Bitcoin price is trading just below the key level of $10,000, and a decisive break of resistance could kickstart the next crypto bull market.Any dips at this point in Bitcoin are likely meant for buying, and according to one prominent crypto analyst who has made a number of accurate calls, expects at least one more…
A global macro economist and well-known investor, has shared not one, or two, but three of what he refers to as “perfect” Bitcoin price charts.Two out of the three charts point to realistic upside targets of $1 million per BTC. Can Bitcoin truly reach a valuation so high?Realizing Bitcoin’s Long-Term Disruptive PotentialBitcoin has incredible disruptive…
To soften the critical blow dealt by the coronavirus to the United States economy, the government issued stimulus checks on last month, and according to data, much of these stimulus checks made their way into Bitcoin and other crypto assets.The boost in economic activity and spare cash may be partly responsible for the recent bullish…
The crypto industry was thrilled to learn that legendary macro investor Paul Tudor Jones gave Bitcoin and honorable mention within one of this latest market outlook reports.In this report, he explained to investors that he believes Bitcoin will likely be the big winner of the mass inflation resulting from the loose monetary policies being undertaken…
Billionaire hedge fund pioneer Paul Tudor Jones sees bitcoin leaping above $20,000.The Tudor Investment Corporation founder compared the decade-old cryptocurrency with the gold market in the 1970s.The yellow metal’s fractal hinted at bitcoin rising about 100 percent after it closes above its all-time high.Famed hedge fund manager Paul Tudor Jones believes Bitcoin could fly way…
After weeks of bullish price action, Bitcoin finally topped $10,000 today, rallying as high as $10,100 on the back of an influx of buying pressure.Many say that this recent move sets the stage for even greater growth, but a trader recently argued that BTC printed a “perfected” sell setup. The setup was the exact same…
Bitcoin crossed above $10,000 in late trading Thursday but failed to extend the upside momentum.Traders sold the cryptocurrency’s two-month top for short-term profits, driving prices down by 3.17 percent into the Asian session.A battle between bearish technicals and bullish fundamentals is brewing inside the bitcoin market, with bears looking to win the next round.A string…
Bitcoin is up more than 7% and it broke the $10,000 resistance against the US Dollar. BTC is showing many bullish signs on the daily chart and it is likely to test $10,500.Bitcoin is gaining bullish momentum and it recently spiked above $10,000.The current crypto market sentiment is very positive, suggesting more upsides towards $10,500.There…
Bitcoin has been caught within the throes of an explosive uptrend throughout the past several days and weeks.Buyers have allowed the cryptocurrency to put some serious distance between its recent lows of $3,800, now attempting to propel it firmly into the five-figure price region.The “V-shaped recovery” seen in the time following its mid-March meltdown has…
Although Bitcoin has erupted over the past 24 hours, XRP has remained muted. The top altcoin is up 1% in the past 24 hours while BTC has surged 8% higher, failing to react to Bitcoin breaking past $10,000.This price action has convinced analysts that XRP is poised to retrace, in spite of the influx of…