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bitcoin news today
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: A panel of 50 Bitcoin and cryptocurrency experts has predicted the BTC price will continue to climb through 2021, hitting highs of around $80,000, before surging to…
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: Real Vision CEO and macro investor Raoul Pal is predicting that Bitcoin could more than triple in value from the current price, while Ethereum could nearly quadruple…
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about Bitcoin on numerous occasions and even more so these days as the BTC…
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: Walmart Bitcoin mass adoption is here as the retail giant has partnered with coin-cashing machine company Coinstar and crypto-cash exchange CoinMe to install 200 BTC ATMs in…
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: On Wednesday, just before Bitcoin surpassed the digital asset’s all-time high (ATH), the crypto analyst known as “Techdev” said the “2-week chart looks strong and ready for…
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: Bitcoin made history today breaking it’s previous all-time high, entering price discovery mode and surpassing $67,000 per BTC. Co-founder of Fundstrat and Wall Street…
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: Macro investor and Real Vision CEO Raoul Pal is unveiling his huge Bitcoin (BTC) and Ethereum (ETH) price predictions for the end of the crypto bull cycle. The macro guru…
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: Bitcoin O.G. Max Keiser has said that the Bank of England (BoE) will scramble to buy Bitcoin before the digital asset trades at $1 million per BTC. The host of the Keiser…
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: Trader and crypto analyst Alessio Rastani believes Bitcoin (BTC) is entering the final stage of the current bull market, which will propel the leading cryptocurrency to a…
🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: Bitcoin has broken the $60,000 level and is back in the area of its all-time high (ATH) set in April 2021. Based on a fractal analysis of charts of previous BTC cycles, the…
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BITCOIN TANKS AFTER OIL’S COLOSSAL COLLAPSE, BUT THE BULL CASE REMAINS STRONG | BTC News Today
➡️ TEEKA TIWARI – The Investment of the Decade: http://2020.cryptonewsalerts.net
#Bitcoin was in for a surprise plunge this Monday as investors assessed the situation in a worrisome oil market.
The #BTC price fell by 4.30 percent to circa $6,748 per token shortly after the US oil futures price slipped into negative territory for the first time.
The two assets remain non-correlated, but Bitcoin’s growing correspondence to the stock market amid the fast-spreading coronavirus pandemic might have led to the Bitcoin price decline.
The Dow Jones Industrial Average slipped 2.4 percent to 23650.44 on Monday, taking cues from the oil market.
The S&P 500 and Nasdaq Composite, too, plunged by 1.8 percent and 1 percent, respectively, showing that investors continued to seek safety away from risk-on assets.
TECHNICAL ADVANTAGE FOR BITCOIN BULLS
Bitcoin’s intraday fall did not stop its prices from holding its prevailing uptrend.
The cryptocurrency plunged right into what appears like its interim support before attempting a minor pullback heading into the Asian session Tuesday.
As shown in the Coinbase 1D chart above, bitcoin tested the upward sloping support trendline of the saffroned Ascending Channel.
The cryptocurrency bounced back weakly by 1.01 percent to hit an intraday high near $6,925, expressing its likelihood to consolidate further in the current resistance range defined by $6,800-lows and $7,500-highs.
Meanwhile, the price located converging support in the blue 50-daily moving average wave.
Bulls attempted to maintain bitcoin’s interim upside bias near these support levels, confirming that they still have a technical advantage against a dwindling macroeconomic outlook.
“People say bitcoin is wild,” commented Frank Chapporra, a former Nasdaq reporter. “Throughout this [coronavirus] crisis, we’ve seen spine-tingling equity volatility, Treasury yields hit record lows, oil prices fall below zero, unprecedented Fed printing and bond purchasing. Right now, bitcoin might be more stable than anything else.”
In other trending #BitcoinNews today:
Low Adoption Puts Bitcoin Price ‘Expectations’ at Risk – Peter Brandt
As prices stick around $7,000, Brandt appeared to get cold feet over the still marginal role that Bitcoin has in the corporate realm.
Bitcoin (BTC) may not be “living up to expectations,” one of its best-known supporters from the finance world has warned as prices stagnate.
In a Twitter discussion on April 20, Peter Brandt pointed to low corporate interaction as an indicator that Bitcoin was not having the revolutionary impact its supporters hoped for.
“I understand the bullish narrative for $BTC relative to the: Fables of the Feds and their Frivolous Fiats: The argument for the moon makes sense. My only question is whether Bitcoin is actually living up to its high expectations. This question does NOT make me a hater”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
I understand the bullish narrative for $BTC relative to the: Fables of the Feds and their Frivolous FiatsThe argument for the moon makes sense
My only question is whether Bitcoin is actually living up to its high expectations. This question does NOT make me a hater
— Peter Brandt (@PeterLBrandt) April 20, 2020
https://cointelegraph.com/news/low-adoption-puts-bitcoin-price-expectations-at-risk-peter-brandt
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bloomberg crypto
💰 BlockFi: (Up To $250 Bitcoin Bonus) Bloomberg just published their new September edition report which says, “Bitcoin at $100,000 is the path of least resistance” and predicts that BTC is set to reach 6-figures soon and become the…
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