Tag Archives: bitcoin price

A Slowing of Grayscale Bitcoin Fund Inflows Could Prompt Price Correction: JPMorgan

A Slowing of Grayscale Bitcoin Fund Inflows Could Prompt Price Correction: JPMorgan

JPMorgan strategists have said the odds of a bitcoin correction would rise if flows into the Grayscale Bitcoin Trust slow down dramatically. Such a drop in flows into the largest bitcoin (BTC, -1.43%) fund would increase the likelihood of a price correction similar to the one seen in the second half of 2019, according to a note from […]

Bitcoin Price Prediction – Bitcoin Falls Under $11,000! How Low Will The BTC Price Drop?

Bitcoin Price Prediction – Bitcoin Falls Under $11,000! How Low Will The BTC Price Drop?

The Bitcoin price reached the $12,000 mark once again, but wasn’t able to break it. It is now undergoing a heavy correction as predicted in our last prediction! Where are the correction price targets? We wrote our last Bitcoin Price Forecast on August 18th. Here’s what we said when BTC traded at $11,506: In the weekly […]

Bitcoin adoption could grow because of its efficiency, billionaire Tim Draper

Bitcoin adoption could grow because of its efficiency, billionaire Tim Draper

While many people believe that the massive adoption of Bitcoin is somewhat tied around the mainstream acceptance of digital currencies in general, Tim Draper thinks there is more to it. In a Bloomberg report, the American venture capital investor said Bitcoin adoption could grow because of its efficiency. Bitcoin adoption accelerator Draper mentioned that the largest cryptocurrency […]

Bitcoin Price Falls Below $7,000, Another Retest of Lows Ahead?

Bitcoin Price Falls Below $7,000, Another Retest of Lows Ahead?

After Bitcoin price swept lows right before the Christmas holiday, many crypto traders thought that the bottom was in across the crypto market, and Bitcoin would head into the New Year with renewed bullish momentum. But after days of struggling to breach resistance, the crypto asset has now fallen below $7,000 once again and is at risk […]

Bitcoin Price Breaks Below $8,500, Are Bears In Complete Control?

Bitcoin Price Breaks Below $8,500, Are Bears In Complete Control?

Following the crypto asset’s historic 40% rally at the end of October, the leading cryptocurrency by market cap is once again bearish, and Bitcoin price has now broken below $8,500. Are bears back in charge completely, and if so, how far can Bitcoin price drop from here? Bitcoin Price Falls Below $8,500, Can Bulls Defend Once Again? […]

Bitcoin Price (BTC) At Risk Of Correction Below $10,000, Reverse FOMO Trigger?

Bitcoin Price (BTC) At Risk Of Correction Below $10,000, Reverse FOMO Trigger?

Bitcoin price is finally taking a much-needed breather, after rallying for five months straight and bringing crypto investors who bought the bottom as much as 300% returns before it was rejected at $14,000 per BTC. The current price action has Bitcoin price trading in the mid- to low-$10,000 rangefollowing last night’s “ugly” daily, weekly, and monthly close – […]

Bitcoin Price above $3,000 is Good News for Bulls: Analyst

Bitcoin Price above $3,000 is Good News for Bulls: Analyst

Bitcoin price above $3,000 is good news for bulls, according to Crypto Michael. The full-time trader and cryptocurrency commentator said bitcoin scaling between $3,000 and $5,000 was bullish, adding that a drop below $3,000 would result in an equally strong bullish makeover. “The future perspectives of BTC are brilliant, and we’ll laugh about $5,000 in some […]