Will ESG Be Behind The Next Bullish Bitcoin Narrative?
It might be hard to find a bullish narrative for Bitcoin currently. The inflation hedge has plummeted during the worst inflation in 40 years. It hasn’t acted as a safe haven during war, a pandemic, or anything else. In fact, given the recent price action, few would argue in the favor of cryptocurrency. But what […]
Related News
It may be that the most-cited narrative of bitcoin is simply one of many aspects in this global technological adoption.
What we have learned about bitcoin after the unexpected hash rate drop reinforces the bullish narrative.
A vaccine merely triggers inflation, allowing more institutions/investors to exchange their cash holdings for the cryptocurrency.
Bitcoin price is in a precarious location. The asset set a new all-time high just days ago but is trading below the record and starting to decline. The shifting momentum is now presenting in technical indicators supplying bearish signals, adding to the double top narrative that’s been building since failing to break $20,000. Here are […]
A new narrative has suddenly spread across the crypto market potentially presenting a bullish case behind Bitcoin’s recent resiliency. The reason? A possible retail buying frenzy in China spurred by the Chinese government themselves. While the idea is plausible, and the crypto asset failing to return under $10,000 could back up the theory, analysts could be overlooking another clear reason for a sudden sharp increase in non-zero BTC wallets. Respected Bitcoin Analyst Sheds Light On […]