Amidst gold rush, Bitcoin stations below $12k

Bullish sentiment prevails even though the king of crypto had failed to the $12k level. According to analysts, over 50% of traders maintain the hope of a long and prosperous run for the cryptocurrency. Fundamentals-based interpretation also corroborates this narrative.  

The positive outlook, however, is not shared by all traders. Over the past week, the coin has closed in the $500 - 900 range of the $11,000. The sideways action might be a consequence of the staggering results of Gold from over All-time highs. 



User Avatar


Crypto Parrot Community Mgr - Here to help answer questions, fix things & help out when needed. Got feedback? Send those bad boys here: [email protected]

Related articles

Twitter and Bitcoin: A match made in crypto heaven? 

Can Twitter become part of the blockchain revolution and play its part in revolutionizing social media security?…

2mins 29 Sep, 2020 CryptoParrot
BTC Whales and Bulls on the move

After what some traders might consider a lackluster week, Bitcoin has made the headlines,.…

2mins 25 Sep, 2020 CryptoParrot
Are we edging closer to mass adoption?

Crypto growth across Africa paving the way to new regulations.…

2mins 24 Sep, 2020 CryptoParrot
Who is Kingpin?

Amid crisis, Cryptocurrency is beating Gold as 2020 top asset…

2mins 23 Sep, 2020 CryptoParrot
Start trading

Trade and invest in cryptocurrencies, stocks, ETFs, currencies, indices and commodities or copy leading investors on eToro's disruptive trading platform.

Learn more



Login to comment