Will Woo doesn’t think Bitcoin’s overall upward run has ended
Popular Bitcoin analyst Willy Woo noted a few signs and symptoms indicating the BTC bull run still has some juice left. Go to Source Powered by WPeMatico
Bitcoin Analysis
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Exchange inflows, on-chain data show retail traders fueled Bitcoin’s selloff
Whale wallet activity and exchange inflows indicate that the recent market sell-off was driven by retail traders, while institutional investors gladly bought the dip. Go to Source Powered by WPeMatico
Bitcoin is not an inflation hedge, Bitcoin skeptic claims
Nassim Taleb persists in his belief that Bitcoin is not a good hedge against inflation. Go to Source Powered by WPeMatico
Analysts say $60K Bitcoin price signals BTC has ample ‘room to run’
Analysts say Bitcoin whale wallet accumulation and persistent dip-buying by institutional investors signal that BTC price has plenty of room to appreciate. Go to Source Powered by WPeMatico
Bitcoin’s next top could be between $75K and $306K, Kraken research suggests
A reading of the historical data paints a promising picture for Bitcoin’s potential growth in 2021. Go to Source Powered by WPeMatico
Bitcoin: correction is the time to buy
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex After updating its all-time high once again at $58,350, BTC/USD has started a deep correction. A lot of traders, who bought the asset at the top, are now at a disadvantage because the slump covered over $13,000. However, investors recommend to buy at the time of significant declines, that’s … Read more
Strategist: Bitcoin more likely to be successful ‘in the long run’ than Ethereum
Lyn Alden likens Ethereum to the Concorde aircraft: functional, but not “an economically sustainable project.” Go to Source Powered by WPeMatico
Messari values Coinbase at $28 billion following IPO filing
Potential listing could provide a valuation anchor, not only for future crypto IPOs but also for crypto-native exchange tokens. Go to Source Powered by WPeMatico
Illegal Bitcoin use is down, but privacy wallet laundering is up, says analytics firm
2020 has apparently been the year of privacy wallets, as more exchanges onboard KYC requirements. Go to Source Powered by WPeMatico
Cointelegraph Consulting: Overwhelming bullish sentiment once again proves costly
Analysis of sentiment and on-chain data shows that a correction was likely to occur. Is there still room for growth? Go to Source Powered by WPeMatico
