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Tag Archives: BTCEUR

Analysis: Those Are The Two Fib Price Targets For Bitcoin’s Short-Term

Bitcoin has been on an incredible run over the past couple of months. The price surged above the coveted $20,000 mark earlier in December and it shows absolutely no signs of slowing down, with a current all-time high at above $28,000.Bitcoin Price on SteroidsLess than three months ago, bitcoin’s price was slightly above $10,000 and it’s unlikely that anyone could have foreseen what followed.In October, the price started trending up and before we knew it, it had reached below $20,000. It was...

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Bitcoin Price Eyes $28,000 as BTC Dominance Marks 14-Month High (Market Watch)

Another day and another all-time high for bitcoin as the asset broke above $27,000 and even neared $28,000. Most alternative coins have failed to mimic BTC’s gains, and bitcoin’s dominance has exploded to above 70% for the first time since September 2019.New ATH For BTC At $27,900This year’s Holiday season has turned to be quite bullish for the primary cryptocurrency. Ever since December 24th, bitcoin has painted a new all-time high daily.After breaking above $25,000 and $26,000 in the past...

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Bitcoin Sets ATH at $26K as Ripple Is In Trouble: The Crypto Weekly Market Update

The past seven days were particularly tumultuous for the cryptocurrency market. The week leading up to Christmas saw massive volatility across the board, and this time, it wasn’t Bitcoin in the spotlight.Nevertheless, the primary cryptocurrency started the week by gaining about $1,500, but it was on Monday when things took a turn for the worse. BTC dropped by more than $2,000, reaching a dollar value of about $22,000. From there, however, it managed to rebound.Yesterday, bitcoin’s price...

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6 Reasons For The Ongoing Bitcoin Bull-Run Beyond $20K

Bitcoin’s eye-popping run beyond the psychological $20,000 level has turned profits for almost everyone who invested in the cryptocurrency to date. Also, BTC has appreciated by more than 500 percent this year since the March lows. It is currently among the top investable assets across all financial markets. But what exactly fuelled bitcoin’s rally past the 2017 top? What’s the force behind BTC’s parabolic spurt this year?Death Of The Dollar (Not Yet But The Writing’s On The Wall)The 1D YTD...

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Aussie Crypto Adoption Increases: Almost 20% of Australians Own Cryptocurrencies

A survey conducted by the Australian crypto exchange Independent Reserve shows that over 90% of locals have heard of at least one cryptocurrency. At the same time, nearly one in every five respondents said that they own a digital asset.Crypto Awareness Among AussiesThe Australian-based exchanged highlighted that its Independent Reserve Cryptocurrency Index (IRCI) survey has reached out to “everyday Australians and reflects the nation as a whole,” instead of focusing on digital asset users.The...

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Bitcoin ATH on Christmas Caused by Retail Investors: Adam Back

With bitcoin’s price surging to a new all-time high on Christmas Day, the community has speculated on possible reasons. Co-founder and CEO of Blockstream, Adam Back, believes that retail investors have finally arrived and driven BTC higher this time, instead of institutions.Back: Retail Pushed BTC To A New ATHBitcoin has exploded in value in Q4 2020, resulting in breaking above $20,000 for the first time and charting consecutive all-time highs. The main narrative behind this impressive...

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Canadian Fintech Company Plans to Buy Bitcoin Worth At Least $1.2 Million in 2021

The Canada-based financial technology company Mogo plans to make an initial corporate investment of over $1 million in bitcoin and increase the amount next year. The crypto-friendly fintech firm has joined the recent trend of sizeable corporations that allocate funds in BTC.Mogo To Allocate 1.5% Of Its Assets In BTCThe Vancouver-based fintech company announced its BTC-related plans earlier today. The statement reads that the firm intends to allocate 1.5% of its total assets as of the end of...

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Bitcoin Sets New ATH Above $25,000: Bitcoin Dominance Eyes 70% (Market Watch)

Bitcoin’s Christmas continued with a bullish performance as the cryptocurrency has marked another all-time high – this time breaking above $25,000. Most altcoins have also added value, including Litecoin – a 15% surge for LTC has taken it to a new yearly high of about $130.Bitcoin Paints A Fresh ATH Above $25KAfter dumping to $22,700 on December 21st, just five days ago, BTC’s price performance has been quite impressive: The asset overcame $23K and $24K in the following days and, despite high...

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Crypto Price Analysis & Overview December 25th: Bitcoin, Ethereum, Ripple, Binance Coin & Chainlink

BitcoinBitcoin saw a further 7.5% price surge over the past week, with today’s 5% price hike putting it at a new ATH of $24,660. The cryptocurrency had penetrated above  $20,000 on December 16th, and it continued to rise last week until it met resistance at $23,853 (1.618 Fib Extension – purple).The buyers struggled to break this resistance over the last few days as it went on to trade sideways between $23,853 and the support at $22,708 (.236 Fib Retracement).Bitcoin rebounded from the lower...

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Bitcoin Just Recorded Another All-Time High: Is $25K Incoming? (BTC Price Analysis)

As the world is celebrating Christmas, the primary cryptocurrency has its own private celebration.Two days ago, following Ripple’s SEC lawsuit, it seemed like Bitcoin would rather be testing its prior resistance turned support at $20K before continuing higher. Yesterday’s low was $22,700.However, Bitcoin has its own plans. The BTC price had increased $2,000 over the past two days, surpassing the previous all-time high from last Sunday set at $24,370 (Bitstamp). As of writing these lines,...

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