Bitcoin Drops Below $12K After Biggest Daily Price Move Since January 2018

Bitcoin Drops Below $12K After Biggest Daily Price Move Since January 2018

Bitcoin is witnessing a technical correction a day after printing the biggest one-day trading range since January 2018. The leading cryptocurrency by market value is currently trading at $11,780, representing a 15 percent drop from the 17-month high of $13,880 hit on Wednesday. The double-digit pullback has come after a near 90-degree price rise from […]

Bitcoin Price Could Reach $100,000 Says Recognized Crypto Analyst

Bitcoin Price Could Reach $100,000 Says Recognized Crypto Analyst

The recognized crypto analyst and chartist, Peter Brandt, wrote a tweet in which he shows that Bitcoin could eventually reach $100,000. He commented that the most popular virtual currency is currently experiencing its fourth parabolic phase that dates back to 2010. Bitcoin has recently surpassed $10,000. Bitcoin Could Reach $100,000 According to Peter Brandt, Bitcoin is currently […]

Bitcoin (BTC) Price Analysis: Breaks Winning Streak but Tom Lee Sees BTC at New Highs

Bitcoin (BTC) Price Analysis: Breaks Winning Streak but Tom Lee Sees BTC at New Highs

BTC/USD, the most popular trading pair closed the trading on Tuesday breaking the 11-months daily win. Bitcoin’s price posted losses of 2.87% yesterday after Bitcoin had recorded between 2-5% increase for the last six days before yesterday. The six-day winning streak elevated BTC from the region above $8,100 to level around $9,480. Experts have connected […]

RavenCoin Price Analysis RVN / USD: Phoenix Rising

RavenCoin Price Analysis RVN / USD: Phoenix Rising

Fundamental Analysis RavenCoin has surged after the project has announced listing on the Crypto.com. Users will be able to purchase RVN using bank transfers and credit cards, which should increase the adoption and liquidity of the coin. RavenCoin / USD Short-term price analysis RavenCoin has a bullish short-term outlook, with the cryptocurrency still trading above major technical support on […]

BITCOIN TO $40K IN THE NEXT FEW MONTHS, SAYS TOM LEE

BITCOIN TO $40K IN THE NEXT FEW MONTHS, SAYS TOM LEE

BITCOIN AT $10,000 WILL TRIGGER MASSIVE FOMO According to Bloomberg, Tom Lee expects bitcoin to go as high as $40,000 within the remainder of 2019. The Fundstrat co-founder and chief analyst conveyed his forecast in a note to clients issued on Monday (June 17, 2019). For Lee, FOMO-driven hype will fuel BTC’s 400% price climb causing the top-ranked cryptocurrency to […]

Tom Lee: If Bitcoin Price Exceeds $10K, It Could Go to $40K Within Five Months

Tom Lee: If Bitcoin Price Exceeds $10K, It Could Go to $40K Within Five Months

At yesterday’s 2019 CryptoCompare Digital Asset Summit in London, Thomas Lee, Co-Founder, Managing Partner, and the Head of Research at independent research boutique Fundstrat Global Advisors, gave an electrifying talk, during which he explained why “full blown” FOMO (fear of missing out) would only start once the Bitcoin (BTC) price goes above $10,000, and said that if this happens, the BTC […]