Bitcoin price chart shows 'Elon Musk' pump was an outlier — So what happens now?
The price of Bitcoin has shown weakness after failing to clear $38,000 Bitcoin (BTC) has seen a very volatile week, as the price of Bitcoin jumped around from $32,000 to $38,500 and back toward $33,000 in a matter of 24 hours. The initial spike to $38,500 happened in minutes after Elon Musk added #Bitcoin to his Twitter profile. However, no follow-up of that price movement was seen on the charts as Bitcoin dropped substantially in the following hours. Currently, the $34,500 area is a significant resistance zone to break through if the market wants to sustain the bullish momentum.Failure to....
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Bitcoin bulls must overcome a major hurdle before new all-time highs can come back into play. Bitcoin (BTC) has seen a turbulent past few days after Elon Musk showed support for the cryptocurrency amid the GameStop fiasco on the equity markets. However, since that tweet, Bitcoin’s price has been correcting after the entire push through Elon Musk was retraced.Since then, Bitcoin’s price is facing a crucial hurdle at the $35,000–$35,200 area before an all-time high test. Once that area breaks and flips for support, continuation toward a new all-time high is likely. Bitcoin doesn’t hold $35K....
Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge. Dogecoin (DOGE) prices surged but did not skyrocket after receiving another endorsement from Tesla CEO Elon Musk on Twitter on July 1.The billionaire entrepreneur published a tweet at around 8:43 am UTC — a Godfather-themed meme that shows Marlon Brando's iconic character, Don Vito Corleone, with the text "YOU COME TO ME AT RUNTIME TO TELL ME THE CODE YOU ARE RUNNING DOES NOT COMPILE."Meanwhile, Musk captioned the tweet "Release the Doge!"Release the Doge!....
The first Elon Musk stimulus package for Dogecoin holders is here. As the cryptomarket as a whole tumbles and tries to recover its balance, an Elon Musk tweet made Dogecoin pump. This time, the subject is McDonald’s. The fast-food restaurant’s community manager has been teasing crypto people, offering them jobs now that the market is […]
Bitcoin price gets a boost from the world's richest man, Elon Musk. Bitcoin (BTC) has been correcting since the peak high at $42,000. However, this correction might have ended as a significant momentum shift occurred in recent days. The GameStop debacle raised many questions about big parties' trustworthiness and exchanges, after which more and more people started to claim that decentralization is the future. Among these people is Elon Musk who is worth nearly $183 billion, according to Forbes making him the world's richest person. The Tesla CEO included #Bitcoin in his Twitter profile and....
Once again, the crypto world is abuzz today with another unexpected movement in Dogecoin’s (DOGE) price, thanks to a tweet from the iconic Tesla CEO, Elon Musk. This has become a consistent phenomenon, where virtually every Elon Musk tweet hinting at or referencing Dogecoin prompts a flurry of activity from DOGE enthusiasts, regardless of the subtlety or directness of the tweet’s content. This morning, the catalyst for the sudden upswing in DOGE’s value was a simple tweet from Musk. He shared a logo animation of the “X” logo, created by one of Twitter’s most....