Bitcoin sees record 100 days above $10K as one analyst eyes ‘parabolic’ 2021
A fresh record for BTC price action on U.S. election day means that $100,000 could now form a price target, historical data suggests. Bitcoin (BTC) has officially beaten a new record as BTC/USD trades above $10,000 for 100 days, and major gains should come next.As voting in the United States’ presidential election ended on Nov. 3, Bitcoin saw a landmark moment of its own — 100 days straight trading in five figures.Bitcoin sees record stretch above $10,000The achievement is not just impressive as a record for $10,000-plus prices. According to previous data, once Bitcoin trades above these....
Related News
Bloomberg's top ETF analyst Eric Balchunas sees 2021 has explained why the approval of a bitcoin ETF in the U.S. might be imminent.
A recent meltdown in the Bitcoin price from its record high near $42,000 has done little to shake its bullish bias, at least according to a Bloomberg analyst.
According to market analyst Vince Prince, it is likely for Bitcoin to print a new record high before undergoing a bearish correction.
Dogecoin is on the verge of a massive breakout, according to one crypto analyst. The meme coin which has maintained a rather consistent uptrend over the last few days seems to just be getting started as analyst Ali Martinez sees a surge to $1.6. Dogecoin Price Primed For 2200% Move In a recent analysis posted […]
The ProShares Bitcoin ETF has beaten an 18-year-old record for the fastest fund to a billion-dollar AUM. Since the ProShares Bitcoin Strategy ETF started trading this week, it has become the fastest fund ever to reach $1 billion in assets under management (AUM).The highly anticipated launch of the first Bitcoin futures exchange-traded fund in the United States, BITO, has resulted in a number of milestone achievements.Bloomberg senior ETF analyst Eric Balchunas reported that the fund was the quickest ever to reach a ten-figure AUM after just two days of trading. BITO easily surpassed the....