Bitcoin offers buyers a “flash sale” with a dip below $67,000, but traders warn that the BTC price retracement may not be done yet.
Bitcoin news
Never has the US elections been so crucial for crypto investors. The outcome may be a catalyst to trigger a full-on bull market. What are the prospects if Trump wins?
Despite the record European inflows, Bitcoin price has been unable to recover above the $70,000 psychological level since July.
Bitcoin’s private keys won’t be breached any time soon. But the industry still needs to transition to a “post-quantum cryptography.”
CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US.
Armstrong has endorsed pro-crypto Senate candidates, backing Republicans like John Deaton and David McCormick for their stance on digital asset policies.
Spot Bitcoin ETF inflows can have a delayed effect on the BTC price, which takes a couple of days to materialize, according to market analysts.
The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms.
Bitcoin achieves its highest weekly close in four months as BTC price predictions see $70,000 and more after a support retest.
High open interest signals more leverage, which could induce another flush-out if positions are liquidated.