Tag Archives: bitcoin price

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...

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...

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...

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...

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...