Bitcoin New All-Time Cleared, $100,000 Straight Ahead?
Bitcoin has now set a new all-time high above $67K, a price range that one would have thought impossible when the market slowed to a crawl in September. Investors across the market are back in the green after enduring a brutal month and sentiment could not be more positive. This has translated to more faith in the market as more money flows into crypto. However, hitting a new all-time high does not mean that the market stops moving. If anything, times like these are crucial for the digital asset in the long term as the market could go either way. With this in mind, Coindesk talked to....
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Bitcoin. As we look back on the week Bitcoin was clearly a win. Up from ~ $630 to $710 since this time last week. Ethereum on the other hand, was a loser, down from ~ $13 to ~ $10.75. Happily, our readers were on the right side of these trades for the last week. Having a good week is cause for celebration, but there is always next week to consider. Is it time to take profits on our positions? Let’s start by looking at bitcoin’s daily chart. As you can see the latest advance began after pricetime cleared the 3rd arc [pair. It went almost straight up until it hit the 1×2 Gann angle, where it....
Bitcoin has been rejected in the high area around its current levels and trends to the downside in the daily chart. At press time, BTC’s price has slide back into early week levels trading at $62,668 with a 5.1% loss in the daily chart. The bullish sentiment remains as Bitcoin has been able to retain its profits in higher timeframes. The benchmark crypto smashed its previous all-time high at $65,000 and roared its way up to the $68,000. Related Reading | Lucky Buyers Possibly Bag $8K Bitcoin During Early Morning Flash Crash Analyst John Wick believes Bitcoin could follow a similar....
Mariah Carey has now solidified her stance in the bitcoin industry. The five-time Grammy winner had teamed up with the Winklevoss twins’ crypto exchange Gemini to launch a campaign that was aimed at empowering women around the world using crypto. The singer announced the partnership with Gemini via Instagram. In the informative Instagram post, Mariah Carey encourages people to sign up on Gemini and learn about crypto. Carey boasts a following of over 10 million on the platform and is using her influence to encourage more women to get invested in the space. Although the post was tagged as a....
Ethereum has seen a strong bounce since the September lows near $310. The coin now trades for $455, though peaked at $465 a few days ago. Technical trends show that the cryptocurrency will likely continue its ascent in the months ahead. Analysts are specifically eyeing a move toward $800, as that’s where macro resistance lies. Ethereum Technical Trends Suggest Growth Toward $800 Possible Ethereum has seen a strong bounce since the September lows near $310. […]
On-chain data shows exchanges have now observed large Bitcoin outflows for the third straight week as price continues to recover. Bitcoin Exchange Netflow Remains Negative For 3rd Consecutive Week As per the latest weekly report from Glassnode, the BTC netflow has continued to show negative values for the third straight week now. The “exchange net […]