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Tag Archives: bitcoin price

Analysts Still Think $100K for Bitcoin Can Happen

Despite the overall bearishness of the crypto market, there are many analysts out there that seem to believe bitcoin still has what it takes to hit a $100,000 price. Bitcoin Is Stronger Than It Looks Right Now The state of bitcoin is rather poor as of late. The world’s number one digital currency by market cap has fallen into the doldrums and crashed like no other currency this year. The digital asset was trading for a new all-time high of about $68,000 per unit last...

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Why Did Bitcoin Fall Again in Late August?

Bitcoin saw its price plunge in late August following a slow, but steady bull run. It looked like the world’s leading digital currency by market cap was on the verge of striking a $25,000 chord, but that clearly was not meant to be as things eventually took a turn for the worse and the asset dipped into the low $20K region again. Bitcoin Saw More Bearish Conditions in Late August The digital currency – along with many of its counterparts – suffered and reached new...

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Poll: Bitcoin Will Hit $40K Next Year

The bitcoin price isn’t doing very well as of late, but this isn’t deterring people from thinking the world’s number one digital currency by market cap won’t make a huge comeback next year. A New Poll Suggests Major Recovery for Bitcoin According to a recent poll, many crypto advocates and traders believe the digital currency could head to the top of the financial ladder in 2023. In fact, many of them believe that the currency could nearly double by the end of 2023,...

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Will October Be a Big Month for Bitcoin?

Could bitcoin increase its price by as much as 30 percent in the coming months? Bitcoin May Come Back from Oblivion in Two Months There are many analysts out there that seem to believe October of this year will be a major turning point for bitcoin. They believe the asset could add as much as 30 percent to its value, which per its price at the time of writing, would mean that it would shoot up to about $28,000 or $29,000. That’s not much of an improvement, but it’s...

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Bitcoin Price: This is how bitcoin works

Bitcoin Price The value of bitcoin is determined by the same market forces that influence the value of any other goods or services. If more people want to buy than sell, prices will likely increase. If there are more sellers, the price tends to fall. This is similar to the stock market, real estate, and most other open marketplaces. Don’t Buy Bitcoin. It’s Going To Crash! Bitcoin’s price is just as likely to fall back down...

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Bitcoin Falls Following Crypto-Related Tax Sales

Bitcoin has hit another low point. The currency is trading for under $39,000, hitting what is arguably its lowest point this month. Bitcoin Is at Its Lowest Point This Month Cryptocurrencies like bitcoin have been undergoing a bit of a slump as of late. There have been many reasons for this, a big one being that they are largely correlating with stocks which have been slowly moving south. However, one of the other big reasons is because tax season has come and gone, and...

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Bitcoin Has Fallen, but Not Everyone Thinks This Is the End

Bitcoin and other forms of crypto have been experiencing a heavy pullback as of late. BTC, the granddaddy of all digital currencies, is now trading once again for just over $40,000, a slump it managed to get away from a few weeks ago. Bitcoin Has Stumbled, but There May Be Hope However, now it looks like things are going back to “normal,” and when we say normal, we mean back where bitcoin has been for most of 2022. For the most part, this year has not been terribly kind...

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