The Bitcoin (BTC) price has seen a strong rebound from $6,800 to $7,600 within a four-day span, recording a 12% increase. Two technical factors are likely to push BTC to $8,000 in the near-term as traders anticipate a strong weekly close. In the upcoming days, the 200-day simple moving average (SMA) found Read more…
Bitcoin price rose more than 10 per cent and broke above the key resistance $7500. Bitcoin price surged to $7700 area, will sustain towards $8500? What are the charts and technical indicators are saying? Read more to find further insights into today’s BTC/USD Technical Analysis. BTC is currently trading around $7550 area and trying Read more…
In the latest issue of “The Unfolding” report, global macro investor Raoul Pal claims that the Bitcoin price could hit $1 mln in the next five years. He believes that BTC represents the future of the financial system. However, he’s also bullish on gold, claiming that the price of the lustrous metal can witness a Read more…
Silk Road founder Ross Ulbricht has published his long-term Bitcoin (BTC) price analysis, in which he states that Bitcoin could potentially climb to $333 mln (yes, that’s with an “m”). In such a case, the market cap of the world’s first cryptocurrency could reach $7 quadrillion, which is ten times higher than the GDP Read more…
Bitcoin has done extremely well over the past 24 hours. After falling as low as $6,800 on Wednesday, the cryptocurrency mounted a strong comeback on Thursday morning, rallying from $7,050 to $7,800 in an explosive fashion to mark an over 10% gain. (As a note: some of that rally has since been Read more…
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Bitcoin is at present within the midst of a bullish market motion, as it’s breaking by means of the $7,200 stage. On the identical time, a crypto analyst who appropriately predicted Bitcoin’s downtrend throughout 2019 is now turning bullish. Particularly, he suggests Bitcoin is prepared for a “increase and bust Read more…
Peter Brandt has shared his latest take on the Bitcoin (BTC) price, predicting that it has a 50 percent chance of shooting up to as high as $50,000. I feel Crypto is always better than gold. #Bitcoin is up over 75% since it bottom on March 12. Many #Altcoins also have Read more…
Peter Schiff, a well-known economist and renowned author, has taken another stab at Bitcoin. As he commonly compares the digital asset with gold, outlining its lack of intrinsic value, the expert now says that the precious metal will outperform Bitcoin as the latter will simply crash. Peter Schiff Back To Read more…
In a recent TradingView analysis, cryptocurrency analyst Filb Filb drew attention to the importance of $8,000, a price point which he stated has the “worst cluster of resistance seen since the bear market of 2018.” Indeed, he noted that the following technical levels are currently situated at $8,000 (subject to change Read more…