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Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’ – Bitcoin News

Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to resume its inclination to outperform.” McGlone’s comments follow his previous prediction that noted bitcoin and ethereum appear to have “completed

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Traders say Bitcoin price bounce is overdue after a ‘massive’ BTC long position appears

Bitcoin (BTC) traded in an increasingly narrow range on Sept. 6 as bets piled in over an imminent breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance futures giant sucks in spent BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD staying under $20,000 for a fourth straight day with bulls failing

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New $45K BTC sell wall appears amid worries Bitcoin could retrace

Bitcoin (BTC) was up nearly 5% in 24 hours at the Wall Street open on March 25, but a new warning sign was giving traders cold feet.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitfinex whale flips to sell modeData from Cointelegraph Markets Pro and TradingView confirmed BTC/USD hitting multi-week highs of $45,137

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