Blockchains | Cryptocurrencies | Web3 Resource logo Blockchains | Cryptocurrencies | Web3 Resource logo
Ethereum World News 2021-01-13 12:37:48

Bitcoin’s $30k – $32k Level Should Hold due to Institutional Investors

Quick take: CryptoQuant CEO forecasts that $30k – $32k should hold because most institutional investors bought Bitcoin around these levels He cites the January 2nd outflow from Coinbase when BTC was around this price area However, he cautions that his analysis is a ‘speculative guess’ Bitcoin’s recent crash was most likely accelerated by Coinbase going down The CEO of CryptoQuant, Ki Young Ju, has shared his analysis that points to Bitcoin finding solid support around the $30k – $32k price […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer