Multiple analysts have repeatedly pointed to $120,000 as bitcoin’s BTC$105,496.25 price target this year. Recent developments have strengthened that bullish case, driven by four key factors: the spot price, central bank policy, energy market trend …
The calm in the oil market following the U.S. airstrike on Iran’s nuclear sites has dashed the forecasts of bears who predicted a slide in the price of bitcoin BTC$101,578.37. With this in mind, traders can look to the week’s major events that could …
This week’s main economic event comes on Friday when the U.S. government releases employment veri for May. Ahead of that though, were three fairly important veri points of their own on Wednesday, and all flashed unexpected weakness. First to hit was …
A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin. But those expecting bullish fireworks may be disappointed.