Bitcoin’s Price Hovers Around $27,000 Amidst Short Squeeze
On September 29, Bitcoin (BTC) experienced price fluctuations, bouncing around the $27,000 level as it attempted to challenge the month's highest levels. Despite a short squeeze pushing it above $27,000, Bitcoin bulls failed to establish a new monthly peak. Bitcoin reached a high of $27,300 on Bi ...
Bitcoin’s Price Surges Above $26,000 in Short Squeeze Amid Derivative Unwinding
Bitcoin (BTC) experienced a significant surge during Asian trading hours, pushing its price back to nearly $26,000 after a recent decline that saw it hit three-month lows below $25,000. This uptick in price is attributed to a short squeeze, characterized by a rally driven by the unwinding of bearish ...
Raoul Pal Believes Bitcoin Could Reach $50,000 in a Year Amid US Economic Crisis
Raoul Pal, the former Goldman Sachs executive and CEO of Real Vision, is optimistic about Bitcoin's future despite the current banking and economic crisis in the US. In a recent interview with Morgan Creek Digital founder Anthony Pompliano, Pal expressed his belief that Bitcoin could reach $50,00 ...