Even Bitcoin Fundamentals Are Hinting At a Significant Correction Ahead
Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The
Read MoreBitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The
Read MoreThe Dow Jones recovery has been nothing short of extraordinary. Even a mountain of bearish fundamentals has failed to slow the stock market’s ascent. Behind the scenes, one big bullish development is taking place as the King Dollar starts to creak. The Dow Jones continues to trade higher, even as a mountain of
Read MoreIndices such as transaction volume, Bitcoin (BTC) ownership across different levels of buyers, growth rate, hash rate, among others have spiked since the last halving back in 2016. With the Bitcoin halving only hours away, there are expectations that the halving could be net-positive for the BTC price action going
Read MoreTezos’ native cryptocurrency XTZ confirms forming Inverse BARR, a bullish reversal indicator.The XTZ/USD pair is waiting to close above a crucial technical resistance while setting its upside target 50 percent higher.Promising utility growth confirms a bullish scenario in the Tezos market.XTZ, the native token of multi-purpose blockchain Tezos, could surge
Read MoreWith the arrival of the coronavirus potentially triggering a global economic meltdown, many are wondering how crypto’s most prominent asset will weather this financial storm.The stock-to-flow model — which values Bitcoin based on its scarcity — shows the cryptocurrency is still on track to hit $100K in 2021. According
Read MoreTesla will report a weak first quarter on lower deliveries, says investor. The company will recover as deliveries soar after the first quarter. The bull believes that TSLA’s share price can skyrocket by over 200% this year. Tesla (NASDAQ:TSLA) is having a monster 2020. The stock is up by over 88% year-to-date and
Read MoreBitcoin slipped huge a day after enjoying a strong price rally above its key resistance level of $10,000.The benchmark cryptocurrency was trading at $9,736 early Monday, down 4.35 percent from its Sunday top, according to US exchange Coinbase. Nevertheless, it was still up by more than 36 percent at its
Read MoreLast updated:February 19, 2020Bitcoin’s intense 2020 uptrend has led the cryptocurrency to rally up towards $10,000, with the price region lying directly below this critical price level appearing to be a heavy resistance region. It is important to note that the resistance at this level, however, has not been enough to
Read MoreThe bitcoin price is putting the crypto community to the test.Bitcoin fundamentals, however, remain solid.Altcoins are down in sympathy.It’s not easy being a crypto investor these days. China is sending mixed messages, the bitcoin price is in the doldrums, and there is major FUD being spread around the industry that
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