June 2021 - CryptoCaptain

Bearish Bitcoin Market To Be A Short-lived Phenomena As Positive Signals Prevails

2021-06-262021-06-25 by T. Okonkwo

With majority of the cryptocurrencies trading in red, this has been yet again another rollercoaster week for digital currencies. With Bitcoin down a steep 11.7% this week and currently trading beneath $34,000 despite negative fundamental news coming from China. BTC recovering having dipped to around $28,000 shows that demand remains strongly bullish. UN Perceives Blockchain …

Cleaner Energy To Help Revive Bitcoin Bull-Run?

2021-06-19 by T. Okonkwo

Yet another week of Bitcoin enacting it’s dominance in the crypto world having managed to pull a bit up above the $37k region but seem to be ending the week in the red in a week it attained a high of around $40k. Will cleaner energy boost adoption of Bitcoin? BTC/USD Weekly Chart. Source: Blockchain.com …

The Return of Bitcoin Bull Market: Will Governments Eventually Defeat Bitcoin?

2021-06-11 by T. Okonkwo

Bitcoin has continued to make moves to recover recent losses having reached a week high of $38,500. In a week that sees most altcoin failing to produce gains, Bitcoin dominance is booming. Will Government regulations make or mar Bitcoin? After falling to as low as $31,000 on Tuesday, Bitcoin started to reclaim its lost ground …

Bitcoin Market Analysts Divided Over Price Trajectory

2021-06-042021-06-04 by T. Okonkwo

Yet another choppy week of price action in the crypto sphere. With Bitcoin down by about 4.7% this week, having tested a resistance at $40,760 last week. Analyst remain divided over short and intermediate term trajectory of the cryptocurrency giant. Bloomberg Analyst: Bitcoin more likely to hit $100K than $20K in 2021 Bloomberg senior commodity …