BTC retests $61,200 as bullish sentiment puts bulls on brink of another breakout. Bitcoin (BTC) price has touched highs of $61,199 in intraday trades as bulls look to strike a new all-time high. This follows Bitcoin’s highest weekly close of $59,985, which could be the foundation for an extended upside that takes the benchmark cryptocurrency beyond $62k. Last week BTC gained … [Read more...] about Bitcoin poised above $60K as Coinbase IPO strengthens bullish outlook
Bullish
VC funds bullish on crypto, increase investment in blockchain startups
Venture capital funding for crypto and blockchain startups looks set to break records in 2021. As previously reported by Cointelegraph, crypto firms received more funding in the first quarter of 2021 than the whole of 2020.Indeed, three companies in the market attracted $1.1 billion from backers in Q1 202 — a third of the total funding for crypto and blockchain firms reported … [Read more...] about VC funds bullish on crypto, increase investment in blockchain startups
Bitcoin (BTC) set for bullish breakout with squeezed Bollinger Bands
BTC/USD could soar to $59,500, with further gains likely to push prices to a new high near $62k, John Bollinger says Bitcoin is trading near $57,900 as bulls attempt to push prices higher amid selling pressure. The top cryptocurrency is up just 1.24% over the past 24 hours and remains 3.5% in the red week-on-week. Despite the struggle and formation of a bearish trend line, one … [Read more...] about Bitcoin (BTC) set for bullish breakout with squeezed Bollinger Bands
Bullish traders cast low-risk Ethereum options bets with this clever strategy
Ether (ETH) has been making higher lows throughout 2021, and the current trend indicates that $1,800 might be the bottom for April. Even traders and investors who do not rely on technicals have become optimists after Visa initiated a pilot to settle transactions in USD Coin (USDC) through the Ethereum network.Ether price in USD at Coinbase. Source: TradingViewGiven that Ether's … [Read more...] about Bullish traders cast low-risk Ethereum options bets with this clever strategy
Bitcoin reclaims $58k as bulls eye historically bullish April
BTC price could rally higher in April and record new highs above $60k Bitcoin has jumped above $58k after holding off sellers near $57,700, with analysts suggesting BTC/USD could rally much higher in April. A positive price movement now suggests a higher monthly close could see investors head into historically bullish April with targets much higher than the all-time high of … [Read more...] about Bitcoin reclaims $58k as bulls eye historically bullish April