Tag Archives: bitcoin price

Bitcoin has taken another turn for the worse. Over the weekend, the currency was trading in the $6,900 range, but now it’s fallen even further to $6,700. So, what could be the big problem? What’s got bitcoin turning sideways while it sleeps?Bitcoin Loses Another $200It’s hard to pinpoint exactly what’s going on with the price considering so many crypto and financial experts say that people are returning to bitcoin and purchasing new assets for their digital coin stashes. Right now, as the...

It’s no secret that Mike Novogratz – a former hedge fund manager – has always been a big fan of bitcoin. When everyone else has lost faith, he’s always there to tout it and remind us of just how special it is.Mike Novogratz Is Betting Big on BitcoinNow, he’s claiming bitcoin is about to make a huge leap. On Twitter, he writes:I’ll make a bet for dinner anywhere in New York City that bitcoin outperforms both [gold and treasuries] over the next three months, and I like gold… Give it a few...

Bitcoin is up by nearly ten percent in just the last 24 hours alone, and while there’s still a long road of improvement up ahead, several analysts are intrigued by what they see and by where they think bitcoin will go next.Bitcoin Is Gaining Investor Confidence AgainAccording to some industry experts, the time to invest in crypto may be now. As we all know, bitcoin and other forms of digital currency have fallen heavily over the past few weeks, suggesting that many were the subjects of...

Bitcoin has shot up by another $100, and the upsurge for the world’s number one cryptocurrency by market cap just keeps growing.Bitcoin Is Surging AgainNow, analysts think that if the currency can keep it up and potentially break $8,000, a run to $10,000 may soon follow. This is the sentiment of men like Craig Erlam, a senior analyst at OANDA. He explained in a recent statement that he believes $10K may not be far off for BTC if it can break the present $8,000 resistance level.Granted bitcoin...

Bitcoin investor and billionaire Chamath Palihapitiya thinks that the current Bitcoin price is very far away from the BTC real value. He says that under certain circumstances BTC may reach $1 million.$1 million as Bitcoin price is possible. At least that’s what billionaire Chamath Palihapitiya thinks. Chamath is a former Facebook executive and currently the CEO of Venture Capital fund Social Capital. He mentioned this prediction in his talk with Anthony Pompliano who is a partner at Morgan...

Things are looking good for bitcoin from a technical standpoint.Technical Charts Suggest Positivity for BitcoinPer recent technical charts, the world’s number one cryptocurrency by market cap has surged past a crucial position – the same position it moved beyond last January to incur a serious price spike that saw the currency surge past the $10,000 mark in mid-February.Could this mean that the gloom and doom that’s been plaguing bitcoin over the past few weeks is about to come to an end?...

Bitcoin has climbed more than 15 percent over this last week, suggesting the currency hasn’t lost its strength or power as some might suggest.Is Bitcoin a Safe Haven After All?One of the big sentiments as of late is that bitcoin is being sold off in droves. That people are too worried about the economic conditions they’re facing and are looking to retain as much cash as possible. One of the ways of doing this is by selling all speculative assets to retain the money they need to survive and...

There has been a wide array of opinions about what bitcoin is doing throughout this pandemic. Some say it’s going to go up, while some say the downward spiral it’s been on for the past month is going to last until May’s halving.What Will Happen to Bitcoin in the Coming Days?One of the big opinions as of late is that bitcoin is the subject of a mass selloff – at least it was up until earlier this week. That explains why the world’s number one cryptocurrency by market cap fell into oblivion...

Well, it looks like bitcoin has impressed us all again. After spending the last few days in the mid-$6,000 range (around $6,450), the world’s number one cryptocurrency has set its sights on higher ground, spiking by roughly $400 over the past 24 hours to trade at just under $6,900.Bitcoin Never Ceases to Amaze UsMany were thinking that luck had potentially run out for the currency. That the recent drops it had incurred were too much for it to handle, and that things were in no way going to...

Mike Novogratz, CEO of crypto merchant bank Galaxy Digital and a well-known Bitcoin bull, has once again reiterated his bullish stance to the biggest cryptocurrency, predicting that Bitcoin should retest its $20,000 highs by the end of 2020.Mike Novogratz, the CEO of crypto merchant bank Galaxy Digital, said he might give up on Bitcoin (BTC) if the price of this cryptocurrency doesn’t touch new highs in 2020.Just for the reminder, in January 2020, reflecting on the proliferation of crypto...