3 Reasons Why Bitcoin Price Could Fall to $14,000
Bitcoin fell drastically this week, paring some of its December gains and maintaining its stretch of volatility on profit-taking sentiment among daytraders.
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One of the reasons behind the fall of Bitcoin price is said to be the upcoming referendum to decide upon Britain's exit from the European Union. After an impressive rally, Bitcoin is now appearing to be losing its bullish sheen, with its price dipping from $750 to $600 within the matter of few days. At the same time, there are different theories that are going around in parallel, explaining the cause for such a drastic fall. One of the reasons behind the fall of Bitcoin price is said to be the upcoming referendum to decide upon Britain’s exit from the European Union – popularly known as....
Bitcoin faces the prospects of breaking below $10,000 after failing to extend a rally that pushed its price up by 70 percent earlier this year. Here are the top three risks the cryptocurrency is facing as it heads towards the fourth and final quarter of 2020, according to the latest fractals and multiple observations. #1 Another US Equity Selloff; Bitcoin Correlation One of the main reasons Bitcoin faces the risks of falling in the coming […]
If there was any barrier sitting between Bitcoin and its all-time high, they don't seem to be there anymore.
The Bitcoin price has risen above $35,000 for the first time since early May 2022, for which there are a number of reasons beyond mere speculation. These are the five most important reasons. #1 BlackRock’s Spot Bitcoin ETF Approval Looms Large The primary driver behind the surge seems to be the growing anticipation surrounding the […]
Ethereum price is continuing to fall. It is currently traded at the long-term correction peak. Is there a way for the price to go up? USDTETH. Fall in demand. The fact that Ethereum price could settle at $300 just confirms the upward trend is weak. This mark is important for growth since it was the point of the biggest offer. It wasn’t able to uphold, so obviously the supply surpassed the demand. But at the moment, the fall in demand seems to be temporary. Sharp upward impulses after sharp fall only prove that. According to Vitalik Buterin, the Ethereum network development influences the....