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Stock-To-Flow Creator "Relieved" After Bitcoin Price Plummets Below Trajectory - Vimarsana News

Stock-To-Flow Creator "Relieved" After Bitcoin Price Plummets Below Trajectory

PlanB said he believed Bitcoin would not stop at $100,000, which it should hit this year. “Bitcoiners are often too bullish in the bull market, and too bearish in the bear market! I don’t think we supercycle this time either,”  podcast host Stephan Livera, responded to Ammous. Bitcoin price took a sharp dive below $50,000 | Source: BTCUSD on TradingView.com Sentiment And Market Indications Immediately the market dipped below $50k, notorious gold bug and crypto-skeptic, Peter Schiiff, was also quick to comment on the market action, poking fun at Bitcoin proponent Anthony Pompliano. He t...

Bitcoin Crashes Below $50,000 To Critical Support - Vimarsana News

Bitcoin Crashes Below $50,000 To Critical Support

by Tyler Durden Friday, Apr 23, 2021 - 07:45 AM After coming within inches of $65,000 last week, Bitcoin has suffered two significant 'liquidation' events and broke back below $50,000 overnight for the first time since March 8th... Source: Bloomberg Various factors were being pitched as the impetus for the latest round of price losses, these including CME futures now trading below spot price as bearishness enters, as well as a negative Coinbase premium. Bitcoin is down around 27% from its highs as traders were unsure if Biden's newly-leaked capital gains tax increases were a trigger for selli...