Bitcoin Analyst Explains Why Price Will Hit $23,000 in 2020
Bitcoin bulls should prepare for a price rally towards $23,000, according to an independent analyst.
A paused Bitcoin price rally has increased its probability of undergoing a major pullback, as per independent analyst Vince Prince.
Bitcoin has the potential to hit $56,000 in the coming sessions, asserted independent market analyst Josh Rager. The Blockroot.com founder said in a tweet published Tuesday that BTC/USD could keep on rallying higher based on two reasons. First, the recent approval of US President Joe Biden’s $1.9 trillion stimulus package in the Senate could assist […]
Bitcoin has shown an extreme resilience against bears that want to crash its spot rate below $10,000. And an on-chain analyst explains why. Forex professional Cole Garner issued a string of tweets earlier Tuesday to illustrate a divergence between Bitcoin’s bearish price moves and its growing network activity last week. The cryptocurrency fell to as low as $10,427 on Thursday. In the same period, its total active addresses soared above 22,000, its highest level in […]
The ongoing Bitcoin price rally risks fizzling out on a notion that the price won't hold a psychological support level.
Bitcoin bulls will enjoy domination over the market until its price breaches the $14,000-mark, according to Eugene Loza of EXCAVO.