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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...

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September 19, 2021

Bitcoin to Hit $100K By Year’s End: Bloomberg Executive

As Bitcoin (BTC) continues to claw its way back to its recent highs, the list of prominent personalities predicting a $100K price tag for the benchmark cryptocurrency by year’s end continues to grow. The latest addition to this list is Mike McGlone, Senior Commodity Strategist at Bloomberg, w...

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September 19, 2021

Bitcoin (BTC/USD) Price Features Close Beneath $50,000

Bitcoin Price Prediction – September 19The BTC/USD price now features close beneath the $50,000 resistance level since about a couple of variant trading days’ operations. The crypto market’s valuation trades around $48,074 at a relatively negative percentage rate of around 0.63 as of writing. BTC/U...

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September 16, 2021

Bitcoin ETF: Fidelity Investments Pressures SEC for Approval

American financial services corporation Fidelity Investments has urged the SEC to approve its Bitcoin Exchange-Traded Fund filing. The investment company argues that the Commission needs to greenlight the initiative as there is an increased demand for an ETF from investors. Reports state that a mul...

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September 15, 2021

Bitcoin (BTC/USD) Trade Rallies Northward Slightly

Bitcoin Price Prediction – September 15It has over a couple of days observed that the BTC/USD trade rallies northward slightly. The market trades at around the level of $48,066 at an increased rate of about 2.29 percent as of writing. It means that the crypto economy is currently striving to regain...

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September 14, 2021

Bitcoin Long-Term Holders are Refusing to Sell: Glassnode

On-chain analytics provider Glassnode recently revealed that investors holding Bitcoin (BTC) older than one year are not eager to sell their coins at all. Glassnode defines long-term HODLers as investors with coins older than 155 days, while short-term holders are those with coins younger than the ...

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September 12, 2021

Bitcoin To Go Up Significantly: BlackRock Managing Director

Managing Director of BlackRock Inc. Rick Reider expressed his bullish Bitcoin (BTC) sentiment in a recent interview with CNBC’s “Squawk Box.” The MD said On Thursday that he could see the price of BTC “go up significantly.” This is a welcome development as the benchmark cryptocurrency struggled wit...

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September 09, 2021

Bitcoin ‘Experiment’ in El Salvador Critical for the Cryptocurrency’s Reputation

Bitcoin (BTC) suffered a debilitating decline on Tuesday as El Salvador made history by becoming the first sovereign state to make BTC a legal tender. However, the real question in investors’ minds is whether El Salvadorans will embrace BTC. It is worth noting that this is the first time the benchm...

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