Tag Archives: bitcoin price

Bitcoin expert has compared coronavirus trends with the possible Bitcoin price movement and claimed that the stochastic modeling and other tools work perfectly in this case.Balaji Srinivasan, who used to work at Coinbase and now writes for Nakamoto.com, claims that Bitcoin price can hit $100,000 after striking twice the important psychological level of $10,000.The Nakamoto.com analyst claims that Bitcoin’s rally is pretty predictable if you look at the stats under a certain angle. Whether...

What happens when a lot of people talk about possible Bitcoin price movement? Right – the price indeed starts moving. And now BTC seems to be gaining momentum ahead of May’s halving event.Some experts start predicting the next price move. They see a dramatic scenario of Bitcoin price rushing up to $18,000 and even $20,000 in the short-term and up to $100,000 in the long-term. Such data is based on calculations of previous price action. It appears that Bitcoin can gain up to 80% in profits...

Bitcoin price is hot, with analysts enrolling their opinions regarding future movements. Let’s take a look at them: will BTC reach $12,000 or will it fall?Market analyst JC O’Hara from the MKM Partners considers Bitcoin as the asset exiting bear trend zone. Bulls will lead the asset directly to 12,000 price level, according to what JC said on “Trading Nation” by America’s largest financial news network CNBC.About two months ago, the trader was thinking that the Bitcoin price won’t be jumping...

As we’ve all seen over the past month or two, bitcoin has completely revamped itself and is now trading for well above the $10,000 range. Many people attribute this spike to many things, but one individual believes hype surrounding Libra has a lot to do with bitcoin’s recent good fortune.Libra Could Be Behind Bitcoin’s Sudden SurgeTo be completely fair, it’s not necessarily Libra itself, but rather words regarding Libra that have led to bitcoin’s growth. Vijay Ayyar – head of business...

The 4 hours indicators show that Bitcoin price has dropped over $300 off in one trading session, meaning that buyers are resting, while there are only around 88 days left before the halving. Maybe a huge sell session is coming?Asian trading hours showed a significant price pump on the whole market, but now Bitcoin price has dropped. It may even be facing the major rollback soon. Thanks to the bulls being lazy, the price didn’t reach $10,500, showing the fall to presumably $9,900. The second...

As Bitcoin is ranked among the top hot topics by Weibo in China, analysts think the popularity will catalyze its market price to $40, 0000. However, BTC dominance is down in the $300B crypto market.Bitcoin popularity has spiked in the last few days especially in mainland China, where a popular social media platform, Weibo, ranked it among the top most searched topics in China. The popularity spike is attributed to social disruption caused by the coronavirus outbreak that has ravaged the...

Tom Lee is at it again with his price predictions. The Fundstrat analyst is predicting $40,000 for BTC by the end of 2020, but is it possible he’s on track this time?Lee Is Back to His Old SelfLee has always been there to remind the world of how solid bitcoin is. No matter what it’s going through, no matter how many drops it incurs, Lee is there to tell us about its greatness. He’s confident it’s the future of finance, but his price predictions have left some wanting.For example, 2018 was a...

Bitcoin is on a roll, today. The currency has rebounded from its recent drop to surge by roughly $500. At the time of writing, it is trading for over $10,300, marking a new high for the year.Bitcoin Has Set a 2020 RecordThe asset has undergone a period of hardcore change since 2020 began. It initially began the year trading at a measly $6,900, the lowest it had been in approximately one month. From there, it rose by $400 to reach $7,300 following political tensions between the United States...

Bitcoin price and the overall crypto market reacted positively after Fed Chairman Jerome Powell recently stressed on the importance of private crypto-based transactions. He said that the Fed is working on a number of projects for digital currencies.Bitcoin price surged over 5% on Tuesday, February 11, pushing it to a five-month high above $10,300 levels. With this move, BTC has surged nearly 50% since the beginning of 2020. At press time, BTC is trading 5.6% up for a price of $10, 304 with a...

Bitcoin has been on something of a roll these past two months, and naturally, many analysts are thinking to compare the present bull run of the world’s biggest and most popular cryptocurrency with the one that occurred in 2017.Is Bitcoin Up to Its Same Old Tricks?During that time, the digital asset reached an all-time high of nearly $20,000 during the final weeks of the year. It’s a number that’s never been surpassed, nor has bitcoin ever come close to it again.It was a glorious time for...