Category: Bitcoin (BTC)

Bitcoin-Linked Stocks Surge as Crypto Market Sees Rejuvenation

The huge correlation between some key Wall Street firms and the cryptocurrency ecosystem was brought to the fore as the broader crypto rejuvenation stirred an upshoot in some Bitcoin-linked stocks. Having suffered a month-on-month regression in the combined market capitalization, the global cryptocurrency market has been placed on a path of revival following impressive news […]

Continue Reading

Bitcoin, Dogecoin Price Analysis: July 27, 2021

Bitcoin price spirals to $36,000 as bulls seek formidable support to launch attack mission at $40,000. Dogecoin price barely holds at $0.2 after rejection from $0.233. Following the remarkable gains at the beginning of the week, crypto assets have gradually sunk into the red. Corrections from the weekly highs are dominant, especially among the top […]

Continue Reading

Bitcoin Price Forecast: BTC Makes A Massive Run For $40,000 As Investor Sentiment Shoots Up

Bitcoin price breaks out amid a tight squeeze as bulls aim for recovery above $40,000. Vivid buy signals splashed within BTC’s short-time frame could sustain the uptrend. Bitcoin price soared by nearly 20% following a massive bullish comeback toward the end of the weekend and the start of the new week’s trading. The bellwether cryptocurrency […]

Continue Reading

This Year’s Gallup Poll Findings Suggest 6% of US Investors Own Bitcoin

This Year’s Gallup Poll Findings Suggest 6% of US Investors Own Bitcoin

Young U.S. investors are more interested in bitcoin investments than they were three years ago, according to a poll stemming from the Gallup Investor Optimism Index. This year’s poll surveyed 1,037 participants and findings suggest 6% of American investors own bitcoin. American Bitcoin Investors Increase by 4% in 3 Years The American survey and analytics […]

Continue Reading

Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support

Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support

The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range. […]

Continue Reading

BTC Price Today: Bitcoin Breaks 65 Day Falling Wedge Pattern, Is It Another Fake Out?

BTC has revived nearly 15% off lows set this week BTC price has been halted at major resistance zone 200MA continues to hold price down Daily BTC Price Overview After nearly 3 months of sideways price action throughout the market, BTC price is showing signs that a potential trend change is underway. Ever since BTC […]

Continue Reading

Bitcoin, Polkadot Price Analysis: July 23, 2021

Bitcoin price steadies the run from support at $29,000 by settling above $32,000. Polkadot leads recovery in the market alongside crypto assets like Stellar. The cryptocurrency boat has slowed down following a remarkable recovery from the slump earlier in the week. As crypto assets came up gasping for air, the hope for recovery blossomed among […]

Continue Reading

Bitcoin Price Prediction: BTC Strong Technicals and Fundamentals Flop At Critical Resistance, Delaying Recovery To $40,000

Bitcoin price remarkably ascended from levels under $30,000 but stalled slightly above $32,000. A falling wedge pattern adds credence to the bullish outlook, but key resistance stands in the way of recovery. Elon Musk’s founded Space Company, SpaceX owns Bitcoin. Bitcoin price bulls displayed the strength of their muscles on Wednesday, pulling up from areas […]

Continue Reading

Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty

Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty

On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market. Despite being a scary term, the time is usually the best time to […]

Continue Reading