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Posts published in “price”

Bloomberg: Bitcoin Price “Fading”, $1,500 Possible

After MarketWatch got lambasted for publishing a questionable op-ed regarding a Bitcoin mining “death spiral,” the financial media continued their bearish cryptocurrency coverage on Wednesday. More specifically, Bloomberg News, which covers the crypto industry round the clock, recently had its in-house analysts tout a $1,500 per BTC prediction — far below what many traders deem...

The post Bloomberg: Bitcoin Price “Fading”, $1,500 Possible appeared first on NewsBTC.

Crypto Bear Market Strikes: Ethereum Classic (ETC) Development Group Folds

While crypto’s unbridled optimists have done their best to keep this market afloat, incessantly imploring Bitcoin investors to “HODL” and “BUIDL,” their cries haven’t stopped a key Ethereum Classic development group from unfortunately capitulating. Ethereum Classic Ecosystem Loses Key Player Amid Market Tumult After a multi-month downturn in the cryptocurrency world, which has seen $700...

The post Crypto Bear Market Strikes: Ethereum Classic (ETC) Development Group Folds appeared first on NewsBTC.

Prominent Crypto Analyst: Bitcoin over $4,400 May Catalyze 10% Rally

As Bitcoin continues to toss and turn day-to-day, failing to establish a solid footing at a single support level, the crypto market’s preeminent analysts have assumed the mantle of forecasting where prices could head next. While some commentators are often lambasted for their dubious and baseless predictions, there remain voices of reason, who analyze crypto with...

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Crypto Investor: Bitcoin Has Yet To Bottom, But $4,200 Is a Steal

On Wednesday, after a multi-week sell-off that saw crypto assets toss and turn non-stop, investors in this market found some much-needed reprieve. In the span of 12 hours, Bitcoin surged past $3,800, establishing a five-day high at $4,375 on the back of an aggressive influx of buying pressure. And with this move, which saw the...

The post Crypto Investor: Bitcoin Has Yet To Bottom, But $4,200 Is a Steal appeared first on NewsBTC.

Price Predictions Roam Free As Bitcoin Stabilizes Above $4,500

Since the crypto industry’s monumental rise to prominence on a planetary stage, pundits and consumers alike have sought to predict where Bitcoin (BTC), a mechanism to achieve financial freedom, is bearing. While some have succeeded, by luck or other means, other wannabe soothsayers haven’t seen an ounce of success, to put it lightly. Regardless, in...

The post Price Predictions Roam Free As Bitcoin Stabilizes Above $4,500 appeared first on NewsBTC.

Bearish Sentiment Mounts As Bitcoin (BTC) Plunges Below $4,400

When an overwhelming number of cryptocurrency investors thought it couldn’t get any worse, it did. Bitcoin (BTC), after falling under $5,800 on November 14th, continued lower on Monday and Tuesday morning, moving under a multitude of supposed support levels at $5,000, $4,800, and, most recently, $4,400. Altcoins, save for XRP, followed close behind ‘big daddy Bitcoin’, posting similar losses of...

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Cryptocurrencies Plummet, Bitcoin Likely to Fall Further Says Analyst

After a week of poor performance, Bitcoin has continued its descent, and has now crashed below its previous 2018 lows of $5,500, setting fresh lows at $5,100. Bitcoin’s unprecedented drop has led many major altcoins to fall 10% or more, and according to one analyst, more blood is likely to come in the near future....

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Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic

Since Bitcoin found a foothold in the $6,200-$6,800 range in early-August, crypto traders have been doing their best to discern where this unpredictable market will head next. But, with positive crypto-centric news becoming commonplace, there has been an unprecedented number of investors, commentators, and industry leaders that have foreseen a bottom in the tumultuous cryptocurrency market. “Last...

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Why Is Bitcoin so Boring?

Why Is Bitcoin so Boring?

Whether you’ve made a small fortune or lost it, Bitcoin has certainly been a wild ride. Superlatives normally denote some interest if nothing else, but September was possibly the ‘dullest’ month for Bitcoin since records began. Element Digital Asset Management (EDAM) has been analyzing a number of theories as to why this has been the case — only to come up with a boring conclusion. What the Crunk Happened? Over the past few years, the price chart

The post Why Is Bitcoin so Boring? appeared first on Bitcoinist.com.

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