Tag Archives: bitcoin price

In what seems like an unexpected resurrection, Bitcoin prices have rebounded above the psychological level of $7,000 indicating a resurgence despite waning market sentiments. Many within the crypto space had thought that this was the beginning of the end for Bitcoin prices without realizing that Bitcoin prices will rise again and also that the dip below $7,000 was temporary.This price drop, however, raised concerns among many within the cryptospace as this dip was the lowest since Bitcoin...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe liquidation of PlusToken assets could drop the BTCOnly BTC survives – CNBCOn W1, the Bitcoin dynamics are even inside the current descending channel. The quotations are aiming at the long-term minimum of $3121.90. The resistance is at $8500.00.On the MACD and the Stochastic, there is a Black Cross in the red area of the first one and a Black Cross and an escape from the overbought area on the second one. These signals...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 775. Heute sprechen wir über folgende Themen: Bitcoin Trend wie eine Echo Blase aus dem Lehrbuch, EZB veröffentlicht Whitepaper zu eigener Kryptowährung & Plus Token Scammer bewegen $100 Mio an Ethereum. 1.) Ehemaliger IWF-Ökonom: aktueller Bitcoin-Trend wie eine „Echo-Blase aus dem Lehrbuch“https://coincierge.de/2019/ehemaliger-iwf-oekonom-aktueller-bitcoin-trend-wie-eine-echo-blase-aus-dem-lehrbuch/ 2.) EZB...

After weeks of trading barely above $7,000, bitcoin (BTC) – the world’s largest and most powerful cryptocurrency by market cap – has unexpectedly fallen into the $6,000 range.Bitcoin to End the Year on a Negative Point?At press time, bitcoin is trading for just over $6,700, meaning it has fallen by anywhere between $300 and $400 over the past 48 hours. There are no valid reasons given for the sudden and dramatic fall, though one source is suggesting that Plus Token – a notorious Chinese Ponzi...

Today Bitcoin endured another fall, tumbling to the price level at $6,700 and drawing closer to the price level at $6,600.The cryptocurrency of the first choice has arrived at just $6,670.37 today, the most reduced level since late November. Now, the digital money has declined by over half from its 2019 high, as in June on the level at $13,879.21.Bitcoin continued a consistent descending pattern for a considerable length of time, during which time it exchanged to a descending channel.After...

Since Bitcoin is picking up footing in the prevailing press, numerous doubters and business analysts have guaranteed that the crypto space takes after the Dot-com blast and downturn in the early years.Bitcoin is exchanging simply above $7,000, 70% lower than its ATH while reliably recording BTC strength at 70%. As indicated by an exhaustive investigation, the long term Bitcoin could drop to $1,000 which shows comparative examples for the NASDAQ dot-com bubble. A bounce-back can give a...

Bitcoin’s open long positions on BitFinex keep increasing rapidly and had recently set a new all-time high record on the popular cryptocurrency exchange.In the last two weeks, the total number has surged to over 43,000 BTC, bringing up the discussion within the community if this very odd behavior might end up in a cruel long squeeze, that will have Bitcoin plunge way below $7000.Bitcoin Long Positions Set a New All-Time HighThe number of Bitcoin long positions is constantly increasing, and it...

Mark Yusko, a former bitcoin and crypto skeptic, thinks the BTC price is likely to hit $100,000 by the time 2021 rolls along.Mark Yusko Has Gone From Hater to BelieverAs the chief executive and chief investment officer at Morgan Creek Capital, Yusko was – at one time – not a believer in crypto and held more faith in traditional fiat. At the time of writing, however, some of that sentiment seems to have switched, with Yusko showing a little more interest in the digital asset and acknowledging...

After trading in a tight range between $7,300 and $7,150 for several days, Bitcoin might be on the move again, heading south this time. The price of the largest cryptocurrency dropped to $6,994 on the largest margin trading exchange, BitMEX. Bitcoin managed to recover slightly and is currently trading at around $7,050.Cryptopotato reported today that BTC could be facing a potentially huge move shortly, according to the Bollinger Bands. Dropping below $7,000 could bring the question if there’s...

Ross Ulbricht – the man who’s serving a life sentence for developing the notorious black marketplace Silk Road – is writing letters from prison and trying to guess where bitcoin’s price will head within the next year.Ulbricht Tries to Tell Us Where BTC Will GoAccording to Ulbricht’s latest letter, the world’s primary digital currency by market cap is set to reach $100,000 by the year 2020. Thus, he now joins figures such as Charles Hoskinson, Tim Draper and John McAfee to believe that the...