Bitcoin Cryptocurrency News

Bitcoin Price To $318,500 By October 2021 According To This Model

Popular cryptocurrency YouTuber recently posted a chart illustrating that if Bitcoin repeats its previous significant bull run from 2017, its price could exceed $300,000 by the end of 2021. Interestingly, this highly optimistic prediction corresponds with the well-known BTC stock-to-flow model. BTC To Over $300,000? Bitcoin price predictions are among the most commonly discussed threads Read more…

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Bitcoin Cryptocurrency News

Financial Author Thinks Bitcoin Is “Likely” To Become the World Reserve Currency

Bitcoin has faced down many setbacks over recent years. BTC trading has been banned by the Chinese government. Executives from Goldman Sachs and other institutions have come out against the cryptocurrency. And there still is a broad sense of mystery that surrounds Bitcoin and cryptocurrencies in the public, thus limiting adoption. Yet there remain prominent Read more…

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Bitcoin Cryptocurrency News

Bitcoin Price Must Break This Level to Turn Bullish Again

After breaking above $9,000 and finding support, Bitcoin price is seeking direction again. But the leading asset must cross over the $9,500 resistance to initiate another bull rally, analysts state. Bitcoin Price Bounces Off $8,550, Faces Resistance Above $9,000 Bitcoin price managed to bounce off the recent lows in the $8,500 range. But standing above Read more…

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Bitcoin To Reach New ATH In 2020 Following A Massive Sell-off: YouTuber MMCrypto Trader’s Digest

YouTube becomes an important video-sharing platform for the cryptocurrency community by the day. More and more people are starting to produce quality content, covering the field in its numerous aspects. If you’ve been following Bitcoin-related videos on YouTube, there’s a high chance that you’ve heard and stumbled upon MMCrypto’s channel. It’s among the fastest-growing channels Read more…

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Bitcoin Cryptocurrency News

Bitcoin Daily Golden Cross Forms, Bull Market Has Officially Arrived

Bitcoin (BTC) just added another huge factor to the bullish case, as a golden cross of the 50-day and 200-day moving average appears on the daily chart. Bitcoin 50-Day MA Crossed Over, Sparking Expectations of Big Rally Bitcoin prices managed to bounce quickly from a dip close to the $9,500 level. A recovery to $9,800 Read more…

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3 Reasons Why Crypto Markets Have Crashed Today

Last week, we were firmly back in bullish terrain with jubilant voices standing by bold predictions. Bitcoin and altcoins were all up with Ethereum leading the charge. This Monday, however, we’re back to a red crypto market. What Caused the Crypto Market Crash? As Bitcoinist reported earlier today, the weekend was savage for cryptocurrency. The Read more…

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Bitcoin Cryptocurrency News

Crypto Markets See Red as Bitcoin Begins Correction, How Low Will BTC Drop?

Market corrections are healthy and necessary after a long period of gains. Bitcoin remains above $10k this morning but pullback potential is growing as the altcoins start to see red. Crypto markets hit a peak total capitalization of $308 billion yesterday before one swift dump resulted in an $18 billion outflow. A very slight recovery Read more…

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Bitcoin Cryptocurrency News

Bitcoin to Beat Dow Jones to $40K, Affirms Thomas Lee

Perma-bull Fundstrat Managing Partner Thomas Lee calls this year’s Bitcoin rally ‘textbook’. Affirms that BTC could almost triple in 2020 and beat the Dow Jones to $40K. Thomas Lee Calls for a $40K Bitcoin On Jan 29, Fundstrat’s Managing Partner and Head of Research Thomas Lee claimed that Bitcoin was “re-entering” a bullish market. Specifically, Read more…