In Bitcoin News Today, we zoom into the weekly and daily chart. The Bitcoin price breakout is starting. It seems that bulls and bears are fighting for who’s the strongest. In the bitcoin analysis, we discuss several patterns and show significant support and resistance zones. In today’s Ethereum Analysis we zoom into the weekly and daily chart. The Ethereum price is showing more bullish momentum. It’s still too early for Ethereum Price Prediction however, we see a bat-pattern or XABCD Pattern forming which indicates a bullish trend. Besides this, we can also spot a bullish flag pattern.
Goldman Sachs Hosting Bitcoin Call as Institutional Interest in Cryptocurrency Surges. As interest in cryptocurrency grows among institutional investors, global investment banks, like Goldman Sachs and JPMorgan Chase, are reexamining their views about bitcoin. Goldman Sachs held an investor call Wednesday to discuss current policies for bitcoin, gold, and inflation in the context of the COVID-19 crisis. The stalwart investment bank is still no fan of bitcoin or other cryptocurrencies.
Please comment below or shoot me an email for more Cryptocurrency news. Bitcoin price prediction is difficult at this moment. However, I expect the bitcoin price to remain very bullish long term.
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This is not financial advice. It is my own opinion and view on the markets.
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