Stablecoin flows hint at $50K Bitcoin after Tesla pump liquidates $500M in BTC shorts
Around $500 million worth of positions were liquidated within hours as the Tesla news caused Bitcoin to spike over $46,000. Go to Source Powered by WPeMatico
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Around $500 million worth of positions were liquidated within hours as the Tesla news caused Bitcoin to spike over $46,000. Go to Source Powered by WPeMatico
Bitcoin broke $40,000 in a strong recovery rally over the past three days as BTC could stabilize above the key level in the foreseeable future. Go to Source Powered by WPeMatico
The price of Bitcoin appears to have broken out above $40,000 putting new all-time highs within reach. Go to Source Powered by WPeMatico
Bitcoin will likely break out of the dreaded $38,000 resistance areas if four factors buoy the momentum of BTC. Go to Source Powered by WPeMatico
Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. Guggenheim’s SEC filing to invest half a billion dollars in bitcoin became effective early this week. Guggenheim’s Scott Minerd Says Bitcoin’s Price Could … Read more
Bitcoin bulls must overcome a major hurdle before new all-time highs can come back into play. Go to Source Powered by WPeMatico
With appetites for BTC allocations firmly present, calculations suggest that even small buy-ins would have a dramatic effect on price action. Go to Source Powered by WPeMatico
A casual vote of confidence from the world’s richest man excites pundits but fails to produce a BTC price pump — could that be about to change? Go to Source Powered by WPeMatico
MSTR stock has surged by roughly 113% since Dec. 8 when it was downgraded by a Citigroup analyst. Go to Source Powered by WPeMatico
Bitcoin is slowing down and weakening on-chain metrics are forcing traders to turn cautious in the short term. Go to Source Powered by WPeMatico