Trader forecasts further movement in Bitcoin price.
A practising trader and founder of the Crypto Shaman project, Vadim Shovkun, explains the current market situation.
Trader forecasts further movement in Bitcoin price.
A practising trader and founder of the Crypto Shaman project, Vadim Shovkun, explains the current market situation.
Bitcoin price climbs above $44,000
On Wednesday, January 12, bitcoin prices rose above the $44,000 mark (on Bitstamp).
‘Bond King’ Jeffrey Gundlach Urges Waiting for Bitcoin to Fall to $25,000 on Fed Policy
The head of DoubleLine Capital, Jeffrey Gundlach, said Bitcoin is too expensive in light of the Fed's forthcoming tightening of monetary policy and suggested waiting for its price to fall to $25,000 before buying.
Opinion: Kazakhstan’s internet shutdown overhyped as Bitcoin price driver
The drop in Bitcoin from January 5 to 7 has been wrongly linked to the shutdown of mining farms in Kazakhstan due to the internet outage. Arcane Research analysts share this view.
Glassnode analysts flag potential short liquidations amid extreme leverage
A combination of on-chain indicators and record-high leverage in the derivatives market points to a high likelihood of heightened volatility and short-position liquidations, according to Glassnode analysts.
Bitcoin price falls below $40,000
On Monday, January 10, the price of bitcoin fell below $40,000. The drop over the last 24 hours was 4%, according to CoinGecko.
Economist predicts Bitcoin could fall below $40,000 amid high inflation
Bitcoin could break below $40 000 if inflation continues to run hotter than market expectations. Such a scenario, in a climate of Federal Reserve monetary-policy tightening, was outlined by economist Alex Kruger.
Trader outlines near-term support and resistance levels for Bitcoin
The market situation is explained by a practicing trader and founder of the Crypto Shaman project, Vadim Shovkun.
Trader outlines prospects for further Bitcoin downside
A practising trader and founder of the Crypto Shaman project, Vadim Shovkun, explains the current market situation.
Bitcoin price slips below $43,000 as Fed minutes are released
In the early hours of January 6, Bitcoin touched a local low of $42,500 on Binance. Over the past 24 hours, the top cryptocurrency's price fell by 7.5%.We use cookies to improve the quality of our service.
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