Market Cap: $3,363,512,843,742
24h Vol: $68,523,822,230
Cryptocurrencies: 26585
Markets: 104250
Cryptocurrencies: 26585
Markets: 104250
Market Cap: $3,363,512,843,742     
24h Vol: $68,523,822,230
Seeking Alpha 2021-01-26 16:32:57

Bitcoin pulls back below $32,000

Bitcoin pulls back below $32,000
Bitcoin (BTC-USD) -7% is sliding back below $32K, continuing its decline for the week.The crypto is now nearly 30% below its peak hit on Jan. 8.Cryptocurrency exchange Luno and brokerage OSL argued yesterday that Bitcoin could top $50K in the long term as it vies with gold (XAUUSD:CUR) -0.1% for cash inflows.The endowments of Harvard, Yale and Brown have been buying Bitcoin directly for at least a year, CoinDesk reports.In his Elliott Wave analysis of Bitcoin yesterday, Ryan Wilday wrote "Bitcoin must hold over $20,300 or the B wave top is in play. Should it trigger, we'll watch for a C wave down to the $3K-$10K region." But he is predicting a rise to $150K.
esptco-banner img
Latest News

Videos

  • Cardano: What is Cardano (ADA)? Explained!

  • Bitcoin OR Altcoins: Which Is Best? Easy Explanation!

  • Top 5 Graphic Cards for Mining in 2022 : Discover the Best GPUs for Cryptocurrency!

  • A Beginner Guide to Web 3.0: Everything You Need to Know About Web 3.0!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire