2018-10-25 14:00 |
Bitcoin has leapt the two-month falling trendline hurdle, but that still failed to put a bid under prices. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s.
2018-9-24 21:29 | |
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In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s.
2018-9-4 00:27 | |
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According to Michael Saylor, enhanced corporate Bitcoin $BTC adoption will encourage more investment from multinational companies and asset managers.
Analysts see Bitcoin hitting $300,000–$500,000 by 2029, but compound growth rates and market cap constraints suggest the moonshot era may be ending.
Analysts say markets are under-pricing the AI data center pipelines of bitcoin miners Cipher and TeraWulf, with billions in signed leases ignored by investors.
Barstool’s Dave Portnoy plans to hold bitcoin until it hits zero after entering near the $100,000 top, highlighting a familiar retail capitulation pattern.
IREN awards $700M in stock to co-CEOs amid a $155M quarterly loss, raising questions about dilution and governance in the Bitcoin mining sector.
Ricardo Salinas Pliego allocates 70% of his portfolio to Bitcoin, predicts $1 million BTC, and advises converting home equity into it.
Bitcoin has fallen to 15th place among global assets by market capitalization. CompaniesMarketCap data placed BTC below several technology companies, Saudi Aramco, and newly listed SpaceX. The ranking came as Bitcoin traded near $63,800 with a market value of about…