Description
It has been a tumultuous 24 hours for Bitcoin, which nearly dropped out of the $90K range as long-term holders took huge profits. But, it seems, primarily "long-term holders" in a technical sense, as the real veterans are as diamond-handed as ever. And for good reason, because it seems the recent correction has not done much damage to Bitcoin's odds of a $100K price tag before 2025. Outside of BTC, we look at Binance delisting five tokens and sending them tumbling, Brazil considering a Bitcoi...
The past 24 hours have not been pleasant for Bitcoin, seeing its value fall $5,000 over the course of the Nov. 25 daily candle as well as the biggest day of spot Bitcoin ETF outflows since the US election. The focus has shifted to the local floor and what will happen if the price drops below it....
Published 11/26/24
The weekend didn't bring the anticipated $100K price tag for Bitcoin. In fact, we saw a retracement as we neared the weekly close. This caused some heavy liquidations in the space, particularly with altcoins, but the dawn of a new week has (so far) returned us to that chase for the elusive...
Published 11/25/24