⁠Stocks, Exchanges and COVID-19: 5 Things to Watch in Bitcoin This Week

Worries over a second wave of coronavirus are driving stocks down, with Bitcoin circling three-week price lows.

https://ct.com/8o9m

⁠After New Bearish Weekly Candle, Traders Fear for Scary Pullback to $7,000

Traders say the price of Bitcoin may drop to the $7,000s after the weekly candle closes below $9,400.

https://ct.com/8o9o

⁠Price Analysis 6/15: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, CRO, ADA

Recent surges in open interest on Bitcoin and Ethereum options contracts suggests institutional players are continuing to build positions in the top two cryptocurrencies.

https://ct.com/8oc3

⁠Bitcoin Price Drop to $8.9K Caused by Whales Selling at Major Exchanges

Selling by Bitcoin whales dropped BTC reserves at major exchanges and triggered today’s sell-off to $8,900.

https://ct.com/8oco

⁠$930M in Bitcoin Options Expire Next Friday — Time to Worry?

Open interest on Bitcoin options contracts expiring next Friday amounts to $930 million, but what price action should be expected?

https://ct.com/8ody

⁠Bitcoin Price Retakes $9.5K as Analyst Says $12K Breakout May Be Next

A strong correlation with stock market movements still leaves room for Bitcoin to test five figures, says trader Michaël van de Poppe.

https://ct.com/8oe6

⁠$300 ETH? Ethereum Looks to Be Next Major Crypto to Follow Cardano

Ethereum price is set for a major breakout and hitting as high as $330 next shouldn’t be ruled out.

https://ct.com/8oga

⁠Bitcoin Difficulty Sees Two-Year Record Surge as Hash Rate Mimics 2017

A giant 14.95% advance makes analysts confident as miners appear to balance increased costs to retain profitability.

https://ct.com/8oiw

⁠Bitcoin Whales Sell Bitcoin on Quiet Exchanges for ‘Attention,’ Says Analyst

Exchanges’ fund flow ratio casts the spotlight on whale behavior after selling pressure sends BTC/USD below $9,000.

https://ct.com/8oju

⁠Price Analysis 6/17: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO

Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC.

https://ct.com/8olq

⁠BTC Investors Bullish Even as Bitcoin Price is Below $10K — On-Chain Data

Bitcoin price is pinned below $10K but on-chain data and market correlations show investors remain bullish.

https://ct.com/8omo

⁠Bitcoin S&P 500 Correlation Means It Should Cost $18K, Says Analyst

Heavy correlation to the S&P 500 means that BTC/USD should be more like $18,000 unless the market falls, says the stock-to-flow creator.

https://ct.com/8ood

⁠VeChain (VET), Zilliqa (ZIL) Target Key Resistance Level to Resume Rally

After strong rallies VeChain and Zilliqa are expected to move higher after key resistance levels are cleared.

https://ct.com/8or0

⁠Bitcoin Bears Struggle at the $9,270 Support — What Happens If It Breaks?

Bitcoin price needs to hold $9,270 to avoid dropping to the $8,000 range again.

https://ct.com/8orn

⁠Hedge Funds, Retail Investors Bought the Dip — Kraken CEO Jesse Powell

Kraken CEO Jesse Powell says the exchange saw a “massive influx” of hedge fund and retail investors as Bitcoin price dropped below $4,000 on March 12.

https://ct.com/8osg

⁠2 Classic Bitcoin Metrics Flash Bullish Despite $9K BTC Price at Risk

The Puell Multiple and Mayer Multiple have reached the ideal zones for long-term investment gains from Bitcoin.

https://ct.com/8otz