Fractal Analysis: Bitcoin Price Will Rocket 35% Higher Ahead of Halving

2020-4-19 07:33

Despite the overarching risks of an economic recession, Bitcoin has performed well over the past few weeks, rallying higher and higher over week after week, shunning off bearish narratives. In fact, since the $3,700 bottom, the cryptocurrency has gained over 80%, reaching as high as $7,500 but now trading at $7,050 as of the time of this article’s writing.

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Bitcoin (BTC) на Currencies.ru

$ 61946.74 (-0.01%)
Объем 24H $28.707b
Изменеия 24h: 0.47 %, 7d: -2.67 %
Cегодня L: $61494.57 - H: $63088.03
Капитализация $1220.234b Rank 1
Цена в час новости $ 7240.41 (755.57%)

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Here’s Why Bitcoin Could Rip to the Upside, Moving Past $8,000

Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000, then potentially higher to recover some of the strong losses the asset incurred at the start of the week.

2020-3-12 01:48


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Why Analysts Expect More Upside After Bitcoin Just Broke $10,000 (Again)

Over the past 36 hours, Bitcoin has finally started to show signs of strength after the brutal 10% sell-off earlier this week. From the week’s most traded price at $9,600, the cryptocurrency has pressed higher to $10,000 as of the time of writing this, seemingly to establish a short-term candle close above this crucial psychological level.

2020-2-24 03:37


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XRP is the only major altcoin underperforming against Bitcoin, so is a rally inevitable?

In comparison to other leading altcoins like EOS, Cardano (ADA), and Ethereum, XRP is still lagging behind bitcoin even after an 80 percent rally against the USD since the first week of January. Analyst says XRP should be higher than where it is now According to Luke Martin, the price of XRP should be 11 […] The post XRP is the only major altcoin underperforming against Bitcoin, so is a rally inevitable? appeared first on CryptoSlate.

2020-2-16 19:00


What Pushed Bitcoin Up 65% in 2 Months? Top Fund Manager Explains

Since the middle of December, Bitcoin has been on an absolute tear higher, rallying from $6,400 to $10,550 earlier this week, per data from TradingView. This marks a surge of over 60%, meaning that the cryptocurrency outpaced a majority of other multi-billion-dollar assets save for Ethereum, XRP, and Tesla. This strong surge comes shortly after...

2020-2-15 07:00


Bitcoin Just Surged to $9,400: Why Traders Think Price Will Explode Even Further

Welcome back bulls. Over the past few hours, Bitcoin (BTC) has begun to surge higher again per TradingView, with buyers finally stepping in after last week’s 11% decline. Since hitting $8,200 late last week, the price of the leading cryptocurrency has exploded higher, surging to just shy of $9,400 minutes ago as of the time... The post appeared first on NewsBTC.

2020-1-29 02:52


Why Has Bitcoin SV (BSV) Plunged By 40% From Its $450 Peak?

Aside from Bitcoin, there’s almost no other crypto asset that has been talked about as much as the Satoshi Vision fork (BSV) over the past week. The past seven days for the now-fifth largest cryptocurrency by market capitalization have been rather tumultuous, with the cryptocurrency starting the week off flat to explode higher from just... The post appeared first on NewsBTC.

2020-1-18 09:00


Why a top executive expects Bitcoin to surge 150% in 2020

Bitcoin (BTC) has had a great start to 2020, rallying 16 percent higher from the $6,800 lows put in last week. Although some say it is too early to tell if the cryptocurrency market is out of a bear phase, a top executive is convinced that Bitcoin will perform extremely well over the next 12 […] The post Why a top executive expects Bitcoin to surge 150% in 2020 appeared first on CryptoSlate.

2020-1-10 10:30