By Jordan Lyanchev It’s hard to believe that just 48 hours ago, there was no clear indication of what was going to happen next. The reality, though, is quite promising as bitcoin has added over $11,000 within this timeframe, and blasted through $75,000 hours ago for the first time since late May. Naturally, analysts have […]
Tag: BTC
By Wayne Jones BTC broke above $70,000 after a fast recovery on August 20, with experienced trader Sykodelic putting $67,000 as the mark that bulls need to defend. The idea is straightforward: a close above $67,000 for a week may be a sign of bottoming out for Bitcoin, allowing bulls to target $74,000. Bitcoin Clears […]
By Jordan Lyanchev A lot can change in the cryptocurrency markets within relatively small time windows, sometimes even hours. This is what took place over the past 24 hours. Bitcoin stood sideways below $65,000, where it spent most of the past several weeks. It had calmed in a tight range between $62,000 and $65,000, as […]