[ad_2][ad_1] Less than a week ago, the price of bitcoin set a new all-time high at $ 19,920.53. However, the older cryptocurrency is still struggling to break out of the $ 20,000 level. The reason why the milestone remains elusive, according to analysts and traders, is simple: there are too …
Read More »What keeps Bitcoin under $ 20k?
[ad_2][ad_1] For several weeks, Bitcoin has been getting closer and closer to $ 20,000. It’s almost silly: According to data from CoinMarketCap, Bitcoin has gone as high as $ 19,816, so close to $ 20k that in some respects it might as well to be $ 20,000. Yet, the final …
Read More »First Mover: Ether Eyed as Value Play with Bitcoin Pressing $ 20K
[ad_2][ad_1] Bitcoin was climbing towards the all-time high price of $ 19,920 dented earlier this week. “So far, prices remain limited, either with sellers unwilling to part with their coins at a lower price or with buyers unwilling to take further bets on a rally,” Matt Blom, head of sales …
Read More »Because one analyst says Bitcoin “is on the verge of surpassing $ 20K
[ad_2][ad_1] Market sentiment around Bitcoin (BTC) is mixed, as the price of BTC almost immediately dropped 10% immediately after hitting its previous all-time high of $ 19,892 on December 1st. However, some analysts and fund managers predict the dominant cryptocurrency will rise above $ 20,000 in the short term. But …
Read More »The $ 20k Bitcoin attempt is a classic Top Setup – Bollinger
[ad_2][ad_1] Quick grip: Yesterday, John Bollinger warned that the $ 20k Bitcoin attempt is a classic top setup Bitcoin has since dropped from $ 19,900 to $ 18k in a flash crash The 50-day moving average looks like a good area for a rebound Other macro support zones are found …
Read More »Bitcoin is aiming for $ 20K because “Excess Dollar Liquidity” is still in the system
[ad_2][ad_1] The Bitcoin market took heavy losses mid-week as its price fell from its high of $ 19,500 to a low of $ 16,200. Some analysts believe the cryptocurrency has more room for downside, given its 100% rise before the latest correction. However, macro fundamentals are still favoring the young …
Read More »Record Open Interest In $ 7.4 Billion Bitcoin Futures Shows Professionals Still Expect $ 20K BTC
[ad_2][ad_1] The price of Bitcoin (BTC) failed to break above the $ 20,000 level this week, but there were several records related to volume and open interest up to $ 19,484. A notable achievement was the open interest on aggregate futures contracts which reached $ 7.4 billion in derivatives trading. …
Read More »Bitcoin faces this final resistance zone before the all-time high of $ 20K
[ad_2][ad_1] Bitcoin (BTC) traders are spotting the order books of major exchanges showing that the $ 19,500 level is a short-term resistance level. Bitcoin rejects $ 19,500 per hour On November 25, Bitcoin’s price was declined at $ 19,500 with relatively high volume in peak trading. On Binance, for example, …
Read More »Bitcoin price now points to $ 20K after XRP shocked the cryptocurrency market
[ad_2][ad_1] The price of Bitcoin (BTC) topped $ 19,000 on November 24 for the first time in nearly three years. An XRP flash crash on Coinbase followed, which shook the cryptocurrency market. The two incidents could be completely random. Although considering that the price of BTC rose almost immediately after …
Read More »Is the “stealth phase” over? Because Wall Street FOMO will make $ 20K Bitcoin look cheap
[ad_2][ad_1] The year 2020 sucked pretty much everyone. Unless you are holding Bitcoin (BTC). Bitcoin’s price has risen 125% year to date, once again making it the best performing asset just as it has been for the past decade. Oddly, the public seems completely oblivious to this fact. But not …
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