Bitcoin Price Is Not Moving Higher: Do Not Be Afraid of Pause in BTC
On Thursday, December 10th, BTC is correcting, trading at 18,478 USD. This is a pause to put your nerves “in order” – you will definitely need them later.
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
Tech analysis of BTC: pause in growth.
The BTC dynamics might be dangerous...
Bitcoin whale accumulation trend on Bitfinex shows $14k or lower isn’t likely
Whales on Bitfinex have been accumulating after the recent Bitcoin dip. The market trend shows extremely low price targets, like $14,000, are less likely in the near term.Accumulation ongoing as Bitcoin begins to recoverBitcoin briefly dropped to around $17,600 in a sharp intraday drop....
Bridgewater’s Ray Dalio Softens Stance on Bitcoin, Says It Has Place in Investors’ Portfolios
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has offered a more positive stance on bitcoin than in comments that made headlines last month.
In a Reddit Ask Me Anything (AMA) on Tuesday, Dalio said he thought bitcoin and other cryptocurrencies...
JPMorgan admits Bitcoin’s growth represents a risk to gold as an investment
Bitcoin has strongly outperformed gold over the past few months.Since the leading precious metal peaked this past summer at new all-time highs above $2,050, it has faced a 10 percent correction, dropping, then consolidating in the $1,800 region.BTC, on the other hand, has doubled...
Mike Novogratz Declares 50% Net Worth in Crypto
Mike Novogratz believes that the world would transform from the era of bank accounts to crypto wallets. With the increasing use of digital assets, financial institutions would be forced to integrate cryptocurrencies.
The founder and CEO of Galaxy Digital Mike Novogratz has revealed that 50%...
MicroStrategy Down 14%, Citigroup Analyst Downgrades MSTR Stock from Neutral to Sell
The downgrade of the MicroStrategy stock from Neutral to Sell has its toll on investor’s sentiment and it is reflected in the current MSTR stock price.Citigroup Inc (NYSE: C) appears not to be so intrigued by the bullish run of MicroStrategy Incorporated (NASDAQ: MSTR),...
Bitcoin Dissidents: Those Who Need It Most
“You can say that Bitcoin’s headquarters is in Lagos now. Or in Minsk. Or Hong Kong.”
The year 2020, shaped by the global pandemic and political and economic crises worldwide, made us reconsider many things. Stuff that didn’t catch much attention before starts to matter....
Market Wrap: Bitcoin Steadies at $18.7K; Big Ether Options Position Around $1,120 Isn’t Bullish
Volume doldrums and December sluggishness caused bitcoin to slip steadily below $19,000; ether options above spot are highest at $1,120 strike price.
Bitcoin (BTC) trading around $18,705 as of 21:00 UTC (4 p.m. ET). Slipping 1.7% over the previous 24 hours.
Bitcoin’s 24-hour range: $18,629-$19,299 (CoinDesk...
Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week
Bitcoin has fallen precipitously in the past few hours and is testing a key level of psychological support near $18,000.
At around 06:00 UTC on Dec. 8, the price of the world’s first cryptocurrency fell to around $18,031 from $18,770. It subsequently retraced slightly to...
First Mover: Wells Fargo Bitcoin Briefing Could Signal Bull Run Intact
Bitcoin was lower for a second day, dropping below $19,000 after bulls failed to push prices past the psychological $20,000 threshold.
“The overly confident market has been dampened,” the Norwegian crypto-market analysis firm Arcane Research wrote Tuesday in a report.
In traditional markets, European shares slid, led by travel-related companies, and...
