Bitcoin Price Resurgence Is a 'Self-Fulfilling Prophecy': Analyst

2019-8-6 22:56

When the bitcoin price smashed through $11,000 overnight and set its sights firmly on the $12,000 mark, analysts almost uniformly pointed to China’s stunning decision to defy the Trump administration and devalue the yuan as the catalyst.

However, cryptocurrency bulls who proclaimed that bitcoin had demonstrably proven its worth as a safe-haven asset might have […]

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Bitcoin (BTC) на Currencies.ru

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Bitcoin Remains In Bearish State Despite Recent Surge — Here’s Why

Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences.

2025-12-21 12:00