BITCOIN Archives - Page 113 of 128

October 10, 2021

Bitcoin (BTC/USD) Market Experiences a Pump-Up

Bitcoin Price Prediction – October 10The BTC/USD market currently experiences a pump-up in its price movements. The crypto economy’s percentage rate of trading against the US dollar is at about 1.19 as price trades around the line of $55,343. BTC/USD MarketKey Levels:Resistance levels: $55,750, $60...

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October 07, 2021

Bitcoin Solidifies Bullish Resurgence as Crypto Market Targets $2.5 Trillion Valuation

The crypto market valuation could touch the $2.5 trillion mark soon following an aggressive rally in Bitcoin (BTC) and other top cryptocurrencies. At press time, the crypto market valuation resides at $2.3 trillion, a multi-month high. Following its bullish start to October, the fourth quarter of 2...

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October 05, 2021

Bitcoin Hits $50K Again as Market Sentiment Enters “Greed” Mode

Bitcoin (BTC) has touched the critical $50K mark for the first time since September 7, when El Salvador officially adopted the benchmark cryptocurrency as a legal tender alongside the dollar. That said, with the renewed bullish bias, the Crypto Fear and Greed Index shows that Bitcoin market sentime...

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October 03, 2021

Bitcoin Bulls Reinvigorated Following Positive Comments From Powell

Bitcoin (BTC) has recorded a significantly productive week as the price re-emerged above $48K for the first time since September 18. BTC held its ground above the $40K level through most of the week despite a fresh wave of FUD-induced volatility from China after it reiterated its ban on Bitcoin and...

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October 03, 2021

Bitcoin (BTC/USD) Market Eyes $50,000

Bitcoin Price Prediction – October 3There has been an increase in the northward-moving of the BTC/USD’s price as the market eyes a $50,000 resistance line. The crypto economy trades around the line of $47,825 at an average rate of about 0.88 percent. That signifies that the northward-pushing degree...

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September 30, 2021

Bitcoin has Already Replaced Gold as SoV: Chamath Palihapitiya

The popular narrative that Bitcoin (BTC) could someday replace Gold (XAU) as the go-to store-of-value asset has received additional backing from Social Capital CEO Chamath Palihapitiya. The CEO further asserted that this replacement has already occurred, and BTC’s market capitalization will reflect...

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September 29, 2021

Bitcoin (BTC/USD) Price Trades in Range Lines

Bitcoin Price Prediction – September 29The market operation between Bitcoin and the US Dollar now depicts that the crypto-economic price trades in range lines of $45,000 and $40,000. Over time, there have been ups and downs in the range value lines. The market’s valuation trades around the level of...

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September 28, 2021

Bitcoin Stalls as Morgan Stanley Increases Its BTC Exposure

Multinational financial services provider Morgan Stanley has increased its Bitcoin (BTC) exposure through Grayscale’s Bitcoin Trust (GBTC), according to a recent SEC document. As of last month, Morgan Stanley’s Insight Fund held 928,051 GBTC shares. However, a recent filing with the United States S...

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September 26, 2021

Bitcoin (BTC/USD) Market Keeps Downward Correction

Bitcoin Price Prediction – September 26The BTC/USD market keeps downward correction as price has dared, touching the level of $40,000 in the process of intensifying. The crypto’s price is trading around the $43,473 value line at a positive percentage rate of about 1.18. It seems there is a promisso...

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