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What Could Drive Bitcoin Price Back to $5K?

Bitcoin has experienced some wild fluctuations again on Monday. Initially, it surged to a daily peak at $5,823 but then shed almost $1,000 to a daily low $4,857. What can bring the crypto back to a support level of $5,000? Trading Below $5k is New Norm Last Thursday, Bitcoin couldn’t resist the COVID 19-induced panic that crashed stock markets and broke below the $5,000 level for the first time since April 2019. On Friday things […] дальше »

2020-3-17 14:00


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Dan Tapiero Trumpets Bitcoin (BTC) As The ‘Only True Free Market In The World’

The price action witnessed in the bitcoin market over the last few days has been historic. Bitcoin (BTC) slumped to as low as $3,700 yesterday, before rebounding above $5K in a span of minutes. A similar trend was seen in the traditional markets with the Dow Jones experiencing its worst day since the “Black Monday” […] дальше »

2020-3-14 00:19


Bitcoin Paints V-Shape Recovery after Crashing to $3.8K; More Pain Coming?

Highlights: Bitcoin plunges to $3.8K for the first time since April 2019. The cryptocurrency’s deep dive came alongside a massive liquidation spree on the BitMEX crypto exchange. The price recovered by $2,000 but left the market in further distress, especially amidst the rising Coronavirus risks on global financial markets. Bitcoin fell to its 10-month low... дальше »

2020-3-13 15:31


BTC Price Still on Stock-to-Flow Track Despite ‘Extreme Fear’ & ‘Bearish Sentiment’

2020 started on a positive note. We kicked off this year at around $7,200 and climbed to above $10,500, recording about 45% gains on a year-to-date basis. However, the spread of coronavirus all over the world soon took over the global markets, which had bitcoin acting as a risk on market as well. As the […] дальше »

2020-3-10 18:36


February Cryptocurrency Trading Roundup – Bitcoin, Ethereum, and XRP Price Analysis

After a jaunty start to the year in January, it was to be expected that Bitcoin would stumble upon a corrective phase sooner or later. In a harrowingly bearish month for global markets across the board, Bitcoin wasn’t entirely immune to the circumstances, the cryptocurrency didn’t suffer to the same extent as heavily fiat-correlated assets. […] дальше »

2020-3-3 00:47