News list for " reports that bitcoin is on the rise"

Bitfinex report: Bitcoin is expected to enter a period of consolidation or a minor correction

The latest report from Bitfinex Alpha says that Bitcoin is on a roll. Despite a brief pullback in the middle of the week and some strong resistance, it still broke through the $70,000 mark on Bitfinex today (July 29). Bitcoin has rebounded by more than 30% since its low on July 5, which had previously been predicted to be a partial bottom. This upward momentum coincides with the Bitcoin Nashville conference in 2024. Implied volatility in the Bitcoin options market also surged initially, but as t...

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2024-07-29 12:51:17
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