Bitcoin to Hit Six Digits Despite a recent price lull, BitMEX’s chief executive, Arthur Hayes, is still bullish on Bitcoin. At Milken Institute Asia Summit in Singapore, which Bloomberg reported on, the industry executive explained that...
Quick summary: Tyler Winklevoss has declared that $10k is Bitcoin’s new baseline His comments come after BTC dipped hard from $12k levels but still managed to get back above $10k Bitcoin’s final hurdle this week is...
Quick take: Bitcoin has reclaimed the $11,500 support level after a brief slip on Friday to $11,300. The latter was due to the stock market reacting to the continual back and forth between President Trump and...
In summary: There is only one week left in the month of August. $11,600 and $11,200 are two support levels to watch for the remainder of the month. A monthly close above any of these two...
Bitcoin is once again retesting the $34,300 price area $34,300 is the 50% retracement level from the March 2020 bottom to the April 2021 peak A loss of this level will open the doors to $30k...
Wednesday was not kind to the cryptocurrency market. As of the time of writing this (Wednesday night), Bitcoin (BTC) has shed 8% in the past 24 hours, falling below $7,700 — a level which analysts said...
Summary: Bitcoin proponent Mike Novogratz reaffirmed his infamous “$500K in 5 years” prediction during the Bloomberg Crypto Summit. Novogratz made similar remarks back in March a few weeks before the markets tanked. Since his March comments,...
Quick take: Bloomberg’s Crypto Outlook report for December forecasts a $50k resistance level for Bitcoin in 2021 This will bring its market cap to $1 Trillion $10k will be Bitcoin’s support next year after serving as...
Bitcoin Price to Drop 20% to $6,000 After surging to $7,800 on the weekend, it appears Bitcoin (BTC) is starting to roll over to the bearish side yet again. The cryptocurrency earlier Monday fell as low...
Quick take: Bitcoin seems to have shaken off the effects of the Twitter hack. The King of Crypto is still trading within a tight range above $9,100. With the weekend about to kick off, $8,900 is...
In brief: Bitcoin is more sensitive than gold to inflows of fiat According to B0fA, a $93 million injection into Bitcoin would result in a price appreciation of 1% Gold would need $2 Billion to achieve...
Quick take: Data from Glassnode shows that 10,000 Bitcoin (BTC) left OKEx 48 hours before withdrawals were suspended Approximately $2.3 Billion in Bitcoin is held in OKEx BTC wallets Whale Alert bot has flagged 5,000 BTC...