Tag Archives: Bitcoin price analysis

Bitcoin (BTC) ‘I Told You So’ At All Time High

Bitcoin (BTC), Cryptocurrency–Not much has changed in a year. While the price of BTC has slipped precipitously since ending 2017 trading near $20,000, the industry of cryptocurrency has remained as polarizing as ever. Throughout the bullish run that characterized last year, economists, financial reporters and Wall Street moguls continued to point out the flaws of the number one… Read More »

Bitcoin Technical Analysis: BTC Turned Short Term Bullish, $3,800 Next

Bitcoin price traded higher recently and broke the $3,440 resistance against the US Dollar. BTC/USD moved into a short term bullish zone and it could climb towards $3,740 or $3,800. Important Points: Bitcoin price traded higher and broke the $3,440 and $3,520 resistance levels. BTC/USD broke a major bearish trend line with resistance at $3,560 on the 2-hours… Read More »

Bitcoin Price Analysis: BTC/USD Accumulating as VanEck Subsidiary Work on “Transparency”

Latest Bitcoin News Of course, price is not the only metric of interest as far as Bitcoin is concerned. Adoption rate and infrastructure development is of interest. Though the coin is meant to by-pass third parties as regulators, we cannot discount the role of regulators and their constant talk of investor protection. Other jurisdictions might be open but… Read More »

Crypto Startups Going Bankrupt Amidst Market Crash

Blockchain, Cryptocurrency–While investors are left holding the tab from the plummeting crypto market, with this week seeing a relative low for Bitcoin since peaking at $20,000 in December 2017, crypto-based startups have also had to contend with the fallout. On December 6, Bloomberg reported on a round-up of cryptocurrency startups that are closing doors amidst the most recent… Read More »

Bloomberg Opinion Bitcoin Price Prediction: More FUD for 2019

Bitcoin (BTC), Cryptocurrency–While the crypto markets see a slight reversal in pricing to round out the final week of December, with Bitcoin creeping closer to $3700 after hitting a relative low earlier in the week, predictions on the outlook of the industry for 2019 continue to sour investors. Last week, as reported by EWN, billionaire crypto investor Mike… Read More »

Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the show for BTC… Read More »