Tag: Bitcoin Price

Another bullish Bitcoin price prediction is here. The founder of investment firm SkyBridge Capital, Anthony Scaramucci, believes that BTC will reach a price of $500,000 in the next four or five years. This, according to the financier, will be made possible by crypto’s global popularity in this timespan. He goes on to say that Bitcoin […]

Bitcoin price analysis is again not very optimistic for today as the world’s biggest cryptocurrency is being ‘oversold’ as per popular indicators. On the other hand, the world’s biggest cryptocurrency is trading at $35.8K and is up by 0.41% in the last 24-hours.  The data from CoinMarketCap shows that the trading volume of the token has dropped […]

Many predictions focused on the price of Bitcoin (BTC) in 2021 did not come to pass as the premier digital currency ended the year below its All-Time High (ATH) above $65,000 amidst a massive bearish correction toward year-end that pushed the coin below $42,000 earlier this week. Despite the likelihood of volatility changing predictions, Guido […]

Bitcoin price and the broader cryptocurrency industry have continued to experience a mind-boggling downturn with the global digital currency market capitalization plunging to $1.89 trillion, down from about $2.9 trillion when Bitcoin (BTC) attained its all-time high (ATH) above $68,789.63 earlier in November 2021. The days of massive price gains seem to be eluding the […]

With 2021 running to a fast close, many crypto enthusiasts are beginning to doubt the earlier forecasts for Bitcoin (BTC) to hit $100,000 before the year runs to an end. And according to the chief investment officer of Bitwise Matt Hougan, believing that Bitcoin will break its new all-time highs in the course of the […]

Bitcoin price may be in trouble for a number of reasons ranging from the uncertainty surrounding Chinese property giant Evergrande, and fears about the stock market and Tether’s reserves. Recent Bitcoin Price Crash Linked With Conflicting Evergrande News Reports Just a few hours prior to the crash of Bitcoin price yesterday, news made rounds that […]

JPMorgan, the well-known multinational investment bank, puts a price for Bitcoin, which is way lesser than its current worth. Under its inaugural outlook primarily on alternative investments, strategies, the American bank published a report that said that these alternative assets, including cryptocurrencies, will “outperform” in 2022. As per its price model, the bank mentioned the “fair price” […]

Despite the mining ban by China that saw Bitcoin hashrate dip 50% this year, the asset has now retraced back to its former levels. According to the latest estimates, Bitcoin hashrate is now back at the same levels it was back in May, just before China pronounced the ban on Bitcoin mining industry. Bitcoin Hashrate back […]

Bitcoin (BTC) dipped below $60,000 in yesterday’s trading session and touched $58,084. Buyers came in large numbers to purchase the dip, resulting in an exact mimic of the ‘purchase the dip’ situation during the 2017 bull run.  The leading coin has been within a downtrend since hitting the all-time high at $67,000 on 20th October. […]

Bitcoin (BTC) has finally hit a new all-time high in U.S. dollars as the digital asset’s price action sees it re-entering uncharted territories after beating final resistance to surpass April’s peak. The surge which has been under the close monitoring of keen eyes, now pushes BTC/USD into price discovery. Bitcoin (BTC) re-enters price discovery Data […]

The price of Bitcoin (BTC), the digital currency industry’s flagship asset has soared past the $60,000 resistance point for the first time since April 2021. The uptrend is undoubtedly the result of a resilient market, as maintained by a hoard of retail traders, with heavy institutional money also helping to suture the crack in the […]

Bitcoin (BTC) is definitely on top form, and that’s quite in the literal sense as it heads into a new week, just about 15% below its all-time highs. It’s no news that analysts are expecting a very strong Q4 finale, owing to a number of indicating factors that have led analysts to confidently compare to […]

Following the increase in Bitcoin’s value, global hashrate has also been on a steady rise, going even higher, week in and week out. As at Sunday, the hashrate for the Bitcoin network is circling just above the 155 exahash (EH/s) handle, and with that, Bitcoin’s price may have just given some mining rigs new life. […]

Nigel Green, CEO and founder of financial advisory and fintech, deVere Group has predicted that Bitcoin could hit new all-time highs of $100,000 by 2021 ending. He made this prediction, following a strong week finish in the crypto sector that saw Bitcoin gaining almost 10.8% in 24 hours, on Friday evening. And by Saturday morning, […]

Bitcoin price analysis indicates bearish price action to follow over the following 24 hours as further upside couldn’t be reached after another test of the $47,000 resistance. We expect BTC/USD to drop later today and move back to the $42,00 support line. The cryptocurrency market trades with a small increase over the last 24 hours. […]

Bitcoin price slows down the new parabolic recovery slightly above $55,000. The 200-day SMA provides Bitcoin with the much-needed support to prevent a correction from wiping the gains to $40,000. Bitcoin seems to have started another bull cycle following a lengthy battle in June and July to break the barrier at $40,000. Following the selloff […]

Bitcoin Hits $45K Blockchain analytics firm Santiment says that Bitcoin (BTC) whales aren’t showing interest in taking profits as Bitcoin hits $45K.  The firm says that Bitcoin entities holding between 100 and 10,000 BTC now hold 9.28 million coins, or about 44% of the total supply, which is an all-time high for the investor cohort. […]

BTC entered a near-term pullback after reaching overbought conditions at $42.6k last week. The price fell for four consecutive days, wiping out leveraged longs upon every new intraday low. What Happened During the Recent Pullback With 10 consecutive daily candles higher, extremely overbought conditions on the 4-hour and daily chart, the price at technical resistance, […]