Bitcoin Price Watch; Be Careful Out There...
Here's a look at what we are focusing on in the bitcoin price this evening. Well, who would have thought it. There have been a few weeks over the last couple of years in the bitcoin price, during which price has soared across a couple of sessions in a row, but none really like what we’ve seen during the last couple of weeks. Price has rocketed from around the 800 mark to where it currently sits – above the 1200 level – and doesn’t look like it’s going to slow down near time. It’s exciting, but I’m going to put a bit of a dampener on things. Traders need to be careful at these levels. We’re....
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Here’s what we are focusing on for this morning’s session in the bitcoin price. Over the last few months, we have repeatedly noted the big moves in the bitcoin price, during the weekend. Primarily, this is a result of volume out of Asia, but also it seems to be a time at which markets unwind in a particular direction, and this unwinding translates to sustained volatility. This weekend is no different, however, the magnitude of the move altered slightly. Specifically, price broke through the 600 level – a level that we had slated as psychologically significant early last week – and....
Crypto analyst CasiTrades has indicated that the XRP price could drop to a final low before it begins its next leg to the upside. In line with this, she highlighted the target to watch out for as altcoin looks to end this downtrend and begin its recovery. Level To Watch As XRP Price Eyes Final […]
As the markets closed yesterday afternoon, we published the second of our twice-daily Bitcoin price watch pieces. In the article, we noted that-as a response to the upside momentum we had experienced overnight-we should be very careful with our upside trades. Why? Because we expected some profit taking as the speculators took their medium term earnings off the table. Action has now matured overnight and, low and behold, we got exactly what we expected. Having topped out somewhere in the region of $465 overnight, the Bitcoin price collapsed to intraday lows in the mid $430s before....
Over the past few weeks, the Dogecoin price has largely been moving sideways in a critical range around $0.09 to $0.10. The meme coin has been oscillating between key support and resistance zones, as the bulls and bears can’t seem to decide the next price direction. The latest on-chain evaluation has identified a specific support level to watch out for the Dogecoin price in the coming days. Support Levels To Watch In a February 21 post on the social media platform X, crypto analyst Ali Martinez identified a major critical support level around $0.096 and $0.074, with the latter price....
The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be very careful.”
JPMorgan Boss Jamie Dimon Warns About Investing in Crypto
JPMorgan Chase and Co’s (JPM.N) chief executive officer, Jamie Dimon, shared his thoughts on the U.S. economy, inflation, China, and cryptocurrency in an interview with CBS Boston, published Wednesday.
He was asked whether young people should invest in crypto in....