Bitcoin Could Correct Further To 100 SMA at $8,200 Before Fresh Increase

Bitcoin rallied to $9,500 before starting a downside correction against the US Dollar. BTC price might dip towards the $8,200 support zone before a fresh increase. Bitcoin jumped more than 20% and tested the main target of $9,500 (as discussed yesterday). The price is down more than 8% and it is now trading well below […]

Charlie Shrem Says QE, Halving Will Spark Bull Run … in 2021

At Virtual Blockchain Week, crypto pioneer Charlie Shrem made a strong bull-case for Bitcoin, saying the combination of diminishing supply due to the halving, and wholesale quantitative easing, will drive prices higher over the next one to two years. Bitcoin halving and QE During a fireside chat with the VBW hosts on April 30, Shrem […]

Myriad of Bearish Signs Flash for Bitcoin as Analysts Eye S&P 500 Futures

Bitcoin’s insane rally yesterday that allowed it to climb nearly $2,000 at its peak has stalled, with the retrace from its daily highs of $9,500 printing a massive wick that has made its daily candle look quite bearish. Analysts are now noting that a myriad of different technical factors suggest that the cryptocurrency may be […]