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Market Analysis – Page 124 – DIGIT INFO

Bitcoin Price Watch: Analysts Say the Currency’s Price Could Turn Around

At press time, the father of cryptocurrency has seemingly withered to just under $4,500. This is a major fall from its recent (and not so impressive) price of $6,300, though the market has ultimately stabilized a bit in recent days. Earlier this week, bitcoin was trading for just over $4,100, meaning a $300+ spike has … Read more

Bitcoin Price Watch: New Lows for Everyone’s Favorite Cryptocurrency

Bitcoin is in very bad shape. There’s no sugarcoating the facts. After falling to $5,500 a few days ago, the weekend took a nasty toll on the cryptocurrency’s price and bitcoin is now trading for under $5,000. The news is quite shocking. The father of crypto has fallen into the high $4,900 range, where it’s … Read more

Bitcoin Price Watch: Is the Currency Set to Drop Even Further?

At press time, the price of everybody’s favorite cryptocurrency has fallen back a bit to the $5,400 range. Yesterday, the currency was trading at just over $5,500, though it appears it’s found more comfort at a lesser spot. One of bitcoin’s biggest bulls has been Tom Lee of Fundstrat fame. Lee has repeatedly commented throughout … Read more

Bitcoin Price Watch: Currency Falls to Its Lowest Point in A Year

Boy, oh boy… Where do we even begin? The father of cryptocurrency is in a terrible state. After falling to $6,200 from its recent “high” of $6,500, bitcoin’s price has taken a major turn for the worse. At the time of writing, the currency has dropped down to approximately $5,500 – its lowest point since … Read more

Bitcoin Price Watch: Currency Drops Again, but Volatility Remains Low

At press time, the father of cryptocurrency has dropped by roughly $100 since our last price piece and is now trading for just over $6,200. The currency has been trapped in a serious slump for several weeks, where the trading range appears locked between $6,200 and $6,300. Some analysts – like Victor Dergunov – are … Read more

Bitcoin Price Watch: As a Store-of-Value, Bitcoin Is Unbeatable

At press time, the father of crypto is still trading in the $6,300 range, which is where it’s been for the past few days, and the likelihood of bitcoin spiking to $8,000 or $9,000 by the year’s end is growing smaller every day. One source claims that bitcoin has somehow stabilized, though to be fair, … Read more

Bitcoin Price Watch: Currency May Be Down, But It’s Still an Unstoppable Force

At press time, the father of cryptocurrency is back down in the $6,300 range. This is about $200 lower than where it has stood over the past couple of days. The currency made headlines after it rose back up to $6,500 following word that the Securities and Exchange Commission (SEC) was closing the public commentary … Read more

Bitcoin Price Watch: Currency Spikes by $100 Following Patrick Byrne Commentary

At press time, the father of cryptocurrency is trading in the $6,500 range. This is about $100 higher than where it’s stood over the past several days, and it appears we’re heading back to where we were in September and early October. Several factors must be accounted for when examining the sudden spike. For one … Read more

Bitcoin Price Watch: Arthur Hayes Says Currency Will Take a Downward Leap

At press time, the father of cryptocurrency has moved back up to the $6,400 range. This is a welcome change from its recent slow to $6,300 and presents a few interesting scenarios up ahead. For one thing, we know that bitcoin could potentially be recuperating from its recent $200 drop. The currency fell to $6,200 … Read more

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