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Launch of CBDCs will Lower Bitcoin Demand, Says Bank of Korea Governor

The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More дальше »

2021-3-27 15:00


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Bitcoin Sees Mounting Strength as Next Parabolic Wave Begins

Bitcoin has seen some promising signs of strength throughout the past few days and weeks The cryptocurrency has secured what appears to be a strong foothold above $50,000, which comes as many altcoins show signs of immense strength Where the market trends next will undoubtedly depend largely on whether or not BTC can maintain its present stability Any sharp decline from here could drag the entire market lower and lead to a cascading selloff However, […] дальше »

2021-2-19 23:00


Bitcoin is About to Clear a Crucial Resistance; What Analysts are Saying

Bitcoin has seen some mixed price action as of late, with bulls currently trying to form a breakout rally as the crypto pushes towards key resistance It did face a somewhat strong rejection earlier today that has since led it lower, which could be a grim sign for what comes next One trader said in a recent tweet that BTC’s near-term outlook likely depends wholly on whether or not it can continue pushing higher and […] дальше »

2021-2-2 21:00


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Incoming Wave Could See Bitcoin Lose 50% Of Its Current Price Or Spiral In Gains

Bitcoin has had an interesting run this past week. Although failing to reclaim the $42,000 high, it still remains promising as analysts observe an incoming volume around the $35k level. The digital asset is currently trading at a press time price of $34,915, a lower correction from last week’s $37,394 high. Bitcoin has been facing […] дальше »

2021-1-21 18:18


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Bull Case Grows: Millions of Bitcoin are Being Sent to Dormant Accumulation Addresses

Bitcoin’s price action has remained rather stagnant throughout the past couple of days, with bulls being unable to catalyze a break above $40,000 on the first attempt The selling pressure here remains quite significant, and whether or not this level can be firmly broken above could set the tone for its mid-term trend From a technical perspective, Bitcoin’s short-term outlook remains somewhat unclear, as it is currently moving lower despite bullishness amongst altcoins It may […] дальше »

2021-1-16 21:00


Prominent Investors are Selling Bitcoin, Calling Recent Parabolic Rise “Unsustainable”

Bitcoin’s parabolic advance has finally come to an end, with bulls losing their footing following the recent break below $40,000 Its macro parabola could very well still be valid and in play, but it will require a firm and swift trend reversal in the near-term The entire market is reeling lower in tandem with Bitcoin, and investors widely believe that the ongoing descent could extend further This comes as one prominent Bitcoin investor from Guggenheim […] дальше »

2021-1-12 21:00