Bitcoin Needs To Break $70,000 For The Uptrend To Continue, Here’s Why

Bitcoin traders are upbeat, expecting prices to shake off recent weakness and soar above the local resistances to as high as $73,800. Even so, before the coin breaks above these liquidation regions, buyers must have conviction. Moreover, the leg up must be sustained by a fresh influx of new capital, ideally from investors fearing they… Continue reading Bitcoin Needs To Break $70,000 For The Uptrend To Continue, Here’s Why

‘Paper’ Bitcoin On The Decline: What It Means For BTC

Data shows that the Paper Bitcoin inventory on exchanges has been on a decline recently. Here’s what it could imply for the cryptocurrency’s price. Bitcoin Inventory On Exchanges Has Seen A Drawdown Recently In a new Paper BTC. The former of these is simply the actual tokens that the exchanges are holding on behalf of… Continue reading ‘Paper’ Bitcoin On The Decline: What It Means For BTC