Bitcoin briefly hit an all-time high before a flash crash. Now, it is struggling to get past $19,500 — and some traders are nervous.
$50K BTC in 2021? Bloomberg Analysts Join the ‘Traditional Onslaught’ Driving Bitcoin’s Rally
A new crypto outlook from Bloomberg suggests BTC could reach $50K in 2021, topping off a month of major institutional momentum for the asset.
‘Bet on Bitcoin’s inevitability’: Here’s what 5 crypto experts say about its price hitting an all-time high near $20,000 this week
Five crypto experts weighed in on its rally, explaining why Bitcoin has room to go higher and how the dollar’s weakness will fuel it further.
Microstrategy Buys More Bitcoin, Now Holding BTC Worth Over $780 Million in Treasury
Nasdaq-listed billion-dollar company Microstrategy has made its third large bitcoin purchase. The company now holds about 40,824 bitcoins, worth over $780 million at the current price.
MicroStrategy Goes Deeper In Bitcoin: Buys At $19,400 Average Price
It seems to start giving the firm dividends, as well. MicroStrategy had its shares go up by a factor of 170% when it was first announced.
Bitcoin whales selling to institutions as grayscale adds 7,188 BTC in 24 hours
Bitcoin (BTC) whales appear to be selling to institutions as the supply squeeze heightens below $20,000. Data from various sources shows that while more BTC returned to exchanges this week, largescale …
Psychology, Sell Pressures Keep Bitcoin Below $20K
The reason that milestone remains elusive, according to analysts and traders, is simple: There are too many sell orders very near the $20,000 level because some bitcoin holders are afraid of near-term …
Bitcoin Price Prediction: BTC/USD Price Largely in Control of Bears, Trades Even Below $18,900
At the beginning of this week, BTC/USD turned heads with its majestic rise to highs above the potential $19,915 level. Meanwhile, the BTC price did not sta …
Bitcoin: We’ve Reached Escape Velocity
Many investors felt certain that bitcoin was revving up for a clear break of $20,000 on its first attempt but those dreams were quickly dashed with sellers rejecting the advance.
Bitcoin Price Could Hit $50K in 2021, Bloomberg Analysts Say
The path of least resistance for bitcoin is on the higher side, and the cryptocurrency could more than double from its current value in 2021, according to Bloomberg analysts. “Bitcoin will maintain …
Bitcoin Price Prediction: Family Who Invested Everything In BTC Sees $200,000 Value By 2022
Didi Taihuttu, who sold everything for Bitcoin in 2017, is convinced the benchmark cryptocurrency will see an upsurge up to $200,000 by 2022.
Bitcoin price correction begins — Here’s how low BTC can go
The price of Bitcoin may be due for a deeper correction as the upward momentum is showing weakness. The price of Bitcoin ( BTC) has been seeing a massive run in recent months as it surged by almost …
Whales May Attempt to Dump Bitcoin above $19K, OKEx Analyst Warns
Bitcoin bulls should brace for an impact from traders holding larger quantities of the cryptocurrency tokens, warns Robbie Liu.
Blockchain Bites: Bitcoin’s Edge as a Hedge and Crypto’s Reaction to the STABLE Act
All it took was a proposed bill to further regulate stablecoin issuers, the so-called STABLE Act. The Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act would require stablecoin issuers …
11 Bitcoin And Blockchain Leaders Made Forbes 30 Under 30 List
As this year’s Forbes 30 Under 30 list makes abundantly clear, the most talented young leaders in the cryptocurrency space are among the most talented young leaders in the world. Period.
Volatile bitcoin not yet a store of value: Fidelity digital assets boss
Bitcoin is still too volatile to act as a true store of value, though investors hope it will assume that role, the head of the digital assets arm of Fidelity Investments said on Thursday.
Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode
The price of bitcoin is trending up in a low-volume environment. Meanwhile, some rebalancing from bitcoin into ether has been occurring on exchanges since late November. Bitcoin (BTC) trading around …
Bitcoin price metric that called 2020 bull runs flashes ‘buy’ again
An “elegant” Bitcoin (BTC) metric that predicted its run to $12,000 in August has flashed bullish again for the first time since July. As noted by creator Charles Edwards on Dec. 3, the Hash Ribbons …
GDA Group Launches Collateralized Lending For Bitcoin Investors
Toronto-based GDA Group, a North American digital assets firm specializing in capital advisory and trading services to institutional investors, announced the launch of GDA Lending.
This Family Bet Everything on Bitcoin When It Was $900 – and Bought More When It Crashed in 2018
This family sold everything it owned in 2017 to make a big bet on bitcoin. Four years and 40 countries later, and it’s still all in on cryptocurrencies.
$10,000 is 2021 Bitcoin base for more of the same toward $50,000
A risk-off decline like 1Q’s could return Bitcoin toward $10,000 support in 2021, but we believe the path of least resistance remains higher.