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“# A Bitcoin whale just shorted $100M BTC — Are big holders expecting a larger drop? ” A Bitcoin (BTC) whale placed a $100 million short on Bybit, according to the pseudonyms trader CL. It comes after various on-chain data points toward a whale-driven sell-off throughout the past week. Though the momentum of Bitcoin remains…
“# 3 reasons why Bitcoin price quickly recovered after dropping to $15.7K ” The price of Bitcoin (BTC) dropped to as low as $15,670 on Binance on Nov. 15. The highly volatile drop came hours after BTC reached $16,355, demonstrating strong momentum. Three key factors likely caused the overnight drop in the price of Bitcoin….
“# Why Bitcoin price just lost $16K in a ‘typical’ weekend drop ” The price of Bitcoin (BTC) has seen volatility within the past 12 hours. The top cryptocurrency fell from $16,400 to $15,750 within hours, rejecting sharply after surpassing the $16,000 resistance earlier this week. As of Nov. 14, the 20-day moving average of…
“# ‘Stealth phase’ over? Why Wall Street FOMO will make $20K Bitcoin look cheap ” The year 2020 sucked for pretty much everyone. Unless you’re holding Bitcoin (BTC) that is. The price of Bitcoin is up 125% year-to-date, making it once again the best-performing asset just as it has been for the past decade. Strangely…
“# Price analysis 11/13: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV ” Data shows that Bitcoin’s (BTC) current rally is supported by greater participation from retail and institutional investors. The CME Bitcoin futures open interest has moved closer to the previous all-time high, a sign that institutional investors are becoming more interested…
“# Keep dreaming! Options data suggests $560 Ethereum price won’t happen ” This week, Bitcoin (BTC) and Ether (ETH) prices reached new highs as a slew of bullish news continued to pump investors’ hope that the next crypto-bull market will mirror the one seen in 2017. Many novice traders simply follow spot prices on the…
“# Bitcoin whale clusters show ‘institutional FOMO’ is behind the BTC rally ” Data shows that institutions heavily accumulated Bitcoin in the $12,000–$15,000 range, and according to analysts at Whalemap, this is a positive trend because institutions and whales typically accumulate assets with a longer-term investment strategy in mind. The fact that larger hands are…
“# Ray Dalio believes nations will outlaw Bitcoin if BTC price keeps rising ” Ray Dalio, the billionaire hedge fund legend, doesn’t see digital currencies like Bitcoin (BTC) succeeding the way other people do. He expects authorities to clamp down on cryptocurrencies when they see “material” growth. The daily chart of Bitcoin dating back to…
“# 3 reasons Bitcoin price just hit $16,000 for the first time since 2017 ” The price of Bitcoin (BTC) surged past $16,000 today, Nov. 12, for the first time in nearly three years. The momentum of the dominant cryptocurrency is strengthening due to three key major factors. The main catalysts behind BTC’s rally are…
“# Bitcoin price peak in December 2021 as ‘main bull run’ begins — Willy Woo ” Bitcoin (BTC) is at the start of its next “main bull run” and the price peak won’t hit until the end of 2021, well-known analyst Willy Woo believes. In one of many recent Twitter discussions on Nov. 11, the…