Market Cap: $2,684,739,922,049
24h Vol: $86,906,388,276
Cryptocurrencies: 30359
Markets: 109462
Cryptocurrencies: 30359
Markets: 109462
Market Cap: $2,684,739,922,049     
24h Vol: $86,906,388,276
Cryptela — Cryptocurrency News and Market Intelligence
Seeking Alpha 2021-02-07 19:09:58

Bitcoin - Consolidation Brings New Opportunities

Bitcoin - Consolidation Brings New Opportunities
Since a few weeks bitcoin is consolidating between US$29,000 and US$40,000.Technically, this looks like a consolidation before the rally will continue.However, you need to understand that Bitcoin will have multiple 30-40% pullbacks on the way higher.But Bitcoin is outperforming all other asset classes quite significantly.And since Ethereum is trading at new all-time highs its now time for an alt coin season.
Advertise on Cryptela
Latest News

Videos

  • Top 5 Crypto Exchanges 2022: Best Crypto Exchanges to Work With!

  • Hardware vs Software Wallets: Which One is Better for You?

  • What are NFTs? How will it change the way we use things? Simply Explained!

  • Dogecoin: What is Dogecoin? EXPLAINED!