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“# Bitcoin price ‘bearish alert’ as 140K BTC from Mt. Gox may move for the first time ” Bitcoin (BTC) may see a fresh “bearish signal” in the coming days as the Mt. Gox saga enters its final and possibly expensive phase. As noted by on-chain analytics resource CryptoQuant on Dec. 8, defunct exchange Mt….
“# Bitcoin price risks losing ‘critical technical level’ as stocks under pressure ” U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500. The daily price chart of Bitcoin (Coinbase). Source: TradingView COVID-19…
“# Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways ” As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance. After retouching the pennant trendline, the price gave way, falling below the…
“# Key Bitcoin futures metrics show traders are bullish despite flat BTC price ” Apart from a brief $18,100 test on Dec. 1, Bitcoin (BTC) markets remained relatively calm over the week. This suggests that investors are beginning to realize that a more extended period of consolidation could be possible after a 77% hike since…
“# Price analysis 12/7: BTC, ETH, XRP, LTC, BCH, LINK, DOT, ADA, BNB, XLM ” Recent news reports suggest that U.S. lawmakers may announce a new round of economic stimulus worth about $908 billion before the end of today. This second package, if announced, will add to the existing debt pile and may send the U.S….
“# Bitcoin price can hit $100,000 if BTC replicates post-March gains ” The price of Bitcoin (BTC) has quadrupled in the past nine months, which means another similar rally would put $100,000 on the table in the foreseeable future. The 1-day chart of Bitcoin (Coinbase). Source: TradingView.com Dan Tapiero, co-founder of 10T Holdings, does not…
“# New US stimulus, Brexit and $20K: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts another week aiming for $19,500 and beyond as crunch time for Brexit meets mass U.S. money printing. Cointelegraph takes a look at the price factors at stake for Bitcoin this week as shaky $19,000 support remains…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, VET, AAVE ” Bitcoin’s (BTC) price has been hovering near the $19,000 level for the past few days. Whenever the price consolidates near the all-time high, it is an indication of strength. However, the question troubling investors is whether Bitcoin will source enough momentum…
“# ‘It will send BTC’ — On-chain analyst says Bitcoin hodlers are only getting stronger ” According to on-chain analyst Willy Woo, the price of Bitcoin (BTC) could achieve a “conservative” target of $200,000 in 2021. The prediction revolves around the fact that long-time investors seem more confident in the recent rally. There are two…
“# 3 key metrics to watch as Bitcoin price tries to top $20,000 ” For the past week, Bitcoin (BTC) price has been flirting with the $20,000 mark, which has led some traders to lose their patience. In the eyes of some traders, the lack of bullish momentum is problematic, especially considering that BTC tested…