Bitcoin Price

Undoubtedly, the 2020 year was no ordinary year one for many reasons, including lockdowns and economic restrictions. Therefore, shutdowns resulted in the worst economic crisis seen in decades. Additionally, most governments and central banks have responded with unprecedented fiscal stimulus and monetary expansion measures to recover their economies. However, 2020 year has witnessed an influx …

Bitcoin has witnessed massive 244% rally in 2020 Read More »

According to the latest news, Bitcoin increased as high as $29,292 before pulling back slightly to trade at $28,520. This suggests that the uptrend has resumed. Notably, the next level to watch on the upside is the psychological barrier at $30,000. Significantly, the world’s largest cryptocurrency sharply boosted in December, on track for its biggest …

Bitcoin price has quadrupled this year Read More »

On December 30, Bitcoin, the world’s largest cryptocurrency, increased to a record level and hit $28,400. In a strong resurgence overnight, the dominant cryptocurrency confirmed that it had no time for bears after briefly falling to $25,830 over the past 24 hours. Significantly, daily gains were at 7.5%. At the time of writing, Bitcoin stands …

Bitcoin increased to $28,400. What’s next? Read More »

Significantly, whales have been buying more Bitcoin since Christmas. It means that high-net-worth investors continue to reduce the supply of the world’s largest cryptocurrency. It is almost impossible to separate institutional investors from individual investors through on-chain data. Significantly, according to analysts, investors with large capital are increasingly entering into the BTC market. However, the interesting …

Why are whales buying more Bitcoin? Read More »

The world’s dominant cryptocurrency, Bitcoin, hit a lifetime high of $28,400. In 2020, Bitcoin witnessed massive gains. However, we all know that it is very challenging to determine the next level. Traders believe that Bitcoin could increase to two levels: $30,000 and $36,000. The latest has become a popular near-term prediction as the options markets …

Traders believe Bitcoin could rise to $30,000 and $36,000 Read More »

The world’s dominant cryptocurrency witnessed substantial gains during 2020. Analysts say that the Bitcoin record rally could hit a wall in 2021. According to chief markets strategist at Miller Tabak, Matt Maley, signs in the cryptocurrency’s technical chart point to a 25%-30% sell-off that’s expected to hit early in 2021. On Thursday, Bitcoin broke above the $23,000 …

Bitcoin could witness a 25%-30% sell-off in 2021 Read More »

The world’s largest cryptocurrency, Bitcoin, increased to all-time highs of more than $24,000 from $3,600 lows. In 2020, Bitcoin surprised analysis like never before. Prognosticating Bitcoin’s next move is very complicated, as there has never been more demand for an accurate BTC price model. Analysts look at how the best businesses fared this year and what is …

Bitcoin increased to all-time highs of $24,000. What’s next? Read More »

As we remember, the dominant cryptocurrency, Bitcoin, tested the $17,580 low on December 11. Although some analysts are issuing bearish estimates, investors remained relatively calm. Last week’s trading may have finished at the same level where it started. However, the dominant cryptocurrency fundamentals have become even more powerful. After declining, the world’s largest cryptocurrency witnessed …

Bitcoin might continue to climb. Its dominance rose to 67.3% Read More »