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“# This analyst called Bitcoin’s new price high in 2020 three months ago ” Bitcoin (BTC) hitting new all-time highs by Christmas is beginning to look conservative, but one analyst called current levels back in August. As noted by consumer investment service Swan Bitcoin on Nov. 18, the co-founder of The Investor’s Podcast Network, Preston…
“# Why Bitcoin price just flash crashed 6% after rejecting at $18.5K ” The price of Bitcoin (BTC) dropped sharply after approaching $18,500 on Binance and Coinbase. The plunge took place as large sell orders were spotted on both spot and futures exchanges. BTC/USD 15 minute chart. Source: TradingView.com As Cointelegraph previously reported, traders anticipated a…
“# Bitcoin price hits $18K but traders expect ‘shallow’ pullback before new high ” Bitcoin (BTC) just set another 2020 high by rallying above $18,000 for the first time in three years. On Nov. 17 BTC price rallied to $17,858 after a high volume surge pushed the price cleanly through the $17,100 to $17,300 range…
“# Grayscale survey connects COVID-19 pandemic to new Bitcoin purchases ” As Bitcoin (BTC) price rises toward $18,000 and traders attempt to secure a new all-time high, the surge of institutional investors jumping on the Bitcoin bandwagon continues. This time, institutional and retail investors are both keen to accumulate Bitcoin and data from crypto derivatives…
“# Ray Dalio admits he ‘might be missing something’ about Bitcoin as it surges past $17K ” In a Twitter thread posted on Tuesday, Dalio stated he believed that Bitcoin (BTC) was not an effective medium of exchange nor a store of value due to its volatility. He also asserted that governments could outlaw crypto…
“# Why traders think a Bitcoin ‘blow-off top’ will occur above $18,000 ” Bitcoin price is steamrolling toward $18,000 and excited traders are calling for the top-ranked digital asset to overtake the 2017 all-time high at $19,763. Unless you’re a bear, reaching a new all-time high is great but ideally, for a sustainable rally to…
“# Bitcoin price blasts by $17.5K, but not all agree rally is sustainable ” The price of Bitcoin (BTC) exceeded $17,400 in a strong intraday rally. On Coinbase, BTC even came close to the $17,700 mark, setting a new two-year high. As BTC glides through the multiyear resistance above $17,000, analysts are divided on its…
“# Bitcoin has hit all-time highs against numerous world currencies ” Bitcoin (BTC) is just a few thousand dollars away from its all-time high near $20,000 U.S. dollars. However, while much of the crypto industry watch Bitcoin’s price action in U.S. dollar terms, BTC has already achieved all-time high prices relative to numerous other world…
“# Bitcoin up 375% since Peter Schiff accidentally called the exact bottom ” The Bitcoin (BTC) price bottomed at exactly the point that gold bug Peter Schiff said that it would crash further — and proponents are reminding him of his mistake. Retweeting a now infamous Twitter post that Schiff made in mid March, popular…
“# 3 reasons Bitcoin price hit $17K, marking a new parabolic uptrend ” The price of Bitcoin (BTC) surpassed $17,000 for the first time since December 2017, continuing its current uptrend. The rally comes after BTC broke out of the previous parabola, which initially caused concerns. Three factors likely contributed to the ongoing rally: new…