It’s all about what happens to Bitcoin price action by the end of the week as $1,000 swings up and down remain.
Category: BTC Price
Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600.
The latest debacle over China’s anti-crypto stance has a firm historical echo to it — and old hands are more than aware.
Old news suddenly gets picked up on social media, sparking an instant crypto price crash.
Twitter’s stock feels the benefit of the “orange pill” as surging stocks add to positive tailwinds for Bitcoin.
This week’s price action shows Bitcoin bulls were a bit overzealous about Friday’s $3 billion BTC options expiry.
The proportion of the BTC supply, which has been dormant for at least a year, looks set to increase after putting in local lows.
Predictions include a short-term low at $42,000 as overnight progress turns into consolidation.
The Chinese property developer will soon be a “non-event,” one analyst says, with markets already shrugging off the story.
The veteran Bitcoin bull says he’s not “nervous” about crypto on the back of the institutional investor demand he has witnessed.