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When Will Bitcoin Price Hit Its Next Big Peak? How High Will It Go?


Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology (DLT) and has been a lead crypto-tech analyst for Weiss Cryptocurrency Ratings since shortly after their launch. __________ How do you estimate the “true” value of Bitcoin? Or better yet, how do you predict what it will...

Bitcoin Price Continues the Downtrend; Deals Around $8,000


Bitcoin’s price remains stable at $8,000 The intraday loss is expected to turn into profit The market started the day with the bearish trend; the fall in the market was quite heavy. There was no expectation of improvement. However, the day moved ahead and the price started recovering. Many...

Tether Watch Might Help Predict Bitcoin Price - Analysts


By tracking issuance of new ERC-20 Tether (USDT) tokens, traders could predict bitcoin (BTC) price and move faster in and out of the crypto market, according to Sid Shekhar, co-founder of TokenAnalyst. Blockchain intelligence firm TokenAnalyst looked into the correlation between BTC price...

Bitcoin Price, Altcoins Closing In Towards Next Crucial Break


In the past two sessions, bitcoin price declined below the USD 8,200 support area. BTC/USD tested the USD 8,000 support and it is currently (08:00 UTC) consolidating losses. It seems like the price is struggling to recover and it is facing many hurdles near USD 8,300, USD 8,400 and USD 8,500....

Bitcoin Price, Altcoins Rebound Remains Attractive to Sellers


Recently, bitcoin price declined below USD 8,300, but the USD 8,200 level acted as a support. As a result, there was a fresh increase, but the price is struggling to gain pace above USD 8,400 and is currently (08:00 UTC) well below the USD 8,500 resistance levels. Similarly, there was a short term...

Bitcoin Price and Altcoins Struggle To Clear Key Resistances


Yesterday, we saw a short term recovery in bitcoin above the USD 8,250 resistance. However, BTC/USD faced a strong resistance near the USD 8,500 level and recently started a fresh decline. The price is down more than 2% and it seems like it could revisit the USD 8,000 level in the near term....

Surprise! State-Owned Bank Says Bitcoin Price Is Too Low


Source: iStock/hocus-focus A German bank believes that bitcoin prices are in for a major boost next year, and says current prices do not take into account the token’s forthcoming mining reward halving – expected to take place in May 2020. The bank estimates that BTC might hit USD 90,000, while...

Blame These Traders for Bitcoin Price Crash


Recent bitcoin selling pressure actually originated from short-term traders that got bitcoin at prices between USD 10,000 and USD 12,000, claims crypto market analysis firm Coin Metrics. By analyzing the composition of their realized capitalization measure, introduced as a reportedly more precise...

Coin Race: Ethereum Price Ends Losing Streak, Bitcoin Price Drops More


The early crypto fall that started in August continued in September, painting the market red. And we can’t even talk of small drops as many coins have seen a double-digit plunge in the month of abrupt downs and ups. However, in the top 10 coins category, the situation looks better for at least...

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