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$50k is Bitcoin’s Resistance in 2021, $10k is BTC’s Support – Report

Quick take:Bloomberg’s Crypto Outlook report for December forecasts a $50k resistance level for Bitcoin in 2021This will bring its market cap to $1 Trillion$10k will be Bitcoin’s support next year after serving as a resistance in 2017Bitcoin’s adoption is increasing and thus providing a firmer foundation for BTCBitcoin might stall

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Bitcoin Analyst: BTC’s Parabolic Rally Hints of a Pullback to $13.8k

Quick take:Bitcoin zoomed past the $17,115 resistance level like it did not existBTC is still showing signs of bullish momentumIts parabolic nature since September points to a pullback to $13,800However, a pullback is not guaranteed and Bitcoin could continue risingBitcoin Analyst, MagicPoopCannon, has shared his most recent analysis of BTC

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Tether’s (USDT) Daily Trade Vol. Eclipses BTC’s, MarketCap Hits $13b

Last updated:August 28, 2020Quick summary:Tether’s daily trade volume has eclipsed Bitcoin’s.Similarly, Tether’s 7-day average transfer value has flippened BTC’s.USDT’s market cap has now hit $13 Billion hinting that Tether could eventually edge out EthereumThis year, the stablecoin of Tether (USDT) has continually broken records. To begin with, in mid-July, Tether’s

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