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Posts published in “btc price”

Bitcoin Price Analysis: Bulls Too Confident, Too Soon

Bitcoin price analysis

After the sharp decline for Bitcoin price yesterday retesting the low $3,500s we take a closer look at whats going on with the market. Bitcoin Price: 4-Hour Bitcoin Chart Bitcoin price has failed to regain the critical $3750 point of control so far this week and is still consolidating under it after being rejected by the $4k handle and scuppering the short term hopes of an inverse head and shoulders bottom. Last night saw the

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Bitcoin Price Drops Further As Circle CEO Says ‘Core’ Crypto Assets ‘Undervalued’

Circle CEO Jeremy Allaire has said he believes “core” cryptocurrency assets are undervalued as the Bitcoin price tumbles closer to $3500. Allaire: ‘Markets Are Oversold’ In a Reddit ‘Ask Me Anything’ session January 10, Allaire, whose company famously decoupled itself from Bitcoin in 2016, also forecast less correlated trading in altcoin markets. “My general perception is that the markets have been oversold and that some core assets have decoupled from their usage, which suggests they

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Bitcoin Price Analysis: Curb Your Enthusiasm!

Bitcoin Price analysis enthusiasm

Bulls made a surprising move but the follow through was less than satisfactory. Will Bitcoin price sustain above $4,000? Bitcoin Price: Market Overview At last, the bulls made a strong move but it is not as convincing as it could be. Regardless of what a weekly and monthly chart show, bullish analysts were clearly excited by this upside move and the press is hot with stories about trend reversals and a bullish start to 2019.

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‘Too Many Cars, Not Enough BTC’ – Morgan Creek Founder Selling Lambo for Bitcoin

Lambo lamborghini bitcoin

Founder of the digital asset management fund Morgan Creek Capital Management Jason A. Williams has put up his Lamborghini for sale for Bitcoin. Something ‘Never Done’ Before As the price of Bitcoin (BTC) continues to slide around 80 percent below its all-time high value of January 2018, the founder of Morgan Creek Capital Management Jason A. Williams has decided to do put up his Lamborghini for sale and buy Bitcoin with the money he gets. This,

The post ‘Too Many Cars, Not Enough BTC’ – Morgan Creek Founder Selling Lambo for Bitcoin appeared first on Bitcoinist.com.

Bitcoin Price Holds $4K As One Transaction Sets 2019 Volume High

Bitcoin price chart

The Bitcoin price was testing support at $4000 again January 7 after a sudden volume spike took the cryptocurrency 7 percent higher in minutes. Did One Whale Move Bitcoin Above $4000? Data from Bitcointicker confirmed a slight reversal for Bitcoin price the day after the uptick, which saw BTC/USD hit two-week highs to top $4200 Sunday. After remaining around those levels for around 18 hours, a U-turn set in, the price declining below $3800 before

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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. Bitcoin (BTC) , the world’s leading cryptocurrency in terms of market capitalization, had an unparalleled bull-run resulting in an ATH

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

Bitcoin died dead bitcoin obituaries

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 125 ‘obituaries’  in 2017, the frequency of which actually peaked right when Bitcoin was nearing its all-time high price of $20,000

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Bitcoin Price Caps Christmas Cheer as Stock Traders Receive Coal

stock market christmas bitcoin price

Bitcoin price fought off a full correction of its recent bull run December 25 as traders fled the “worst” Christmas Eve ever for stock markets. Bitcoin Price Retraces 10 Percent Data from across major exchanges delivered what many had expected for cryptocurrency markets Monday – a reversal of the bullish trend which at one point gave Bitcoin two-week gains of over 35 percent. At press time Christmas Day, BTC/USD was trailing around 10 percent lower at

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

santa rally bitcoin price cryptocurrency

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 Crypto The total cryptocurrency market cap managed to find support around the $100bn valuation level last week and rallied hard

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

Bitcoin price 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 and expected bitcoin mining difficulty in the coming years. The previous graph visualized the relationship between the bitcoin mining reward halving and

The post Bitcoin Price to $17K in 2020, Says ‘Unorthodox’ Mining Difficulty Prediction appeared first on Bitcoinist.com.

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