Bitcoin (BTC) is hot and clearly in the hands of bulls. Yes, eventually an exchange-traded fund (ETF) is coming and after that a $100,000, no $120,000, scratch that, $150,000 BTC price will be on the board.  Blah, blah, blah. Anyone logging onto crypto Twitter is going to be bombarded with all this bullish drivel straight from the jump and that’s great, we’re all happy Bitcoin is doing well. I’ve been a holder since early 2016 so of course, I’m happy. But, isn’t there more to crypto… Source link

JPMorgan CEO Jamie Dimon said recently bitcoin is worthless. Morgan Stanley CEO James Gorman said Thursday crypto isn’t a fad, but isn’t sure on the outlook for prices.  Jurrien Timmer, Fidelity’s director of global macro, is more clear-minded on the direction for bitcoin: $100,000 by 2023.  “So this move up [in bitcoin] has come without the help of momentum chasers, which I think is a good sign because it means there is something else making bitcoin go up. And, that is fundamental demand… Source link

Bitcoin has bounced back from a significant slump in recent weeks. Dave Keller of Stockcharts.com thinks it will return to previous highs of $64,000. He also broke down for Insider why bitcoin is likely a better bet than ethereum right now. Once again, bitcoin is on the come up. After hitting its all-time-high above $64,000 in April, the cryptocurrency plummeted 53%, all… Source link

Ethereum is making a serious move to re-test the $4,000 level of resistance following a sensational 35.96% push to the upside since the start of the month. The world’s second-largest cryptocurrency has regained a bullish posture on all timeframes after breaking out of September’s downtrend, which saw it slump from $4,000 to as low as $2,500. If Ethereum can break the psychological level at $4,000 before the month is over, it will likely drive towards a new all-time high above $4,400 before… Source link

Ethereum price saw bulls entering at the monthly pivot near $3,429. Price action to the upside got rejected at the monthly R1 resistance level at $3,836 and just a few bucks shy of the red descending top line.  With bulls taking the upper hand this week, expect a further continuation with a break of the red descending trend line and a retest of $4,085. Ethereum (ETH) price is on the verge of breaking higher after the first week of October offered bulls an… Source link

Ethereum Ethereum rallied by 3.38% on Wednesday. Reversing a 1.46% decline from Tuesday, Ethereum ended the day at $3,608.21. A mixed start to the day saw Ethereum slide to an early afternoon intraday low $3,412.45 before making a move. Finding support at the first major support level at $3,413, Ethereum rallied to a late intraday high $3,614.48. Ethereum broke through the first major resistance level at $3,559. Coming within range of the second major resistance level at $3,627, however, Ethereum… Source link

Litecoin price has been on a slow and steady uptrend after finding a stable platform at $177.90. A flip of the $189.75 resistance level into the support floor will likely trigger a 30% ascent to $232.94. If LTC breaks below $163.89 will invalidate the bullish thesis. Litecoin price has been consolidating below a stiff resistance barrier for 36 days. However, LTC seems to have mustered up the strength and is attempting to cross this hurdle and trigger a new… Source link

Everyone is talking about a six-figure Bitcoin (BTC) price now that the digital asset has broken out of its multi-month downtrend and confirmed that a bullish trend is in play.  If Bitcoin happens to enter a parabolic move toward $110,000, that would finally match PlanB’s Stock-to-Flow model prediction. According to the pseudonymous analyst, the scarcity and valuation of gold and other precious metals and “Elon Musk’s energy FUD and China’s mining crackdown” are a few of the… Source link

On October 13, 2011, the Litecoin network first went live. Today marks ten years from the debut of digital silver, which has arrived at the same time as the asset has made a new all-time low against BTC. Is it lights out for Litecoin from here, or will this ten-year anniversary be the start of a dramatic turnaround the asset is known for. Litecoin Network Hits Milestone Ten Years On The Market Ten-year anniversaries are always a special event worth celebrating…. Source link

Bitcoin returned above $56,000 on Wednesday after trading in a tight range over the past few days. The cryptocurrency’s price is up about 3% over the past 24 hours compared to a 1% rise in ether over the same period. The recovery in cryptocurrencies over the past week has decoupled from equity markets, with bitcoin squarely in the lead with a near 18% price rise for the month to date. Meanwhile, the S&P 500 is down about 4% from an all-time high in September, albeit with less or a roller… Source link