After a stellar run that saw bitcoin set an 18-month record, it has now dropped below the critical $10,000 mark for the first time since June 22. The digital currency dropped to $9,930 before gaining slightly to hit $10,483 as of press time. In the past 24 hours, the top […]
Tag: bitcoin price analysis
Bitcoin Inches Away from $9,000 as Analyst Claims It’ll Hit $10,000 in a Week
The happy days for the bitcoin faithful are back. After a lengthy period of turmoil in the market and the long crypto winter, the currency has shown its resilience. Despite having many skeptics write it off, bitcoin has fought back and now, it’s just inches away from $9,000. And this […]
JPMorgan: Bitcoin Surged Beyond Its Intrinsic Value, Mirrors 2017 Boom-Bust Pattern
Bitcoin has been unstoppable in recent weeks. The digital currency continued its recovery after a horrid few months, hitting a 2019 high of $8,350. This was after the currency had traded below $4,000 just a month earlier. While many believe that the price is finally catching up to the developments […]
China, Whales, New Buyers or the Reward Halving? Why Bitcoin Is up 60% in Two Weeks
Bitcoin has made a leap in the past fortnight. Granted, the rally started two months ago. However, it’s in the past two weeks that the digital currency has made the biggest gains. Currently trading at $7,900, it hit $8250 earlier today, a level it last hit close to a year […]
Bitcoin Not Hitting All-Time High Soon, Could Take 22 Years: Top Bank Analyst
When bitcoin and other cryptos started rallying on April 2, the cryptoverse was predictably excited. The industry had been extremely slow since November last year. Bitcoin hit $5,000 for the first time in over four months, with some other cryptos registering even higher gains. It wasn’t long before some analysts […]
Bitcoin Holds Steady Above $5,000 as Tom Lee Predicts $10,000 This Year
Apri has been a stellar month for the crypto industry. Having begun the month at just above $4,000, bitcoin quickly fought to hit the $5,000 mark again. The rapid gains on the second day of the month came as a surprise to many. However, the currency has held on strongly to […]
Bitcoin Shoots up 21% in One Hour to Hit $5,000, Many Unable to Explain the Gain
Some have written it off, stating that its best days are behind it. However, Bitcoin has once again proven the doubters wrong. The currency shot up by over 21 percent to hit the all-important $5,000 level earlier today. Making the gain even more spectacular, it happened in less than an […]
Bitcoin Price Analysis – BTC Uncertain Again
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, March 15, the BTC is no longer active, trading around $3,852.13. The short term trend is still here to stay, with the major crypto correcting. On H4, the price is trading sideways between $3,711 and $3,945.70. The MACD is heading down, […]
Bitcoin Hits $4,050. Could This Be the Beginning of the Journey Back to Previous Highs?
Bitcoin has hit $4,000 again. This is the first time that the currency has claimed the important level in March. The last time it traded above $4,000 was February 24, a day in which it went up to $4,200. The currency’s price has been going up consistently since yesterday. It […]
Bitcoin Could Hit $20,000 Soon According to One Chart, Two Analysts Believe
Bitcoin is trading at $3,758 at press time, down 2.4 percent in the past 24 hours. The currency is now down ten percent since hitting its yearly high at $4,200. And despite losing the momentum that had brought back hope in the midst of a brutal bear market, the currency […]
And We Are Back! Bitcoin Gains 13% To Trade At $4,200, Others Follow
The market is green again. After some very brutal two weeks, the market has begun to recover, led by the crypto king, Bitcoin. The currency gained 13 percent in the past 24 hours to reclaim the $4,000 level, and then some more. At press time, Bitcoin was trading at $4,221, […]