Bitcoin Price May Hit $400K Due to Fundamentals, Not FOMO

Bitcoin’s improving fundamentals and the arrival of institutional investors could impact the volatility and price action of future rallies and corrections. The Nature of Bitcoin Rallies will Change Aaron Brown, the author of a recently published op-ed in Bloomberg, believes that the next sustained Bitcoin rally could be more measured as it will be propelled […]

Continue Reading

Bloomberg Trend Indicator Suggests More Pain For Bitcoin

Over the past couple of days, Bitcoin has retreated by 12 percent from its 2019 high. Many industry observers have called for this correction following a parabolic surge since the beginning of April. Short-term technical indicators are starting to agree with them. Trend Indicator Flashes Red Over the past 24 hours, bitcoin price 00 has […]

Continue Reading