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A $50,000 Bitcoin Rate; How Likely is a 13- Digit Market Cap?

A $50,000 Bitcoin Rate; How Likely is a 13- Digit Market Cap?

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…
This Bullish Bitcoin Sign Flashed 3 Times in 11 Years. It Simply Struck Again

This Bullish Bitcoin Sign Flashed 3 Times in 11 Years. It Simply Struck Again

The short-term bull market that Bitcoin has been caught within over the past couple of weeks has completely altered the sentiment amongst cryptocurrency investors for the better and has led to a strong sense of vitality amongst BTC bulls.The impacts of this 2020 uptrend have stretched beyond just shifting investor sentiment, as it also appears…
Are Bitcoin Cost Forecasts Assisting or Impeding Crypto?

Are Bitcoin Cost Forecasts Assisting or Impeding Crypto?

Over the years people have made some pretty spectacular price predictions for Bitcoin and other crypto assets. They range from the rampantly bullish to the suspiciously pessimistic.Do such price forecasts benefit the crypto industry? Do they help to spread awareness about Bitcoin or simply serve as bait for gullible investors?Bitcoin Price Predictions are Harmless Enough,…
The Case For Why $6,400 Wasn’t Bitcoin’s Regional Sag Bottom

The Case For Why $6,400 Wasn’t Bitcoin’s Regional Sag Bottom

The cryptocurrency community is currently exploding with exuberance, as Bitcoin may have broken out from its recent downtrend into a full-blown reversal, and the rest of the crypto space has seen altcoins going on hundred percent rallies reviving talk of a bull run once again.However, there are a number of similarities between the current rally…
Bitcoin Rate Might Rise To $50,000 By Mid-2021: Here’s Why

Bitcoin Rate Might Rise To $50,000 By Mid-2021: Here’s Why

Since Bitcoin (BTC) hit $20,000 for the first time in December 2017, analysts have been wondering when the cryptocurrency will break its next big price milestone next. The closest round-number milestone from $20,000 is arguably $40,000 or $50,000.Related Reading: Watch Out, This New Bitcoin Scam Is All Over YoutubeWhile $50,000 is 450% higher than the current…