Data Shows Switch From ‘Hodlers’ to Speculators in Bitcoin in Last 6 Months
The number of short-term speculators now nearly equals the amount of long-term investors, new data from Chainalysis shows Go to Source Powered by WPeMatico
Bitcoin Price
Auto Added by WPeMatico
Bitcoin Set to Challenge Downtrend in ‘Next Couple of Days’, Says Fundstrat Advisor
Fundstrat’s Robert Sluymer predicts upcoming price breakout for Bitcoin “literally in the next couple of days” Go to Source Powered by WPeMatico
Bitcoin Price Watch: Currency Spikes to $7,700
At press time, bitcoin is trading at the $7,700 mark. This is the highest it’s been in several days after suffering through several small, but noticeable drops that brought it down to $7,300 during Tuesday’s early morning hours. One of the biggest bitcoin pushes recently came from an unlikely source: the SEC. Chairman Jay Clayton … Read more
Stock Analytics Firm Lowers BTC Year-End Price Prediction by Nearly 17%
Stock analytics firm Trefis lowers their year-end Bitcoin price prediction from $15,000 to $12,500, a decrease of nearly 17% Go to Source Powered by WPeMatico
Bitcoin Price Watch: Currency Jumps to $7,500
At press time, the father of cryptocurrency is trading for just over $7,500. This is a $100 spike from yesterday’s dreary $7,400, which bitcoin had previously fallen to from $7,600. It appears the currency is experiencing solid resistance at this mark, and how long it will stay there is difficult to predict. The price drop … Read more
Bitcoin Price: Will $7,600 Become the new Support Level?
After a very tough weekend, there is still ample positive momentum on the market as well. With all top 13 cryptocurrencies in the green, it is a rather odd sight given all of the negativity which occurred on Saturday and Sunday. While there are no major changes to speak of, the Bitcoin price is definitely … Read more
Bitcoin Price Watch: Currency Remains Firm at $7,400
At press time, bitcoin is trading for roughly $7,460, meaning there’s no change in its overall price. It’s a good sign in the sense that bitcoin hasn’t dropped any further – the current price is a $200+ drop from its recent $7,600 high – though it’s disappointing that bitcoin is still struggling to surpass present … Read more
CNBC: Google Searches for Bitcoin Down 75% Since Early 2018
Google Trends data for “Bitcoin” web searches shows a decline of 75 percent in 2018 so far, as well as slow growth in new wallets Go to Source Powered by WPeMatico
Bitcoin Price Watch: Currency Falls to $7,400
The $7,400 – $7,600 range is proving difficult for the king of crypto to handle. Bitcoin is struggling to maintain its ground in the mid $7,000s, and has again fallen $200 below where it was trading during yesterday’s afternoon hours. This position had previous been held for roughly two days, and it was widely wondered … Read more
Fundstrat Analyst Claims Bitcoin’s Bottom Is In
There are still a lot of genuine concerns over the future of the Bitcoin price. Considering that the first half of 2018 has been anything but positive, more bearish pressure can be expected. Fundstrat strategist Robert Sluymer, however, is confident that the worst is behind us and that Bitcoin has bottomed out. What’s Next for Bitcoin? Compared to … Read more