Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable?

The price of Bitcoin hasn’t quite started the month as widely expected, falling to around the $60,000 mark on Thursday, October 3rd. This bearish pressure is believed to have been triggered by the escalating tension in the Middle East after Iran fired missiles into Israel. However, the premier cryptocurrency seems to be making a turnaround… Continue reading Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable?

Bitcoin Stuck: Here Are 2 Things That Must Happen For BTC To Break $72,000

At spot rates, Bitcoin is firm, but traders doubt the uptrend following the unexpected dump on June 11. Currently, Bitcoin is stable, trending above $67,000 and down despite gains on June 12. Still, even at this level, there are concerns because the coin, despite all the confidence across the board, remains below $72,000. This reaction… Continue reading Bitcoin Stuck: Here Are 2 Things That Must Happen For BTC To Break $72,000