Category: Bitcoin Price

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Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’

Bitcoin educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the coin’s price, the stakes are different to what you might think. Bitcoin (BTC) educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the cryptocurrency’s price, the stakes are different to what you might think.…
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Bitcoin Price Blasts Through Key $7.4K Resistance – Next Target $8.1K

Bitcoin has cleared a key resistance level at around $7,400 opening the door for the next test closer to $8K. Since dropping below the descending channel on Nov. 25, Bitcoin (BTC) has reclaimed $7,000, cleared some hefty resistance at $7,400 and now made its way up to above $7,500 by press time. Crypto market daily…
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PlusToken Scam Selling Could Dump BTC Price For the Next Two Months

Analysis shows bearish Bitcoin pressure may continue for the next two months if alleged ponzi PlusToken sells off what’s left of its 200k BTC war chest. This year has yielded significant price action for Bitcoin (BTC), both to the upside and to the downside. Bitcoin’s price recently fell to around $6,500 as selling pressure continues…
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Bitcoin Dives Below $7K as Upbit Confirms $50M ‘Abnormal Withdrawal’

News that South Korean exchange Upbit had lost control of 342,000 ETH appeared to send shockwaves through Bitcoin markets, which lost $7,000 support. Bitcoin (BTC) fell below $7,000 once again on Nov. 27 as fresh selling pressure suddenly impacted already fragile markets. Cryptocurrency market daily overview. Source: Coin360 Likely exchange hack rocks BTC price Data…
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4 Possible Reasons Bitcoin Dropped to $6.5K, According to VanEck Exec

China, tax moves and liquidity squeeze may have served to present a lethal combination, suggests Gabor Gurbacs, as Bitcoin circles $7,000. Bitcoin (BTC) price’s decline has come as a result of geopolitical and financial factors, a senior investment executive has suggested.  In a tweet on Nov. 25, Gabor Gurbacs, digital asset director at investment management…
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PlanB: ‘Rare Opportunity’ Can See Bitcoin Price Hit $10K in December

The father of the popular Stock-to-Flow Bitcoin price model says he would not be “surprised” if markets upended current bearish sentiment in the coming weeks. Bitcoin (BTC) returning to $10,000 next month may feel unlikely, but should not surprise anyone, says the creator of one of its most accurate price models. In a tweet on…
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Bitcoin Price: Strong Bounce at $6.5K Enough for a Bullish U-Turn?

Strong Bitcoin support at $6,500 resulted in a 13% gain today, pushing BTC back over $7K as key metrics point to a possible bullish reversal. Bitcoin (BTC) closed the week down at $6,900 having lost around $1,400 or 18.72%. Monday got off to a disastrous start for the bulls, with a selloff in the Asian…
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Bitcoin Price Drops to $6.5K as Traders Eye CME ‘Gap’ Bounce

Markets defend the critical Bitcoin price level after BTC/USD extends a week of rapid losses, which at one point totaled almost 25%. Bitcoin (BTC) dropped to within $15 of $6,500 on Nov. 25 after another day of significant losses obliterated previous support levels. Cryptocurrency market daily overview. Source: Coin360 Bitcoin comes within an inch of…
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Bitcoin Price Drop to $2.5K Possible if Bulls Fail to Retake $7,350

Bitcoin Price looks very weak, but could this just be investors taking their 2019 profits. Bitcoin (BTC) price took a seemingly unexpected turn over the last week as the digital asset shed nearly $2,000 over the past 5 days. Last Sunday Bitcoin looked strong with a peak at $8,727 but by Friday the price found…
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Bitcoin Price: Bullish Macro Trend Intact — But $6,800 Will Be Key

Bitcoin price is now at 6-month lows but is this the beginning of a new bear market or just the latest opportunity to “buy the dip”? As the price of Bitcoin (BTC) was retracing from the massive rally four weeks ago, no clear indications were seen on the charts of a potential reversal. Thus, the…
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