Tag Archives: Bitcoin (BTC) Price

The popular entrepreneur and billionaire Elon Musk recently revealed how much BTC he holds. In a Twitter thread initiated by Harry Potter’s author, J.K. Rowling, that quickly went viral, Tesla’s CEO chipped in, saying exactly how much of the cryptocurrency he owns.Elon Musk Owns 0.25 BTCFriday was undoubtedly a big day for Crypto Twitter. The author of Harry Potter, J.K. Rowling, asked the community to explain Bitcoin to her.A number of influential individuals, including Binance CEO Changpeng...

According to Robert Kiyosaki, Bitcoin will be valued at $75,000 in three years, as an incompetent Fed oversees a dying economy.The author of the global phenomenon, Rich Dad, Poor Dad, took to Twitter on May 16, where he revealed his recent investments in hard assets such as gold and silver – and also Bitcoin.He made three bold price predictions about the assets mentioned above, citing a dying economy and Fed bailouts as the main catalysts. Kiyosaki tweeted:ECONOMY dying. FED incompetent. Next...

Over the past day or so, Bitcoin suffered from a massive price correction. After reaching the $10K zone for the second time in 10 days, Friday’s devastating candle saw a huge drop of over $800 to $9112, which is the current low on Bitstamp.If you had read our previous price analysis from Thursday, you can’t be surprised. Along with calling the $9800 – $10,000 the “real test” for Bitcoin’s short-term, we also mentioned that the parabolic move since the halving “better slow down because we all...

Bitcoin’s halving finally took place at block 630,000 on May 11th, 2020. Like many cryptocurrency enthusiasts and market participants pointed out, the block countdown felt much as if it’s New Year’s Eve. However, it’s already behind our backs, and the price has managed to add another $1,000 to it since then.In the four short days since the halving, Bitcoin increased from $8,550 to where it currently trades at around $9,380. This marks an increase of about 11%. As a matter of fact, BTC tested...

The well-known economist and gold proponent Peter Schiff took it to Twitter to explain why high inflation rates won’t cause an increase in Bitcoin’s price.Bitcoin Is Not An Inflation Hedge: Peter SchiffWorld-renowned economist and author, Peter Schiff, took yet another chance to bash Bitcoin – something he’s been doing openly for quite some time now.In his latest Twitter post on the matter, the expert argues that increasing inflation rates won’t bring Bitcoin’s price up.Inflation results in...

BitcoinBitcoin had an interesting 7-day trading period as the coin dropped by a small 3% over the week. However, this is because BTC fell by a strong 10% over the weekend as the coin fell from $9,600 to reach as low as $8,500. It rebounded from here and started to climb after the halving occurred earlier in the week.After rebounding, Bitcoin reclaimed the $9,000 level and continued upward to reach the resistance at $9,815 yesterday. It dropped lower from this level today to reach the current...

With the third-ever Bitcoin halving in the history books, the price of the asset is reacting by a notable 13% surge. As a result, the number of profitable days of holding the primary cryptocurrency has increased to over 93%, according to a data monitoring website.Almost All BTC Positions Are In ProfitBitcoin’s halving historically attracts a lot of attention. This one was no exception. While there were a lot of predictions that the price would tumble mainly because of miner-induced selling...

The Bitcoin halving event took place on May 11, three days ago. As expected, that day was volatile to both sides, but the bottom line was that Bitcoin maintained the crucial support zone around the $8K mark.The latter includes the significant 200-days moving average line (marked light green on the following daily chart), together with a mid-term ascending trend-line.The day following the halving was calm… very calm. It was actually ‘the calm before the storm.’ Since yesterday, Bitcoin fired...

Bitcoin had a very lucrative few days of trading as its price increased with roughly $1,000 since the halving took place. As it pushed above $9,500 today and its dominance increased, however, large-cap altcoins continue to suffer and fail to claim serious ground.Bitcoin Price Pushes Above $9,500At the time of this writing, Bitcoin’s price is pushing above $9,566 and it reached a daily high of $9,590 on Binance. The cryptocurrency started pushing hard last night as it took down important...

Bitcoin’s halving is behind us, and its price is nothing but soaring. Moreover, BTC is surging while legacy markets continue their downturn, strengthening the narrative that the cryptocurrency keeps on decoupling.Bitcoin Price Soars 9% in Less Than Three DaysBitcoin’s halving took place a little more than 48 hours ago. At the time, BTC was trading at around $8,550, and it currently changes hands at over $9,300, while the current daily high touched $9400 on Bitstamp. This marks an increase of...