More Institutions Are Buying Bitcoin, Say JPMorgan Analysts

2020-11-24 23:12

In their “Flows & Liquidity” report, JP Morgan analysts say institutions are piling into bitcoin at a stronger pace this quarter than they were in Q3 and may have a bigger role in price movement than quantitative traders. origin »

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This Bitcoin Volume Trend Formed Before BTC’s Rally to $13,800; It’s Forming Again

Bitcoin’s long-held consolidation phase within the mid-$9,000 region may soon come to an end, as analysts are now noting that the resistance at $10,000 is beginning to evaporate. This isn’t to say that the cryptocurrency is overtly bullish at the moment, as there still exists a multitude of different factors that could hamper the growth […]

2020-6-11 02:00


Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week

Yes, the price of Bitcoin may have stalled over the past three days, stagnating around $7,500, but the cryptocurrency is still decisively bullish from a macro perspective, analysts say. In fact, should BTC close the weekly candle above $7,100 in approximately seven hours as of this article’s writing, this will be the sixth — yes, […] The post Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week appeared first on CryptoSlate.

2020-4-28 17:00


Analysts Say Ethereum Surging Past $200 is Only the Beginning of Exponential Growth

Since the start of the year, Ethereum has been moving steadily upwards, sometimes violently, to form a steep vertical channel. And yesterday’s sharp gains saw a breach of the key $200 level. As such, analysts expect this to be a massive turning point for the number two cryptocurrency, which up until the start of the... The post appeared first on NewsBTC.

2020-2-7 16:01


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Cryptocurrency Trading to Be Even More Dominated by Robots in the 2020s

Algorithms and bot-trading have taken over Wall Street and the cryptocurrency market with no sign of slowing down. Analysts say everyday traders should be terrified of the coming decade. Everyone in the cryptocurrency industry complains of bots ‘manipulating’ prices, but this will likely end up being even more severe during the 2020s.

2020-1-4 21:08


Why Bitcoin Price Could See Strong Bounce In Early 2020

Over the past few weeks, Bitcoin (BTC) has settled in and around the key $7,000 support level. Although some say that this price action is eerily reminiscent of that seen prior to 2018’s capitulation event, during which the price of the leading cryptocurrency tanked from $6,000 to $3,000 after consolidating for months on end, analysts... The post appeared first on NewsBTC.

2020-1-2 04:00