Tag Archives: Opinion

Travis Kling shared a chart that showed bitcoin might be set for a bullish breakout in May 2020. Consider taking a contrarian stance because a post-halving dump happened in the past. Even if there’s a massive shakeout, bitcoin looks poised for a bull run this year. Bitcoin has been struggling to keep its bullish momentum alive since it topped out at $9,188.10 earlier this month. The cryptocurrency is down nearly 10% from the yearly high. Many are saying that the bear...

The altcoin market cap may be bottoming out. One trader suggests that the altcoin market cap is mirroring bitcoin’s 2011-12 cycle. If the analyst is correct, there’s a chance we will see gains similar to the profits made in the 2017 bull market. Many people got rich during the 2017 crypto bull market. I’m not just talking about those who timed bitcoin before it exploded to $20,000. There were speculators who traded altcoins and waited for them to skyrocket in value...

Bitcoin SV (BSV) is one of the crypto industry’s top new coins. Last week, it was performing extremely well and had added nearly 100 percent to its overall value. That means it nearly doubled in price over the course of just a few days and was trading for well over $300.BSV Is On a Serious RollNow, the currency’s blockchain has managed to integrate itself into roughly 400 separate projects and companies across the globe. This number is expected to move even higher in the coming weeks as more...

Changpeng Zhao advocated for storing your crypto assets on a trusted centralized exchange after Peter Schiff lost access to his BTC holdings. Last year, Binance was hacked but the exchange covered all losses. There are still numerous reasons why you should store your own coins. Not your keys, not your coin. This is a phrase commonly tweeted by hardcore crypto investors. It means that if you don’t control the keys of the wallet, you don’t control the cryptocurrency....

Charlie Bilello highlights the performance of Mastercard and Visa in an attempt to shoot down bitcoin. In terms of returns, bitcoin has dramatically outperformed the two financial companies. When it comes to transaction volume, Visa and Mastercard have significantly outpaced the cryptocurrency. Bitcoin has no shortage of critics. Some of them love to cherry pick statistics to rip the top cryptocurrency. I have yet to see someone slam bitcoin in an area where it...

There is great fear traveling through the crypto space… Fear that somewhere down the line, bank-issued cryptocurrencies will somehow replace bitcoin and its altcoin counterparts.Will Bitcoin Be Replaced?But is that fear valid? We need to look at a few facts before we can make an official decision. For one thing, these cryptocurrencies issued by financial institutions will be centralized, meaning the banks will be in control of who receives the crypto units and what they can be used for. This...

Bitcoin may target $18,000 if past halving performance plays out. In the immediate term, bitcoin must overcome $9,000. BTC price briefly overtakes that level Friday. Analysts, traders and crypto enthusiasts all over the globe are cheering on bitcoin as it looks to overcome $9,000. But is this the start of something bigger? Is bitcoin finally pricing in the next halving – or halvening, as some may call it? The sentiment inside the cryptocurrency community is reaching...

BSV “flash dump” may occur soon. Is it time to short BSV? Crypto volatility is back, baby! While 2020 is scheduled to be the year bitcoin blows-up, it seems a few traders didn’t get the memo—opting instead to pump derivative rival, Bitcoin SV. The bitcoin cash spin-off has posted a 291% year to date increase, but has its luck run dry? Is BSV about to come collapsing down? And is it time to go short? That’s the opinion of most BSV critics today, of which there seems to...

Many crypto analysts believe that bitcoin has already bottomed out. Bitcoin’s bullish price action is giving some traders the ammunition to predict a run-up to $14,000. Other analysts warn that investors should taper their expectations. Bitcoin is starting the year with a bang. The top cryptocurrency is up by over 17% year-to-date, and we’re just two weeks into 2020. The impressive run has caught the attention of analysts. Some are already claiming that the bear...

A popular host and crypto investor has made a bullish statement on altcoins. Ran NeuNer’s tweet was met with heavy criticism. Nevertheless, it is difficult to deny that large market cap coins are showing signs of strength. It’s not a secret that most alternative coins or altcoins are dependent on bitcoin. Wherever BTC goes, almost every other crypto token follows. That’s especially true for large market cap coins such as Ethereum, Litecoin and EOS. A score of one...