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Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market

Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market

According to a Bitcoin analyst, PlanB, creator of one of the most accurate Bitcoin price models, on April 7, 2020, claimed that Bitcoin Futures do not affect the price of Bitcoin in the spot market. In his tweet, he said that Bitcoin prices stayed within the S2F bands even when Bitcoin was at its all-time-high (ATH) in December 2017 which many people claim was suppressed by the introduction of Bitcoin Futures in Chicago Mercantile Exchange (CME) in 2017.

Bitcoin Price Fundamentals Show Bullish Divergence, Ethereum to Follow Closely

Bitcoin Price Fundamentals Show Bullish Divergence, Ethereum to Follow Closely

Bitcoin’s hashrate also reached a new all-time high this week, with the average hashrate surpassing 140EH/S.

Understanding the Market Structure of Oil and its Correlation with Bitcoin

Understanding the Market Structure of Oil and its Correlation with Bitcoin

The price of crude oil dropped below zero for the first time in history. With storage facilities filled to the brim and settlement of May futures contract on Tuesday, the price movement has shocked many. In this analysis, we study the recent history of oil, what drives it price and how it affects Bitcoin.

Bitcoin Price Breaks $18,000 and May Plunge Even Further

Bitcoin Price Breaks $18,000 and May Plunge Even Further

Since the Bitcoin price broke the symmetrical triangle and plunged yesterday, the downtrend potential is high.

Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery

Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery

In an investor letter, Dan Morehead Pantera Capital CEO explained why the current market environment could be a boom for Bitcoin as investors seek new opportunities.

Chainlink Price Could be Trading at Under $0.01 if This Happens—Is LINK Overvalued?

Chainlink Price Could be Trading at Under $0.01 if This Happens—Is LINK Overvalued?

Chainlink’s (LINK) price has consolidated to $12.28 at press time. Although LINK has seen a considerable recovery, analysts have not been very bullish.

Bitcoin Price Needs to Stay Above This Support Level in Order to Hit a New All-Time High as Whales Decline

Bitcoin Price Needs to Stay Above This Support Level in Order to Hit a New All-Time High as Whales Decline

Cryptocurrency analytics firm Santiment noted that the number of Bitcoin wallets with different amounts of holdings have seen a change this month.

XRP Money Flows Into Bitcoin Fueling Parabolic Christmas Price Surge, Is $30,000 BTC Price Next?

XRP Money Flows Into Bitcoin Fueling Parabolic Christmas Price Surge, Is $30,000 BTC Price Next?

Bitcoin (BTC) price has been on a parabolic bull run since the lead up to Christmas, adding over 50% to its value. But what is driving the price and is $30,000 next?

Bitcoin Set to Recover From the Coronavirus Pandemic-Triggered Global Financial Crisis?

Bitcoin Set to Recover From the Coronavirus Pandemic-Triggered Global Financial Crisis?

The price of Bitcoin has seen a decline of 8 percent from the start of this year until early April, and 90% of Finder’s survey panel believe is caused by the coronavirus pandemic. Although COVID-19 made up for most of the explanation for the dip, many believe that the Plus Token scam also had an impact.

Bitcoin and Ethereum are Risking a Second Price Dip

Bitcoin and Ethereum are Risking a Second Price Dip

Reasons why both Bitcoin and Ethereum are at risk of a second price dip this week.

Reasons Why the Bitcoin Price will Plunge Soon

Reasons Why the Bitcoin Price will Plunge Soon

Why the Bitcoin price could plunge soon? Reasons include technical analysis, DeFi hype collapse, US Dollar index and gold price correlation, and economic conditions

Bitcoin Options Expiry Might Form New Support for a Bullish Price Surge

Bitcoin Options Expiry Might Form New Support for a Bullish Price Surge

Expiring Bitcoin options may be a springboard for a new price discovery.

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