Bitcoin bull cycle gaining steam: Whale cluster at $13K is now a support zone
Data from Whalemap shows $13,000 is turning into a BTC whale support as the price of Bitcoin hovers above $13,600. Go to Source Powered by WPeMatico
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3 reasons Bitcoin suddenly dropped 3% in 1 hour and recovered
The price of Bitcoin abruptly dropped over 3% in under an hour after surging to $13,350, but its high time frame log charts remain highly optimistic. Go to Source Powered by WPeMatico
Bitcoin breaking through $12K is huge but don’t expect higher prices before 2021
Bitcoin price may now see sideways action for a few months after breaking through crucial multi-year resistance at $12,000. Go to Source Powered by WPeMatico
‘Oracle’ Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 Days
Four years ago, Vinny Lingham predicted bitcoin’s bull run and a number of bitcoiners have referred to him as the “oracle.” On Twitter, Lingham is once again giving his predictions on bitcoin’s future prices. He’s also noted this month that he’s “bullish on bitcoin” and hasn’t felt this way since 2016. The former CEO of … Read more
Bitcoin whale clusters pinpoint 3 key levels for BTC price rally to continue
New data from Whalemap reveals three whale clusters around $12K that should act as support and resistance areas for Bitcoin price in the short term. Go to Source Powered by WPeMatico
Bitcoin top signal from 2017 reappears, but here’s why it may not matter this time
The price of Bitcoin rose to $20,000 in 2017 and crashed. According to Glassnode, the same top signal has emerged, but this time feels different for several reasons. Go to Source Powered by WPeMatico
Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range
The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash per second (EH/s). As of … Read more
Bitcoin FUD and negative social sentiment typically precede a bounce
Social media sentiment for Bitcoin has slumped to two year lows which is good for those wanting to go against the crowd. Go to Source Powered by WPeMatico
72% of Investors Will Hold Bitcoin Even if Price Falls to $0
A new poll finds that 72% of bitcoin investors are bullish about the cryptocurrency and will hold onto it even if the price somehow falls to zero. A total of 22,635 votes were gathered for this survey. Most Bitcoin Investors Would Hodl Regardless of the Price Twitter user Plan B, known for his stock-to-flow price … Read more
Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser
Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually test $100,000. But not before some correction. “$28,000 is in … Read more
