Tag Archives: bitcoin price prediction

With all the predictions, it appears that Bitcoin may truly be getting ready for a long rally. Flagship cryptocurrency Bitcoin could climb as high as $100,000 by the end of next year, according to Standard Chartered. If that level is reached, it would mark a 270% surge from Monday’s level of just over $27,000 that CoinMarketCap data shows. According to Standard Chartered‘s report, the so-called “crypto winter” is over, and from all indications, Bitcoin is set to go on a gaining...

On Thursday, March 26th, the volatility in the BTC remains high. However, today the prices for the leading cryptocurrency are declining slightly, generally trading at $6645, while yesterday’s peak was $8350.BTC price todayQE in the USA is good for the BTCBitcoin price “will be okay” – Novogratz and PompilianoOn W1, Bitcoin demonstrates a significant pullback after a drastic decline. The market is still declining, and the nearest aim of the main trend is the fractal low of $3121.90 USD. The...

These days, the BTC is trying to correct after stressful sales. On Thursday, March 19th, the key cryptocurrency is trading at $5800, growing 11%.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Bitcoin price tech analysisBinance will not let the BTC rate fall to zeroMore and more opinions are voiced about the potential of the BTC fallingThe decision of the Fed to decrease the rate supported the BTC but not for longOn W1, the Bitcoin is realizing our monthly expectations of its decline. The...

On Thursday, March 5th, the Bitcoin (BTC) started increasing after the recent fall. The coin is currently trading at $9,081.94.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis: Bitcoin price has started growing.On Binance DEX, the BTC has fallen to 100 USD.Germany has acknowledged the BTC as a financial instrument.On W1, the quotations are testing the support area at 50.0% Fibo in relation to the previous uptrend. Growth to the main resistance area and the level...

The leading cryptocurrency is giving up its positions right before our eyes. On Thursday, February 27th, it is trading at $8,520, though just recently it was keeping above $10,000.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Bitcoin price is falling: technical analysis.The BTC may grow to $100,000 – Herjavec Group.China postpones the development of its cryptocurrency due to coronavirus.Bitcoin Price Technical AnalysisOn W1 of the BTC, there is a clear descending candlestick, hinting at...

On Thursday, February 20th, the Bitcoin price is declining. It is selling for the second day in a row, generally trading at $9588.00.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Technical Analysis;The interest to the BTC has grown by 50% since the beginning of the year;The BTC is controlled by Chine – The head of Ripple.Technical Analysis: Bitcoin Price CorrectionOn W1, the impulse of growth has made a pause. The quotations have not reached the target level of $11500.00 but the MACD is...

As yesterday Bitcoin broke through $10,000. Pompliano confirms his Bitcoin price prediction for 2020. He believes BTC is moving higher to reach $100K in December 2021.On Sunday, February 9, Bitcoin price crossed its psychological barrier of $10,000 levels. The entire crypto community started rooting for Bitcoin to touch a new all-time high.At the current price, Bitcoin is 40% up since the beginning of 2020. At press time, Bitcoin is trading at a price of $9852 with a market cap of $179...

Yesterday, BTC price was back to growing. Today, on Thursday, February 6th, the asset continues its growth mostly around $9,700.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Number of BTC transactions has exceeded 500 million.Commission for transfer in BTC worth 460 million USD was less than 1 USD.Bitcoin price is moving higher. As we can see in the weekly chart, Bitcoin is forming a steady rising wave. In this case, the upside target is the resistance level at...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBTC miners earned $5 billion in 2019In the Bitcoin network, a $1.1 billion transaction took placeOn W1, the Bitcoin quotations return to the previously broken resistance level of 50.0% Fibo. Such a pullback should be interpreted as short-term, meant just for testing the positions taken from above. In the mid-term, the quotations are growing to the resistance line of long scale at $11500.00.At the same time, the Stochastic...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe application for launching the ETF for the BTC called back againCME Group started trading options for the BTCOn W1 of the Bitcoin, there begin ascending dynamics after a breakout of the resistance line of the 6-months descending channel. It is too early to say this impulse can renew the high. First of all, we should consider a move to the long-term resistance line at $11500.00. All said above, the Stochastic and MACD...