Tag: Dip

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Bitcoin Explosion is Near, Shows Clear Connection With 2017 BullRun

Despite the fact that Bitcoin (BTC) has fallen below $60,000, the price movement has been consistent with the 2017 bull run. In light of the most recent data comparing the current Bitcoin halving cycle to the previous one, it is clear that 2017 and 2021 are quite comparable. Bitcoin has a lot of connections with the year 2017. Bitcoin has had ups and downs this year, but as Cointelegraph pointed out, the BTC/USD fractal has remained relatively identical to that of the previous year. A new study comes to the same conclusion as the last one — and for those concerned about the $58,000 cut scheduled on October 27, this is nothing new. Surprisingly, the dates of price variations in September and October 2021 are nearly equal to the dates of price fluctuations in the previous year.  An "explosion" in the cryptocurrency market is projected for 2022 by Smart Crypto, a famous Twitter account that noticed the pattern. In accordance with Fibonacci sequences, if the remainder of the quarter follows the same timeline as the previous four years, the value...

$100k Bitcoin Still in Play – Experts Remains bullish On Bitcoin

Highlights Valkyrie's Bitcoin futures exchange-traded fund (ETF) made its debut on the New York Stock Exchange late last week, after Proshares' market launch. Although...