Bitcoin more likely to edge towards 2019's highs, than its lows

2020-1-9 12:30

In the January edition of Bloomberg's ‘Crypto Outlook’ report, Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, wrote about Bitcoin and its potential in 2020, both in terms ofThe post Bitcoin more likely to edge towards 2019's highs, than its lows appeared first on AMBCrypto.

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Analyst Who Predicted Bitcoin’s 2018 Lows Says Another Drop Is Likely

Bitcoin has undergone a strong drop since the highs of $19,500 seen last week A historically accurate analyst says that further losses are likely for the cryptocurrency The analyst shared a chart showing that Bitcoin is likely in the midst of trading in a dead cat bounce prior to further losses He cited the Elliot Wave form of technical analysis, which predicts that markets move in predictable waves.

2020-11-29 02:59


Bitcoin proponent says it’s ‘likely’ that Bitcoin’s bear market ended when it reached $3,000

Bitcoin’s sudden spike on April 02, 2019 has stirred up a lot of belief that the bull run for Bitcoin has already begun, however, some disagree and believe that it is yet to bottom. Fundstrat’s Thomas Lee tweeted his opinion which stated that Bitcoin has “likely” hit the bottom and it is on a bull […] The post Bitcoin proponent says it’s ‘likely’ that Bitcoin’s bear market ended when it reached $3,000 appeared first on AMBCrypto.

2019-4-13 22:30


Research Shows Bitcoin Price Linked to Public Sentiment on Social Media

Bitcoin’s value is manipulated by public sentiment, this according to researchers who found that positive comments by infrequent social media users were likely to enhance the coin’s prospects.   Social Media’s Impact on Bitcoin’s Price Researchers from the Stevens Institute of Technology in Hoboken, New Jersey, led by assistant professor of information systems Feng Mai, have.

2018-6-27 06:00


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Bitcoin’s Upside Price Potential Could Stop With New Resistance

Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, though, the cryptocurrency has struggled to find acceptance above $6,800 in the last 72 hours, as seen in the chart below. A drop below $6,550 would

2018-6-21 18:27