Binance CEO: Retail Investors, Not Institutions, Are Leading the Bull Market

Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, says Binance CEO in a recent interview with Bloomberg. Who’s Really in Charge? As Bitcoin briefly touched $20,000 in early 2018, market analysts forecasted that the impending arrival of Bitcoin futures products, a Bitcoin exchange-traded fund (ETF), and […]

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Forget FUD, Day Trades; Go Long On Your Bitcoin Investment

Cryptocurrency skeptics who only focus on Bitcoin’s immediate price action are failing to see the forest for the trees. In a recently published op-ed, Bloomberg contributor Leonid Bershidsky advised investors to ignore Bitcoin’s quick ascension to $5,000 as the move was nothing more than a “blip” driven by manipulation. Throughout the article, Bershidsky questioned the […]

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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 […]

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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 […]

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