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Tag Archives: Jon Pearlstone

Analysts Are Unsure When Bitcoin Will Hit Five Figures

At press time, bitcoin (BTC) – the world’s number one cryptocurrency by market cap – is doing better than it’s done in months. Not since late October of last year has bitcoin seen numbers like this, and the currency is on the verge of hitting the $9,900 figure. This would put it just under $10,000 – not only a highly respectable number, but one that crypto traders haven’t seen in about six months and one that represents bitcoin’s present resistance level.Bitcoin Is Close, but Can It Truly Hit...

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Analysts Warn That Bitcoin Could Drop Even Further

Well, it looks like bitcoin’s fall to $7,400 yesterday was no fluke. It was reported that the currency was potentially moving back up the financial ladder after its initial drop, though now it seems like it has fallen back into the $7,400 range, and many are wondering if bitcoin has what it takes to gain further momentum.Bitcoin Is in Hot Water All Over AgainThe last month has been extremely difficult for the world’s largest cryptocurrency by market cap. Things initially got ugly in late...

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