Bitcoin Price and Technical Market Analysis June 6th, 2020

Bitcoin Price and Technical Market Analysis June 6th, 2020

Sellers managed to close the daily candle below $9700. The critical point of buyers remains at $9400. Fixing above $9700-9800, we will expect a new attempt to break $10,500 with a probable continuation of growth to $11,000. During yesterday’s trading on Bitcoin market, sellers managed to remind again for their presence, lowering the price to […]

Bitcoin Likely to Reach All-Time High This Year: Bloomberg

Expert: Bitcoin Will Reach All-Time High This Year

Bitcoin will reach its all-time peak by the end of 2020: Bloomberg report. A report by Bloomberg on its outlook of the crypto market, explains how this year the largest cryptocurrency by market cap may reach its all-time peak of USD 20,000. Mike McGlone, a Bloomberg technical strategist points out the fluctuations in Bitcoin’s price […]

Trending Bitcoin News and Market Sentiment June 6th, 2020: Bart Simpson Charts Due to Derivatives Trading, Bitcoin Daily Trading Volume to Surpass That of US Equity Markets by 2024


Derivatives trading the reason why the price of Bitcoin has been doing Bart Simpson chart patterns If current growth rate continues, Bitcoin daily trading volume will surpass that of US equity in under four years Bitcoin price has been trolling us for weeks now, moving in a rather tight range, always hovering below or above […]