Bitcoin News
By Sydney TheCMO
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Cardano founder Charles Hoskinson recently made some interesting remarks during an AMA session, including pointing out that pullbacks are inevitable, especially after the market…
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The market enjoyed a bullish run that pushed many cryptocurrencies to new all-time highs. For example, Bitcoin reached an ATH of $64,854 on Binance, but its price has since lost…
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The Cardano founder noted that there is over-justification and over-enthusiasm in the market, which contributes to enormous gains, and over-pessimism, responsible for the…
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Here’s why the bulls might take back control
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Institutional investors have a notable impact on the market and are arguably one of the major reasons for the crypto bull run in 2021.
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There was significant selling on May 18, likely due to the recent reports that China was tightening its anti-crypto restrictions.
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The lower price levels also present a good entry point for whales, leading to some price recoveries.
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In the last week, the bearish outlook in the cryptocurrency market was fueled mainly by FUD, thus continued sell-offs, presumably from newer market participants.
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Bitcoin’s price bounced back above $38,000 within the last 24 hours, supported by some buying volume, and the price is just bouncing back from the oversold levels on the…
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The market might continue to experience some more price recovery if supported by more buying volume, especially by strong hands, and favorable news, contrary to what happened a…
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