Predictions by opinion leaders and analysts on Bitcoin prices, industry development, and other events in the digital economy.
Traders wager $550m on bitcoin sliding to $70,000
Crypto traders expect bitcoin to fall further in March, amassing $550m worth of put options with a $70,000 strike, according to Amberdata, DLNews reports. Sean Dawson, head of research at the Derive platform, noted rising bearishness in an 11 March report. Almost 43% of contracts sold on the platform over 24 hours were puts, reflecting […]Bitcoin May Drop to $75,000 Due to EU Tariffs, Experts Warn
The implementation of EU retaliatory tariffs in response to US trade duties could trigger a decline in the leading cryptocurrency below $75,000, according to Cointelegraph. On March 12, President Donald Trump’s administration imposed a 25% tariff on steel and aluminum imports from most trading partners. In response, the European Commission announced the full reinstatement of […]Nansen Analyst Describes Bitcoin’s Path to $70,000 as ‘Organic’
A potential correction of Bitcoin to $70,000 could be an organic part of the current bull market, according to Nansen analyst Aurélie Barter, as reported by Cointelegraph. In her view, the leading cryptocurrency is moving within a broader macro trend. The next range is expected to be $71,000-$72,000, surpassing levels recorded before the U.S. elections […]We use cookies to improve the quality of our service.
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