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- Bulls Defend Uptrend Line, Aiming Higher Bitcoin Price Key Highlights Bitcoin price pulled back to the area of interest marked previously and bounced off support. Price is setting its sights back on upside targets indicated using the Fibonacci extension tool. Technical indicators are giving mixed signals in terms of […]
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 […]
Bitcoin (BTC) Price Watch – More Buyers Waiting to Join Bitcoin Price Key Highlights Bitcoin price is still on a tear, making its way up to the top of an ascending channel on the 1-hour chart. Price could be due for a pullback to the channel bottom from here in order to gain more […]
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 […]
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. Bitcoinââ¬Â¯wasââ¬Â¯up 0.8%ââ¬Â¯to $6,668.9ââ¬Â¯at 11:55AM ET (03:55ââ¬Â¯GMT)ââ¬Â¯on theââ¬Â¯Bitifinexââ¬Â¯exchange.ââ¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯ Ethereumââ¬Â¯edged up 0.1%ââ¬Â¯to $272.4ââ¬Â¯on theââ¬Â¯Bitifinexââ¬Â¯exchange.ââ¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯Ã¢â¬Â¯ XRPââ¬Â¯traded up 0.3%ââ¬Â¯toââ¬Â¯$0.32328ââ¬Â¯in the last 24 hours on theââ¬Â¯Poloniexââ¬Â¯exchange, […]
Wall Street Bull Tom Lee: Bitcoin Price Is Beating New Round of FUD The co-founder and head of research at Fundstrat Global says he’s sticking to his prediction that Bitcoin will hit $20,000 by the end of the year. In a new interview on CNBC, Tom Lee points out that Bitcoin’s price actually climbed after […]
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 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 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 […]