Bitcoin breaking through $12K is huge but don't expect higher prices before 2021
Bitcoin price may now see sideways action for a few months after breaking through crucial multi-year resistance at $12,000. The previous week has been tremendous for Bitcoin (BTC) investors as price broke the crucial barrier of $12,000, culminating in a surge from $11,300 to $13,300, a rally of $2,000 within a week. A new yearly high was printed, while the dollar has been showing weakness as well. Next to that, multiple listed companies came along with statements regarding allocations of Bitcoin rather than the U.S. Dollar. All these arguments line up for a continuation of the bull market,....
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QNT price holds strong above 50 and 200 EMA on a higher timeframe. QNT rallies as price eyes $160 despite the crypto experiencing a bloodbath across the market. The price faces resistance at $144 in the weekly timeframe. Quant (QNT) price has recently shown bullish strength against tether (USDT) as price trends higher above expectations. The price of Quant (QNT) has shown its strength despite Bitcoin (BTC) pulling most altcoins down after a rally from $19,000 to a region of $20,400, with the price rejected instantly from that region. (Data from Binance) Related Reading: TA: Ethereum....
Key Highlights. Dash prices declined, as there was no major catalyst to take it higher. An ascending channel, which was highlighted in yesterday's post was breached to open the doors for more losses. 0120BTC is a major support, which holds a lot of importance and if sellers succeed in breaking it, prices might move lower. Dash prices continued to stay above 0.0120BTC, but it remains at risk of a major decline if the buyers fail to push prices higher. 100 MA as Resistance. As mentioned, sellers managed to take the price below a critical channel support area, triggering a downside reaction.....
Key Bitcoin Takeaways Bitcoin prices jumps back above $52,000 and pushes higher. The gains appear as bond sell-off cools down after a week of turbulence. Greg Waisman, the co-founder of crypto wallet service Mercuryo, suggests BTC/USD could hit $60,000 in the coming sessions. Bitcoin prices rose Wednesday, breaking above $52,000 for the first time in […]
ZIL was on the rise yet again to end the week, as prices are now trading almost 300% higher than on Monday. The increase in value comes as markets gear up to the release of Zilliqa’s metaverse service platform called “Metapolis.” Many expect the official launch to come tomorrow, and anticipate it to be a game-changer in this space. Zilliqa (ZIL) ZIL extended this week’s gains, climbing by as much as 14% today, taking its one-week price increase to over 300%. Surges in the price of the Zilliqa token came as markets anticipated a new product launch that would....
Bitcoin enjoyed a historic price rise in 2020 and into 2021. But what could the rest of the year bring for BTC? The post Bitcoin Investment In 2021: What Should We Expect? appeared first on Bitcoin Magazine.