JPMorgan Analysts Predict Bitcoin to Reach $45,000 due to Gold Price Rise
JPMorgan investment bank analysts led by senior strategist Nikolaos Panigirtsoglu believe that the rise in gold prices will also affect the bitcoin. In their opinion, BTC will reach $45,000. Nikolaos Panigirtzoglou's team stressed ...
Declining Correlation Between Bitcoin and Ethereum Indicates Diversification Opportunities in Cryptocurrency Portfolios
The correlation of rates of the two most popular cryptocurrencies has historically been at a high level, but the indicator has been falling for over two months and has almost reached 80%. This is the lowest level in a year and a half. ...
Bearish Signals for Bitcoin and BTCD Index Resistance Stumble
BTC is giving bearish signals Bitcoin's current technical analysis suggests a bearish trend as it breaks through the ascending upport line that has been present on the chart since the start of the year. This break may indicate a significant drawdown of BTC prices in the ne ...