Prominent cryptocurrency trader AngeloBTC, who at one point topped BitMEX’s leaderboard, predicts that the Bitcoin price is going to $16,000 by October. In his tweet, he recalls the ‘charts never lie’ line from the viral Asuka meme that even got picked up by world-famous whistleblower Edward Snowden. "$16k by October. The charts 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…
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…
$12-$14k before a major correction ‘Another chance to buy BTC at 7k’ ‘Bitcoin is going to show a higher demand’ Two months have passed since so-called Black Thursday when Bitcoin collapsed from the $7,400 zone to $3,800 and lost around fifty percent of its value within a day. Since then, BTC has Read more…
Bitcoin’s spot price briefly surpassed $10,000 early this week. Its one-year average price just crossed $9,500, a new all-time high. The largest cryptocurrency is up 37% year-to-date. As bitcoin’s price grinds toward $10,000, its performance over a much longer timescale reached a significant milestone this month. BTC’s One-Year Average Price Read more…
Raoul Pal, the CEO and founder at Real Vision, believes the price of Bitcoin (BTC) can reach $476,000 in the long-term. Pal is not alone in this belief as hedge fund managers like Morgan Creek Digital’s Mark Yusko have also made similar predictions in the past. Currently, the price of Bitcoin hovers Read more…
Bitcoin (BTC) price lit up today, rallying 5.78% to a daily high of $9,398 before pulling back to consolidate in the $9,300 range. The strong upside move pushed the top ranked digital asset on CoinMarketCap through the $8,800-$8,930 resistance zone. Since the halving day correction dropped the price to $8,122, Bitcoin price Read more…
Following Bitcoin’s third halving, mining revenue has been halved. The network’s strength, measured in hashrate, is very much tied to this revenue and is similarly decreasing. Miners say they expected the drop, and it won’t last. Bitcoin just experienced its third halving, which reduced the cryptocurrency’s mining rewards from 12.5 to Read more…