Here are two reasons to buy Bitcoin right now Bitcoin long-term seller just closed his short position with a profit. Candlestick pattern on a daily chart hints on a trend reversal. Bitcoin bulls have another reason to rejoice. Mark Dow, a former International Monetary Fund economist and, more importantly, the guy who entered Bitcoin short […]
CNBC’s Brian Kelly Is Reportedly Short on Bitcoin Brian Kelly – often described as CNBC’s “uber” bitcoin bull – is allegedly short bitcoin. The news came forth in a new podcast published on Zerohedge.com. The bitcoin market has been seriously crashing over the past few days. Late last week, the currency struck the $3,100 range […]
Did you want to buy Bitcoin at $3k last year, what about now? BTCUSD trading at around $17,000, what is the first question you would have asked yourself? Why didn’t I buy at $3,000 just 4 months earlier in August? A week later as the markets reached there now historical high of over $20,000. Some […]
Bitcoin Price Weekly Analysis – BTC’s Short Term Rebound Likely Key Points Bitcoin price traded to a new yearly low at $3,126 and later corrected a few points against the US Dollar. There was a break above a key bearish trend line with resistance at $3,220 on the 4-hours chart of the BTC/USD pair (data […]
Is Bitcoin dying? Not so fast, Researchers refute predictions of Crypto Market Demise Each time the cryptocurrency market crashes, social media is filled with predictions of BTC slipping to zero and plenty of people saying “I told you so.” 2018’s bear market has caused many to flee from the cryptocurrency space and emboldened people like […]
Number of Crypto Users Increase Despite 85% Market Correction When all is said and done, people remained relatively loyal to bitcoin and crypto in 2018. Crypto Says Goodbye to the Last 12 Months This year has not been particularly kind to BTC, especially when compared with 2017, the year of the bitcoin boom. Last December, […]
Bitcoin (BTC) Daily Price Forecast – December 12 BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,300, $3,200, $3,100 Yesterday, December 11, the price of Bitcoin was in a bearish trend. In the last 48 hours, the price of Bitcoin had been in the bearish trend zone. The crypto's price had been […]
Bitcoin price weekly analysis – 11.12.2018 Bitcoin price continued on plummeting throughout last week’s trading sessions, recording a week low of $3,277 last Friday. However, after the week low was recorded, the market began recovering slightly and the bulls managed to push bitcoin price above $3,600 on Sunday. Despite the 14% drop we witnessed last […]
Bitcoin Price Recovers 12% in 72 Hours While Traders Remain Cautious in Short-Term ince December 8, the Bitcoin price has increased from $3,210 to $3,588, by just about 12 percent against the U.S. dollar. In the same time frame, the cryptocurrency market added $11 billion to its valuation, avoiding a further drop below the $100 […]
Experts Forecast Future of Bitcoin in 2019 Bitcoin has had a yearlong anticlimax after it rose above $19,000 in December 2017. It currently has fallen below the $3,000 mark and might likely be ending the year on a record low. Many have called the gradual deflation in the value of crypto signs of a burst. […]