Bitcoin Price Analysis: $4000 in Sight After Last Week’s Bullish Move

As Bitcoin price finished the week with a strong move to the upside, we take a look at what this means for the Bulls and Bears heading into the week. Weekly Chart Bitcoin price closed the week at $3,650 (+6.9%) after finding support at the 50 week moving average, which propped the price up above […]

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Bitcoin Pioneer: Next BTC Price ‘Act’ Will See $250K

Mark Jeffrey, author of 2013 book, ‘Bitcoin Explained Simply’, remains bullish on the future of bitcoin, despite the current climate. Drawing analogies to a supercharged dot-com boom-and-bust cycle, he predicted future growth to a price of $250,000. Coin Wars We may be currently experiencing crypto-winter, hodling together for warmth, but Mark Jeffery thinks this should […]

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BTC Price Historic Yearly Lows Reveal How Bitcoin ‘Hodlers’ Are Created

BTC price is currently sitting at yearly lows though it is still around 400 percent higher than 2017’s low. In fact, a historic look at yearly lows reveals the massive Bitcoin price gains and how ‘hodlers’ are potentially created.  BTC Price: A Different Perspective 2017 was the year of all-time highs (ATH) values in cryptocurrencies. […]

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Bitcoin Grew 82,000% in 7 Years But ‘Died’ 91 Times in 2018

Bitcoin died 91 times in 2018 alone and 337 in total. But despite the latest bear cycle, hard data shows that Bitcoin has grown with more than 82,000 percent in the last 7 years.  Bitcoin ‘Died’ 91 Times in 2018 According to website Bitcoin Obituaries – there were 91 publications in 2018 proclaiming Bitcoin’s demise. Interestingly, there were […]

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Cryptocurrencies Get ‘Santa Rally’ To the Envy of the Stock Market

As the final week before Christmas comes to a close, the cryptocurrency market closes out a well needed ‘Santa Rally’ to the envy of the traditional markets, we take a closer look at what happened with the top cryptos and if an end is in sight to the twelve-month bear market. Christmas Santa Rally for […]

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Bitcoin Price to $17K in 2020, Says ‘Unorthodox’ Mining Difficulty Prediction

An ‘unorthodox prediction’ of mining difficulty increases puts the bitcoin price somewhere around $17,000 in 2020 — due to the possible power law relationship between the two. Bitcoin price and difficulty ‘power law relationship’ Twitter user @100trillionUSD is back again with another intriguing chart — this time plotting the relationship between BTC price 00 and […]

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Real Reversal? Yesterday Was The Highest Volume Day in Bitcoin History

Cryptocurrency analysts were celebrating December 21 after Bitcoin posted its biggest daily trade volume in history. 2.3M Daily Bitcoin Volume Data compiled by the fund manager known on Twitter as Crypto Quantamental confirmed Thursday had become the day with the single largest amount of BTC changing hands – a total of 2,266,735 BTC ($9.1 billion). […]

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Market Analyst Tom Lee Says ‘Fair’ Price of Bitcoin is Over $13K

Fundstrat Global Advisors Head of Research, Tom Lee, holds that the current price of Bitcoin is wrong based on a range of factors. The BTC permabull has also refused to give any further price predictions.  Bitcoin’s Fair Value Between $13,800 and $14,800 According to Tom Lee, the current market conditions for Bitcoin are wrong. Bloomberg reports that the […]

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