The price of bitcoin has taken a bit of a dip over the past few days. The world’s number one digital asset – which was trading for over $45,000 per unit late last week – is now trading in the high $43,000 range, meaning that the currency has lost a couple thousand dollars in a short period, and it looks like whales are trying to take advantage of the situation. Whales Are Buying Up All They Can Whales are individuals that are classified as “big bitcoin owners,” for lack...
Read More »Analysts Say It was Pointless to Worry About the Recent Bitcoin Price Drop
Not too long ago, bitcoin fell below the $30,000 mark and was trading for about $29.5K. The world’s number one digital currency by market cap was in a position that caused many people to feel extreme panic and talks of a crypto winter were once again meandering throughout the space. Bitcoin Is Bouncing Back and Analysts Say They Weren’t Worried However, the price appears to have rebounded somewhat, and bitcoin is back up to about $34,000. This is a near $5,000 price jump...
Read More »Willy Woo Knocks $300K Off His End-of-Year BTC Price Prediction
Bitcoin has spent the last few days shooting up. The currency has again crossed the $40,000 line after trading in the mid-to high $30,000 range, the lowest it has been in several months. All is looking better, and analysts are hoping this is the start of another rise to the top for the world’s number one crypto by market cap, and yet according to Willy Woo, things are not quite where they need to be. Willy Woo Sees $200K for BTC Woo had originally believed that bitcoin...
Read More »Bitcoin Shoots Past $11K… Then Falls Again
Bitcoin broke $11,000 earlier this morning. Unfortunately for all of us, it didn’t last. The currency rose beyond the $11K level only to fall back to $10,800 – a $200 fall within just a few hours. This is exactly what happened when bitcoin first struck $12,000 in August. The behavior suggests that perhaps $11,000 is the new resistance station that bitcoin will have to overcome.Bitcoin Shoots Beyond the $11K LevelHaving said that, many analysts are pleased that the currency did manage to shoot...
Read More »Willy Woo: The Bitcoin Price Will Spike Again in July
Bitcoin has been losing about $100 a day over the past several days.Bitcoin Has Been Dropping Rather SteadilyAt the time of writing, the world’s number one cryptocurrency by market cap has seemingly fallen to just over the $9,000 mark and is trading for about $9,040. Yesterday, it was trading for about $9,140, and before that, over $9,200. The currency has been trapped in a slow-moving bear pattern that has caused it to lose a little bit with each 24-hour cycle.And yet, according to analysts...
Read More »Bitcoin Price Rises More Than 11% to $5,800 while Hash Rate Decreases
Since the day’s beginning, Bitcoin price gained slowly, setting the 35% record on a weekly scale. On March 19, Bitcoin gains more than 10%, setting a positive trend for the market.Bitcoin price and the hash rate were falling during the last week. Today, the price bounced, setting a 6 days record since March 13. BTC price has added more than 11% and reached $5,800. Back then, Bitcoin made a quick dive to $4,000 and below. The analysts were not expecting such a sharp move reverse, with many of...
Read More »Bitcoin Price May Hit $135,000, Willy Woo Predicts Major Bull Run
Willy Woo’s $135,000 Bitcoin price prediction makes waves in the crypto community. The notable trader in a chat with Max Keiser told the public that he expect Bitcoin to reach $135,000-250,000 level within a few months in 2020.Willy Woo, the industry expert with rich trading past, shares the opinion that Bitcoin is heading right to $100,000 price level. He was speaking with Keiser Report on March 3. Per the expert, thanks to ‘cycleture’ he can state that Bitcoin could hit $135,000 because of...
Read More »Twitter “Analyst” Claims Bitcoin Won’t Fall Below $8,200
Bitcoin has dropped below the $9,000 mark recently, and things are slow in returning to their original bullish form. While the world’s number one cryptocurrency appears to be on a steady rise (BTC is currently trading at a little over $8,900, a jump from the $8,700 it was experiencing yesterday), the currency is nowhere near the $10,400 it was at roughly two weeks ago.Bitcoin Is In Unfair ShapeThe good news is one source is claiming that bitcoin, despite the recent drop in price, will not...
Read More »Bitcoin Price Slides Back Below $10,000 but Bitcoin Halving Is Just 82 Days Away
The cryptocurrency market is all red, with huge candles hitting Bitcoin price charts. Other assets are falling amid the expectations of unlimited growth too.The total market capitalization shows a massive drop to $278 billion. Ethereum and XRP have lost two percent more in price than Bitcoin did. It’s a pity that, till these days, we have the trouble of oversized expectations of traders. Every time Bitcoin breaks through some psychological level, people start weird $100,000 predictions. But...
Read More »How Similar Is This Bitcoin Ascension to the One That Occurred Three Years Ago?
Bitcoin has been on something of a roll these past two months, and naturally, many analysts are thinking to compare the present bull run of the world’s biggest and most popular cryptocurrency with the one that occurred in 2017.Is Bitcoin Up to Its Same Old Tricks?During that time, the digital asset reached an all-time high of nearly $20,000 during the final weeks of the year. It’s a number that’s never been surpassed, nor has bitcoin ever come close to it again.It was a glorious time for...
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