Category: Bitcoin price analysis

Bitcoin’s lower lows worry traders — But is the BTC bull market really in danger?

Bitcoin’s lower lows worry traders — But is the BTC bull market really in danger?

Bitcoin’s price has seen massive gains in recent months, accelerating from $11,000 to nearly $62,000. However, such impressive rallies also include relatively calm periods of price action. These periods are consolidative and are needed for the market to find a new floor. In bull markets, bullish continuation is likely after these periods of ranging before […]

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World’s richest man Elon Musk boosts Bitcoin price by 20% — Is $40K back in play?

World’s richest man Elon Musk boosts Bitcoin price by 20% — Is $40K back in play?

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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