Bitcoin [BTC] Price Analysis: Steady above $11,000 as Confidence Builds
The Bitcoin price performance has been nothing short of impressive. Soaring past $9,500 and maintaining prices above $10,500, the crypto scene is upbeat.
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
The Bitcoin price performance has been nothing short of impressive. Soaring past $9,500 and maintaining prices above $10,500, the crypto scene is upbeat.
The Ethereum price is one of the top performers in the last week of trading. In only days, ETH prices soared, cleared important resistance zones, and
It was only last year when it was apparent that Rippleāthrough xRapid (now On-Demand Liquidity), Visa, and SWIFT will fight it out to offer clients the
The aim of Bitcoin is to by-pass the middleman (traditional financial institutions), and to devolve power back to the ordinary end user; often at the base
There is a concerning disconnect. That of improper valuation, perhaps given the widening gap between Ethereumās tokens and the Ethereum protocolās overall valuation. It was last
Speaking during the Chamber of Digital Commerceās Parallel Summit on July 17, 2020, Brad Garlinghouse, the CEO of Ripple, expressed his admiration for China saying it
There was Bitcoin, first, then came Twitter. The 2017 galactic rise to $20,000 bred a vicious community. It comprise loyalist who may or may not be
While the Ethereum price disappointedly fails to breach $250, DeFi continues to rise and hog attention. There are millions of dollars already locked in several protocolsābroadly
The Ripple price is on its usual gyrations but whatās solid–even from a neutralās perspective, are the projectās solid fundamentals. There are understandable ups and downs,
The Bitcoin price has been on its yoyo. It may be tumultuous for traders but fact is, the failure of buyers to once again breach $10,000
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