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” How low can the Bitcoin price go? “ Bitcoin (BTC) has spent over a year in a downtrend since its $69,000 all-time highs in November 2021. BTC price performance has given investors up to 77% losses, but how much lower can BTC/USD really go? Bitcoin traders and analysts have long agreed that 2022 is…
” Canada crypto regulation: Bitcoin ETFs, strict licensing and a digital dollar “ In October, Toronto-based Coinsquare became the first crypto trading business to get dealer registration from the Investment Industry Regulatory Organization of Canada (IIROC). That means a lot as now Coinsquare investors’ funds enjoy the security of the Canadian Investment Protection Fund in…
” Bitcoin new ‘worst case scenario’ puts BTC bear market bottom near $6K “ Bitcoin (BTC) still risks a drop to below $7,000 this bear market, the latest worst case scenario prediction warns. In its latest livestream broadcast on Nov. 24, trading platform Decentrader revealed targets for a BTC price bottom. Analyst flags “oldschool, rock-hard…
” How bad is the current state of crypto? On-chain analyst explains “ Despite the market downturn and the widespread negative sentiment in the industry in the wake of the FTX collapse, on-chain data still show reasons to be bullish on Bitcoin. As pointed out by on-chain analyst Will Clemente, it’s enough to look at…
” Will Bitcoin hit $110K in 2023? 3 reasons to be bullish on BTC now “ Bitcoin (BTC) may follow stocks on a “massive bull run” as the weekly chart delivers a unique sign of strength. The latest analysis from several well-known crypto names suggests it is time to give up the bear market narrative….
” Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC “ Bitcoin (BTC) stayed undecided at the Nov. 24 Wall Street open as one trader reinforced a $12,000 BTC price target. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “main target” for bottom $12,000-$14,000 Data from Cointelegraph Markets Pro and…
” Bitcoin exchanges see 180K BTC supply decrease amid Mt. Gox BTC sales “ Bitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests. Data from on-chain analytics firm Glassnode shows that on Nov. 23, major exchanges were down almost 179,000 BTC in monthly withdrawals. Major exchanges see record…
” BTC price holds $16K as analyst says Bitcoin fundamentals ‘unchanged’ “ Bitcoin (BTC) lingered near $16,500 at the Nov. 23 Wall Street open as United States markets awaited Thanksgiving cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Grayscale, GBTC still dominate crypto mood Data from Cointelegraph Markets Pro and TradingView showed BTC/USD shunning volatility…
” Bitcoin may need $1B more on-chain losses before new BTC price bottom “ Bitcoin (BTC) hodlers may need to triple their on-chain losses for BTC price to put in a macro low. According to market research firm Baro Virtual, the 2022 bear market is not yet harsh enough to match historical downtrends. Bitcoin losses…
” Bitcoin price returns to $16K amid warning over BTC whale selling “ Bitcoin (BTC) headed higher into the Nov. 22 Wall Street open after setting another two-year low. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Thanksgiving buywall appears at $12,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recrossed the $16,000…