Bitcoin Price – Crypto Profit Bot

Ethereum can rise to $800 in 2020 if this bull ‘mini-cycle’ repeats

October 19, 2020

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Markets tend to behave in massive cycles. One of those cycles is the previous Bitcoin (BTC) price cycle from 2014 to 2017. However, within those cycles, are multiple smaller cycles that could often repeat. A similar approach and analysis can be made for Ethereum’s Ether (ETH), which is outperforming BTC year-to-date, as the majority of […]

Record fundamentals and a $12K pump: 5 Bitcoin price tips this week

October 19, 2020

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Bitcoin (BTC) starts a new week in familiar territory as markets move into the United States’ 2020 elections — where could it go next? Cointelegraph takes a look at five factors that could influence BTC price action in the week ahead. U.S. macro: Elections vs. stimulus The U.S. is the firm focal point when it […]

Will the dollar’s weakness result in Bitcoin finally breaking $12,000?

October 17, 2020

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Historically, a weaker United States Dollar leads to strength across other “safe haven” assets. By analyzing the correlation, such momentum and conclusion can also be drawn with Bitcoin (BTC) and the USD. Bitcoin has gained in 2020 as the U.S. Dollar Currency Index (DXY) has been having a tough year. But will this momentum continue […]

Calm before the storm? Analyst says $20K Bitcoin possible in 3 months

October 17, 2020

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The price of Bitcoin (BTC) has been consolidating within a tight range for several months. If the top cryptocurrency successfully breaks out, Bitazu Capital founding partner Mohit Sorout says a record-high would be imminent. Since July 2020, Bitcoin has been ranging between $10,200 and $11,800, a 15% range. It has seen subdued volatility for a […]

Ascending channel Bitcoin price breakout possible despite OKEx scandal

October 17, 2020

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Bitcoin price lost the bullish energy that took the price to $11.7K earlier this week but the current range may offer opportunities to swing traders. 12105 Total views 65 Total shares Earlier this week Bitcoin (BTC) price entered a bullish breakout to $11,725 following the previous week’s news that Square purchased $4,709 BTC but since […]

Record-high Bakkt Bitcoin delivery exposes institutional frenzy for BTC

October 16, 2020

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Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months. Bitcoin delivery on Bakkt. Source: ICE, Arcane Research Bakkt, the digital asset payment platform and derivatives exchange, is tailored for […]

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Category: Bitcoin Price

Ethereum can rise to $800 in 2020 if this bull ‘mini-cycle’ repeats

Record fundamentals and a $12K pump: 5 Bitcoin price tips this week

Will the dollar’s weakness result in Bitcoin finally breaking $12,000?

Calm before the storm? Analyst says $20K Bitcoin possible in 3 months

Ascending channel Bitcoin price breakout possible despite OKEx scandal

Record-high Bakkt Bitcoin delivery exposes institutional frenzy for BTC