Thursday, April 9, 2020

Global Hedge Fund Expects Bitcoin to Hit $8K; Here’s Why

Bitcoin rebounded by almost 94 percent after bottoming out below $4,000 in mid-March. And the cryptocurrency could extend its upside momentum, according to a...

Options see 5% chance Bitcoin will hit $20,000 in 2020: Will it happen?

In February, when Bitcoin had retaken $10,000, traders were convinced that the cryptocurrency was well on its way to revisit and surmount the $20,000...

Why Bitcoin Price Abruptly Reversed From a Plunge to $7,000

Bitcoin started a downside correction from the $7,447 monthly high against the US Dollar. BTC price tested the key $7,000-$7,100 demand zone and recently...

Ripple (XRP) Daily Close Above $0.20 Would Make Case for Larger Rally

Ripple started a downside correction from the $0.2050 resistance against the US Dollar. XRP price tested the $0.1900 support area and it is currently...

Ethereum Takes a Bit Hit But Another Lift-Off To $180 Is Likely

Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the...

Bitcoin is the strongest performing major asset of 2020 and the past decade

There’s no question that 2020 has been a volatile year for Bitcoin, with the relatively small and immature crypto market incurring some significant turbulence...

Ethereum sees rocketing open interest and futures volume; here’s what this means

Ethereum has found itself caught within a firm and unwavering uptrend throughout the past 48-hours, with Bitcoin’s surge past $7,000 providing ETH with some...

Bitwise “increasingly bullish” on intermediate outlook for crypto, cites real money inflows

The Bitcoin price has made a V-shape recovery from $3,600, following a capitulation-esque fall on March 12. Since then, the crypto market has recovered...

The rising network growth of these Ethereum ERC-20 tokens suggests a bullish outlook

Many cryptocurrency projects within the industry are still suffering from the significant downturn the market suffered during Black Thursday. Despite the state of commotion...

Bitcoin Indicator That Led Price to $3.8K Turns Bullish; Is $10K Next

Bitcoin could move higher in the medium-term as one of its key technical indicators turns bullish for the first time since February. Dubbed as...
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