Bitcoin Must Now Beat $11.2K for Bull Revival, Say Analysts

2020-10-9 16:06

Bitcoin has woken up from its recent slumber. But a bull revival might need a break above $11,200.

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Bitcoin (BTC) на Currencies.ru

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Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost

Bitcoin’s recent spike above $9000 has been the talk of the town, with several analysts and proponents of the cryptocurrency vouching for its revival. In a series of tweets, Alex Kruger, a popular economist, spoke about the entry of institutions into the Bitcoin ecosystem and how the switch from retail investors was beneficial to the […] The post Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost appeared first on AMBCrypto.

2019-6-17 11:30


Brazil Records Trades Dealing with 100,000 Bitcoins in 24 Hours Amid Economic Woes

Brazil has been recently troubled with economic woes and its economic activity fell to a nine month low this February. However, as it has become a trend recently, most of the countries around the globe suffering from economic troubles have looked towards Bitcoin for revival, and Brazil is no different. The Brazilian crypto exchanges have […]

2019-4-17 18:51


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4 Reasons to Be Bullish on Bitcoin and Altcoins, According to Brian Kelly

Since bursting out of its rising wedge formation on April 2, the big question on everyone’s mind is: Has Bitcoin bottomed? CNBC’s resident Bitcoin expert, Brian Kelly, thinks so.   The founder & CEO of BKCM LLC, a digital currency investment firm, stated his opinion on Bitcoin’s recent surge this week on CNBC Fast Money — claiming that he believes this Bitcoin revival is real.

2019-4-11 11:00


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”Ghost Town” in British Columbia Eyes Revival as Bitcoin Mine Comes to Town

The town of Ocean Falls in British Columbia, Canada, is set to become yet another example of a rejuvenated small town with a new crypto mining facility in town. A report on September 4, 2018, shows that after four long decades of little to nothing happening, the fortuitous presence of cheap hydroelectric power has attracted a bitcoin miner to town,...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-7 01:00


Bitcoin (BTC) Price Technical Analysis: Sentiment Shift as Shorts Exit Positions Boosting Bitcoin Prices

After all, Bitcoin is on the verge of a new revival that may bolster prices and hopefully propel them above week ending Aug 12 highs-the all important level $7,200. Technically it’s a tall order gauging by the way Bitcoin buyers are struggling to build momentum that would thrust and sustain them above $7,000—a conservative buy.

2018-8-27 05:13