Bitcoin bears risk getting trapped if BTC price remains above $50K — Here’s why
Hash rate, supply shock and U.S. credit risk are likely the causes for the BTC rally.
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Hash rate, supply shock and U.S. credit risk are likely the causes for the BTC rally.
It’s a classic euphoria setup on Bitcoin markets Thursday as traders flip long BTC in ever larger numbers.
On paper, EOS has great fundamentals, but derivatives markets suggest traders don’t feel the same about the altcoin’s price potential.
The successful launch of the long-awaited Columbus-5 upgrade is just one of the factors in LUNA’s ascension to a new record high.
Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher.
BTC price broke out of its multi-month long range, securing a daily close above $50,000 and prompting traders to extend their short-term target to $56,000.
AXS wrested control of the 2021 bull market to become one of the top-performing tokens, and Cointelegraph’s Markets Pro indicators accurately tracked each step of the journey.