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Tag Archives: bitcoin price

Volatility for Bitcoin Hits Four-Month Low

At press time, you may not think bitcoin is doing much… And you’d be right. In fact, the currency has barely swung at all over the past 1-2 weeks and has largely remained between $10,100 and $10,300. Volatility Has Dropped for BitcoinThis is because the currency has reached its lowest level of volatility since May of this year. This is a bit of a downer given that the currency isn’t spiking the way it was last April through July, but it’s also somewhat of a blessing. Those of us truly...

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Bitcoin Price Will Explode Past $250K by 2022, Says Tim Draper

For several years now, the Bitcoin price has been a subject of discussion in the global scene. As we published, some prominent commentators have suggested that Bitcoin will reach $1 million per token by the end of 2020. That may never happen unless there is a major collapse in the entire fiat world within the next three months.However, some of the analysts are sticking to their predictions, Tim Draper, one prominent venture capitalist, recently doubled down on his call that Bitcoin will reach...

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Bitcoin Rally Will Come Only After Surge in S&P 500 Stocks, Says Fundstrat’s Tom Lee

The cryptocurrency market is purported to be a break from the traditional markets, especially because of its decentralization. There is also the fact that global financial policies or unfavorable financial climate, which heavily affects traditional financial assets, do not have the same effects on the digital currency markets. However, even with all the dissimilarities, popular Wall Street strategist Tom Lee has drawn a parallel between the traditional stock market and the cryptocurrency...

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Industry Analysts and Experts Say: Bitcoin Price is in Front of a Massive Move

Many industry experts are now speculating on Bitcoin price as the top cryptocurrency has been trading sideways for quite a while after climbing more than 200% this year. The huge price increase from $3,300 to $13,000 has left everyone wondering – which way Bitcoin is heading now?It seems like everyone is waiting for something to happen, but nothing is happening. Just recently, experts claimed that Bitcoin failed to go past one of the essential resistance points at $10,500 and now could be...

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Opinion: We Want Bitcoin Results, Not Predictions

Is it safe to say that people are tired of talking about bitcoin? While not necessarily bored by it, they are tired of hearing the same things over and over, one of which is that the currency is about to enter a huge rally of sorts. No More Bitcoin Predictions; We Want to See ChangeTom Lee, as reported by Live Bitcoin News earlier today, is back in the limelight again, commenting that the currency is about to hit a new all-time high once the S&P jumps up. Lee, despite claiming that he...

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Tom Lee: Another Big Leap for BTC Is Coming

Well, it looks like Tom Lee is back in the news, and when you really think about it, why shouldn’t he be? The year is almost over – we only have about 3.5 months to go before 2020 rings in – and bitcoin has ultimately underperformed and come up short regarding bitcoin bulls’ expectations. Lee, naturally, is claiming that BTC is about to enter a rally. So, is he right or wrong?Lee: Another Price Bump Is ComingIn an interview with CNBC, Lee comments that the S&P is likely to shoot up by...

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Despite U.S.-China Tensions, Bitcoin Hasn’t Done Well

Well, it seems analysts are now saying that bitcoin has failed to live up to our expectations. The currency, despite the harsh trade war conditions that should have put it in a top spot on the financial map, has really failed to rally the way many industry experts thought it would, and at press time, many are hoping the currency can turn itself around before 2020 shows itself.Bitcoin Ain’t Doing So HotIn August, trade war conditions were at their worst. The U.S. and China were at each other’s...

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Bitcoin Is Once Again Down for the Count

So much for bitcoin’s sudden rise to $10,800 last week. The coin was doing so well following a low period of trading in the $9,000 range and now things have returned to “normal” somewhat. While the currency isn’t in the $9,000 range again or lower, it is trading at around $10,180. This is significantly less than where it was, and bitcoin has once again let down all who were expecting a sudden bull run in the coming days.Bitcoin Is Falling Once AgainIt’s getting annoying to see bitcoin fall so...

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Bakkt’s Adam White: ‘We Will Play a Disruptive Role in the Bitcoin Market’

For a while now, one of the most anticipated events in the crypto sector has been the official launch of Bakkt which the market has been waiting for since last year when the firm was officially announced.Last week, the official Twitter account announced that the Bakkt Warehouse had been thrown open and had begun receiving deposits and withdrawals, in preparation for its Bitcoin Daily & Monthly Futures, expected to launch on the 23rd of September.Now, the firm’s Chief Operating Officer...

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Bitcoin Could Set a New Price Record in Three Months

Analysts are predicting that bitcoin could reach $20,000 by the time the holiday season rolls around. A Big Bitcoin Boom Is ComingJust think. By Christmas, everybody’s favorite cryptocurrency could be worth a whopping $20,000. This wouldn’t be the first time. The currency nearly struck this mark by the end of 2017, and what’s interesting is that by this time that year (September), bitcoin was trading for about $5,000 per unit. At press time, it’s more than double this amount. Naturally, this...

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