled Bitcoin’s selloff

Whale wallet activity and exchange inflows indicate that the recent market sell-off was driven by retail traders, while institutional investors gladly bought the dip.

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Bitcoin is not an inflation hedge, Bitcoin skeptic claims

Nassim Taleb persists in his belief that Bitcoin is not a good hedge against inflation.

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Analysts say $60K Bitcoin price signals BTC has ample ‘room to run’

Analysts say Bitcoin whale wallet accumulation and persistent dip-buying by institutional investors signal that BTC price has plenty of room to appreciate.

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Bitcoin’s next top could be between $75K and $306K, Kraken research suggests

A reading of the historical data paints a promising picture for Bitcoin’s potential growth in 2021.

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Bitcoin: correction is the time to buy

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex After updating its all-time high once again at $58,350, BTC/USD has started a deep correction. A lot of traders, who bought the asset at the top, are now at a disadvantage because the slump covered over $13,000. However, investors recommend to buy at the time of significant declines, that’s why the current correction may be considered as another attractive chance to enter the cryptocurrency market. In the daily chart, the cryptocurrency has tested the fast Moving Average. Earlier, during a strong bearish correction when the price fell to $28,620, there was also a tight

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