Bitcoin has seen a shaky week in which the price is down by over 20%. The cryptocurrency giant alongside almost all altcoins experienced a bloodbath, with Bitcoin retesting the $30k support. Is bitcoin in for full recovery or is the bull market over? Elon Musk May Have Just Hinted An Offload Of Tesla’s Bitcoin Holding …
Bitcoin increased about 28% in the last 7 days reaching an all time high of $58,335 in Sunday trade. Some reasons for this spike can be attributed to billionaire Elon Musk after his portfolio company Tesla invested about 1.5 billion USD and also stated that they would accept BTC as a form of payments for …
Bitcoin is up 5% in the last 24 hours and up 15% in the last 72 hours reaching a record high of 15,9K USD – a price last seen during the bull run of 2017. A possible explanation for the recent price surge could be the increasing odds of a Democratic US president. Recent election …
Read moreBitcoin sets new record highs. Will the bull run continue?
Investors should be cautious during Bitcoin’s recovery. Here’s why. We analyze the crypto market’s recent recovery from a technical view, a sentiment view, and from the news situation. We focus on the big picture and address long-term investors.
In March 2020 the Corona Crisis pushed to the forefront of public attention in Europe, the US, and the rest of the world. Spurred by worries of an economic breakdown, international stock markets saw a drastic crash of about -40% so far. Usually, the correlation between the stock market and the crypto market is very …
Read moreBitcoin in the Corona Crisis: Why investors should stay on the sidelines.