Bitcoin is officially trading at the highest prices it has ever seen, with today being a monumental day for the cryptocurrency This historical milestone has come about following multiple attempts, and failures, at breaking above $20,000 The eventual break above this level could now spark an epic short-squeeze that liquidates all the $20,000 limit-short orders […]
Tag: Cusp
Here’s Why Bitcoin is on the Cusp of Seeing Massive Volatility
Bitcoin has been caught within a persistent bout of sideways trading throughout the past few days, with the selling pressure seen above $19,000 allowing bears to spark multiple strong selloffs throughout the past couple of weeks. These rejections have all resulted in the cryptocurrency forming a series of higher-lows, which is an incredibly bullish technical […]
Why one analyst says Bitcoin ‘is on the cusp’ of busting through $20K
The market sentiment around Bitcoin is currently mixed, but one fund manager argues that BTC may soon see a new multi-month rally.