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...
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...
Bitcoin Eyes $11,000 as Focus Shifts to Wednesday’s FOMC
Bitcoin logged its best daily performance in more than a month this Monday as it traded in tandem with traditional markets. The benchmark cryptocurrency closed the New York session...
Bitcoin Fractal from June 2020 Hints Major Bull Run Ahead
Bitcoin may head higher in the coming sessions based on its price action’s similarities with a fractal from June 2020. First spotted by TradingShot, an independent trading...
Bitcoin This Week: All Eyes on Fed Meeting After $10,500-Rejection
Bitcoin closed last week with a brief jump above $10,500, a critical resistance target that excited traders into booking their short-term profits. The result was a dump...
Risks of Bitcoin Plunging to $8.8K Persist Despite Strong Intraday Gains
Bitcoin retraced to the downside sharply after testing levels near $10,500 on profit-taking sentiment. Nevertheless, the cryptocurrency so far has failed to extend its bearish momentum...
Bitcoin Rises Ahead of ECB Meet; How Eurozone Could Impact Price?
Bitcoin bounced back on Thursday as the dollar weakened. But the cryptocurrency refrained from making any significant moves ahead of the European Central Bank’s monetary policy...
Will Europe Beat China in the Central Bank Crypto Race?
The European Central Bank has been urged to move quickly w.r.t it’s crypto euro launch if it is to gain the edge over other regions (read China). Crypto Euro Plans Pursued...
Bitcoin Nears Half the Age of the Average Fiat Currency
Bitcoin (BTC) is headed to its 11th anniversary, inviting comparison to the life cycle of fiat currencies. Commenters pointed out that fiat currencies are actually prone to crises, and...