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“# BTC supply squeeze and Biden: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is starting what will be likely a hectic week for markets as the United States begins its two-month presidential transition. After Joe Biden was declared the projected winner of the U.S. presidential elections during the weekend, Bitcoin fell,…
“# As US election dust settles, crypto traders and analysts eye new administration ” While some in the community continue to question the outcome of the US Presidential election, mainstream media outlets and the Associated Press have definitively called the race for former Vice President and current President-Elect Joe Biden. But with uncertainty out of…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, LINK, LEO, XEM ” Select altcoins are moving higher as Bitcoin prepares for a renewed push to $16,000 <p>This week Bitcoin (BTC) price nearly hit a new multi-year high at $16,000 and legendary investor Bill Miller told CNBC that the law of <a rel=”nofollow noopener…
“# Bitcoin at $15K is now bigger than PayPal, Coca-Cola, Netflix, Disney ” In early September of this year, the market capitalization of Bitcoin (BTC) was hovering at around $190 billion when the BTC price was hovering around $10,000. In the past two months, however, the price of Bitcoin rose from to over $15,000. With…
“# Amid election throes, Bitcoin goes: Bad Crypto news of the week ” It’s been a week. Whether the politics made it good or bad week depends on your view but if you’re holding Bitcoin, it was certainly good. The price is up more than 8.5 percent over the last seven days. It’s now well…
“# 3 ways Bitcoin price and stocks may react to a Biden presidency ” On Nov. 7 several major media outlets announced that after 4 days of rigorous vote-counting in key battleground states Joe Biden had managed to secure enough electoral votes to become the 46th President of the United States. As the excitement over…
“# 4 on-chain metrics suggest Bitcoin price rally may not stop at $16,000 ” After rejecting at $15,960 on Nov.6 Bitcoin (BTC) price has been defending the $15,000 support level with strength. Based on four on-chain data points, analysts believe the rally might continue beyond $16,000. Analysts have pinpointed lower Bitcoin exchange reserves, unmoved supply,…
“# Most ‘organic’ Bitcoin pump in years — trader explains why a blow-off top is unlikely ” Despite Bitcoin’s (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons. The three factors are the growing outflow of funds from exchanges, increase in…
“# Bull flag breakout will decide whether Bitcoin price goes to $16K or $14K ” Bitcoin price (BTC) appears to be taking a short breather after reaching a new 2020 high at $15,960 on Nov. 5. The 1-hour and 4-hour timeframe show the price compressing within a flag and throughout the majority of the trading…
“# Price analysis 11/6: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV ” Bitcoin price looks slightly overextended in the short-term and may take a break while altcoins play catch-up. <p>The United States Federal Reserve Chair Jerome Powell recently said that additional fiscal stimulus could result in a stronger recovery. He also emphasized…