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The pseudo-anonymous bitcoin analyst called Plan B gave his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) bitcoin price model. Plan B stressed on August 27, that the “next months will be key” as he believes the bitcoin S2F model “predicts $100K by Christmas.” ‘$100K by Xmas’ Plan B is a popular figure … Read more
The final hurdle for Bitcoin bulls this week could still cancel out recent losses if downward BTC pressure stays away. Go to Source Powered by WPeMatico
It’s bullishness all round except for the U.S. dollar after Fed Chair Jerome Powell’s latest speech, as Bitcoin gains $1,400 in under an hour. Go to Source Powered by WPeMatico
It’s an end-of-month showdown for potential Bitcoin price triggers Friday as the Federal Reserve takes to the international stage. Go to Source Powered by WPeMatico
What was once a major bearish narrative exits via the tradesman’s entrance after failing to have any impact on Bitcoin markets. Go to Source Powered by WPeMatico
The bounce back above $48,000 is not a definitive sign that a correction is over, analysts warn. Go to Source Powered by WPeMatico
It could take $44,000 or $40,600 before Bitcoin bulls take back control in what is nevertheless a welcome correction for BTC/USD. Go to Source Powered by WPeMatico
Bitcoin “doesn’t owe you any pullbacks” from current levels, one analyst argues as stability returns to crypto markets. Go to Source Powered by WPeMatico
Bitcoin’s price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons. Go to Source Powered by WPeMatico
Long-dated US Treasury yields are slumping ahead of the Jackson Hole meeting. Go to Source Powered by WPeMatico