Fundamental view: Bitcoin has reversed all the gains from the previous week and retreated below $18,000 amid the deepest weekly decline since the end of August. Although the cryptocurrency ecosystem is currently characterized by unnecessary factions, as different projects claim superiority over another, statistics present a strong argument that there is room big enough for all [...]
Fundamental view: Bitcoin has been one of the best assets this year despite the coronavirus pandemic. After hitting a low of $4,000 on many exchanges in March, the flagship cryptocurrency is currently trading at $19,000 and aiming for new all-time highs. Bitcoin's move to the new all-time high was followed by massive profit-taking triggered a [...]
Fundamental view: Bitcoin fell in the last week but will show a positive trend in the coming week. Bitcoin seems to be getting a lot more attention from institutional investors than the retail sector. The quantitative easing policies being implemented worldwide to contain the impact of the pandemic could be one of the main reasons [...]
Fundamental view: Bitcoin moved up in the last week. Bitcoin has lived through the best week since February 2018. The pioneer digital currency price gained over $2,000 in less than seven days. Bitcoin was influenced by the same old stories like institutional investments, inflation hedge, and a store of value in the view of the imminent [...]
