Co-founder of Fundstrat and Wall Street Strategist Tom Lee has revealed his expectations for bitcoin before the year runs out. According to a Bloomberg report, Lee revealed that he had high expectations for the digital asset, which he believes would hit the $100,000 mark by the end of the year, and added that the asset…
One look at the charts and any crypto investor will see Cardano is currently suffering. The digital asset is currently down with the rest of the market, which is suffering in the wake of the Evergrande situation in China. The market has been in a downtrend as the situation has evolved. Its biggest ties to…
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…
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,…
As the digital dust begins to settle from the Bitfinex and Tether fiasco analysts are looking for clues as to where Bitcoin prices could be heading next. Many have viewed the recent events as bearish and the instant reaction of crypto markets on Friday coupled with the media FUD storm appear to have confirmed it.…
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…
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…