The yearly open at $29,000 seems like a good place for BTC to correct to. Slightly down 27,000 . However, there is always a chance for the sell-off to cascade due to FOMO .
December 2020, BTC top to ATH $24000, and finally US Congress approved stimulus $900 Billion . Correction and support level 21600 (FibS8), 20500 (FibS11), and stronger support 19400 (FibS14) . If momentum weaker, the last support is around 17000 . USD is stronger across the board FX, Index, Crypto. I believe BTC will be up again and follow parabolic trend in...
This has been exemplified through 2020 as Grayscale has reported back-to-back recording-breaking quarterly results. The assets under management (AUM) have exploded in the past 12 months to over $10 billion. Somewhat expectedly, the Grayscale Bitcoin Trust has the most substantial share. The analysts asserted that if there’s a decline in the interest towards GBTC,...
At 08:10 UTC on Sunday (November 29), the Bitcoin price surged past the $18,000 level, seemingly on another run toward its all-time high of $19,870 (which, according to the CryptoCompare Index, was reached on 17 December 2017). The trend of major public companies putting a part of their assets in bitcoin (BTC) continues to gain momentum as according to a recent...
During 2020, COINBASE:BTCUSD price range 3500 - 19600 and provide huge gain compare to other instruments. ATH for almost 13 years happen in November 2020. I believe those performance is tremendous while bitcoin or cryptocurrency adoption significantly increase by institution, consumers, as well as regulatory framework . Technically, refer to momentum analysis...