Author: Yashu Gola

Fed’s Brainard Speech Offsets Bitcoin Crash Fears against Rising Yields |

Bitcoin held onto its key technical support area despite a concerning sell-off on Tuesday, raising hopes that it might survive the bearish assault that brought its prices down by 21.32 percent last week. The benchmark cryptocurrency reported early gains on Read More

Bitcoin Gains on Fed’s Infinite QE, Johnson and Johnson Vaccine Progress |

Bitcoin reversed earlier losses after Jerome Powell, the Federal Reserve chairman, reiterated the central bank’s tendency to stick with its infinite quantitative easing policies during the second day of his testimony to Congress. The benchmark cryptocurrency ended Wednesday 1.71 percent Read More

Bitcoin Fractal Sees BTC/USD Hitting $35-40K Before Resuming Bull Run |

Bitcoin bulls should prepare for its price to drop into the $35,000-40,000 area, per an apprehensively accurate fractal. First highlighted by TradingShot, an independent crypto trading consultancy, the fractal relies on a flurry of technical indicators to make its short-term Read More

Bitcoin Weekly Outlook: Overbought Fears Persist Despite Corporate Boom –

Key Bitcoin Takeaways Bitcoin bloomed higher last week despite weaker demand for safe-haven assets against a prosperous US economic outlook. The cryptocurrency’s upward move came as a part of its quarterly bullish trend as traders raised their BTC/USD bids against Read More

Bitcoin (BTC/USD) Will Not Crash Below $36,000, Asserts Forex Analyst –

A recent price explosion in the Bitcoin market has pushed its costs to over $52,000 per token, more than double its December 2020 nadir. The cryptocurrency’s meteoric rise has also sent its momentum indicators into an overbought area, which typically Read More

Binance Coin Beats Bitcoin in Buying Frenzy; Price Rises 100% WTD –

Binance Coin was not among the top-ten cryptocurrencies at the beginning of 2021. But some hardcore pumping later, the token that backs one of the world’s largest crypto exchanges, Binance, is now the third-largest, falling only behind Bitcoin and Ethereum Read More

Bitcoin Analysis: BTC/USD Wedge Breakout Could Send Price to $55K –

Bitcoin (BTC/USD) rose to its highest levels to date at $52,640 on Wednesday after the minutes from Federal Open Market Committee’s January meeting offered bullish guidance. The Fed officials stated that they intend to keep interest rates near zero and Read More

Bitcoin Expects to Reach $65,000 Next Month, Fractal Analyst Claims –

Bitcoin’s run-up to its all-time high above $50,000 this week has prompted a data analysis firm to predict further upside valuations for the cryptocurrency. TradingShot, an independent trading management firm, wrote in its latest note to followers that it sees Read More