Bitcoin Bounces To $58K, Why Bears Could Spill More Blood
After one of its most bloody days in 2021, Bitcoin is trying to reclaim critical support above $58,000. A daily close north of this target could push BTC’s price back to the $60,000, but still a long way from a confirmed recovery. Related Reading | Shakeout Or Top? Here’s What Bitcoin SOPR Says About It As of press time, Bitcoin trades at $58,137 with sideways movement in the daily chart. Bitcoin started its downward trend immediately after scoring a new-all time high at $69,000. The benchmark crypto lost support at $60,000 after a relentless battle between bulls and bears and took....
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Bitcoin has chosen violence. The first crypto by market cap trades at $57,873 with a 3% loss in the daily and an 11.2% loss in the weekly chart. After making a push close to $60,000 Bitcoin was rejected and has trended to the downside for the past 2 hours. The benchmark crypto might have reacted to the potential re-appointment of the U.S. FED Chair Jerome Powell to his position for a second term. Related Reading | This Bitcoin Metric Hints At Bottom, Is BTC Out The Woods? Data from Material Indicators suggest the move to the upside was driven by investors with orders with an estimated....
The current bitcoin market has not been favorable for investors and is one that can be referred to as a ‘bloody market’. This is not the first time that there will be blood on the streets for the digital asset and will certainly not be the last. This is why looking at what different moves […]
The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it’s starting to seem like there is no end in sight. Coins have been falling at high percentages. It brings back a popular saying in the financial markets; “there’s blood […]
Most people have no idea what their average cost per coin is and without knowing your cost, how can you make educated financial decisions? That's like running a business without knowing how much you paid for the products that you sell. Normal everyday people around the world will not realize Bitcoin’s potential until this function becomes a seamless wallet feature and as common as deterministic wallets are now. "Buy when there is blood in the streets, even if the blood is your own." This is an old saying that relates to trading stocks but it also holds true for a number of commodities that....
Former CEO of Satoshi Labs Alena Vranova joins the show again to spill the bits about her new role at Trezor and the future of their hard wallets. Alena touches on why she chose to step down from Satoshi Labs as CEO and rest assure they weren’t left hangin. It’s easy to see why Trezor caught her eye, since she’s looking at the future. Hard wallets are about to change the game, all over again. Don’t believe me? Press play, PAB! Another one on one on the scoreboard for Doctor Corey Petty, as he single handedly knocks this one outta the park. Of course Alena couldn’t spill all the bits, oh....