Bitcoin $7,000 Support vs $30,000 Resistance
Until Bitcoin shows a larger divergence from equities it could be very risky to believe Bitcoin (BTC) is a risk-OFF asset. More and more analyst are saying that with liquidity drying up and rates going higher, a mean version back to where Bitcoin’s rally started at about $7,000 is not out of the realm of […]
Hacker With $42,000,000,000 in Wallet Exploits Poly Network
The decentralized finance (DeFi) cross-chain protocol Poly Network has suffered another major hack involving dozens of crypto assets. Poly Network acknowledged the exploit on Saturday and suspended its services, noting that 57 different crypto assets on 10 different blockchains had been impacted. Blockchain security infrastructure firm BlockSec analyzed the hacker’s actual profit statistics on Ethereum […]
Bitcoin Price Can Shatter $310,000 Per BTC If Institutions Make One Move
Bitcoin Price On-Chain Analyst Willy Woo says … Woo says BTC’s price could go as high as $398,000 but it would depend on the timing of the capital deployment. “It would really depend on whether they deploy in a bearish or bullish phase of the market but the range would be between $128,000 – $398,000. […]
CRYPTO Whales Move Over $1,282,800,000 in Bitcoin, Ethereum and Dogecoin
Deep-pocketed crypto traders are moving around more than a billion dollars worth of Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE). New data from whale-surveying platform Whale Alert reveals that crypto whales have shifted about $1.282 billion worth of funds during the last few days, with the largest chunk of transfers involving Bitcoin. … Here’s Where […]
Bitcoin’s Likely Downside Risk
Bitcoin is likely setting up for more downside: 1. Excess optimism. 2. Head and shoulders pattern. 3. Bearish momentum