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These Factors All Suggest Bitcoin is Poised to Explode Past $16,000

Bitcoin has been seeing some slight turbulence over the past few hours on news of Pfizer developing a highly effective vaccine Initially, this news sent BTC’s price inching lower, but it has since shown signs of strength as buyers absorb sell orders It remains unclear as to whether or not this news, and the ongoing stock market rally, will bode well for the cryptocurrency in the days and weeks ahead If BTC continues trading like […] дальше »

2020-11-10 02:00


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JPMorgan’s Analysis Shows Institutional Investors Moving From Gold ETFs to Bitcoin

JPMorgan has highlighted evidence of institutional demand for bitcoin and investors moving from gold exchange-traded funds (ETFs) to the cryptocurrency. The firm points out that bitcoin demand is driven not only by younger retail investors but also by institutional investors, such as family offices and asset managers. дальше »

2020-11-10 20:45


Legendary Investor ‘Strongly’ Recommends Investing in the ‘Single Best Performing Asset Class’ Bitcoin

The risk of Bitcoin’s price going to zero is “lower than they’ve ever been before,” Mutual fund legend Bill Miller told CNBC Friday. According to him, more institutional investors would be coming to the leading cryptocurrency, which almost went to $16,000 last week — its 35-month high. дальше »

2020-11-10 18:39


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Here’s Why Bitcoin Could See One More Correction Before Its Uptrend

From last week’s highs, Bitcoin sustained a heavy correction into Saturday. The cryptocurrency fell from $16,000 to a low of $14,300, marking the first large correction of the recent uptrend. The cryptocurrency has since bounced back as the markets have turned risk-on once again on news of a seeming Biden presidency. While the Nasdaq futures […] дальше »

2020-11-9 13:00


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Aave Surges 25% as DeFi-Wide Short Squeeze Seems to Have Begun

It appears that decentralized finance (DeFi) bulls have finally returned. Aave (AAVE), one of the leading crypto-assets in the DeFi space, has surged 25% in the past 24 hours alone. This $AAVE reversal is legendary 🙌 — Spencer Noon (@spencernoon) November 8, 2020 This performance makes the coin the best-performing cryptocurrency in the top 100 […] дальше »

2020-11-9 23:30


Ethereum Could Soon Target $800 as Macro Market Structure Builds Strength

Ethereum and the aggregated cryptocurrency market has been seeing immense volatility as of late Yesterday, ETH declined to lows of $427 before finding some strong support that slowed its descent and sparked a sharp rebound The cryptocurrency has been trying to confirm $450 as a level of support throughout the past few days, as this is a crucial level that must be held above for it to see further upside Where the market trends next […] дальше »

2020-11-9 22:00


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Bitcoin Likely to Retest Highs as Bulls Erase Yesterday’s Losses

Bitcoin is seeing some immense strength today as its price rallies past $15,000 once again The cryptocurrency has been struggling to hold above this level after it faced an intense influx of selling pressure at $16,000 The rejection here wasn’t too intense, however, as Bitcoin’s latest pullback was short-lived and followed by immense upside Where it trends next will likely depend largely on how strong of support bulls can build at $15,000 If it breaks […] дальше »

2020-11-9 19:31


Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”

Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but bulls have held strong Because this decline has been slow and mostly absorbed by buyers, there’s a strong possibility that it will be followed by further upside One indicator is flashing some warning signs to investors, with the average returns seen by traders […] дальше »

2020-11-8 01:00