Bitcoin dips below $47K but one trader is eyeing ‘solid risk/reward’ for longing BTC now
Short-term profit opportunities are there, but so are concerns over a “panic” sell-off still absent from BTC price charts. Go to Source Powered by WPeMatico
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‘Net neutral’ — Rising Bitcoin exchange balances could be due to Huobi Chinese user block
Binance may be seeing Bitcoin inflows, but overall, movements among major exchanges appear to cancel each other out, fresh data shows. Go to Source Powered by WPeMatico
Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021
A Christmas party for stocks masks “a massive amount of weakness,” one commentator warns, as Bitcoin sentiment votes with its feet. Go to Source Powered by WPeMatico
Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021
It’s “younger” BTC bought at the Summer $30,000 lows that’s moving in Q4, data shows. Go to Source Powered by WPeMatico
Billionaire Ray Dalio Sees Limitation on Bitcoin’s Price, Doubts BTC Can Reach $1 Million
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s not possible for the price of bitcoin to reach a very high number, such as $1 million. He explained: “Logically … there’s a limitation on its price in relationship to other things like it.” Ray Dalio on Where the Price … Read more
Bitcoin rises above $51K as the dollar flexes muscles against the euro
Bitcoin regained its bullish bias after reclaiming $50,000 ahead of the yearly close, even its safe-haven rival, the U.S dollar, signaled continued upside strength in the coming sessions. Go to Source Powered by WPeMatico
Countdown to the yearly close: 5 things to watch in Bitcoin this week
Things may be calmer than expected as 2021 ends, but the chances for “face-melting” green candles are still there, say analysts. Go to Source Powered by WPeMatico
Bitcoin slips under $50K amid warning ‘new player’ Binance whale is pressuring BTC price
What appears to be a “new player” starts flipping $50,000 to resistance after some brief Christmas cheer for Bitcoin bulls. Go to Source Powered by WPeMatico
Bitcoin battles bears ‘on offense’ as Christmas delivers a $50K BTC gift
It’s not all doom and gloom for Bitcoin bulls this year — gains are still 100% versus last Christmas. Go to Source Powered by WPeMatico
Bitcoin needs to clear $51K to reduce the chance of new sell-off from BTC whales
Analysis warns that large-volume transactions are hitting exchanges as BTC price action improves. Go to Source Powered by WPeMatico
