Bitcoin May Break Below $9K on Wall Street Correlation: Stock Analyst
Any attempts from Bitcoin to secure higher price levels may fall short as long as its correlation with the US stocks sustains. So predicts Ronnie Moas, a stock market analyst heading...
How the Dollar’s Fall from the Top Could Fuel the Future of Bitcoin
Bitcoin was built and designed to be directly opposed to the dollar in every way. In a sense, it is its destiny to trade against the dollar until it meets its untimely demise. That...
3 Crucial Reasons Why Bitcoin Could Fall Below $10K This Fall
Bitcoin faces the prospects of breaking below $10,000 after failing to extend a rally that pushed its price up by 70 percent earlier this year. Here are the top three risks the...
Analysts Explain Why Bitcoin Bearish Correction Could Turn Worse
Bitcoin is trading almost 17 percent below its year-to-date high near $12,500. And, according to analysts at TradingShot, the downside bias is about to turn a lot worse. The...
A $9,800 Bitcoin is Possible After Overnight Upside Rejection: Analyst
Bitcoin bulls should brace for the cryptocurrency to hit the $9,800 valuation, according to an analyst. The pseudonymous entity envisioned the downside scenario after BTC/USD failed to...
Bitcoin Weekly Outlook: All Eyes on Powell and Mnuchin Testimonies
Bitcoin posted choppy trades last week but managed to close the session modestly higher. The Federal Open Market Committee’s meeting on policy decision was the most significant...
Analyst Expects Bitcoin to Fall by $2K Despite Bullish Fundamentals
As Bitcoin attempts a breakout move above $11,000, an analyst sees the cryptocurrency moving in the opposite direction. TradingView contributor Vince Prince placed the latest BTC/USD...
3 Biggest Takeaways for Bitcoin From Powell’s Press Conference
The Bitcoin price popped above $11,000 just as the Federal Reserve Chairman Jerome Powell started delivering his speech after finishing their two-day policy meeting on Wednesday. Mr...
Bitcoin in “Golden Accumulation Zone” After 20% Plunge: Analyst
It may be the best time for Bitcoin traders to refill their crypto bags now that the asset trades near its multi-week lows, according to analysts at Phi-Deltalytics. The chart analysis...
A Bitcoin Crash to $8.7K Likely if Price Breaks This Key Level
Bitcoin is facing a considerable risk of falling towards $8,700 should its price break a critical support level. Earlier fractals indicate that breaking below a so-called 20-week...
3 Reasons Why Bitcoin Price May Slip Below $10K This Week
A potential catalyst for Bitcoin’s supersonic price rally in 2020 has been the combination of ultra-flexible monetary policies of central banks and massive spending by...
Bitcoin Falls 12% But a Reuters Poll Indicates Massive Rally Ahead
The last two days found Bitcoin (Symbol: BTCUSD) in its most bearish states in more than three months. The cryptocurrency experienced a significant sell-off on Wednesday that continued...