Bitcoin Price Analysis: Three factors why BTC is going to surge
Bitcoin (BTC) jumped above $11,000 at the end of the previous week and stopped within a whisker of a local resistance created by $11,500. At the time of writing, BTC/USD is changing hands at $11,350, mostly unchanged both on a day-to-day basis and since the beginning of Monday. The pioneer digital currency gained over 6% in the last seven days. However, it is still below the 2020 high. Read More ...
Chainlink Price Forecast: LINK must break through this resistance for the ultimate rally to $13
Chainlink recently embarked on its upward trend following a period of continued downward price action. Support established at $7.2 assisted buyers to regain balance and control of the price. A reversal from the first week of October has seen the decentralized oracle token step above several key levels like $9, $10 and $11. In the meantime, LINK/USD is doddering slightly above $11 amid a developing bullish momentum. Read more ...
Monero and ZCash celebrate the Department's of Justice failure to crack their encryption
The privacy-oriented coins Monero (XMR) and ZCash (ZEC) experienced a strong rally during the weekend. They continued gaining ground on Monday as the market is discussing their hack-proof encryption. Read more ...
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BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
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Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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