Tag Archives: bitcoin price

Bitcoin had a very harsh year in 2022. Can we expect 2023 to be any better now that it’s about to enter the fray? The Bitcoin Price Had It Really Hard This Year We are literally hours away from greeting 2023, and we can’t help but reflect on what a year 2022 has been for the world’s number one digital currency by market cap. The crypto space has had extreme difficulty staying at the top of its game these last 12 months, and many of us are surprised that bitcoin and its...

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For Tim Draper, Bitcoin has a lot of fundamentals that are capable of powering its growth over time.Billionaire investor and Bitcoin (BTC) bull Tim Draper has made a $250,000 price call for the premier digital currency, maintaining his stance on how bright the future of the cryptocurrency is. Draper previously predicted that the price of Bitcoin will top the said amount by the end of this year, however, at the current level of $17,300, the coin is almost 1,400% away from that projected price...

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Short-term sentiment surrounding bitcoin appears to have fallen to a new low. The move coincides with the crypto market experiencing its most bearish conditions since 2018. People Don’t Feel Great About Bitcoin Right Now The price of bitcoin has fallen by more than 70 percent since its all-time high of $68,000 per unit in November of last year. At the time of writing this article, bitcoin is trading in the low $19,000 range, and while this may be a nice little jump from...

We’re in a crypto winter. There’s no denying it. The fact that bitcoin could lose over 70 percent of its value in just under a year is crazy. Many thought that bitcoin and other forms of crypto were unstoppable and likely to reach prices that could never have been believed. While this happened, those prices are considerably lower than what most diehard traders were expecting. Bitcoin May Need More Time to Fix Itself Now, it looks like things are about to get worse as...

Elon Musk has also made a bold prediction that the global recession will continue until near 2024 Bitcoin halving.Bitcoin has been in a bearish mode for some time with Peter Brandt, founder and CEO of proprietary trading firm Factor LLC predicting that the asset could trade between $17,000 and $23,000 till next year and a half before staging a bull run into new all-time highs. The current bear market has been linked to interest rate hikes to address the rising inflation, and it is unknown...

The veteran trader is not overly enthusiastic about the prospects of BTC until maybe after 32 months or thereabout.Veteran trader Peter Brandt has given a hint of what to expect of the world’s leading cryptocurrency Bitcoin (BTC) over the next few years. The respected trader spoke on CoinDesk’s “First Mover” program on Monday about the current state of the crypto, and its expected price movement in the next few months, among many other topics.Firstly, Peter Brandt admitted that BTC is...

ARK CEO Cathie Wood recently disclosed that she bought $100,000 worth of Bitcoin at $250 years ago and has never sold it.Cathie Wood recently revealed that she purchased $100,000 worth of Bitcoin (BTC) years ago when it was trading at around $250. The referenced unit price of the popular crypto suggests Wood made the purchase sometime in 2015. Speaking on Peter McCormack’s “What Bitcoin Did” podcast, the ARK Investment CEO disclosed that she has not sold any of that initial investment. This...