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…
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…
Just hours after our last market update, Bitcoin has topped $10,000. This is the first time the cryptocurrency has done this in over seven weeks.After holding $9,400 for all of Wednesday, the cryptocurrency surged higher over the past few hours, passing resistance after resistance in the $9,000s, culminating in the surge past $10,000 just minutes…
Just five days out from the Bitcoin block reward halving, analysts are buying coins en-masse in preparation for more upside.The cryptocurrency topped $9,750 just minutes ago for the first time since March, setting a new local high just shy of $9,800. With this, BTC is up 4% from ~$9,400 in the past 24 hours, outperforming…
Bitcoin price just touched over $9,500, while altcoins have set new lows on their BTC trading pairs.Amidst the crypto confusion, a highly reliable indicator just gave a mixed bag of signals that has only added to the usual state of the cryptocurrency market.Crypto Market Assets Appear to Be Deviating in Correlation CycleThe crypto market is…
Bitcoin’s halving is less than one week away. The crypto asset is trading at the top of a multi-year chart formation. And tonight is the Full Flower Moon.Is the stage set for a major halving-fueled Bitcoin breakout during tonight’s full moon?Stars Align For Major Cryptocurrency BreakoutBitcoin price is currently trading at over $9,300. The key…
As Bitcoin’s halving approaches, market participants appear to have mixed feelings about where the flagship cryptocurrency is headed next. Some of the most prominent analysts in the industry believe that BTC is poised to correct. But, there are others who expect a “face-melting” upswing.Regardless of the ambiguity that the pioneer cryptocurrency presents, on-chain metrics reveal…