Bitcoin, altcoins' future might depend on how CBDCs rally once launched

2020-5-24 23:30

China's DCEP has been released on a pilot basis in around four cities as of now, and by the looks of it, the project seems to be doing quite well. In a recent podcast, Lennix Lai, Director of FinanciaThe post Bitcoin, altcoins' future might depend on how CBDCs rally once launched appeared first on AMBCrypto.

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once future bitcoin rally launched cbdcs depend

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Bitcoin is Once Again Following the Price of Avocados

In a funny tweet by Bloomberg journalist Tracy Alloway, the price of Bitcoin seems to oddly follow the price of avocados in Mexico. Sadly, the price of the fruit has plummeted this month. Could following the price of avocados be the secret to predicting Bitcoin’s future movements? Oddly enough, the price chart of both the […] The post Bitcoin is Once Again Following the Price of Avocados appeared first on BeInCrypto.

2019-10-25 00:16


If Bitcoin Hits This Key Level, It’s Going to Make a Run for $40K: Tom Lee

  By CCN Markets: The bitcoin price might have slipped below $8,000 for now, but it could be headed much higher in the near future. Fundstrat Global Advisors Co-Founder Thomas Lee is willing to put it on the line for bitcoin once again, making an aggressive short-term prediction on where the cryptocurrency could be trading if it can capture enough momentum.

2019-6-9 00:30


Crypto Cheerleader Pomp Discusses Bitcoin’s Future Developments With Vision Hill’s Dan Zuller

With the crypto market once again being faced with long-term bullish prospects, investor confidence in currencies such as Bitcoin seems to rising. This is highlighted by the fact that BTC recently broke past it's all-important $5K resistance barrier— thereby pushing the overall market capitalization of the alt-asset domain over the $160 bln mark. In the […]

2019-4-3 18:58


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

2019-3-29 02:21