Tags : Price

Bitcoin

A Potential Bitcoin Price Explosion Above $60,0000 is Brewing; Here’s

Has the Bitcoin market topped out as traders constantly fail to achieve a breakout move above $60,000? Apparently, no. Bitcoin upside trapped by $60,000-resistance. Source: BTCUSD on TradingView.com According to Ki-Young Ju, the CEO of CrypoQuant — a South Korea-based blockchain analytics firm, Bitcoin has every reason to break bullish on $60,000. The analyst cited […]Read More

Bitcoin

Top Bitcoin Influencer Closes Bullish Position on Price Dump Fears

Bitcoin risks falling below $50,000, according to a trade setup shared by Jonny Moe, an independent market analyst. The social media influencer, widely tracked by investors and traders in the cryptocurrency space, unveiled the bearish setup in a tweet published early Tuesday. He closed what he called “leverage long” positions, which refers to the indebted […]Read More

Bitcoin

JPMorgan adjusts its long-term Bitcoin price target to $130,000

Analysts at American investment bank JPMorgan Chase & Co have updated their long-term Bitcoin (BTC) price expectations to $130,000, according to a note cited by Business Insider yesterday. Per the note, Bitcoin has become much more attractive to institutional investors over the past few weeks thanks to a decrease in its volatility. Previously, regular massive […]Read More

Bitcoin

25% of all Bitcoin was exchanged in this key price

25% of all Bitcoin was exchanged in this key price range | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Edge Shaurya Malwa · March 31, 2021 at 11:00 pm UTC · 2 min read The past few months have seen […]Read More

Bitcoin

Bitcoin Bull Flag Suggests Price Will Explode Beyond $70,000

A classic technical indicator suggests that Bitcoin, the world’s leading cryptocurrency by market cap, would become more valuable than it already is. $70,000 Next? Dubbed as Bull Flag, the chart pattern forms when an asset consolidates downwards for a brief period after undergoing a massive price surge. It looks like a downside-sloping channel, denoted by […]Read More

Bitcoin

Bitcoin Price Eyes More Explosions as Biden Considers New $3tn

Bitcoin investors keen to profit from Joe Biden’s presidency have received another bullish update from the oval office: a $3 trillion government spending package. According to two sources in the White House, Mr. Biden is considering a plan from his top advisors to boost infrastructure, clean energy, childcare, and education with another stimulus. The additional […]Read More

Bitcoin

Bearish Divergence Flashes Warning for Bitcoin as Price Nears $60,000

A widely traced technical indicator in the Bitcoin market is signaling bullish exhaustion as the cryptocurrency flirts with $60,000. The 14-day Relative Strength Indicator (RSI), which alters traders about Bitcoin’s oversold and overbought conditions, has formed lower highs so far in 2021, decoupling from the cryptocurrency’s relentless uptrend, which is forming higher highs as the […]Read More

Bitcoin

3 Charts Show Why Bitcoin Price is Poised to Explode

Bitcoin looks poised to reach fresh price highs according to a flurry of crucial on-chain indicators. Analyst Willy Woo listed signals that showed an uptick in bitcoin trading activities across the US cryptocurrency exchanges. For instance, a metric that measures the total available BTC balance on trading platforms alerted an ongoing decline in reserves. It […]Read More