Over $3.54 Billion Liquidated in a Shocking Day for Bitcoin
Yesterday, Bitcoin fell from $52,000 to $43,000 in less than an hour. This unexpected plunge had traders dazed and confused as to why and how it happened. This brutal collapse led to a total of $3.54 Billion of liquidation in derivative markets according to Cryptodiffer. What Exactly Happened with Bitcoin? Taking a look at the […]
Bitcoin Price Analysis and Predictions; September 8, 2021
Yesterday, Bitcoin price had a brutal 15% decline and touched $42,000. Currently BTC is recovering but there is a chance sellers take control around the $48,500 and $49,000 resistance levels. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin price broke through the crucial $50,000 and $48,000 support levels in a […]
Elizabeth Warren Calls crypto “the New Shadow Bank”
The Massachusetts senator Elizabeth warren has always been an outspoken crypto Skeptic. In a recent interview with the New York Times, Warren called crypto the “new shadow bank”. Senator Warren had called for strong regulatory actions on the cryptocurrency industry in open letters to the SEC. However, in the Sunday interview with the times, she […]
Bitcoin Price Analysis and Predictions; September 7, 2021
Bitcoin price surpassed the $52,00 resistance level. The buyers are providing good support and it is likely Bitcoin price reaches $55,000. Here is a summary of Bitcoin in the past 24 hours: Bitcoin surpassed the $51,500 and $52,000 resistance levels. Currently BTC is above $52,000 and the 1-hour candles are above the SMA100 For the […]
Bitcoin On Path to 100k According to Bloomberg
The September Edition of Bloomberg’s Crypto Outlook is extremely bullish on Bitcoin. According to the report, reaching $100k for Bitcoin and $500 for Ethereum “is a path of least resistance”. As Bitcoin is reaching new heights, Bloomberg’s Senior Commodity Strategist Mike McGlone has called it the digital reserve asset. Bitcoin in the Global Financial System […]
Bitcoin Price Analysis and Predictions; September 5, 2021
Bitcoin price is ranging between $49,500 and $50,400. In case the $$49,500 holds the price, there is chance for short-term upward movement. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin is ranging above the $49,500 support level. Currently, BTC is over $49,500 and the 1-hour candles are above the SMA100 […]
Bitcoin Price Analysis and Predictions; September 4, 2021
Bitcoin price grew up to $51,020 yet faced a resistance and had to back down a little before starting a new bullish trend. Surpassing the $51,400 resistance level means a likely growth in short-term is to follow. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin price successfully surpassed the $49,200, […]
China Crackdowns on Bitcoin; Why so harsh? (Opinion)
The China crackdowns on cryptocurrencies were se quick and so harsh as if mining has always been a criminal activity. There are multiple reasons for this decision and speculations are endless. However, in this article we shall discuss one underrated reason on why the China crackdowns happened the way they did. Taking a look at […]
Bitcoin Price Analysis and Predictions; September 2, 2021
Bitcoin price managed to start a new bullish trend above the $48,000 resistance level. Currently Bitcoin price is above $49,500 and by reaching $50K, the bull run will gain momentum. Here is a summary of Bitcoin price in the past 24 hours: BTC broke the $48,500 and $49,000 resistance levels. Currently Bitcoin is well-above $49,000 […]
Bitcoin Price Analysis and Predictions; August 31, 2021
Bitcoin price found good support at around $47,150 and started an upward trend. BTC needs to stabilize above the SMA100 in order to have further growth. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin Price Action Analysis In a brutal bear run, Bitcoin price broke the $48,000 support and even […]
Bitcoin Price Analysis and Predictions; August 26, 2021
Bitcoin price found good support at around $47,150 and started an upward trend. BTC needs to stabilize above the SMA100 in order to have further growth. Here is a summary of Bitcoin price in the past 24 hours: BTC had a dip all the way down to $47,000 Currently, Bitcoin price is around $47,000 and […]
Bitcoin Price Analysis and Predictions; August 25, 2021
Bitcoin price had to back down a bit after touching the $50,000. It is likely that it would go below the $47,600 in short-term. Here is a summary of Bitcoin in the past 24 hours: Bitcoin price failed to stabilize above $50,000 and started a downward trend. Currently, BTC is below $48,600 and the 1-hour […]