Bitcoin saw an intense downwards movement yesterday that led the benchmark cryptocurrency to erase the gains that came about as a result of its latest push towards the coveted five-figure price region.The crypto’s drop led it to erase nearly $2,000 from yesterday’s highs.It has been able to recover a small portion of these losses, although…
Like Bitcoin and other crypto assets, Chainlink (LINK) has been on a remarkable rally since the lows. The leading cryptocurrency this week hit a high of $4.20 — up 170% from the lows of March 12th — per data from Tradingview.LINK has only held above $4.00 for a short period of time. But a prominent analyst…
The devastating day now known as Black Thursday took Bitcoin price down to $3,800. The sharp collapse also knocked the asset out of a logarithmic growth curve it had been following its entire history.This latest, over 160% rally has now reclaimed that generational log curve, making it the greatest shake out the cryptocurrency market has…
After the powerful rally unfolding across the crypto market over the last several weeks, Bitcoin price failed to breach cleanly above $10,000 and hold. The move pushed the first-ever cryptocurrency into a supply zone dating back to the start of the bear market where it was rejected.The failure will likely result in Bitcoin price returning…
Another week, another round of Crypto Tidbits.itcoin has been one of the best-performing assets in financial markets over the past week, managing to rally as high as $10,100 — a price around 25% higher than two weeks ago. Altcoins, interestingly, have underperformed the market leader, with Ethereum and XRP both flatlining over the past week.Crypto’s strength…
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…
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…