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These 4 key Bitcoin price metrics clearly reflect traders’ bullish optimism

As Bitcoin (BTC) price tested the $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. Last week’s trading may have finished at the same level where it started, but the fundamentals for Bitcoin have become even stronger.BTC/USD 4-hour chart. Source: TradingViewEach time Bitcoin makes

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Worsening US Dollar, Inflation Metrics Bode Well for Bitcoin’s Continued Rally

Bitcoin’s price has nearly doubled in the past eight weeks, as several major publicly listed companies bought the cryptocurrency to hedge against an inflation-led decline in the value of their cash holdings.Hedging demand for the cryptocurrency may now be set to rise further, with expectations for long-term inflation reaching 19-month

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4 Metrics That Show How the Current Bitcoin Spike Is Different From 2017

Crypto markets have historically been led by retail investors, with professional investors following. Is that changing? After all, high-tech innovation in the past 15 years has executed an opposite about-face, flipping an enterprise-led pattern into a consumer-led pattern. Retail’s lead was evident in the fourth quarter of 2017, as media hype

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