Analyst Explains Why Bitcoin Price Is Not Rallying Alongside Gold And The Sto...
Crypto analyst Matthew Hylan has commented on the Bitcoin price action as it continues to lag behind gold and the stock market. This comes as BTC suffers another downtrend despite recent bullish macro factors. Why The Bitcoin Price Is Lagging Behind Gold and The Stock Market In an X post, the analyst noted that the […]
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Bitcoin has the potential to hit $56,000 in the coming sessions, asserted independent market analyst Josh Rager. The Blockroot.com founder said in a tweet published Tuesday that BTC/USD could keep on rallying higher based on two reasons. First, the recent approval of US President Joe Biden’s $1.9 trillion stimulus package in the Senate could assist […]
Crypto analyst Egrag Crypto has revealed the chances of the XRP price rallying to $9 in this market cycle. He alluded to performances in previous cycles to explain why he believes this $9 target is the minimum for this cycle, with the possibility that XRP could reach higher prices. Chances Of The XRP Price Rallying to $9 In an X post, Egrag Crypto revealed a 57% chance that the XRP price will rally to $9. This came as he highlighted a descending broadening wedge, which he claimed has a 57% chance of breaking to the upside and a 43% chance of breaking to the downside. He advised those....
Veteran investor Mark Mobius, the founder of Mobius Capital, explains why the price of bitcoin is rallying as the Russia-Ukraine crisis deepens. “Bitcoin is showing strength now because the Russians have a way of getting money out,” he said.
Mark Mobius on Why Bitcoin’s Price Is Rising
The founder of Mobius Capital Partners, Mark Mobius, explained why the price of bitcoin has been rallying in an interview with CNBC Tuesday as the crisis between Russia and Ukraine escalates.
Prior to starting his own company, Mobius was executive chairman of....
On Monday, Sven Henrich, the founder and the lead market strategist for northmantrader.com discussed bitcoin “rallying in the face of this crisis.” The technical analyst and market commentator highlighted four reasons why he believes bitcoin’s value surged — “Fundamental, Sentiment, Technical, [and] Safety trade.”
Northmantrader’s Founder Sven Henrich Describes Why He Thinks ‘Bitcoin Is Rallying in the Face of Crisis’
The price of bitcoin (BTC) surged on Monday to a high of $44,256 per unit at 5:35 p.m. (EST).....
PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold. The market capitalization of gold-backed crypto tokens increased by 60% in 2022 to surpass $1 billion for the first time in history, according to Arcane Research in its latest weekly report. Gold shines, Bitcoin disappointsIn 2022, investors have been rushing to the perceived safety of gold-backed crypto assets, whose value is pegged to the price of gold. Namely, PAX Gold (PAXG), Tether Gold (XAUT), and similar precious metal-backed digital assets have been....