Tags : Target

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

Bitcoin Shows Double Bullish Confluence; Next Target: $50,000

A confluence of two classic technical indicators suggests Bitcoin will hit $50,000 in the short-term. Dubbed as Bull Flag and Bull Pennant, both the patterns represent a period of consolidation after a strong uptrend, except with different structures. For instance, Bull Flags appear like downward sloping channels, wherein an asset moves lower while leaving behind […]Read More

Market

Compute North, Foundry Team Up to Target North American Bitcoin

Two cryptocurrency mining companies want to make it easier for businesses in North America to mine bitcoin. Minnesota-based Compute North has allocated hosting facilities and 47 megawatts (MW) of power for 14,000 Whatsminer M30S mining machines supplied by New York-based Foundry Digital as part of an agreement to provide a “turnkey” hosted mining solution. (Foundry […]Read More

Bitcoin

Bitcoin Rockets Past $30,000 as Bulls Target Key Level; What

Bitcoin is in the process of rocketing up towards $32,000, with the cryptocurrency showing some immense signs of strength as bulls target it seeing further upside The overnight breakout rally that allowed it to see this explosive move higher came as a shock, with the resistance at $30,000 being sliced through with ease The strength […]Read More