Category Archives : Bitcoin News

Peter Schiff’s beetle claims that Bitcoin’s rise is due to the Golden Wave and TV commercials
07 Sep
7:17

Peter Schiff’s beetle claims that Bitcoin’s rise is due to the Golden Wave and TV commercials

Golden beetle Peter Schiff believes that Bitcoin’s recent decline signals the start of a bear market. In response to a tweet from Gemini co-founder Tyler Winklevoss, Schiff blamed Bitcoin’s rise over the past two months due to a halo effect from gold and an accidental TV advertising campaign. In July,…

Historically, Bitcoin may have ended its correction
07 Sep
7:11

Historically, Bitcoin may have ended its correction

Bitcoin has experienced a sharp correction over the past few days, sending the cryptocurrency down to key support around the $ 10,000 round number zone. However, historically this could be the last correction before it initiates a long-term uptrend. Adjustment has ended An analysis posted a chart of Bitcoin’s Relative…

The analyst outlines a roadmap ahead for Bitcoin, ETH and XRP after the recent fierce correction
07 Sep
7:07

The analyst outlines a roadmap ahead for Bitcoin, ETH and XRP after the recent fierce correction

Trader and analyst Michaël van de Poppe are coming up with possible scenarios for Bitcoin, ETH, and XRP following a major crypto market correction. He told his 75,000 followers that he expects BTC to stay above the critical support of $ 10,000. “Bitcoin – low liquidity. A $ 10,000 return…

Bitcoin remains bullish in the long term based on macro factors
07 Sep
7:04

Bitcoin remains bullish in the long term based on macro factors

Bitcoin is still bullish on the macro timeframe according to a popular trader on Twitter. He shared this chart below today, writing that BTC is still in good shape: “We are currently testing an important level of support (S / R flip). It is good to drop at 12k, but…

Bitcoin dominance has dropped 10% in the past 100 days
07 Sep
7:00

Bitcoin dominance has dropped 10% in the past 100 days

Bitcoin’s dominance index has dropped 10% from a high of 67% on May 10 to as low as 57% today. Despite the market’s shakes, ETH still accounts for 12% of the total market cap of $ 331 billion. There have been some changes in the top 10 coins, as BTC…

Will Bitcoin trade under $ 10K again?
07 Sep
2:43

Will Bitcoin trade under $ 10K again?

The market is currently in red. ETH dropped from 500 to $ 300 in a few days causing people to scream a DeFi (decentralized finance) bubble that will burst and mourn as their favorite DeFi coins plummet. It may just be a coincidence, but the last time this happened so…

Analyst Dan Tapiero believes Bitcoin and gold will hold if stocks continue to decline
07 Sep
2:39

Analyst Dan Tapiero believes Bitcoin and gold will hold if stocks continue to decline

Bitcoin fell lower as legacy markets have experienced a strong correction in recent days. This is evident when BTC is down about 8%, the S&P 500 is down about 3% in one session. The top cryptocurrency appears to be in a downtrend if the stocks continue to fall. But according…

Bitcoin beats gold in every way
07 Sep
2:36

Bitcoin beats gold in every way

Global Macro Investor Raoul Pal CEO explained why he believes Bitcoin is better than gold in every way. He declared that Bitcoin is “the hardest money to make” and “the best reserve asset and collateral”. Bitcoin is the ‘best transaction in the world’ Macro strategist and former hedge fund chief…

Why should spot traders be interested in massive Bitcoin liquidations on derivatives when the market is volatile?
07 Sep
2:33

Why should spot traders be interested in massive Bitcoin liquidations on derivatives when the market is volatile?

Bitcoin’s recent price action triggered a series of liquidations on BitMEX. In fact, a total of $ 264 million sold orders were liquidated after Bitcoin’s price fell below $ 11,500. Interestingly, the US stock market suffered the same fate. Perhaps, however, the reactions of traders on derivative exchanges are the…

The veteran trader predicts Bitcoin will be about $ 8,000 by the end of the year, but the Fed is backing Bitcoin
07 Sep
2:31

The veteran trader predicts Bitcoin will be about $ 8,000 by the end of the year, but the Fed is backing Bitcoin

According to a veteran analyst nicknamed dave the wave on Twitter, Bitcoin is likely to head towards $ 9,000, then $ 8,000 by the end of the year. The analyst shared the chart below after BTC corrected, noting that macro resistance could act as support for an expanding consolidation pattern:…

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