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‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year
12.7.2020
Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into...
Comprehensive Analysis Predicts Bitcoin Price Near $20K This Year, $398K by 2030
30.6.2020
A new, comprehensive analysis has predicted the price of bitcoin to reach almost $20K this year and will keep rising to almost $400K by 2030. The researchers have also predicted the future prices of several other major cryptocurrencies, including bitcoin cash, ethereum, and litecoin. New Bitcoin...
Bitcoin’s March to $100K: A Number of Crypto Experts Who Believe the Price per BTC Touches Six-Digits
8.6.2020
A number of analysts believe that at some point in the future, Bitcoin prices will touch the six-digit zone or $100,000 or more per unit. This price point has been predicted by a variety of experts and analysts including the stock-to-flow (S2F) proponent Plan B, financial analyst Peter Brandt,...
Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition
7.6.2020
The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once...
Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO
6.5.2020
Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal,...
Virgin Galactic’s Chamath Palihapitiya: Bitcoin Could Go to $1 Million, Everybody Should Own Some
8.4.2020
Virgin Galactic Chairman Chamath Palihapitiya has shared his bitcoin investment strategy, predicting that bitcoin’s price could reach a million dollars. He further suggested that everybody should have 1% of their assets in bitcoin since it is “a fantastic hedge.” Also read:...
Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow
6.4.2020
One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $55,000 in the near future. One advocate of the S2F model, the Twitter account known as ‘Plan B,’ wrote a report about...
‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu
28.3.2020
Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central...
Edward Snowden ‘Felt Like Buying Bitcoin’ While Traders Hunt for the Market Bottom
13.3.2020
Following three consecutive days of losses shedding $50 billion off the cryptoconomy, digital currency markets lost another $44 billion in a matter of hours on March 12. Not only did ‘Black Thursday’ wreck traditional markets, but gold and bitcoin felt the brunt as well. Amidst...
McAfee Catches Heat After Welshing On Famous Bitcoin Bet
6.1.2020
Many bold predictions about bitcoin’s price have been made over the years, but tech entrepreneur John McAfee’s 2017 claim that BTC would reach $1 million before the end of 2020 garnered more column inches than any other. This is because he promised to, ahem, consume his own manhood...
Crypto Experts Give Their Top Predictions for 2020
19.12.2019
In an industry built around digital scarcity, opinions are in plentiful supply. Everyone’s got one, and they’d love to share it with the rest of the cryptosphere. As the decade draws to a close and another prepares to launch, it’s the perfect time to consider what 2020 has...
Bitcoin (BTC) Rips Off the Gains as Price Slips to $8,900
8.11.2019
The crypto market experienced a heavy fall in the price, yesterday. There were few coins that registered an improved movement within the days’ time, while others are still dealing in red. Bitcoin is comprised in the latter section of the group as it is still falling tremendously. The intraday...
Bitcoin Trapped Between the Narrow Gauge Around $9,200
7.11.2019
Bitcoin (BTC) faces a rough time trading between many technical supports as it is unable to hold the peak Bitcoin’s short-term remains moderately volatile BTC price has either been on a downward stride or holds a stable walk-through Bitcoin price has been trading in the narrow range of $9,500...
Bitcoin and Ripple Make Continuous Efforts to Trade Above Nearest Support Levels
4.11.2019
Bitcoin and Ripple, the major drivers of crypto market have been seen dealing with profit after BTC price has been pushed beyond $9,000. The 24-hour movement of both the coins have been quite satisfactory as BTC and XRP currently trade around $9,200 and $0.29 respectively. However, important...
Bitcoin Price Reflects Recovery; BTC Keeps the Price Intact at $9,100
1.11.2019
The crypto market is said to be completely dependent on the movement of Bitcoin. The currency anchors the entire market seems to gain back its essence after a tremendous fall in the past week. The second month of the last quarter has started. The traders are eyeing for a price surge. The movement...
Bitcoin (BTC) Takes a Steep Fall and Hovers Around $7,400
24.10.2019
Bitcoin (BTC) marks a tremendous fall with its intraday movement. The day ahead is not indicating any improvement. However, there are anticipations that the market would soon start to recover as usual. Currently, BTC has major resistance at $8,000. If the coin manages to trade beyond the said major...
Bitcoin Price Struggles at $8,010 Amidst the Bearish Trend
23.10.2019
Bitcoin price marks loss with the intraday movement The price seems to be paralyzed around $8,010 Bitcoin (BTC) is seen badly affected by recent volatility. The fluctuation has already created chaos and looks like BTC price is slipping down. The price of the coin was $8,299 on October 01, 2019....
Bitcoin (BTC) Marks 4% Drop Since the Last Week
20.10.2019
Bitcoin registers mixed intraday movement. The price is seen hovering around $7,900. If we look at the 7-day BTC chart, the week began at $8,300, and today, the price is standing at a loss of 4%. The currency seems badly affected by the heavy fluctuation in the market. Yesterday, the BTC price...
Bitcoin Loses Track After a Cut by 2.02% Overnight
19.10.2019
Bitcoin loses 2.02% over the last 24 hours. The next resistance for BTC may fall at 8107 USD. Bitcoin (BTC) has been through a phase of price correction and over the last 24 hours, it lost 2.02%. The value against USD has now fallen from 8000 USD to 7900 USD. It has been through three …
The...
Bitcoin Price Breaks the Freeze Zone Around $8,300 and Drops to $8,100
16.10.2019
BTC price books loss with its intraday movement The price breaks the freeze zone at $8,300 Bitcoin (BTC) was seen trading around $8,300 since a long time now. Last week, the price slipped to $7,900, but soon recovered and kept itself tight around the above-mentioned level. The current market...