Generative Data Intelligence

Tag: black thursday

Lifelong Technician, Fidelity Director Breaks Down The Bitcoin Correction

Bitcoin price is trading at below $40,000, down more than 40% from recent highs but above the low of around $30,000 per coin. The market is a state of confusion, wondering if the correction is over or if another leg down is necessary before it is all said and done. According to a self-proclaimed “lifelong […]

Whale Watching: Bitcoin Long Positions Near All-Time High

The transparency blockchain provides lets fundamental analysts see when whales are loading up on Bitcoin, but it can’t tell when technicals take a turn. However, whale behavior might still be the key to understanding price action. Right now, whales on the long-standing crypto exchange Bitfinex have amassed one of the largest collective long positions ever. […]

MicroStrategy CEO: Bitcoin Is Best Way To ‘Save Money and Give It to Your Children’

In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), shared his latest thoughts on Bitcoin ($BTC). His comments were made during an interview with CNN anchor Julia Chatterley on May 27. On the ‘Choppiness’ in the Bitcoin Market “You know, Bitcoin is maturing as an asset class. […]

$6 Trillion Stimulus is Good for Bitcoin, Says Edward Snowden

Edward Snowden has commented on Bitcoin after the Biden administration has unveiled this week of a new stimulus proposal worth 6 trillion dollars.

Surveying the May 2021 Sell-off

On 19 May 2021, Bitcoin market experienced one of the most significant liquidity events and price draw-downs since Black Thursday in March 2020....

Generate profits even in volatile markets with Bexplus

The cryptocurrency market repeated Black Thursday last Wednesday, and many coins have depreciated by more than 30% in 24 hours. The bloodbath wiped out $350 billion from the crypto market. Ether pl

The post Generate profits even in volatile markets with Bexplus appeared first on AMBCrypto.

‘Bitcoin will be able to rally towards the $44,000 region’ IF it meets these criteria

More than enough has already been said and written about the latest market depression in the cryptocurrency sector. Now, the main trending question that has surfaced over the past couple of days is th

The post 'Bitcoin will be able to rally towards the $44,000 region' IF it meets these criteria appeared first on AMBCrypto.

China’s Bitcoin Ban and Cryptocurrency Correction Is Good for the Market

Analysts believe that China’s crypto ban is nothing new, and the latest correction was mainly triggered by new investors.

Bitcoin’s Volatility Is the Price You Pay for Outperforming the S&P by 10x, Michael Saylor

After comparing bitcoin's growth in terms of volume and price in the past year, Michael Saylor concluded that the asset is coming to life.

Two Paths Of A Bitcoin Bull Run, And If A Bear Phase Is Next

Bitcoin price has plummeted more than 50% from recent highs, falling to as low as $30,000 in a matter of a flash. The selloff was enough to shock the entire market, causing the most liquidations and coins to be deposited since Black Thursday. There’s now talk of the bull run being over, however, there’s potentially […]

Guggenheim CIO Compares Crypto To Tulips, Why He May Not Be Wrong

Some of the most bullish news for crypto in the past year was when it was revealed Guggenheim had projected a fair market value of Bitcoin at $600,000 per coin, and bought some BTC. A month ago, he warned of a massive market correction and was right, now he’s saying that cryptocurrencies are like “Tulipmania” […]

Bitcoin Just Witnessed “A Knockdown, Not Knockout”: Novogratz

Galaxy Digital CEO Mike Novogratz says only the best crypto projects will survive The…

The post Bitcoin Just Witnessed “A Knockdown, Not Knockout”: Novogratz appeared first on Coin Journal.

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