United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold.
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United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold.
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Pierce and Lee believe that Bitcoin will continue its meteoric rise in price through 2022, but that’s pretty much par for the course with those two.
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PlanB’s floor model misses its target in a historic first as fresh bear pressure mounts for Bitcoin price action.
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Will Bitcoin break above six figures before Christmas? PlanB’s Stock-to-Flow model suggests $100,000 BTC could be imminent.
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The popular prediction model has been remarkably accurate in the past when it comes to forecasting Bitcoin’s bearish and bullish cycles against its rising scarcity.
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$820 million in BTC options expire on Oct. 15, and data signals that bulls are set to celebrate another positive week.
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Bitcoin price action exactly conforms to PlanB’s predictions for a second time, and if history repeats itself, BTC/USD should be at $63,000 by the end of the month.
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It’s make or break time for S2F as BTC teeters on the bounds of the famous model.
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The only way is (more or less) up for BTC price action, the analyst insists, offering a potential 2021 high of $450,000.
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A majority of Bitcoin investors that held the cryptocurrency during its turbulent periods stand profitable.
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