With Bitcoin mounting a comeback since March, approaching the highs of February recently, now investors are wondering what the longer-term prospects of the cryptocurrency may hold. After cresting 10,000 in February, following a run-up that began in December, the world’s most renowned cryptocurrency plummeted once again, leaving investors frustrated and Read more…
Selling the top Aiming for $300,000 In a series of recent tweets, financial analyst and podcaster Preston Pysh has once again outlined his bullish case for Bitcoin, claiming that the world’s largest cryptocurrency could ‘go beyond’ the levels of the stock-to-flow (S2F) model. The widely cited model, which was introduced by Dutch crypto Read more…
It’s been a tough past few days for Bitcoin. The cryptocurrency has slipped approximately 10% from the $10,100 monthly highs to a recent low of $8,800, triggered by fears that Satoshi Nakamoto is dumping his BTC. While those rumors have since been disproven by blockchain analytics companies, BTC has yet to recover. Worse Read more…
Satoshi teases a comeback Bitcoin price bounces back The rumored return of Satoshi Nakamoto, the elusive Bitcoin creator, tanked the BTC price more than seven percent to its intraday low of $9,100 on the Bitstamp exchange. However, those who are concerned about this drop certainly miss the forest for the trees Read more…
Bitcoin isn’t even past $10,000 — let alone the latest all-time high of $20,000 — but analysts are already craving the crypto market’s next parabolic bull rally. While this rally has yet to arrive, a prominent cryptocurrency chartist has indicated that it’s close. He pointed to a crucial and rare Read more…
The price of Bitcoin (BTC) tested $10,000 a total of five times in the past 11 days. The price action can be considered as a bullish or a bearish trend based on varying perspectives. The quintuple test of a key psychological level at $10,000 can be analyzed in two ways: The $10,000 Read more…
Bitcoin attempted to push above $10,000 yesterday evening but was once again met with a significant amount of selling pressure that subsequently led it lower The benchmark cryptocurrency is now once again caught within a bout of sideways trading within the mid-$9,000 region Analysts are warning investors against getting too Read more…
Max Keiser, a famous broadcaster, financial journalist, filmmaker and the founder of Bitcoin Capital and Heisenberg Capital. Mr. Keiser started promoting Bitcoin when it was trading at just one dollar, so I couldn’t help but ask him what got him so interested back then. He told me that he was Read more…
Bitcoin wakes up to a new week following a volatile weekend: After reaching down to $9100 on Friday, the following two weekend days were quite bullish for the primary cryptocurrency. Bitcoin regained position, and since the Friday’s low, the price had been climbing nicely to the same devastating resistance area Read more…
Back in March, Bitcoin (BTC) and most other cryptocurrencies joined the stock market in one of the biggest market sell-offs in recent history. Now, two months after, what is now known as, Black Thursday (March 12, 2020), Bitcoin has recovered all of its losses plus more, while the stock market is still Read more…