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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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....
Michaal van de Poppe, a top crypto analyst, has offered his thoughts on the prospect of a new altseason, highlighting three cryptos that appear to be primed for new breakouts. In a new video, Van de Poppe tells his 103,000 subscribers that despite the harsh late-May correction that saw Bitcoin tumble to $30,000, an altseason […]
It happens every cycle. During a bull run, Bitcoin reaches some kind of temporal stability and traders get bored. And if a sharp drop in prices mixes with that, traders run out of the building through the window. It’s human nature. It’s Altseason. The grass is always greener on the other side. Related Reading | […]
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%.