GBTC premium stays negative, suggests Bitcoin price sentiment still low?
GBTC premium stays negative for over three months as its holdings decline gradually, while BTC price struggles around the $37,000 mark. Go to Source Powered by WPeMatico
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Bitcoin 2021: Here’s a live update of the biggest movers and shakers of Day 2
The largest-ever Bitcoin conference continued on Saturday. Here’s a rundown of what you may have missed. Go to Source Powered by WPeMatico
Forecasting Bitcoin price using quantitative models, Part 3
To understand where the value of Bitcoin is headed, we need to study the adoption rate of cryptocurrencies in the world. Go to Source Powered by WPeMatico
Bitcoin drops below $36K as century-old financial model predicts big BTC crash
A push to $40,000-$42,000 won’t protect Bitcoin from risks of undergoing a major price decline later, suggests a century-old price prediction model created by technical analyst titan Richard Wyckoff. Go to Source Powered by WPeMatico
When will Elon Musk’s influence on Bitcoin end?
Even if the billionaire doesn’t give up his new toy willingly, it may soon slip through his fingers anyway. Go to Source Powered by WPeMatico
Bitcoin price slumps $2K on Musk’s ‘in the end’ tweets
Elon Musk continues playing with the crypto Twitter, causing more rage in the community. Go to Source Powered by WPeMatico
Here’s 3 ways the relative strength index (RSI) can be used as a sell signal
Bearish divergences and overbought conditions on the RSI are signals traders can look for when considering whether to close a position. Go to Source Powered by WPeMatico
‘Discounted’ Bitcoin more likely to hit $100K than $20K in 2021, says Bloomberg analyst
“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone. Go to Source Powered by WPeMatico
Analyst says Bitcoin could see ‘a smaller drawdown and a quicker bottom’
Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.” Go to Source Powered by WPeMatico
Altcoins and DeFi tokens breakout as Bitcoin price nears a key resistance
DOGE, KNC and KAVA are just a few of the altcoins that posted double-digit gains as Bitcoin and Ethereum price rallied to key overhead resistance levels. Go to Source Powered by WPeMatico