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Analysis A growing number of business leaders and celebrities — e.g., Elon Musk, Jack Dorsey, Alex Ohanian and, most recently, Ricardo Salinas — have added the Bitcoin hashtag to their Twitter biographies. It hasn’t gone unnoticed. When Elon Musk added #Bitcoin to his bio in late January, Bitcoin soared by 20%. If indeed a succession of billionaires and tech moguls have taken the Bitcoin pledge — whatever that might entail — what is their motivation? Are they trying to manipulate the market, for instance — or promote their brand? Could they be just looking to pull the collectiv...

Market Update On Jan. 29 Bitcoin (BTC) price briefly rallied to $38,500 before retracing the move and spending the majority of the day struggling to reclaim $35,000.  The wild breakout in Bitcoin price has partially been attributed to Elon Musk changing his Twitter profile to simply “#Bitcoin,” which Musk subsequently followed up with a cryptic tweet saying “In retrospect, it was inevitable.” Dogecoin (DOGE) also continued to make waves across Twitter and with crypto traders. After reaching a new all-time high at $0.078 on Jan. 28, DOGE price corrected by 41% before rebounding to t...

Bitcoin (BTC) Price Prediction: BTC/USD Regains Bullish Momentum, Attempts to Breach the $34,500 Resistance Bitcoin (BTC) Price Prediction – January 29, 2021 Since January 22, BTC/USD price first broke the $30,000 support and pulled back. For the past week, the crypto has been fluctuating between $30,000 and $34,000. There has been no significant price movement as the range-bound levels are yet to be broken. Resistance Levels: $45,000, $46,000, $47,000 Support Levels: $35,000, $34,000, $33,000 BTC/USD – Daily Chart Today, the BTC price is falling after retesting the $34,000 resistance lev...

Bitcoin has lost nearly $200 billion in market cap in just three weeks, as the token slips below $30,000 wdaniel@businessinsider.com (Will Daniel) Bitcoin briefly fell below $30,000 on Wednesday for the first time since January 2. The cryptocurrency has lost nearly $200 billion in market value over the past three weeks. With the US Federal Reserve meeting set for Wednesday afternoon, bitcoin investors are watching carefully. Popular Searches Soon after the fall, bulls pushed the token back over $30,000, but the battle is on at the important resistance level. Bitcoin has shed n...

Bitcoin NVT Data Shows There’s More Explosive Move Ahead For Bitcoin Last Updated: 10 January 2021 Market sentiments surrounding the recent Bitcoin Bull Run is one of unpredictability, as some experts are expecting more Bitcoin contraction while few others think Bitcoin’s bull run will continue. But one popular metric is supporting a further increase in Bitcoin prices. The report from Stack Funds has hinted that the recent Bitcoin Bull Run may not be over yet, adding that the top cryptocurrency still has enough space to go up in the coming weeks. Stack Funds released its latest data that...