Tag Archives: bitcoin price

Bitcoin big whale and advocate, Tim Draper, has reiterated his stance that Bitcoin (BTC) is one of the best investment vehicles in the world and as such, has encouraged millennials to latch onto the Bitcoin movement and enjoy the many benefits of the digital currency.Millennials have been encouraged to key into the many benefits that abound in Bitcoin as it could be their wisest decision at retirement age.Billionaire Tim Draper who was one of the earliest investors in the virtual currency...

Officials of China reported about 11 deaths and more than 500 people infected by the virus. The city where 11 million people are living, had its central market as the primary source of the virus. One of the city residents said to BBC journalists that ”the atmosphere there felt like the end of the world”.Many Chinese folks continue traveling around the country during the holidays. Also, people in Belarus, Saudi Arabia, Singapore, and Vietnam reportedly have been visiting doctors in regards to...

Bitcoin price is presently trending at the level of $8,419 (+ 2.38% daily). The crypto is on track in the framework of a strong bearish trend amid growing volatility. The intraday low is recorded on the level at $8,371.The cryptocurrency market returned to minus, losing the insignificant profits achieved on Wednesday. The total crypto assets struggle with losses from 1% to 6%. Bitcoin returns to a mark beneath the $8,500 level (support of last week). Before the continuing bearish activity,...

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...

After an incredible week of bullish growth, when Bitcoin price adjusted from $7,700 to $9,200, consolidation began as traders are preparing for a new attack for $9,200. Recovery, not unique to Bitcoin, has significantly raised most altcoins.Bitcoin fell beneath $8,700 after a brief shift to $8,791 in the early Asian hours. The first digital coin remained mostly unchanged both daily and from the beginning of Wednesday, as the market entered a limited-range phase after sharp movements at the...

Bitcoin price is always largely influenced by the halving. Bitcoin’s halving is easily the most anticipated event in the crypto industry today. The next halving is expected sometime in May 2020 and many believe it will spark the next Bitcoin rally. Since late last year, there have been many forecasts about what the halving will do for the king coin. A new report has now suggested what is probably the most bullish forecast for the world’s number one asset. According to Beincrypto, Bitcoin will...

It has been a good start to this year so far for the cryptocurrency markets. The overall cryptocurrency market cap has added over $45 billion since January 1. The cryptocurrency market cap surged from $191 billion to now at $238 billion registering over 20% gains.Bitcoin, the crypto king, has undoubtedly been a star performer as well! In just the first 20 days of 2020, the Bitcoin price surged nearly 30% bringing the excitement back among its investors. Earlier this week, the BTC price...

BTC/USD is as of now exchanging at $8,623. Over the most recent 24 hours, the coin was in a solid bearish disposition amid falling instability.Bitcoin drove the digital money market on Sunday with a sudden short consolidation that surpassed the desired $9,000 without precedent for 2020. The price came to $9,000, yet the highest price level came to $9,194.99. Consolidating trends between $8,500 and $8,750 level are probably going to come first for the time being.The weekend session was very...

Another bitcoin price prediction is in the books. This time, the prediction comes from a popular crypto analyst who goes by the name of Galaxy BTC on Twitter, and he’s saying that BTC could spike by 1,000 percent in the coming months granted a few things happen.Galaxy BTC Says $100,000 Is on Its WayFor bitcoin to experience such a surge, the currency would need to break past a trendline on a logarithmic chart. Once this occurs, the world’s number one digital currency by market cap could go...

As bitcoin continues to sally forth, the currency is garnering all kinds of attention from industry and media analysts alike.Will Bitcoin Continue to Rise, or Is Another Drop Coming?Many are wondering if this is all a fluke. After all, it wouldn’t be the first time that bitcoin has surged to new heights only to disappoint us somewhere down the line. Remember in December of 2017? The currency hit its all-time high of nearly $20,000 and jumped into new territory, taking the entire crypto space...