Quick take: Timothy Peterson has pointed out that Bitcoin is in ‘bubble territory’ He further warns of a possible 20% drop in the value of BTC Bitcoin has failed to claim the $16k price area as...
Quick take: The share price of Grayscale Bitcoin Trust (GBTC) has increased by 63% since October 1st Grayscale continues to accumulate Bitcoin (BTC) owning approximately 2.7% of the total supply Investors who believe Bitcoin is overpriced...
Quick take: Bitcoin analyst, MagicPoopCannon, believes that Bitcoin will ultimately challenge its previous ATH However, it has one more resistance level at the $17,100 price area If BTC does not break this resistance, it could drop...
Quick take: Bitcoin broke the $17,100 resistance level Bitcoin then zoomed past $18k to post a 2020 high of $18,474 – Binance rate BTC soon fell hard to $17,200 The intense price action resulted in over...
Quick take: OKEx users will have unrestricted Bitcoin and Crypto withdrawals on or before November 27th The exchange will also launch loyalty reward campaigns to thank the OKEx community for being patient OKEx’s founder, Star Xu,...
Quick take: Bitcoin’s active addresses have hit a 2 year high of 1.19 Million This amount of activity on the Bitcoin blockchain was last witnessed in January of 2018 Bitcoin has also set a 2020 peak...
Quick take: Microstrategy CEO, Michael Saylor, has compared Bitcoin to a dragon that will eventually eat the Kingdom of Gold His comments were in response to the CIO of BlackRock, talking about Bitcoin eventually replacing Gold...
Quick take: Bitcoin zoomed past the $17,115 resistance level like it did not exist BTC is still showing signs of bullish momentum Its parabolic nature since September points to a pullback to $13,800 However, a pullback...
Quick take: Professor Nouriel Roubini has classified Bitcoin as the most manipulated asset ever This is after BTC dropped hard from $19,400 to $16,300 He explained that retail traders were hoodwinked by whales and ‘shafted as...
Quick take: Bitcoin whales holding more than 1,000 BTC sold their bags at $19,300 11 of such whales sold enough to no longer be in the 1,000+ coin list Selling by whales is usually a tell-tale...
Quick take: Positive twitter comments related to Bitcoin are near a 6-month high The last time the sentiment was this high, was during the Bitcoin halving in May This is the fourth time Bitcoin’s Twitter sentiment...
Quick take: Yesterday, John Bollinger had cautioned that Bitcoin’s attempt at $20k is a classic top setup Bitcoin has since dropped from $19,900 to $18k in a flash crash The 50-day moving average seems like a...