Bitcoin Mining Difficulty Hasn’t Done This Since 2018 $3K BTC Bottom
Difficulty is copying its $3,100 bear market behavior in a move that set the scene for a bull run to $14,000. Go to Source Powered by WPeMatico
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Three Arrows Capital CEO: ‘Bart Simpson’ Patterns are Here to Stay
Speaking to the Coinist Podcast on June 4, CEO Su Zhu said he believes the Bitcoin price pattern that we saw on June 1 is likely to repeat. Go to Source Powered by WPeMatico
Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg
Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.” Bloomberg points to quantitative easing and the coronavirus pandemic as the fuel behind bitcoin’s maturity, particularly when benchmarked … Read more
What’s Happening in Crypto Markets Right Now? Join Live TA From Big Cheds & Korean Jew Trading
Wondering what’s happening in crypto markets right now? Join live TA with traders Big Cheds and Korean Jew Trading. Go to Source Powered by WPeMatico
Bitcoin Trader Axes 4-Year Bull Cycle Forecast After $10K ‘Triple Top’
The price of Bitcoin is at risk of falling to $6,000, a prominent trader known as Pentarhudi warns after a 14% price drop. Go to Source Powered by WPeMatico
CME Data Shows Institutional Investors Undeterred by Bitcoin Price Drop
This week Bitcoin price corrected sharply after rejecting at $10,400 but CME BTC futures data shows institutions remain bullish. Go to Source Powered by WPeMatico
Top Traders Debate Future of BTC After Bitcoin Price Drops to $8.6K
The price of Bitcoin abruptly dropped to $8,600 in less than five minutes on June 1, and top crypto traders are split on the direction it will go. Go to Source Powered by WPeMatico
Jinxed it? Indicator Bets Bitcoin Won’t Fall Below $10K After August
Lowest price forward claims that after August this year, Bitcoin will never trade below five figures again. Go to Source Powered by WPeMatico
Be Short After $10.3K Bitcoin Price ‘Head Fake,’ Veteran Trader Warns
A brief breakout into bullish territory for BTC/USD was a red herring, says John Bollinger, who is urging “caution” among traders. Go to Source Powered by WPeMatico
Massive Bitcoin Plunge Nothing More Than Traders Being Traders, OKCoin Exec Says
Bitcoin’s recent price dive may have been nothing more than the result of standard trading activities. Go to Source Powered by WPeMatico