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“# $83K Bitcoin price in the cards after data shows BTC whales bought the dip ” As Bitcoin (BTC) tested the $43,000 support for the third consecutive day, whales bought the dip on derivatives exchanges. While there has been no significant price change, the Bitcoin futures premium reached its lowest level in six months. This…
“# ‘Long Bitcoin’ chosen as most crowded trade in latest BofA survey ” Despite the ongoing sideways trend in the cryptocurrency markets, Bitcoin (BTC) still remains a crowded trade. According to a new survey from Bank of America, this could indicate that the current bull cycle’s market top is still to come. Bank of America’s…
“# Famous analyst calls $43K Bitcoin price ‘logical’ ” Bitcoin (BTC) may have lost 35% since its all-time highs of $64,500, but its current price is actually “logical.” That’s according to veteran analyst John Bollinger, creator of the Bollinger bands trading indicator. Bollinger: Current price action “can tell a lot” In a tweet on May…
“# MicroStrategy buys the dip, acquires $10M in Bitcoin ” Business intelligence firm MicroStrategy has scooped up another $10 million worth of Bitcoin (BTC), signaling the company’s relentless conviction in the digital asset amid the latest price collapse. The cash amount earned MicroStrategy 229 BTC at an average price of $43,663, the company confirmed Tuesday…
“# Bitcoin’s drop from $64K comparable to Black Thursday, but Coinbase outflows hint at accumulation ” Elon Musk and COVID-19 have something in common: They have both panicked investors — at least once — into dumping their Bitcoin (BTC) holdings. The similarities notched up higher in the previous six days as Musk doubled down on…
“# Bitcoin price could hit $29K next, warns CNBC ‘Chartmaster’ ” Bitcoin (BTC) could drop to $29,000 and still be testing current support in line with past dips, claims CNBC’s “Chartmaster.” In an appearance on the network’s “Fast Money” segment on May 17, Carter Worth, Chief Market Technician at Cornerstone Macro, warned that the BTC…
“# Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues ” It is well known that as goes Bitcoin (BTC), so goes the rest of the cryptocurrency market, as time and again, major price moves from Bitcoin create ripples across the altcoin market, impacting sentiment and momentum. This appears to be the…
“# Price analysis 5/17: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI ” Bitcoin (BTC) plummeted to an intraday low near $42,000 today, dropping 35% from its all-time high at $64,849.27. Over the weekend the selling intensified as news that Tesla may have sold its Bitcoin holdings made waves, and even after this was…
“# Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’ ” Raoul Pal wants Bitcoin (BTC) investors to mobilize their trades against Elon Musk. The macro investment strategist advised traders to either accumulate or preserve their Bitcoin holdings just as the flagship cryptocurrency suffered massive declines over the weekend and…
“# Yay or nay? New petition demands Elon Musk sell all his Bitcoin ” Tesla and SpaceX CEO and self-proclaimed “Dogefather” Elon Musk should sell his Bitcoin holdings, said hodlers. A new petition on Change.org is currently gathering signatures to make Musk divest himself of his personal stash of Bitcoin (BTC). “Elon Musk: Sell your Bitcoin”…