Analyst Claims Sub-$10,000 Entries are “Gone Forever” as Bitcoin Rally Continues
It’s the end of an era for Bitcoin, with the benchmark cryptocurrency putting its recent multi-year bear market in the past as it moves to set fresh all-time highs. BTC is now pushing past $17,000, with its buyers shattering the selling pressure that existed at this level and now moving to spark an even further […]
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Bitcoin saw a massive rally yesterday evening that allowed it to set fresh all-time highs above $29,000 The cryptocurrency did meet some serious selling pressure here that slowed its ascent and caused it to decline back down towards $28,000 It does appear to be finding some support here, but it remains unclear as to how long it will last for One analyst spoke about this in a recent tweet, noting that he is preparing for […]
The number of physical locations that accept bitcoin has rocketed, according to statistics from Coinmap.org's crowdsourced map. At the start of November, the number of entries on CoinMap stood at 552. This has nearly doubled to just over 1,000 current entries. The graph below, based on statistics collected by CoinMap contributor Rene-Lee Sylvain, shows the number of CoinMap entries from the end of October to 27th November. Graph showing entries on Coinmap.org. These statistics are based on the map's total number of entries, which is displayed publicly on the site. Sylvain said: "When I....
VeChain has been moving sideways during the past week, with more downside action than larger cryptocurrencies. While Bitcoin, Ethereum, and others have seen some gains, the price of VET continues to trend downwards. Related Reading | VeChain Records 7% Profits And It Could Outperform ETH, Here’s Why As of press time, VeChain trades at $0.048 with an 8.9% and 34% loss during the past two weeks and 30-days, respectively. However, the cryptocurrency could be sitting at crucial levels and poised for major price appreciation. Analyst Justin Bennett claims this upcoming VET’s price rally....
Bitcoin continues to consolidate in the high $50,000 area, meanwhile, its fundamentals are strengthening and seem to point towards a price breakout. Analyst Ali Martinez has shared data from Glassnode to predict the timing for a new BTC price rally. According to the analyst, when the cryptocurrency surpasses the 1 million threshold in the metric […]
It has been a turbulent past day for the crypto markets, with Ethereum and most other major digital assets all seeing intense selloffs yesterday Bitcoin was able to avoid seeing any intense decline, with buyers ardently defending its price from breaking below $23,000 The buying pressure here has proven to be quite intense and may continue bolstering its price action for the days and weeks to come One analyst is also noting that its mid-term […]