Bitcoin Acts as Safe Haven Asset During US-Iran Tensions
Safe-haven assets like gold appreciate in response to global conflicts and tensions, but Bitcoin was not seriously considered such an asset until the latest US-Iran tensions highlighted an interesting price trend. On January 3, 2020, when a US drone strike killed a...
Bitcoin Price Awaits Market Catalyst; Long Term Prospects Remain Bullish
Bitcoin has entered another tight consolidation pattern after falling from its late-October surge, at the back of Chinese-media hype. As we indicated earlier, the speculation fueled rise was not sustainable and resulted in the price dropping below the $9,000 and...
Bitcoin (BTC) Price Tests Key Support Again, As Indicated by our Technical Analysis
Bitcoin’s price movements continue to represent overall market sentiment and direction. Over the last two months, BitBull Capital’s analysis indicated that BTC prices were likely to remain depressed and any relief would be temporary. In the near term, we believe...
Market Update: Bitcoin Surges, Bakkt Gains Momentum, ETF Rejected and ETH Recognized as Commodity
It’s been an eventful week for crypto so far, starting with Bitcoin’s modest, but positive price recovery after the major drop last week. Monday saw BTC price bounce off the support at $7,750 and cross $8,300 before taking a breather and resuming the uptrend on...- Bitcoin Ends April up 35% Ahead of Supply TighteningMay 6, 2020
- Bitcoin Acts as Safe Haven Asset During US-Iran Tension…January 10, 2020
