BITCOIN Archives - Page 113 of 127

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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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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September 26, 2021

Bitcoin Price Analysis: Market Renews Decline on Sunday

Following a relatively bullish Saturday, Bitcoin (BTC) has resumed its bearish journey as it nears the $40K level again. As expected, altcoins had it even worse on Sunday, with most of the top 50 coins recording over 5% in losses. The past few days have proved very difficult for the primary cryptoc...

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September 23, 2021

Bitcoin Price Analysis: Mysterious Whale Remains Accurate In BTC

Following the recent crash in Bitcoin (BTC) to the $40K area, the third-largest whale purchases more BTCs, at a discount. This entity has acquired over $13 million worth of BTC as it “buys the dip.” This mysterious whale has remained on the radar of market analysts for a long time. In April, this a...

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September 22, 2021

Bitcoin (BTC/USD) Valuation Retraces Heavily

Bitcoin Price Prediction – September 22It indicated that the BTC/USD valuation retraces heavily to touch one of the past critical support lines at $40,000. The crypto-economic price trades around the line of $42,700 at about the percentage rate of 2.42 as of writing. It shows that a degree of ups i...

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September 21, 2021

Bitcoin Market Analysis: Market Bleeds as BTC Sheds $8,500

Following a relatively slow weekend for Bitcoin (BTC) around $49K, the benchmark cryptocurrency suffered a debilitating blow over the past 24 hours. As expected, with BTC declines, most altcoins recorded significant drops likewise, causing the market value to fall by over $200 billion. As mentioned...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis