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Bitcoin is “Fragile” as It Trades Below Multiple Crucial Levels

Bitcoin witnessed an intense influx of selling pressure yesterday that caused its price to reel down towards lows of $11,600 Although it was able to find strong support at these lows, this recent selloff forced it back below the $12,000 region This is a grim sign for its mid-term outlook, as it points to underlying weakness amongst the cryptocurrency’s bulls Analysts are now noting that it does appear to be in a “fragile” position This […] дальше »

2020-8-19 21:00


This Analyst Says a Bitcoin Target Of $50,000 To $100,000 by 2021 Is “Tame”

Bitcoin price may be falling once again into a downtrend and is at risk of revisiting bear market lows not seen since earlier this year. However, even targets of $50,000 to as much as $100,000 forecasted by Bitcoin’s highly-cited stock-to-flow model may be considered “tame” or “conservative” according to one respected crypto analyst. дальше »

2019-12-17 17:58


Analyst that called Bitcoin’s drop to $3,000 in 2018 says the “bottom could be in”

On Nov 25. , the price of Bitcoin fell off a proverbial cliff, tanking from $7,000 to $6,500 in a move that shocked traders the industry over. Since then, the cryptocurrency market has stabilized, with BTC, for instance, now finding itself nearly 15 percent higher than it was at the lows of that one fateful day. дальше »

2019-12-8 21:13