Altseason and $30K in sight: 5 things to watch in Bitcoin as 2020 ends
A Christmas full of cheer for hodlers tops out above $28,000, amid warnings that Bitcoin is already in regulators' crosshairs for 2021. Bitcoin (BTC) has had a week like no other, hitting fresh record highs of $28,400 and staying near the top — what's next.As markets return to digest a wild Christmas, Cointelegraph presents five factors set to help with Bitcoin price direction this week.Gold surges as Trump signs stimulus bullMarkets have been spared a nightmare this week after U.S. President Donald Trump agreed to sign off on Congress’ $900 billion coronavirus stimulus bill. Set to add a....
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CEO and Co-founder of crypto education media firm Coinbureau, Nic Puckrin has shared a “realistic” take on the altseason. The former TradFi entrepreneur and prominent digital asset advocate has highlighted three necessary conditions to usher in an altseason. Related Reading: Bitcoin Escapes Tight Range After Week Of Compression – Next Stop $100K? Altseason Still On […]
It’s been a few days since we last looked at the bitcoin price from the five-minute perspective (this author had a bit of time of for Christmas) and price has moved a lot across the period. We said heading into December that things might end up being a little slow – that the low(ish) volume caused by the market inactivity across the wider and more traditional financial assets may filter in to the crypto space. As it turns out, this hasn’t been the case. Things have been pretty volatile, and there’s not been any real dip in volume. You could argue this is a result of the Asian (and....
On this episode of "Fed Watch," the hosts discuss the year's policies from the world's foremost central banks. The post Reviewing Central Bank Policy In 2020 With Fed Watch appeared first on Bitcoin Magazine.
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
As the cycle progresses, many investors are awaiting the long-anticipated Altseason, with opinions split on whether it will happen. Several market watchers have affirmed that Altcoins (Alts) are getting ready for an explosive breakout, but others, including CryptoQuant’s CEO, have suggested a different outlook. Related Reading: Nansen’s Bitcoin On-Chain Analytics Reveal 42% Increase In BTC Transactions Few Cryptocurrencies To ‘Survive’ The Altseason On Friday, Ki Young Ju, CryptoQuant’s founder and CEO, affirmed that the Altseason has begun. In an X thread, Ju suggested that there will not....