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This Expert Warns Bitcoin Might Be Heading For $22,000 Level

According to Patrick Heusser — head of trading at asset manager Crypto Finance —  Bitcoins (CRYPTO: BTC) fall below $30,000 is just the beginning of another major correction for the worlds top cryptocurrency. What Happened: According to Fortune, Heusser told the outlet that he is "expecting a strong dip towards $22.000" during a recent interview. The report follows Bitcoin falling below the $30,000 level earlier this week, for the first time since June 22. As of press time, Bitcoin is ...
Jeffrey Gundlach Patrick Heusser Billionaire Fund Crypto Finance Crypto Fear Greed Index

Bitcoin price analysis: A series of on-chain and technical factors brought BTC below $55,000

Analysts blame a combination of on-chain and technical factors for the dip. BTC is currently fighting to remain above $56,350. Bitcoin’s (BTC) price dipped 10% in just six hours due to a combination of negative on-chain and technical factors. What’s next for Bitcoin, and should you consider buying some BTC at the moment? Fundamental analysis: Overleveraged positions and lower institutional demand drive the price of BTC down Bitcoin’s strong move past $60,000 and the creation of a new all-...
Young Ju Patrick Heusser Crypto Finance இளம் ஜூ கிரிப்டோ நிதி
Source: invezz.com

Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts

Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term. Bitcoin prices for the last 24 hours. (CoinDesk 20) Updated Jan 22, 2021 at 2:44 p.m. UTC Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts Bitcoin’s shorter-term price woes are likely not over yet, analysts say, with one predicting a further decline to $26,000. The cryptocurrency fell by 13% on Thursday in a spot market sell-...
Jehan Chu Matthew Dibb Cryptoquant Coinbase Young Ju Patrick Heusser Digital Currency Group

After dizzying gyrations, what's bitcoin really worth?

Updated Jan 18, 2021 | 06:10 IST The virtual currency barrelled to new highs to rise more than 400 per cent over the past year, before promptly sliding some 20 per cent and then settling around $36,000 After dizzying gyrations, whats bitcoin really worth?&nbsp After the latest wild ride took the poster child of cryptocurrencies above $40,000 before a stomach-churning plunge, the million dollar question wont go away: how much is bitcoin actually worth? The virtual currency...
United Kingdom James Howells Philip Gradwell Patrick Heusser Jp Morgan Wall Street

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