The price of Bitcoin (BTC) is up 5.6% in the last 24 hours and back above $30,000 on Monday. This is a brief sign of strength in the middle of a record losing streak. Bitcoin’s price has gone down for nine weeks in a row for the first time in its history. It went from […]
The Fair value of Bitcoin is $38,000 USD according to JPMorgan strategists The Bitcoin price is currently below its fair value, according to JPMorgan making Bitcoin one of the bank’s preferred alternative investments. The banking giant believes there is room for the digital asset class to rebound, unlike other alternative assets. Benjamin Cowen, a leading […]
The price of Bitcoin shows that there are three main places to buy at $29,000, $19,500, and $12,000 USD. Due to a bearish flag and inefficiencies in the market, the price of Bitcoin could fall to $19,500 or even lower. The bearish thesis will be proven wrong if the weekly candlestick closes at more than […]