Tag Archives: Bitcoin (BTC) Price

Bitcoin bears have successfully taken back control of the asset this week and are now trying to secure a daily close beneath the $18K for the first time since this month. The global crypto market capital has been steadily declining over the last seven days and is now back below $540 billion.Right now, the leading crypto is tiptoeing on the edge of the $1,300 CME gap which sits just $25 below the current price and extends all the way down to $16,995. In order to fill this gap, bitcoin’s price...

Following the steep price drop of nearly $2,000, bitcoin bounced off the $17,600 bottom and has risen above $18,000 again. Most alternative coins have also recovered some of the losses, and the market cap has added about $20 billion since yesterday.Bitcoin Reclaims $18,000After the relatively calm weekend bitcoin had where it dabbled with the $19,000 price tag, the cryptocurrency experienced a significant drop yesterday. BTC went from a high of $19,300 to $18,000 before continuing south to...

Bitcoin was dabbling with the $19,000 level for several days but, after another unsuccessful attempt to break above it, headed south and plummeted by $1,000 in 24 hours. Recent data indicated a significant uptick of BTC transferred from cold wallets to exchanges, implying that the price drop could have been somewhat expected.$278M Of BTC Moved To Exchanges Prior The DropAfter a predominantly calm weekend in which BTC displayed an untypical absence of high fluctuations, the cryptocurrency...

After last week’s excitement of a brand-new Bitcoin all-time high, the bulls forgot about the strong resistance at the key level of $20,000.According to the basics of technical analysis, just as in soccer, if you do not break above – you lose force and regress. This is exactly what we see over the past two days, following another failed attempt at the $19,500 – $20K zone.Since then, the Bitcoin price is going through a blood bath. The primary cryptocurrency had lost almost $2000 off its value...

December 8 was a bad day for Bitcoin. The world’s largest cryptocurrency in terms of market cap broke down, losing all the profits it had gained since November 29, 2020.Over the past few days, the $19,000 line became a kind of war zone, with bitcoin going up and down that price with no clear dominance of bulls or bears.However, things changed on December 8, 2020. At 6 am UTC, BTC had a quick dip from $19,299 to $18,798 in just 3 hours, with a low of $18,680. BTC was unable to recover from the...

Despite briefly dipping beneath $19,000 after another rejection, bitcoin has reclaimed that coveted level and currently trades above it. Most alternative coins have lost some steam since yesterday and have charted minor losses.Bitcoin Stopped At $19,400The primary cryptocurrency had a mostly calm weekend following the highly volatile week. Bitcoin displayed stagnation around the $19,000 mark with a few unsuccessful attempts to break above $19,400.In the past 24 hours, BTC tried to break above...

While bitcoin remains rangebound between $18,000 and the new all-time high, calls for BTC prices making ‘moonshot’ moves in 2021 have already started coming in.Amongst scores of such predictions, on-chain analysis pioneer Willy Woo opines that a $200,000 bitcoin price is ‘conservative’ and that the top cryptocurrency stands to fly to $300,000 by the end of the next year.$300K Per BTC ‘Not Out Of The Question’Even though BTC logged a new high, the top cryptocurrency’s price hasn’t managed to...

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...