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…
Bitcoin has set a new low for 2018, and is now inching closer and closer to BitMEX CEO Arthur Hayes’ prediction that Bitcoin will reach $5,000. BitMEX CEO Called for Bitcoin to Test $5K Support, Nails Prediction Outspoken CEO and co-founder of popular margin-trading platform BitMEX has made a number of predictions about Bitcoin’s price…
The arguments for a big market correction are gaining strength. As Bitcoin approaches another heavy resistance barrier buying pressure is likely to diminish as previous charts have shown. If and how far it will fall remains the big question this week. Bitcoin Approaching 50 Week MA When Bitcoin broke through the 200 day moving average…
If you ignore all the fundamental and infrastructure developments of 2018 and focus on price alone, 2018 looks like one of the worst for the number one digital asset. The Bitcoin price began the year at close to $14,000, having just started to crash from its recently set all-time high. Fast forward twelve months and…
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…
Bitcoin started 2020 in fine form. The BTC price opened the year at around $7,185 and, at the time of writing, sits just shy of $8,900.With the leading crypto asset posting consistent gains so far this year, a sense of bullishness has returned to the industry. The quadrennial Bitcoin halving and its potential impact on…
Bitcoin price predictions are always hot topics, even more so when they are made by industry heavyweights and huge firms. There have been a few of them over the past week or so and the figures are not small. $150k Bitcoin From Tom Lee Fundstrat Global Advisors LLC’s Tom Lee is still of the opinion…
The “Prophecy of Asuka” has earned meme-status across the cryptocurrency community, with many calling it a farce, while others put a lot of weight in its validity. After Bitcoin’s recent bearish trend, the crypto community had all but given up on the “prophecy.” But last weekend’s massive green candle and historic price surge in Bitcoin,…
The Bitcoin Performance Since Difficulty Bottom chart shows the formation of a cup pattern peaking in spring 2021. This price prediction tool puts Bitcoin at an astonishing $400k by then.#bitcoin $10k … it's getting really interesting now pic.twitter.com/jocvo3sluD— PlanB (@100trillionUSD) February 18, 2020Bitcoin Performance Since Difficulty Bottom ChartFollowing the weekend dip that spilled into Monday,…
John McAfee, the eccentric crypto promoter and iconic cybersecurity expert, made a bold prediction years back that Bitcoin would reach $1 million per BTC by the end of the year of 2020.Now that the year is upon us, and Bitcoin price is experiencing a case of price impotence, McAfee is now backtracking on his infamous…