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MicroStrategy stock flips bullish with MSTR a Bitcoin ‘proxy’ for institutional investors

The bullish setup has appeared after MSTR's increasingly positive correlation with Bitcoin, the flagship cryptocurrency which has surged 339% year on year and is now struggling to close above $50,000.

Continue ReadingMicroStrategy stock flips bullish with MSTR a Bitcoin ‘proxy’ for institutional investors

Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range

The Ethereum blockchain's native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook.

Continue ReadingEthereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range

Plan B’s Stock-to-Flow Bitcoin Price Model ‘Predicts $100K by Christmas,’ S2F Creator Discusses ‘Time Model’

The pseudo-anonymous bitcoin analyst called Plan B gave his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) bitcoin price model. Plan B stressed on August 27, that the…

Continue ReadingPlan B’s Stock-to-Flow Bitcoin Price Model ‘Predicts $100K by Christmas,’ S2F Creator Discusses ‘Time Model’

Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data

Bitcoin bulls remain pressured under $50,000 in the week that would shed more light on the Federal Reserve's taper outlook based on non-farm payroll numbers.

Continue ReadingBitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data