Bitcoin’s back in a slump… Again. At press time, the currency is trading in the $6,100 range – roughly $200 less than where it stood yesterday morning. The price has been in steady decline over the past 48 hours after remaining at what analysts believed was a solid $6,700. Present […]
Tag: Tom Lee
Bitcoin Price Watch: Currency Remains at $6,300
Bitcoin is likely driving a lot of people nuts right about now, not just because it can’t seem to decide where it wants to be price-wise, but from all the crazy predictions that have attached themselves to it. At press time, the father of crypto is remaining at $6,300, where […]
Bitcoin Price Watch: Currency Falls by $100
At press time, bitcoin is trading for roughly $6,500. This is about $100 less than where it stood yesterday afternoon. It appears bitcoin still can’t make up its mind regarding where it wants to be. In yesterday’s price piece, we discussed that bitcoin had been meandering between $6,300 and $6,600 […]
Bitcoin Price Watch: Currency Down for the Count
At press time, the father of cryptocurrencies has dropped down to about $6,400. That is roughly $200 less than where it stood yesterday afternoon. Enthusiasts everywhere were pleasantly surprised to see the currency spike to $6,600 just prior to the start of the week. However, things began looking a little […]
Bitcoin Price Watch: Currency Spikes by $500
At press time, the father of cryptocurrencies has jumped by $500 in just 24 hours. Yesterday, the coin had fallen to its lowest point in months, and was trading at $5,800 for most of the day. Many analysts were skeptical about potential recovery, and were certain a bear period was […]
Bitcoin Price Watch: Currency Drops Another $200
At press time, the father of cryptocurrencies is hovering just over $6,000, marking a $200 drop from yesterday’s main trading position. The currency has been very up-and-down over the past few days, falling to $6,100, then spiking to $6,300 before incurring its present losses. It is unclear when – or […]
Tom Lee Blames the Cboe Futures for Crashing the Bitcoin Price
There is still plenty of speculation as to why the Bitcoin price has plummeted over the past few months. Some sources hint at Tether’s involvement, whereas Fundstrat’s Tom Lee has a completely different view. In his opinion, the expiration of Cboe’s Bitcoin futures are the main culprit. Factors Influencing the […]
Bitcoin Price Watch: Currency Shoots Up to $6,600
At press time, the father of cryptocurrencies has shot up by over $400, and is now trading for $6,650. After many analysts stated that the $5,000 range was imminent, it appears bitcoin has impressed (and surprised) us once again by halting its descent earlier than expected. Whether it shoots back […]
Bitcoin Price Watch: Currency Falls By $500
In an extremely disappointing move today, the father of digital currencies has fallen by an additional $500 and is now trading for just over $6,200. This is very disheartening news, as recovery does not appear to be in sight, and the $5,000 range for bitcoin seems imminent – a fate […]
Bitcoin Price Watch: Currency Drops Back to $7,600
At press time, bitcoin is trading for just over 7,600. This is a near $60 drop since reaching yesterday’s high of $7,700. Though small, the currency has ultimately failed to defend this new line, leading analysts to wonder if $8,000 is no longer doable in the short-term. One source suggests […]