Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles...
Crypto pros and newbies alike are asking why bitcoin prices keep hitting new all-time highs, and if prices are due to crash. Here's what the experts say.
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All and all, the second quarter is about both a technical downside correction and a further institutional boost.
In the world of stablecoins, Tether USDT was the king until the crash. Since then, others have fought seriously to take the position. But amid all the striving stablecoins, reports have revealed that USDC might soon take over the its position. The 2022 crypto market crash left a sour taste for the investors. Even though […]
Bitcoin reached $19,000 quickly after it plunged to $18,000 following an XRP flash crash on Coinbase. The price of Bitcoin (BTC) surpassed $19,000 on Nov. 24 for the first time in nearly three years. It followed an XRP flash crash on Coinbase, which trembled the crypto market.The two incidents could be entirely coincidental. Although considering that BTC price surged almost immediately after the XRP drop, there could be a correlation.BTC/USDT 4-hour chart (Binance). Source: TradingView.comHow XRP’s price rally could have triggered Bitcoin to new highsAs Cointelegraph reported on Nov. 24,....
Bitcoin and Ethereum's upside exhaustion, Cardano's smart contract FOMO, and an overall boom in the altcoin market catalyzed ADA's gains. Cardano's native token ADA ignored a serious price crash warning to rally to a new all-time high.The ADA/USD exchange rate reached $2.56 for the first time on Aug. 20, following a 154.54% price boom that started on July 20. In doing so, the pair also ignored veteran trader Peter Brandt's 60-90% price crash warning, which was based on a classic bearish pattern called the Head and Shoulders.I remember being scoffed at unmercifully when I identified this....
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 […]