At the moment, the cryptocurrency market is primarily concerned about when Bitcoin might bottom, and not when Bitcoin price will return to its previous all-time high of $20,000. Market sentiment is currently so low, any positive movement in Bitcoin price is normally rejected by bears hoping to buy the number one crypto later at lower…
There’s no denying that Bitcoin is at a critical junction in its young ten-year lifecycle as a financial instrument and emerging technology. After becoming a household name in 2017 during the media storm and bull run to an all-time high Bitcoin price of $20,000 per BTC, the leading cryptocurrency erased much of the gains it…
Ever since the mysterious Satoshi Nakamoto released Bitcoin into the wild, the world has been speculating over the first-ever crypto and its long term validity and value. While the current bear trend and over 84% decline in Bitcoin has crushed much of the enthusiasm the market saw during the 2017 parabolic advance and media blitz,…
Bitcoin’s recent bullish rally has helped the leading crypto asset return to mean after $6K support was penetrated by bears. Given its potential, it’s clear to see that Bitcoin is currently undervalued by most analyst’s standards. Bitcoin price predictions place the number one crypto by market cap in the hundreds of thousands, with some estimates…
The Bitcoin price has become relatively stable over the last few weeks. In fact, according to Buy Bitcoin Worldwide, the 30-day volatility index for BTC is now at 2.55% — the lowest since July. What does this drop in volatility mean for Bitcoin? Could it serve as a driver for further merchant adoption or is…
Traders, investors, and analysts are all watching Bitcoin price charts in hopes to better predict when the current crypto bear market ends and a new uptrend will resume. One particular crypto analyst believes that the Bitcoin price will continue to be squeezed tightly together until at least mid-year, as it consolidates between two important converging…
Founder and chief executive officer at Galaxy Digital, Mike Novogratz, recently appeared on Bloomberg TV to discuss crypto and Bitcoin. Acknowledging the crypto crash, he remains bullish and expects another rally to come soon. Bitcoin Will Become Digital Gold The main focus of the interview was the involvement of major institutions in the crypto space.…
There has been no shortage of price predictions for Bitcoin over the past couple of months. As the bears tighten their grip on crypto markets and the winter deepens it all appears to be doom and gloom. A Short Term Bounce For Bitcoin A ray of light broke through the winter clouds yesterday when crypto…
During Bitcoin’s widely publicized bull run of 2017 which sucked up retail investors into its massively inflated bubble, the price of the first ever crypto reached a peak of $20,000. Now that the bubble has popped and the market has entered a state of anger and despair, more people than ever are writing obituaries for…
After an extended period of sideways trading, Bitcoin (BTC) experienced a large downwards swing yesterday that caused the cryptocurrency to break below it previously established support level in the low-$3,500 region. Although this drop seemed significant, BTC has found support in the $3,400 region, and it is still holding steady well above its 2018 lows…