bitcoin bulls

Experts See Bitcoin Rallying to 20000 Before End of the Year – Here are the Reasons

Experts See Bitcoin Rallying to $20,000 Before End of the Year – Here are the Reasons Bitcoin is down by over 40% from the 2019 high of $13,880. Any other asset plunging by 20% or more would have been in a bear market. But not the king of cryptocurrencies. Bitcoin has retraced by more than 40% in previous bull runs and many market participants are comfortable holding the cryptocurrency. To prove our point, we asked experts what are their year-end…

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Precipitous 20 Bitcoin Price Plunge to 8000 Caused by TradersData

Precipitous 20% Bitcoin Price Plunge to $8,000 Caused by Traders Data   Bitcoin hasn’t had the past ten days. Since the Sunday before last, the price of the cryptocurrency has shed some 15%, leaving many traders stumped as to what in the world took place to send digital assets plummeting.   Cynics of the Bitcoin market have suggested that the rally to $14,000 and the subsequent dump was “one final pump and dump” enacted by whales. Gold proponent Peter Schiff, for…

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Bitcoin Pullback Nothing to Worry About Bull Market Will Follow

Bitcoin Pullback Nothing to Worry About, Bull Market Will Follow Every time Bitcoin dumps a double digit percentage panic floods the crypto community and the doom merchants start rejoicing. This has happened so many times before and every dump has eventually turned into a sustained rally. Nothing is new this time as previous corrections have shown. Bitcoin Market in 2013 Compared to Now Observing previous market movements may help us predict the current one. Naturally things are very different in…

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Mark Yusko – Everyone Should Be Purchasing Bitcoin

Mark Yusko – Everyone Should Be Purchasing Bitcoin   When it comes to bitcoin, most analysts seem split right down the middle, with some like Warren Buffett telling us to avoid it all costs, and hedge fund manager Mark Yusko telling us to buy it at all costs. Yusko: BTC Is an Important Asset In a recent interview with CNBC, the CEO of Morgan Creek Capital told his listeners to “buy it” when it came to bitcoin and said that…

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Bitcoin price analysis -BTCUSD dumps as Bakkt post 600000 Bitcoin futures sales

Bitcoin price analysis – BTC/USD dumps as Bakkt post $600,000 Bitcoin futures sales Bitcoin dumped further from the pivotal $10,000 to refresh last week’s low at $9,600. A shallow recovery has ensued with BTC stepping above $9,700 but the path of least the least resistance is still to the downside. Bitcoin bearish price action is still pressing against key support areas. For four straight days, the largest cryptocurrency has wallowed in red rough waters. The return below $10,000 seems to have…

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Bitcoin – 0 or 100000?

Bitcoin – $0 or $100,000? Bitcoin has long toiled in obscurity. Despite the cryptocurrency now being valued at some $180 billion — the size of a large Silicon Valley firm — it is still relatively small in the grand schemes of things. Yes, it is one of the largest base monies in the world, but is still pitiful when put up against the size of, say, the equities or housing markets. Some cynics have postulated that this is the biggest…

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Market speculators hold net short positon of Bitcoin futures

Market speculators hold net short positon of Bitcoin futures WASHINGTON, Sept. 20 (Xinhua) — Data from the U.S. Commodity Futures Trading Commission on Friday showed that market speculators held net short position of Bitcoin futures this week. For the week ending Tuesday, non-commercial investors, commonly treated as market speculators, held a net short position of 1,070 Bitcoin future contracts while the total amount of the future contracts held by speculators decreased. Meanwhile, commercial traders, commonly treated as hedgers, still held…

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Something Very Strange Is Going On With Bitcoin And BTC Google Searches

Something Very Strange Is Going On With Bitcoin And BTC Google Searches Bitcoin and cryptocurrency prices are well known to be closely tied to media and general public interest–-though that could be changing. The bitcoin price has been climbing so far this year, rising some 200% since January, though has recently plateaued at around $10,000 per bitcoin after peaking at more than $12,000 in June. Now, it appears Google searches for bitcoin and BTC, the name used by traders for…

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Crypto Market amp Bitcoin Rebounding – BCH Litecoin TRX XLM Analysis

Crypto Market & Bitcoin Rebounding – BCH, Litecoin, TRX, XLM Analysis   The total crypto market cap bounced back sharply after testing the $245.0B support area. Bitcoin price is back above the $10,000 and $10,100 levels, with positive signs. Litecoin (LTC) price is showing positive signs and it could soon revisit the $80.00 resistance. BCH price is gaining pace and it could rise towards the $325 and $340 resistance levels. Tron (TRX) price settled above the $0.0170 level and it…

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Bitcoin Gets a Blow of 1 Falls below 10300

Bitcoin Gets a Blow of 1%; Falls below $10,300 Bitcoin loses 1% in the last 24 hours and goes below 10,300 USD. The next resistance may come at 10,481 USD. Bitcoin has almost lost 1% over the last 24 hours and ditching the growth pattern it is now below 10,300 USD. The trading range of Bitcoin’s price in the last one day has been between 10,380 USD and 10,102 USD. The medium-term outlook is expected to be bullish. BTC to…

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