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Bitcoin Market Analysts Divided Over Price Trajectory

T. Okonkwo — Fri, 04 Jun 2021 12:00:10 +0000

Yet another choppy week of price action in the crypto sphere. With Bitcoin down by about 4.7% this week, having tested a resistance at $40,760 last week. Analyst remain divided over short and intermediate term trajectory of the cryptocurrency giant. Bloomberg Analyst: Bitcoin more likely to hit $100K than $20K in 2021 Bloomberg senior commodity ...

Market Analysis: Is Bitcoin Headed For Further Crash?

T. Okonkwo — Fri, 28 May 2021 16:57:38 +0000

Yet another week of indecisive price action as Bitcoin was unable to reclaim the $40k levels. Traders remain extremely cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity. The past week hasn’t gone in favour of the bulls as the price of Bitcoin is down about 9%, currently ...