The Bitcoin (BTC/USD) price rebounded in the overnight session after days of moving sideways. The coin jumped to above $47,000, which was substantially higher than this week’s low of about $44,000. BTC price rebounds Bitcoin has made some strong recovery recently. After falling to below $30,000 recently, the price made Read more…
The flagship crypto was all fired up at the second trading session of the week amid other assets like global equities hobbling to cheer progress on the passage of the long-awaited U.S Stimulus deal. Bitcoin is currently changing hands just about $54,195.56 at press time, representing a 7% surge on Read more…
The likelihood of bitcoin reaching $100,000 in value this year has fallen to 36% following a difficult week for the cryptocurrency, according to bookmakers. Betting odds from e-sports statistics site Unikrn put the chance of bitcoin reaching the milestone in 2021 at just over a third on 5 March, down Read more…
Bitcoin’s correction from 41964 extended to as low as 28989 but quickly rebounded back above 30k handle. It’s now even trading above 33k. The development argues that such correction might have completed with a three wave structure, with bullish convergence condition in hourly MACD. Focus is now on 4 hour Read more…
Tesla Inc and Bitcoin are more likely to see their values halved than doubled over the period of next 12 months, according to the majority of respondents in a Deutsche Bank survey published Tuesday. Deutsche Bank surveyed 627 market professionals last week, with 89% of respondents saying they find some Read more…
After an impressive start of the year, the price of Bitcoin has seemingly lost its momentum. The coin saw a strong dip in the last 11 days, since hitting its most recent all-time high on January 8th. Today, January 19th, the coin struggles to breach a resistance level at $37,000, with Read more…
Meltem Demirors, Chief Strategy Officer at Europe’s largest crypto asset management firm CoinShares, expects Bitcoin price to rise further in 2021, simply because “there is just not enough Bitcoin to meet the massive wave of demand.” “I think there will be volatility and cyclicality, but the trend over the next Read more…
The rising trend in the world’s biggest cryptocurrency, the Bitcoin market, at the end of 2020 manifested itself in video card sales. As the number of people engaged in digital currency mining increased, video card sales boomed. There was an upward trend in Bitcoin, the highest volume of cryptocurrencies. Graphics Read more…
Bitcoin’s monumental rally is showing no signs of slowing down as the digital asset reached a new milestone all-time high a few hours ago. After gaining around 34% since this time last week, Bitcoin’s prices continue to march inexorably higher, surpassing $40,000 a few hours ago during late trading in the U.S. Read more…
Bitcoin is poised to hit new highs, but many barriers must be broken. The most crucial at press time is a symmetrical triangle that if broken could see the cryptocurrency attain a new all-time high of $40,000. Crypto-influencer with the Twitter name “MmCrypto” noted this in a recent Tweet, in which Read more…