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 […]
After breaking with the mid term bullish structure we retraced back 61.8% of last week’s range and printed a new fresh higher low.Price is trading inside of a bullish flag and a break of the flag could catapult price to retest the structure highs at around the 37750 level which confluences with the 1.618% […]
2020 год для Grayscale зафиксировал свой лучший год, но с огромными вложениями, в основном от институциональных инвесторов, несмотря на драматические события, которые преследовали тот год. Криптовалютный инвестиционный фонд опубликовал рекордные показатели за первые три квартала 2020 года и значительно лучшие отчеты в четвертом квартале. Фирма сообщила, что общий объем инвестиций за последние три месяца […]
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 has rallied more than 32% since it bounced from the $32,000 level on Monday all trading inside of a very structured move. We have pulled back to the previous broken level inside of a bullish flag printing massive hidden bullish divergence on the way. Should this flag breakout we could see BTC rally to […]
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 […]
Несмотря на то, что Биткойн (BTC) собрал базу институциональных инвесторов, эксперт с Уолл-стрит Джефф Кюри отметил, что рынок по-прежнему остро нуждается в институциональных инвестициях для поддержания своей стабильности. Свое мнение глава отдела сырьевых исследований Goldman Sachs высказал в недавнем интервью CNBC. Раньше многие компании […]
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 […]
