According to a recent report by Bloomberg, JPMorgan Chase & Co strategists, led by Nikolaos Panigirtzoglou, have cited that Bitcoin (BTC) has to reclaim the $40k level soon or risks losing its bullish momentum and trend-following investors. The team added that the pattern of demand for BTC futures and the Grayscale Bitcoin Trust (GBTC) could […]
Etter å ha brutt med den bullish-strukturen på mellomlang sikt, gikk vi tilbake 61.8 % av forrige ukes rekkevidde og skrev ut en ny frisk høyere lavpris. Prisen handles på innsiden av et bullish flagg, og et brudd på flagget kan katapulere prisen for å teste strukturhøydene på rundt 37750 nivå som sammenfaller med 1.618% […]
Grayscale recorded its best year in 2020 yet with massive allocations, mostly from institutional investors, despite the dramatic events that plagued that year. The cryptocurrency investment fund posted record-breaking numbers in the first three quarters of 2020 and profoundly better reports in Q4. The firm reported that the total investments in the last three months […]
The cryptocurrency industry is taking no breaks in its erratic moves. The past few weeks are testimony to this fact. Over the past few hours, Bitcoin (BTC)—and many altcoins—have recorded yet another erratic session, leading to significant liquidation across the board. Reports show that about $400 million worth of both long and short positions have […]
Bitcoin har steget mer enn 32 % siden den hoppet fra $32,000 XNUMX-nivået på mandag, all handel innenfor et veldig strukturert trekk. Vi har trukket tilbake til det forrige brutte nivået på innsiden av et bullish flagg som skriver ut massiv skjult bullish divergens på veien. Skulle dette flagget bryte ut, kunne vi se BTC rally for å […]
eToro, on the largest trading platform, recently notified its users that there could be disruptions in their cryptocurrency trading services due to extreme demand. The exchange went on to explain that it was experiencing “unprecedented conditions on crypto markets,” as Bitcoin (BTC) prices and the cryptocurrency market cap are close to their highest levels in […]
Til tross for den styrkende institusjonelle investorbasen Bitcoin (BTC) har samlet, bemerket Wall Street-ekspert, Jeff Curie, at markedet fremdeles har et betydelig behov for institusjonell investeringstilstedeværelse for å styrke stabiliteten. Head of Commodities Research ved Goldman Sachs gjorde sin mening kjent i et nylig intervju med CNBC. Før nå har mange selskaper [...]
Strategists at JPMorgan Chase & Co have alerted that the approval of a Bitcoin exchange-traded fund (ETF) in the US could have dire consequences on Bitcoin’s (BTC) short-term price action. The proposed reason for the price drop is that an approved ETF could become a major competition for institutional investment for the world’s largest traded […]
Today has been a very volatile day for Bitcoin (BTC), albeit in favor of bears. The benchmark cryptocurrency tumbled by more than $11k, or 26%, to record a daily low at $30,250. BTC’s bearish nightmare began after it hit $42k for the first time. However, some analysts have highlighted four possible factors behind the recent […]
