The Crypto Daily – The Movers and Shakers 24/07/19 The bears eye a 4th day in the red, with sub-$8,000 levels for Bitcoin investors likely to cause some angst for the broader market. Bitcoin slid by 4.57% on Tuesday. Following on from a 2.29% fall from Monday, Bitcoin ended the day at $9,859. A […]
Analysts Alex Kruger and Josh Rager give their Bitcoin Predictions Cryptocurrency analyst and economist Alex Krüger says investors should welcome the current withdrawal of Bitcoin and points out that Bitcoin will increase faster and sharper. Bull market corrections are unavoidable and should be welcome. Assets that go too far up too fast tend to […]
Bitcoin is a rollercoaster ride hen we started work on this article, we were going to talk about the explosive growth in Bitcoin value. But as we prepared to publish, the cryptocurrency experienced a massive devaluation that could have serious implications for investors. The highs of cryptocurrency investment In December 2018, Bitcoin (BTC) reached its […]
Bitcoin (BTC) Price Weekly Forecast – Approaching Next Crucial Break There was a solid upside correction initiated from the $9,100 swing low against the US Dollar. The price gained traction after it broke the key $10,000 resistance area and traded towards $11,250. There was a break above a major bearish trend line with resistance at […]
35% Bitcoin Price Drop to $9,100 is Historically Natural, Don’t Worry – Analyst Bitcoin and the aggregated crypto markets have been incurring significant volatility as of late that has made it increasingly unclear as to which direction BTC is heading and has even made it difficult to know whether bulls or bears are in control. […]
Bitcoin Price Analysis – Bitcoin Stands on its Feet by Gaining Almost 3.5% Bitcoin has shown five huge price swings in the last one month. The next resistance point is likely to be 10,000 USD. After being hit by a steep push to the ground, Bitcoin has been partly successful in getting on its feet […]
House Rep. Kevin McCarthy heaps praise on Bitcoin McCarthy said that he likes Bitcoin because of the blockchain's security. Unlike Bitcoin, he doesn't like Facebook's Libra and fears that it may control the market in the future. In a recent interview with CNBC, Kevin McCarthy, the Republican House Minority Leader said: "I like bitcoin […]
Bitcoin price plunges following Senate hearing into Facebook’s Libra cryptocurrency The price of bitcoin plummeted Tuesday after a Senate hearing that questioned a Facebook Inc. executive on Libra, the company’s proposed cryptocurrency. Bitcoin fell 12% today to a 24-hour low of $9,266.56 as of 10:45 p.m EDT before recovering slightly, to $9,402.28, an hour […]
Bitcoin's recovery stalled on approach to $11,000 Bitcoin and major altcoins have recovered from the recent lows. The upside momentum has faded away on the approach to critical resistance levels. The cryptocurrency market is recovering after a sharp sell-off registered during the weekend. Bitcoin (BTC) and all major altcoins are gaining ground, though the critical […]
Bitcoin price analysis – BTC/USD loses over $1,000 in a matter of hours, the worst not over yet BTC/USD retreated below $12,000 after a short-lived spike above $13,000 Intraday RSI implies that the sell-off is not over yet. Bitcoin is changing hands at $11,850 after a strong sell-off from the recent high of $13,195. […]