Tag Archives: Bitcoin (BTC) Price

The well-known Bitcoin permabear and gold bug Peter Schiff has once again taken a swing at the primary cryptocurrency.His comments followed a volatile market that saw almost $300 million in liquidations in less than an hour and more than $800 million in less than a day.Peter Schiff Bashes BitcoinThe well-known economist and strong gold proponent, Peter Schiff, has once again taken the opportunity to swing at Bitcoin.He said that there was no new money coming in, but instead, it was old money...

Tyler and Cameron Winklevoss, the founders of the large US-based cryptocurrency exchange Gemini, foresee even more significant BTC price developments this decade. While appearing on CNBC, the twins predicted that Bitcoin will become the best-performing asset with a 25x appreciation in the next nine years.Back-to-Back Best Performing Asset Of The Decade?As CryptoPotato reported at the end of 2019, Bitcoin became the 2010s best-performing asset with a significant ROI of 8,900,000%. Although...

Bitcoin has just broken above its previous all-time high of $19,660 on Bitstamp exchange (white dashed line) and is now storming towards the psychological $20,000 level. This is a truly historical moment to behold and has taken the leading asset just under 3 years to fully recuperate the losses from the extreme 2018 bear market.New buying pressure from the US trading session is helping to maintain the surging momentum from this weekend, with the global crypto market capital now quickly...

The long wait is finally over. After three years of grinding through various price levels, Bitcoin finally broke the all-time high value it had set all the way back in 2017.Bitcoin ATH: An Exciting Journey Since 2017Following three long years of waiting, bitcoin has just managed to surpass its previous all-time high set in December 2017 ($19,660 on Bitstamp).Those three years were filled with everything imaginable. Bitcoin went through a prolonged bear market in 2018, which saw many experts...

Bitcoin bulls have successfully regained the $18,000 level today after breaking bullish from a pennant pattern formed yesterday – Saturday, November 28.Over the course of this weekend so far, $30 billion has returned to the global crypto market, which now stands at $540 billion. This has allowed the leading cryptocurrency to recover $1,900 of the $3,250 shed during the sharp correction between November 25-26.This speedy return of bullish momentum puts Bitcoin in a great position ahead of the...

History is not an indicator for future performance, but it’s definitely interesting looking at it, especially when it comes to bitcoin’s price and how it performed in the past.A similarity brought up by a popular crypto proponent, and chartist shows a compelling bullish cycle where BTC’s price is far from having reached its peak just yet.Bitcoin Price: 2013 vs. NowWell-known cryptocurrency advocate CryptoBull brought up an interesting comparison between the price performance of bitcoin from...

After dabbling around $16K – $17K for a few days, Bitcoin has soared back above $18K. Most alternative coins have also increased in value, adding $30 billion to the total market cap in a day.Bitcoin Jumps to $18KFollowing the vigorous price dips from earlier this week that resulted in BTC losing more than $3,000 in hours, the asset consolidated around $17,000 for a few days.Bitcoin charted a few more drops beneath that level. However, the situation changed over the weekend. The primary...

Bitcoin’s volatility continues with full force as the asset made another $1,000 move in the past 24 hours. Most alternative coins have marked minor gains following the recent price drops.Stellar has been on a tear in the past week and XLM has found a place in the top ten after a triple-digit surge.Bitcoin Struggles With $17KFollowing the most substantial gains marked in 2020 that led to the yearly high of $19,500, Bitcoin bears took control over the asset. As a result, BTC experienced...

What’s going on with Bitcoin? After triggering everyone’s bullish mood, Satoshi Nakamoto’s creation experienced one of the worst crashes of the year, as if some divine providence was telling traders to take it easy.Analyses are contradictory, but some experts claim that this contradiction happens because there is no real substance to study, and investing in crypto could be dangerously close to gambling territory.BTC Trader = LoserMark Mobius is one of the experts who support this thesis. The...

Bitcoin has a way of surprising people. This week was no exception. A few days ago, almost everyone believed that the cryptocurrency is inevitably headed to a new all-time high. And how could they not? BTC was trading at a few hundred USD below the record from back in 2017. Unfortunately, things took a turn for the worst.Yesterday was undoubtedly a bad day for bitcoin as it plunged a total of around $3,000 in less than 24 hours. From a high of about $19,500 down to $16,200, the bears poked...