Bitcoin At Risk of “Faking Out” As Price Hovers Near $60,000, Analyst Asserts

Bitcoin At Risk of “Faking Out” As Price Hovers Near $60,000, Analyst Asserts

A recent wild run-up in the Bitcoin market faces risks of faltering as traders hesitate to buy the cryptocurrency at higher rates, asserts Marc Principato.


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“Not A Convincing Move,” Bitcoin Analyst Asserts After Price Hits $16K

A flash pump in the early London hours Thursday led the Bitcoin price above $16,000. As of 1000 GMT, the BTC/USD exchange rate topped for the day at $16,169, a level last occupied in January 2018 when the pair was correcting lower after establishing its record high near $12,000 the previous month. The sudden upside […]