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Bitcoin Price Outlook for February
10.2.2023
February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty. Following a strong start to the month, bitcoin prices have since plunged, resulting in a current bear run. However, with just over two weeks left of this short...
ARK Invest Maintains Prediction That Bitcoin Prices Will hit $1M by 2030
1.2.2023
A new report by Cathie Wood’s growth-focused fund outlines how bitcoin continues to outperform every other major asset class
Bitcoin Prices and Ethereum Prediction; The US FOMC and Fed Rate Today
1.2.2023
Bitcoin (BTC) and Ethereum (ETH) have been cruising along the market, with their prices staying above $23,000 and $1,500 respectively. This has contributed to an overall growth of the global crypto market cap which currently stands at $1.05 trillion, showing a 0.91% increase in the last...
Bitcoin Prices and Ethereum Prediction; Is The BTC Price Above $22,700 Enough To Trigger A Bull Run?
31.1.2023
On Tuesday morning, Bitcoin (BTC) dropped below the $23,000 mark in advance of the first US Federal Reserve meeting on interest rates since 2023, which is slated to take place on Wednesday.
Bitcoin dropped to $22,800, down 3% from its peak of $24,000 over the weekend. Ethereum (ETH) has also...
Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’
30.1.2023
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.”...
Bitcoin Prices and Ethereum Prediction; Is Another 5% Rise Possible For BTC And ETH Today?
30.1.2023
Bitcoin and Ethereum prices have been on the rise for the past few months, and even today. This has resulted in many investors wondering if another 5% rise is possible for BTC and ETH today.
To answer this question, we need to look at the current market conditions and analyze whether or not there...
Bitcoin Prices and Ethereum Prediction; The Factors That Could Propel BTC and ETH To New Heights
29.1.2023
Bitcoin and Ethereum have been two of the most popular digital assets in the world, with their prices having seen a huge surge since their inception. As more and more people become interested in cryptocurrencies, it is important to understand what factors could propel Bitcoin and Ethereum to...
Bitcoin Prices and Ethereum Prediction; Could The Weekend See BTC & ETH Breakout?
28.1.2023
Bitcoin and Ethereum prices have been steady despite experiencing significant volatility in the past few weeks. Bitcoin is maintaining a narrow range between $22,350 and $23,350, while Ethereum is trading choppily within a tight range of $1,550 to $1,630.
As we enter the weekend, many investors...
Bitcoin Prices and Ethereum Prediction; Could BTC and ETH Breakout for 5% Gains Before the Weekend?
27.1.2023
Over the past few days, Bitcoin and Ethereum have been experiencing choppy trading, possibly due to the Chinese Lunar New Year, as Asian investors are out on holiday. With the current market conditions, many investors are wondering if BTC and ETH could break out for 5% gains before...
Bitcoin Prices and Ethereum Prediction: Is ETH's 6% Drop A Buy Opportunity?
25.1.2023
Bitcoin and Ethereum both failed to sustain the momentum they had gained and dipped past the $23,000 and $1,600 marks, respectively. This affected the overall cryptocurrency market value, as it decreased by 3.52% to reach a total of $1 trillion.
Since the beginning of 2023, the cryptocurrency...
Bitcoin Prices and Ethereum Prediction: Will BTC's Recent Price Surge To Over $23,000 Lead To A Bullish Rally?
24.1.2023
Bitcoin, the world's most valuable cryptocurrency, has been rising and has reached $23,333 for the first time since August 19. Over the weekend, BTC broke through the $23,000 barrier for the first time in five months, making it exciting for the cryptocurrency market.
Meanwhile, Ethereum,...
Researchers Say These 7 Factors Will Determine Bitcoin Prices in 2023
18.1.2023
Researchers at the South Korean crypto exchange Bithumb have named seven factors they believe will affect bitcoin (BTC) and crypto prices in 2023 – and determine whether the bear market will give way to bullish forces for a sustained period.
The crypto exchange’s researchers claimed that bitcoin...
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
17.1.2023
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest...
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
2.12.2022
While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s) after dropping below...
A Dozen Digital Assets Record Double-Digit Gains as Crypto Markets Begin to Heal After FTX’s Collapse
27.11.2022
At the time of writing the global cryptocurrency market capitalization is hovering around $842 billion on Sunday, Nov. 27, 2022. Bitcoin prices consolidated since the start of the week, as seven-day stats indicate the price of bitcoin has dropped by 0.02% this week. Meanwhile, while bitcoin prices...
After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market
27.11.2022
On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took...
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
24.10.2022
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew...
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty
22.10.2022
Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second...
Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage
10.10.2022
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Week of Intense Volatility
24.9.2022
Following what has been a turbulent week of trading, bitcoin prices consolidated to start the weekend. The token rose marginally above the $19,000 level on Saturday, hovering near a three-month low in recent days. Ethereum was also consolidating in today’s session, as prices moved back above...