Tag: BTCUSD

Three reasons why China will “lose its grip” on Bitcoin mining as political tensions mount

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Weeks after the Bitcoin halving in mid-May, miners are seemingly moving out of China and into Europe — with one prominent mining pool stating geopolitical tensions between the United States and China are a major catalyst.
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Bitcoin Price Could Dive To $6K If It Falls Below $8,500 Soon, According To The Wyckoff Pattern

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By examining a well-known technical component, the popular YouTuber The Moon believes that Bitcoin could be heading towards $6,000 in the next few months if it breaks the vital $8,500 level. Bitcoin And The Wyckoff Distribution Pattern The cryptocurrency analyst initially posted the chart on Twitter in which he has inserted BTC’s current position on […]
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Tone Vays: Bitcoin Price Won’t Break $10,000 This Year

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Bitcoin’s price will continue trading in a tight range between $6,000 and $10,000 until the rest of the year, believes popular BTC analyst Tone Vays. He also thinks that short-term breaches above $10k are insufficient since the asset heads back down almost immediately. BTC Between $6k And 10K The price of the primary cryptocurrency has […]
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$1 Billion Bitcoin Options Expire On Friday: Upcoming Showtime For BTC Price?

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The notional value of Bitcoin options contracts set to expire tomorrow has reached a new record by exceeding $1 billion. With such a massive amount, the question remains how and if it will impact the price of the primary cryptocurrency. BTC Option Contracts To The Moon As CryptoPotato reported shortly after the mid-March panic sell-offs, […]
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This Is Why Bitcoin and Altcoins are Correlated On The Short Term, Investor Explains

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Bitcoin and alternative cryptocurrencies have become largely correlated over the past couple of years. Whenever there’s a serious move in the price of BTC, altcoins are almost always following the lead. A well-known startup investor and trader, Qiao Wang, took the opportunity to comment on the matter, outlining the reason for this correlation. Why Bitcoin […]
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