Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why
The Bitcoin price performance over the past week failed to bring glory to the crypto market, as the leading cryptocurrency struggled once again. This trend was mirrored across almost all large-cap assets, many of which experienced significant losses. Unfortunately, recent price action data suggests that the Bitcoin price is not safe yet, as there is potential for further downside over the coming days. Is $60,000 The Next Stop? In a new report, blockchain intelligence firm CryptoQuant put forward an interesting prognosis for the price of Bitcoin based on its recent movement. According to....
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The Bitcoin price saw a notable recovery trend over the weekend that put it back above $60,000, and by the early hours of Monday, the price had recovered above $63,000. Given this recovery trend, crypto analyst Bluntz Capital, has used the Elliot Wave Theory to map out where the BTC price could be headed from […]
Dogecoin Price Key Highlights. Dogecoin price is moving in a much larger range compared to its previous tight short-term consolidation. Price seems to have bounced off the bottom of the range around 43 to 44 Satoshis and may be headed back to the top. Dogecoin price stepped up its volatility in the recent trading range, breaking below its short-term consolidation but still unable to make further headway south. Headed for resistance? Technical indicators on the 1-hour chart of dogecoin price suggest that it is headed back towards resistance at 48 Satoshis. Stochastic is pointing north,....
With malicious DDOS attacks and ransomware on the rise, it’s no surprise that law enforcement wants to get a grasp on this technology. Blockchain intelligence company Elliptic has just received funding for $5 million USD to help curb cryptocurrency related crime with one of the investing firms headed by a former NSA director. Blockchain intelligence firm....
Two weeks ago, crypto analyst Tolberti made headlines for his incredibly bullish Bitcoin price outlook. The analyst is back again with another prediction and this time around, he is telling investors to get into the market with reasons to back it up. Last Chance To Buy BTC In a recent post on Tradingview, crypto analyst Tolberti sounded a warning alarm that this is the last chance for investors to buy Bitcoin. The reason for this, according to Tolberti, is that the Bitcoin price is headed toward a massive rally. Related Reading: How Have Ethereum Futures ETFs Fared So Far? Data Reveals....
Here's a look at what we are focusing on in the bitcoin price this morning. OK, here we go. A fresh morning’s trading out of Europe, and plenty to go at given overnight action in the bitcoin price. In yesterday evening’s analysis, we noted that price had remained relatively flat throughout the majority of the European session on Monday, and that we might see a bit of volatility in the evening as the US session picked and – beyond that – we headed into the Asian overnight. Well, as expected, we did get a bit of movement, and it meant a couple of things. First, we were able to get in and out....