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…
Fundstrat Global Advisors co-founder Tom Lee appeared on Fox News earlier today to talk to talk about traditional markets and cryptocurrency. It was not long before his famous “$25,000 by the end of 2018” Bitcoin price prediction was brought into question. Lee blamed the proliferation of the ICO fund-raising technique for the inaccuracy in his…
Another day, another price prediction. They are coming thick and fast at the moment as analysts and industry observers scramble to predict where the bottom will be. Some are more optimistic than others, but it is to be expected that JP Morgan is firmly on the pessimistic side of the fence. JP Morgan Predicts More…
Although the crypto markets are seeing a bout of volatility that has sent them spiraling downwards today, one notable critic of Bitcoin and cryptocurrency in general is now predicting that Bitcoin could hit $5,000 in the near future. The comments came about as the markets are seeing increased weakness after Bitcoin failed to stabilize above…
The co-founder of blockchain-based identity management platform CivicKey has weighed in about the current state of the cryptocurrency markets. Amongst other things, Vinny Lingham stated that he feels the Bitcoin price will retest the $3,000 level in the near future. The South American internet entrepreneur also explained how his own startup had managed to weather…
According to data from DailyFX, almost four out of five Bitcoin (BTC) investors remain long on the number one digital asset by market capitalisation. This analysis runs contrary to the price performance of Bitcoin over the last twelve months. The ratio of those investors who remain long on Bitcoin versus those short on the asset…