Analyst Expects Bitcoin Price to Hit $27,000; Here’s Why
Bitcoin may hit $27,000 in the coming sessions, says an analyst. The analogy appeared as the cryptocurrency trends inside a Bullish Pennant structure on its...
Bitcoin Rises on Positive US Jobs Report: Why Analyst Sees a Correction
Bitcoin rose in the first session of July as it maintained its short-term positive correlation with the S&P 500. The gains followed the release of...
This Eerie Bitcoin Fractal Sees Price above $70,000 by mid-2021
Bitcoin is on the cusp of breaking out towards levels above $70,000, according to an eerily identical fractal. Spotted first by Artem Shevelev, a market...
A U.S. Stimulus-Backed Rebound Could Fuel a Bitcoin Bull Rally: Here’s Why
Bitcoin kicked off this week with a modest move higher, rising 0.78 percent as of Monday’s close. The gains followed a sharp sell-off last week...
Converging Bitcoin Indicators See Price Stagnant at $8,000s Until Sept 2020
Risks of Bitcoin price moving towards $8,2000 in the next quarter are growing, per two historically accurate technical indicators. The benchmark cryptocurrency has been trending...
How Bitcoin Would React to Massive $1B Options Expiry Today
Bitcoin options contracts with a notational value worth $1 billion will expire on Friday across several derivatives exchanges. Observers anticipate the record expiration to wake...
Bitcoin May Soon Explode as 10-Day Volatility Craters to Yearly Low
Bitcoin is trading inside a tight range with its 10-day realized volatility dropping to a year-to-date low of 30 percent. Several analysts point to a...