Despite having more followers than any cryptocurrency CEO, Twitter’s reaction to Sun’s pre-acquisition announcement was skeptical at best. To find out why Justin Sun’s engagement rate doesn’t match up with his follower count, read: Continue reading Justin Sun’s Announcement Has Traders Worried About Huge Price Drop
Tag Archives: Traders
A Generational Bottom May Be in For Bitcoin at $6,500 as Traders Expect Big Rally
Subsequent to an intense short squeeze on Dec. 18, traders are anticipating an extended bull run as BTC looks to test higher resistance levels. Peter Brandt, a prominent trader and best-selling author, said that bitcoin defended an important support level. Continue reading A Generational Bottom May Be in For Bitcoin at $6,500 as Traders Expect Big Rally
Traders Explain Why You Should Be Long-Term Bullish on Bitcoin
Bitcoin’s price has corrected by as much as 53% from the 2019 high of $13,880. Investor sentiment has turned extremely bearish. A few weeks ago, the idea of bitcoin trading at $5,000 was unthinkable. Today, many are calling for $5,000 to be the bottom of this downtrend. Continue reading Traders Explain Why You Should Be Long-Term Bullish on Bitcoin