It’s no secret the past few weeks have been tough for Bitcoin investors. The past month saw a number of horrors: over a billion dollars worth of BitMEX positions were liquidated during the flash crash on March 12th, the cryptocurrency slid 50%, and much more.But, prominent analysts are starting to come to the conclusion that…
Despite the crypto crash that transpired last month, emotions are running hot; leading investors think Bitcoin will near its $20,000 all-time high, established at the end of 2017, in the near future. Here’s why they’re so optimistic.Related Reading: King of the Hill: Top Crypto Investor Explains Why Altcoins Are Highly RiskyBitcoin Investors Think Price Will…
Like other markets, Bitcoin has been hard over the past few weeks. From the $10,500 high established in February, BTC has fallen by 41%, now trading at $6,200 as of the time of this article’s writing.Despite this downturn, a prominent macro analyst expects the cryptocurrency to soon rally above its previous all-time high.BTC Price to…
Bitcoin has been fairly unpredictable over the past few months.In December, when the cryptocurrency fell under $7,000, a majority of analysts were expecting a retracement to the $5,000s, citing the existence of the ever-important 200-week moving average. And at the top near $10,000 established in mid-February, half of Crypto Twitter was convinced BTC was set…
At long last, after weeks upon weeks of increasing prices, Bitcoin saw a strong correction on Saturday. Per previous reports from NewsBTC, Saturday morning saw the price of the leading cryptocurrency tank from $10,400 to a low of $9,700 (on some exchanges), a drop of nearly 7% in a few hours’ time.Despite this brutal crash,…
If you’ve been following Bitcoin over the past few years, you likely remember John McAfee’s crazy BTC price prediction. As the cryptocurrency market was blowing up in 2017, McAfee, the creator of the cybersecurity company that shares his name, posted the below tweet, claiming that he is betting that Bitcoin will hit $1 million by…
Over the holiday season, Bitcoin (BTC) has stalled in the low-$7,000s, finding itself stuck between a rock and a hard place. Although some say that this is indicative of an impending return to the $6,000s, then the $5,000s, a prominent cryptocurrency-centric fund manager has asserted that the leading cryptocurrency is poised to retake $9,000 within…
Bitcoin and other crypto assets haven’t done too hot over the past six months. Since peaking at $14,000 in June, the leading cryptocurrency, BTC, has lost some 50%, tumbling as bulls failed to keep the upward momentum, and as regulatory pressure and sell-side pressure from miners and the PlusToken scam hit the market.Despite this, one…
A big bullish weekend is usually followed by a red Monday for bitcoin and crypto markets but this has yet to materialize. BTC has continued to climb and is now back at its 2019 and fifteen month high again. Further gains are likely and if Bitcoin can repeat is previous six month’s performance big things…
There is no doubting that mood in surrounding Bitcoin and cryptocurrencies has lightened this month as markets finally moved off the bottom. Many analysts predicted a final capitulation down to $2,500 or lower but that seems like a distant memory now. Price predictions now are of a more positive nature and some see Bitcoin getting…