Category: Bitcoin price analysis

Bitcoin’s (BTC) price broke through the crucial level at $40,500 as news of Tesla adding $1.5 billion in Bitcoin to their balance sheet. This news event pushed the price to new all-time highs, putting the next major resistance level at $50,000.  What’s more, other cryptocurrencies are accelerating left and right as the landscape is ideal […]

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Bitcoin’s (BTC) price broke through the crucial level at $35,000 and continued its run above $40,000 on Feb. 6, just days after MicroStrategy’s pitched Bitcoin to over 1,4000 companies.  This breakout above $35,000 earlier this week was significant as it opened the door to a new all-time high test. The final hurdle at $40,000 has […]

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Bitcoin (BTC) has seen a very volatile week, as the price of Bitcoin jumped around from $32,000 to $38,500 and back toward $33,000 in a matter of 24 hours.  The initial spike to $38,500 happened in minutes after Elon Musk added #Bitcoin to his Twitter profile. However, no follow-up of that price movement was seen […]

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Bitcoin (BTC) has been correcting since the peak high at $42,000. However, this correction might have ended as a significant momentum shift occurred in recent days.  The GameStop debacle raised many questions about big parties’ trustworthiness and exchanges, after which more and more people started to claim that decentralization is the future. Among these people […]

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Bitcoin (BTC) had a tremendous 2020 as BTC price rallied by 311%. In the shadows of Bitcoin, Ether (ETH) also saw a fantastic year as Ether’s price rallied by an even bigger 475%.  While only five days into the new year, ETH is continuing this trend.  Bitcoin vs. Ether January 2021 performance. Source: Digital Assets […]

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