Tag: bitcoin price

Oct 27 2021

Bitcoin Price Dip Similar to That of 2017

Oct 27 2021 Published at Coingape under tags  bitcoin bitcoin news bitcoin price markets

Bitcoin (BTC) has already dipped below $60,000, but overall BTC price action suggests that the amazing 2017 bull run is still in play. In fact, the current set of data comparing Bitcoin’s present halving cycle against its previous one shows just how exactly similar, 2021 is to 2017. Bitcoin repeats 2017 moves Despite Bitcoin having a The post Bitcoin Price Dip Similar to...

Oct 25 2021

Bitcoin Breaches Its All-Time High, But There’s Plenty More To Go

Bitcoin, perched atop the clouds, looks up at the moon with conviction.Summary Of The WeekIt isn’t every week that bitcoin sets a new all-time high, so this week was filled with celebration, especially as the first two bitcoin ETFs in the U.S. launched, sending retail investors into a buying frenzy as the green candles continue. With inflation in some of the...

Oct 23 2021

Indicators that Bitcoin price would truly slump multiple times in the coming months

On October 19, the first Bitcoin (BTC) exchange-traded fund (ETF) made its way to Wall Street, listing ProShares Bitcoin Strategy (BITO) which started trading on the New York Stock Exchange NYSE. The fund saw a little over $1 billion in trading volume at the end of its opening day, while Bitcoin price also rose to The post Indicators that Bitcoin price would truly...

El Salvador President Looking to Buy the Bitcoin Dip, But Wants a Better Discount

Bitcoin ($BTC) price recorded a minor correction over the past 24-hours, falling to a daily low of $60,122. The retrace comes just days after $BTC posted a new ATH of $66,973 on Wednesday. The price correction is now being seen as an opportunity by many to stack more $BTC. Nayib Bukele, the president of El The post El Salvador President Looking to Buy...

Oct 22 2021

JPMorgan Analysts Says ETFs Are Not Driving Bitcoin Price, Here’s What Is

Oct 22 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin etf bitcoin price btc etf

Much of bitcoin’s recent rally has been attributed to the tremendous success of the first bitcoin ETF to trade on Wall Street. The ProShares ETF had seen over $1 billion in trading volume in the first 24 hours alone. However, JPMorgan analysts do not believe that this is the driving force behind BTC breaking a new all-time high this week. Notwithstanding the hype...

Bitcoin Price Prediction – Why did Bitcoin Price Crash?

The cryptocurrency market recently saw a huge spike in prices. Bitcoin, the leading cryptocurrency by market cap saw a rise of more than 10% in the past 7 days. Today on the other hand was a red day. The cryptocurrency market on an aggregate level lost around 4%. Most investors are already dreading their sudden "leap of faith" and are regretting buying...

The Bitcoin Price Could Be Headed Toward Six Figures

Oct 22 2021 Published at Bitcoin Magazine under tags  bitcoin price deep dive markets

The bitcoin price is rebounding from a 56% price drawdown, post a 228% recovery. Historically what comes next is yet another massive recoveryThe below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

Oct 20 2021

Bitcoin Price Boom: Watch out for These Valuable Upcoming Airdrops to Profit Big!

The Bitcoin price is booming again and in such market cryptocurrency users are always in search of upcoming airdrops of various crypto projects. Those airdrops normally are sharing cryptocurrency tokens or coins for free, to various wallet addresses. They are executed as...

INSANE! Bitcoin Surpasses ALL-TIME HIGH and Eyes 70K! Here’s What’s Next

The day is finally here! Bitcoin managed to finally breach its all-time high price of USD 64,400. This led the entire cryptocurrency market to rally and push upwards. Volumes across exchanges are smashing high while investors who sat on the fence...

$65,000 Bitcoin: A New All Time High

History is made, Bitcoin crossed a new all time high! Let’s recap the price movement throughout the past couple years to see how we got here.Pop out the champagne, because we’re celebrating Bitcoin hitting a brand new all-time high of $65,000! We’ve come a long way these past two years, so let’s quickly recap how we got here and what we’re looking...

Oct 19 2021

Are Long-Term Holders Selling The Bitcoin Price Top?

Long-term bitcoin holders typically stack sats in bear markets and then sell some for profit at the local price top.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

Are Long-Term Holders Selling The Bitcoin Price Top?

Long-term bitcoin holders typically stack sats in bear markets and then sell some for profit at the local price top.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

Oct 17 2021

Bitcoin's Unprecedented Liquidity Can Explain Its Price Volatility

Oct 17 2021 Published at Bitcoin Magazine under tags  bitcoin price markets volatility

As the world’s most liquid asset, bitcoin’s price volatility in times of economic crisis likely reflects its independence, not lack of faith.In March 2020, major stock market indexes saw some of the worst price collapses in decades, as markets confronted the realities of the COVID-19 pandemic. Bitcoin was no exception to these economic strains....

Oct 15 2021

Quantifying The Bitcoin Supply Shortage

Bitcoin is at the lowest level of float supply in the last four years, since the price increased 21 times in just 12 months.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

As The Bitcoin Price Approaches All-Time Highs, How Much Supply Is In Profit?

As we approach bitcoin price all-time highs, we start to see the percentage of circulating supply in profit reach 100%.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

Oct 14 2021

Bitcoin Price Prediction – Can Bitcoin reach USD 100,000 before 2022?

Many have been anticipating a Bitcoin price of USD 100,000 back in the early days. From price predictions of USD 10,000 to USD 20,000 and USD 50,000, crypto analysts were being mocked by traditional bankers and analysts. For them, those valuations were crazy....

Oct 13 2021

Fidelity Director: $100,000 BTC By 2023, Fails To See Bitcoin Power

Jurrien Timmer showcased a profound misunderstanding of Bitcoin and its true potential on CNBC.Fidelity Investments director of global macro Jurrien Timmer appeared on CNBC today to discuss his bitcoin price prediction models, market outlook, and opinion on the current rally. Timmer...

Breaking: Miami Mayor Reveals Plan to Pay City Employees in Bitcoin ($BTC)

Miami city mayor Francis X. Suarez is a well-known known Bitcoin proponent who has been working towards making Miami a crypto hub in the US. Somewhere in the first quarter of 2021, Suarez has said that the city is planning to pay government employees their payment in Bitcoin and also allow citizens to pay city The post Breaking: Miami Mayor Reveals Plan to...

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