Bitcoin long-term trend still looks bullish, short-term not so much

2019-7-12 22:40

Bitcoin’s exponential growth lead 40-year trading veteran Peter Brandt to (famously) believe BTC entered a new “parabolic phase. ” From its December low of $3,150 BTC could aim for a new high of $100,000, Brandt suggested.

However, in the short-term, the technicals do not look so rosey. Bitcoin takes aim at $100,000 target. $btcusd is experiencing […]

The post Bitcoin long-term trend still looks bullish, short-term not so much appeared first on CryptoSlate.

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Bitcoin (BTC) на Currencies.ru

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Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head

On-chain data shows Bitcoin is approaching the “Realized Price” of the short-term holders, a retest of which has historically been important for BTC. Bitcoin Is Close To Seeing A Retest Of Short-Term Holder Cost Basis In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed how BTC has recently been near the Realized Price of the short-term holders.

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