Bitcoin Hits Record High in Argentine Pesos Amid Economic Woes
Bitcoin (BTC) has reached an all-time high price in Argentine pesos, as the local currency suffers from high inflation and capital controls. The peso (ARS) has been dogged by inflation in recent years. This has intensified recently, with inflation now topping the 100% mark. BTC’s popularity, meanwhile, is on the rise in Argentina. Currently, 1 […]
Bitcoin Price Action Tanks as Goldilocks’ Dream Scatters
The price of Bitcoin takes back some of the gains it made earlier this week. Today, the price of BTC fell again because Apple, Meta, and Amazon didn’t meet investors’ expectations. As the Fed and midterm elections come into focus as risk events, you can expect the dollar to get stronger. The price of Bitcoin […]
Bitcoin Price Loses Steam At $20,500
If bulls don’t keep the price above $19,500, Bitcoin could fall back to its range below $19,500. After a few weeks of stability, the trend for cryptocurrency was to go up. This made a lot of people feel good about the market, but hopefully, people might have been too quick to say they would make […]
Bitcoin Technical Indicator Signals Big Move
One expert said that options are getting more expensive and that some traders are getting ready to “sell volatility,” which means that now is the time to sell volatility. Soon, Bitcoin (BTC) traders will get what they love most: a volatile market. That’s the signal from a technical indicator called Bollinger bandwidth, which is used […]
Bitcoin is like penny stocks, says Wolf of Wall Street
In 2017, Belfort said that he “hated” cryptocurrencies like Bitcoin because of the market’s prevalence of fraud. In an interview with Yahoo Finance on August 27, Jordan Belfort , the person who served as the inspiration for the critically acclaimed film The Wolf of Wall Street, acknowledged that his prediction that the price of Bitcoin […]