news

bitcoin

1 X bitcoin bitcoin =

Thursday

04 March 2021

Bitcoin Drops After Record-Setting Rally; Is Bearish Bias Returning?

Bitcoin Drops After Record-Setting Rally; Is Bearish Bias Returning?


smart summary beta

Looking from a broader perspective, the pair appeared to have been testing an upward sloping trendline that acts as a price floor to a Rising Wedge pattern.

Tesla, MicroStrategy, Square, Stone Ridge Holdings, and many other corporate firms have added billions of dollars of combined Bitcoin worth to their balance sheets in the last few months.

Lilly added that investors have flocked into the Bitcoin market as a means to escape the falling US dollar market.

Goto Full Article

bitcoin bitcoin price

$48499.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.1)

Article Metadata

author

site

newsbtc
Market data feeds provided by cryptocompare.com
bitsmart 2021