The Best Place to Short Bitcoin is Above $14K, Analyst Explains Why

The Best Place to Short Bitcoin is Above $14K, Analyst Explains Why

Bitcoin bulls will enjoy domination over the market until its price breaches the $14,000-mark, according to Eugene Loza of EXCAVO.

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Dogecoin trader explains why shorting DOGE now makes sense

The independent market analyst will short Dogecoin even more if Elon Musk goes ahead with his plans to add DOGE payments to Twitter. Dogecoin (DOGE) has surged nearly 100% quarter-to-date (QTD) on hopes that Elon Musk would integrate the token onto the Twitter platform. However, DOGE's potential to continue its uptrend in the coming weeks is low, one popular market analyst argues.Short Dogecoin hard?Independent market analyst GCR said he is moderately short on DOGE based on its price's recent reaction to a Musk tweet. Notably, DOGE formed a local top at $0.158 on Nov. 1. The same day, Musk....

Bitcoin Analyst Explains Why Price Could Hit $56,000 And Beyond

Bitcoin has the potential to hit $56,000 in the coming sessions, asserted independent market analyst Josh Rager. The 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 […]