Tag: Bitcoin Price

The Bank predicts a long-term price target of $146,000 for Bitcoin Price and expects investors to pull money out of gold. Bitcoin price is expected to take advantage of the money outflow from the gold market, says JPMorgan. One of the world’s leading investment banks mentioned in a note that the long-term price target of […]

As the world welcomes the New Year with hope and optimism, Bitcoin closed the fourth quarter of 2020 on a very high note. According to data from the team at Unfolded, Bitcoin price experienced 168.78% in returns during the fourth quarter of 2020. Furthermore, the last three quarters of 2020 have been profitable for Bitcoin […]

The price of BTC surged past $32,000 as buyers on Coinbase aggressively accumulated BTC. Coinbase has seen a large spike in buyer activity overnight as the price of Bitcoin (BTC) surpassed $32,500 on Jan. 2. Analysts say the trend was reminiscent of MicroStrategy’s Bitcoin accumulation, possibly fueled by institutional buy orders. As a result, BTC […]

The king of cryptocurrencies has been on a steady upward trajectory for the past few months. It has successfully tested various resistance levels. At the time of writing the king stands at $31K+. In the past 24-hours, the king saw some high levels of fluctuations dropping to around $28,799 and then peaking at the current […]

The price of bitcoin value has crossed a new all-time high on Saturday morning (EST), spiking over $31k per coin. At around 8:43 a.m., bitcoin’s price climbed to $31,417 per unit with roughly $12 billion in global trade volume. Bitcoin (BTC) has surpassed the $31k price zone and has jumped very close to the $32k […]

The Tom Demark (TD) Sequential indicator has proven to be essential in determining Bitcoin’s price action. This technical index was able to predict the most significant exhaustion’s points on BTC’s 1-day chart over the last three months – Bitcoin Crash to $3.6k in March Is Screaming Sell Again. In mid-February, for instance, when the flagship […]

Bitcoin halving is expected to happen in 7 days and analysts have very different opinions on possible BTC price movements after the event. It said that the price may drop. Even though we were witnessing Bitcoin rally in the last few days, it seems that we came to the history repeating – meaning the pullback. […]

A user poll conducted by Kraken has revealed that most traders are expecting Bitcoin (BTC) to break into new all-time highs before 2021. The poll analyzed the responses of 400 “VIP” crypto traders on Kraken: 41% of respondents described themselves as “investors”, 40% identified as “traders”, and 15% as “institutions” — with the remaining 4% […]

Bitcoin price was at about $6,500 yesterday, having the steam for rises from $5,800. The equity markets are under pressure, while cryptocurrency shows strength. Now, Bitcoin looks much better, as more people google what it is and buy the coins. Who will win in a longtime battle for worldwide liquidity provider status? Since yesterday, Bitcoin […]

Bitcoin Price (BTC) and gold showed clear signs of strength on March 24 as the United States Federal Reserve revealed the true extent of its money printing. Having cleared $6,000 on Monday, BTC/USD went on to hold ground at around $6,500. At the same time, gold rallied, as market analysts suggested its recent selloff was […]

Bitcoin (BTC) made further dramatic losses on March 12, crashes below $6,000 for the first time since May 2019. Data from Coin360 and Cointelegraph Markets summarized the grim day for Bitcoin traders as BTC/USD hit lows of $6,000. The selloff intensified through Thursday, with 24-hour losses hitting 20% on some exchanges. “And that looks like […]

The Bitcoin (BTC) price premium in Lebanon is now over 50% with the average price quoted by peer-to-peer (P2P) sellers reaching $15,000. Lebanon Bitcoin Price Premium Continues to Rise According to data from P2P BTC trading platform Localbitcoins, the Bitcoin price premium in Lebanon is still on the rise, with sellers demanding as much as […]

As Jan 2020 comes to a close, Bitcoin BTC Price is up 32% this month. As one analyst points out, if this continues every month, BTC will reach $152,000 by the end of the year. Bitcoin BTC Price Is Up 32% This Month In a tweet that garnered thousands of likes and replies yesterday, Bitcoin […]

Tom Lee, managing partner and head of research at Fundstrat Global Advisors, says he expects a major Bitcoin rally this year. According to Fundstrat’s recently published 2020 Crypto outlook report, there are three main factors that could cause Bitcoin to surge. They include The upcoming BTC halving event, which will reduce the cryptocurrency’s rate of […]

The premium of bitcoin on Bitfinex has dissolved in recent months. It is trading at a similar price range as spot exchanges and the last time it did, which was in August 2019, a brutal correction followed. There are many factors at play when bitcoin often enters a short-term bear market. Hence, it is premature […]

Bitcoin is showing first signs of a weakening upside momentum as traders adjust their sentiments near key resistance areas. Bitcoin Fall Ahead? The benchmark asset on Wednesday plunged by up to 3.15 percent in what appears to be a corrective action. The move downhill prompted it to establish an intraday low of $8,202.57 on Coinbase. […]

Bitcoin broke a couple of important hurdles near $7,500 and $8,000 on the bitcoin daily chart against the US Dollar. BTC price action indicates a strong rise towards $9,100 or even $10,000. Bitcoin price surged $500 and settled above the key $8,000 resistance against the US Dollar. A new 2020 high is formed near $8,464 […]

The May 2020 Bitcoin halving might not have such a dramatic effect on Bitcoin’s price. According to Meltem Demirors, the chief strategy officer of CoinShares, the popularity of the Bitcoin derivatives market means that the price of the underlying asset is becoming less relevant, which will keep it in check even after the halving. Institutions […]