cryptocurrencies

Bitcoin Gains Ahead of $6B Options Expiry After Market Finds $50K Floor

BTC held support around $50K and is approaching resistance around $56K.

The stimulus checks are in the mail so it might be too early to call the hyped-up episode a dud.

The GSA's next BTC auction could fetch more than $300K, generating even more excitement among cryptocurrency investors.

For now, bitcoin continues to hold long-term trend support above $50,000, with lower support around $42,000.

BTC upside is limited, and could halve in twelve-month's time, according to Deutsche Bank survey.

The daily relative strength index (RSI) is back in neutral territory after reaching overbought levels earlier this month.

Tether is its "own worst enemy" and needs to be audited, according to co-founder William Quigley.

Bitcoin's uptrend continues to slow after breaking short-term support.

Crypto fund flows are slowing, which could suggest investor uncertainty about BTC's price.

BTC could peak by next June before entering a bear market, according to Chinese crypto miner Jiang Zhuoer.

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