Despite the current volatility of the crypto market, strong bullish sentiments still exist, especially for Bitcoin. A recent analysis by Bloomberg, which also gives insight to Ethereum’s near term performance, is calling $100,000 as the next key threshold for Bitcoin price. The analysis is supported by the fundamentals and growing adoption of Bitcoin in the
Crypto analyst Benjamin Cowen is outlining what’s in store for Ethereum (ETH) as the leading smart contract platform reclaims $3,000. In a new strategy session, Cowen tells his 707,000 YouTube subscribers that the second largest crypto asset has been trading in a range between $2,000 and $4,000 for almost a year. Considering the length of […]
The crypto market’s continuing sell-off has wiped out more than $1 trillion in value. The BTC price has also fallen below the $38000 support level, indicating that a further loss is likely in the coming session. BTC Price Action BTC is presently trading at $35344, up 1.5 percent from yesterday’s price. The coin’s price is …
Closely followed crypto analyst Benjamin Cowen has identified a potential floor price for Bitcoin as the flagship crypto tumbles over 50% from its all-time high. In a new interview on financial freedom YouTube channel InvestAnswers, Cowen says that $30,000 is acting as the pivotal price level for Bitcoin. “Clearly $30,000 is a big area as […]
A popular crypto analyst is looking at past Bitcoin (BTC) downtrends to plot out a potential recovery timeline for the ailing cryptocurrency. In a new strategy session, Benjamin Cowen tells his 695,000 YouTube subscribers that liquidation events with high volume have historically signaled that a support level has been found and Bitcoin can surge to […]
Crypto analyst Benjamin Cowen says a handful of factors could prevent Cardano (ADA) from kicking off a bull run right now. In a new YouTube update, Cowen tells his 692,000 subscribers that Bitcoin (BTC) is the “number one” limiting factor that could prohibit ADA’s price from surging higher. The analyst explains that BTC controls the health of the market […]
While ADA continues its downtrend, the Cardano network reached its 20 million transaction mark, and activity on the blockchain is seeing a steady increase. As reported by Reddit user Jem_Colley, Cardano broke the milestone all without seeing a single moment in downtime. Cardano’s blockchain has been up and running for 1,533 days, while some of […]