Bitcoin Recaptures the 50-day MA as Twitter Sentiment Turns Bullish

Bitcoin seems to have recaptured the 50-day moving average as support Bitcoin is now firmly above the $34k price area, trading at the $34,720 at the time of writing Bitcoin’s weekly close tonight will provide more information as to whether its bullish trajectory can be sustained Twitter sentiment surrounding Bitcoin has returned to bullish territory and could have entered a slight FOMO phase Bitcoin (BTC) has continued on its bullish climb for a fifth straight day after the local low of $29,278 set on Tuesday, July 20th. The King of…

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Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether

A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream Cryptocurrencies Amy Arnott, a cryptocurrency-focused portfolio strategist at Morningstar, shared her views on crypto regulation, ether, and cardano in an interview with the Insider last week. Noting that since many cryptocurrencies are not cash-generating, Arnott said it is difficult to determine a suitable price for them. However, she explained that ether has an in-built…

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Future Of Bitcoin in the Coming Decade

When Bitcoin first arrived in 2009, through the hands of a pseudo personality named Satoshi Nakamoto, it took the market by storm. People, especially investors, started speculating about a new cryptocurrency that landed in the market. The limited availability of 21 million also raised a few eyebrows. Slowly people began taking a chance, and investors started allotting some of their assets with incredible platforms like Bitiq. Bitcoin emerged as the decade’s most famous cryptocurrency worldwide, with numerous people craving to get their hands on at least one coin. As of…

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BTC gains 15% in 3 hours amid tight squeeze

Bitcoin has quickly surged to test resistance at $40,000 for the first time this month. The price of Bitcoin has surged more than 10% over just a few hours earlier today, with prices quickly surging from roughly $35,000 to tag just shy of $40,000 on July 26. Price action shows a violent short squeeze that occurred as prices broke above $35,000, with bullish momentum suddenly accelerating as prices quickly rallied 15% from roughly $34,000 to $39,800 over the course of fewer than three hours. And folks, we have our squeeze.…

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