After the correction, which amounted to 22% - counting from the highest to the lowest point on the Bitcoin chart in the 7-day range, it is time to rebound and continue gains. The BTC is currently trading around $ 50,000. What's up on the market of this cryptocurrency?
Many people do not delve into the technical aspects of the oldest cryptocurrency. Some people think that they don't need this knowledge for anything, others see it as too complicated. In certain situations, however, it is worth activating inquisitiveness in order not to get carried away by the wave of disinformation ...
After dynamic increases, the rate of the most popular cryptocurrency slowed down. As a result, it has been trading without major price movements around the $ 36,000 line for several days, but has now fallen below $ 34,000. Nevertheless, the optimism on the market does not fade away and many signals indicate a possible continuation of the rally!
Bitcoin and stocks of US tech companies, including Tesla, are currently the biggest speculative bubbles on the market, say professional investors interviewed by Deutsche Bank. Meanwhile, the BTC rate has fallen by almost 8% since yesterday. Currently, Bitcoin is around $ 34,222.
Cryptocurrencies are assets that fluctuate strongly in price. Declines of 20% or even 30% can be classified as something "typical" for this market. If you are wondering why Bitcoin cost $ 40,000 on one day and suddenly fell to $ 30,000 on the second, we have answers to these and other questions for you!
While there have been several ups and downs within the $ 30,000 per coin line on the BTC chart in the past few hours, critics have hit the cryptocurrency hard. Famous economist Nouriel Roubini hailed Bitcoin as a "totally irrational bubble" and Peter Schiff announced that BTC had already reached its peak. The largest bank in the United States - JP Morgan, has a completely different opinion on this subject.
The oldest cryptocurrency is very often combined with the most popular ore. Bitcoin has even become known as digital gold - no wonder, after all, both of these "investment assets" have a lot in common. Here is a comparison of their results from 2020!
Nowadays, the economy and investing have changed a lot. Currently, what matters is not only the efficient navigation of the traditional stock exchange, but also the ability to invest and obtain virtual money, i.e. the so-called cryptocurrencies. However, this is still a relatively new topic for many investors
Currently, the price of Bitcoin is around $ 19,000. After this cryptocurrency has reached its all-time high, many investors are waiting for its growth to continue. What do analysts expect in the short term?
I don't think there is a person who would not hear about cryptocurrencies. This virtual money is related to the development of modern technologies and the world of the Internet. They were introduced into circulation several years ago in order to use them to finalize various types of transactions concluded online. What is bitcoin legal in the world? It turns out that more and more countries are taking this virtual currency seriously.
Not so long ago, analysts from the largest bank in the United States bowed their heads to Bitcoin, claiming that the cryptocurrency plays a great role as a store of value, protecting against inflation. Moreover, they emphasized that its value is much greater because it can be used as a means of making payments. However, this sudden change in JP Morgan Chase's attitude towards BTC was not accidental ...
Although BTC fell from $ 13,837.70 to $ 12,932.25 over the last day, sentiment among cryptocurrency investors remains positive. Bitcoin is still perceived as one of the best hedges against inflation - moreover, this advantage is increasingly appreciated by institutional investors.
The Bitcoin price is currently at a nearly 5% plus in the daily range. Currently, this cryptocurrency trades around $ 13,717 per coin. Where is the BTC price heading? Here is a summary of the most important information from the market!
“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.
Third party cookies:
We also use third-party cookies for the following purposes:
creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
defining a user profile - in order to display custom-tailored content in advertising networks.
External entities that might be source of any third-party cookies on this instant Website are as follows:
Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.
Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).