Bitcoin At $7000, Undervalued Or Overvalued

Bitcoin At $7000, Undervalued Or Overvalued? At $7,000, Bitcoin can be both undervalued or overvalued, depending on how the “intrinsic” value of the digital currency is calculated. After testing the $6000-mark for a while, Bitcoin has staged a big comeback lately. In the last seven days, the digital currency has rallied 6.15%, trading close to […]

Bitcoin (BTC) Price Watch – Make Or Break At $7,000

Bitcoin (BTC) Price Watch – Make Or Break At $7,000 Bitcoin Price Key Highlights Bitcoin price is once again attempting to break past the key $7,000 barrier on its climb. If it does, bullish pressure could kick in and complete the formation of a long-term double bottom reversal pattern. The pattern’s neckline would be at […]

CHARLIE SHREM TALKS BITCOIN, HODLING, AND THE FUTURE OF CRYPTOCURRENCY

CHARLIE SHREM TALKS BITCOIN, HODLING, AND THE FUTURE OF CRYPTOCURRENCY Charlie Shrem sat down with Yahoo Finance recently to discuss his thoughts on the present and future states of cryptocurrency. THE STARTING LINE Charlie Shrem, early Bitcoin $6901.27 +0.1% adopter and founder of BitInstant and Crypto.IQ was interviewed by JP Mangalindan of Yahoo Finance on […]

Bitcoin Gains – Analyst Says Correlation Exists Between Crypto, Emerging Markets

Investing.com – Bitcoin and other major cryptocurrency prices gained on Monday. Fundstrat Global Advisors’ Thomas Lee’s comments received some focus as he said there is a strong correlation between emerging markets and virtual coins. Bitcoin was up 0.8% to $6,668.9 at 11:55AM ET (03:55 GMT) on the Bitifinex exchange.           Ethereum edged up 0.1% to $272.4 on the Bitifinex exchange.               XRP traded up 0.3% to $0.32328 in the last 24 hours on the Poloniex exchange, […]

SEC WILL REVIEW WEDNESDAY DECISION TO REJECT BTC-ETF PROPOSALS

SEC WILL REVIEW WEDNESDAY DECISION TO REJECT BTC-ETF PROPOSALS The SEC has decided to review yesterday’s orders denying approval of numerous Bitcoin exchange traded funds. IS THERE A LIGHT AT THE END OF THE TUNNEL? In what is sure to be surprising news for all, the U.S. Securities and Exchange Commission (SEC) has decided to […]

After Bitcoin Price Breakout, Pending ETF Decision May Cap Gains

After Bitcoin Price Breakout, Pending ETF Decision May Cap Gains Bitcoin's (BTC) jump to a 15-day high is encouraging, but caution ahead of the US Securities Exchange Commission's (SEC) imminent decision on a bitcoin exchange-traded fund (ETF) could limit further price gains. The leading cryptocurrency rose to $6,899 on Bitfinex earlier today – the highest […]

Bitcoin price analysis – Blasts through $6,800 critical resistance; jumps 4% on a daily basis

Bitcoin price analysis – Blasts through $6,800 critical resistance; jumps 4% on a daily basis   Bitcoin bounces sharply to trade intraday highs of $6,875.10 but currently seeking support above $6,700. Bitcoin price bullish momentum not only reentered the broken rising wedge pattern support, it broke out of its resistance to test $6,900. Bitcoin price […]