Tag Archives: Bitcoin (BTC) Price

Bitcoin is reminding of itself. The cryptocurrency saw an impressive increase of more than $2,000 in the past 12 hours. This allowed it to set a new all-time high above $49,000. It also had the BTC dominance index increase as altcoins chart mild drops.Bitcoin Price Eyes $50KThe past few days saw Bitcoin’s price being rather indecisive as the cryptocurrency was unable to follow through on its break to $49,000 and tumbled over.Since February 12th, BTC was trading in a range between $46K and...

BitcoinBitcoin is up by a solid 28.2% this week as the coin set a new ATH today at $49,000. The cryptocurrency had penetrated above the previous consolidation pattern at the start of the month and started to push higher over the past week.On Monday, BTC surged from $38,800 to reach the resistance at $46,427 (1.618 Fib Extension – red). There, it established an ascending price channel. It took a couple of days for BTC to break that level.Today, Bitcoin climbed higher to set the new ATH at...

Bitcoin’s price could spike to a six-digit price territory as early as April or September this year, said the creator of the popular stock-to-flow model, PlanB. Additionally, the asset could surge to $288,000 by the year’s end if it follows the 2013 bull cycle.Bitcoin To $100K In Two To Seven Months?The primary cryptocurrency has been on a tear in the past several months after exploding by about 5x since early October 2020. In the first month and a half in the new year alone, the asset has...

After yet another all-time high painted just at the $49,000 price tag, bitcoin retraced slightly. Most altcoins also went up in the past 24 hours, and the total market cap painted a new record as well above $1.460 trillion. Interestingly enough, YFI has managed to surpass BTC in terms of dollar value.Bitcoin’s Latest ATH At Nearly $49KBTC is having a compelling week as it exploded by about $7,000 on Monday following news that Tesla had purchased $1.5 billion in January. It went for a new...

Bitcoin has painted yet another record, breaking the previous all-time high and setting a new one at around $48,480. This comes right after Mastercard announced they would potentially integrate cryptocurrencies in their network and the US oldest bank, BnY Mellon, revealing they would hold, transfer, and issue BTC and other cryptocurrencies on behalf of their asset-management clients.Bitcoin’s price just painted a fresh all-time high, surpassing the previous record. At the time of this...

Bitcoin climbed by 4% in the past 24 hours after gaining over $2,000 from today’s low of $44,000 (Bitstamp). The primary cryptocurrency is up by a total of 23% this past week after it broke the previous ATH price from January 8th, 2021, of $42,000. This comes following the news that Tesla had purchased $1.5 billion worth of BTC.After breaking $42,000 on Monday, Bitcoin continued higher to reach the critical resistance at $46,430 (1.618 Fib Extension). It spiked above it on Tuesday, setting a...

Bitcoin’s dominance continues to suffer and has dropped beneath 61% once more as the asset has stalled around $45,000. In contrast, numerous altcoins have spiked, including a new 3-year high of Cardano as ADA has neared $1.Bitcoin Stagnates Around $45KThe primary cryptocurrency registered its largest green candle in history on Monday upon news that Elon Musk’s Tesla had purchased $1.5 billion in BTC. This development drove the cryptocurrency to a new all-time high at above $48,000.However,...

The total cryptocurrency market’s capitalization has lost around $100 billion in the past hours. This comes as Bitcoin corrects to below $44,000. Nevertheless, the cryptocurrency is still up more than 20% on the weekly.Corrections are to be expected, especially when the market turns parabolic. Over the past 7 days, bitcoin’s price is up by a whopping 20% after arguably one of the most important developments for the market.BTC soared earlier this week when Elon Musk’s Tesla filed a document...

Bitcoin continued to surge by another 7.5% today, allowing the price to record a new ATH at $48,216, according to Bitstamp. BTC has since dropped slightly as it trades, around the $46,5K range, but the bulls are still all around since Tesla had announced the company’s purchase of $1.5 billion worth of BTC.On a weekly timeframe, Bitcoin is up 40% (!). Yesterday, we highlighted an ascending price channel, as shown on the following short term’s 4-hour chart. Toward the end of yesterday, Bitcoin...

After Tesla’s purchase of $1.5 billion in bitcoin, speculations emerged in the cryptocurrency field who would be the next giant name to enter the BTC ecosystem. According to Max Keiser, the host of the Keiser Report, it would be the US multinational IT behemoth founded by Larry Ellison – Oracle Corporation.Is Oracle Next?Elon Musk’s Tesla became the latest giant company to allocate considerable amounts into bitcoin after news broke out yesterday that the electric vehicle firm had bought $1.5...