FlowBank

1030 days ago

Is Bitcoin about to fall down to $20,000?

This bad week for Bitcoin could be the precursor for even more disappointment to come, according to crypto analysts closely watching the recent selloff. Bitcoin has dropped about 7% this week and was trading at about $34,000 as of 8 am in London. If it does come to the $30,000 price point, some argue that it could trigger even more selloffs, bringing its value down to the $20 thousands. However, others are still bullish on its long term value and keep buying. 

Is Bitcoin about to fall down to $20,000?

1031 days ago

Bitcoin cooling off continues with YTD return falling below traditional assets

Bitcoin slumped to a two-week low with the token falling almost 7% today. The wider crypto index fell by 10%. The crypto saw a selloff fueled by Elon Musk's public rebuke of the asset and Chinese regulatory oversight of BTC soured the mood. 

1032 days ago

Bitcoin volumes took a nosedive

While this chart may seem impressive, as the dive is quite a difference, note nevertheless that the volume is almost on par with March volume, which remain at a very high level compared to previous years. 

Bitcoin volumes took a nosedive

1035 days ago

Elon Musk tweets breakup meme and Bitcoin drops

Tesla CEO Elon Musk tweeted a meme about a couple breaking up, adding the hashtag #Bitcoin and a broken heart emoji. Bitcoin fell nearly 6% to a price of $36,432 at around 3 a.m. ET Friday, according to data from Coin Metrics.

1036 days ago

AMC believers had to go through 7 corrections since January

You had to be a strong believer in the meme stocks to have the guts to hold your position during 5 months of uncertainty. 

AMC believers had to go through 7 corrections since January
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