Cipher Mining Raises 2022 Hashrate Forecast by 0.5 EH/s
The firm attributed the increased hashrate guidance to improved machine allocation from rigmaker MicroBT. Original Source
Read More
Forecast
‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says
Bitcoin (BTC) may not crash below $30,000 and instead jump to $100,000 before sweeping its lows.That was the opinion of popular trader Credible Crypto, who on May 2 shared an updated view of how BTC price action might unfold.Trader prepares for lows to be "left untapped"As more and more voices
Read More
Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’
March 4 saw another day of seesaw price action for Bitcoin (BTC) and the wider cryptocurrency market as the global economic fallout from the ongoing conflict in Ukraine weighs heavily on a majority of the world’s financial markets. Data from Cryptox Markets Pro and TradingView shows that after holding $41,000 in
Read More
Bitcoin Price Prediction: Analyst Lowers The Forecast
It’s always a great time to be alive when you’re predicting the future of bitcoin. Panelists from various industries and fields have revised their predictions with us again, but they still think this cryptocurrency will hit new highs by 2022. Cryptocurrencies are not for the faint-hearted, but experts believe that
Read More
Bitcoin dips below $42K as new forecast says breakout ‘most probable outcome’ for BTC price
Bitcoin (BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuying another dipData from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding around 4% in 24 hours on Jan. 14.The pair had topped $44,450 on Bitstamp before the
Read More
Bitcoin tests traders’ nerves as analyst reissues $400K BTC price forecast
Bitcoin (BTC) was on repeat Dec. 2 as markets watched another attack on $60,000 end in defeat.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Nothing has changed"Data from Cryptox Markets Pro and TradingView showed BTC/USD back at $57,000 Thursday, having come full circle in 24 hours.The pair had briefly hit $59,000 into
Read More
Bitcoin surges into US open as forecast points to attack on $60K
Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: $56,000 may have been resistance flipData from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2% in an hour Wednesday, canceling
Read More
Bitcoin price dip matches October 2017 with BTC ‘explosion’ still forecast before 2022
Bitcoin (BTC) has dipped below $60,000 — but BTC price action is still mimicking the eye-popping 2017 bull run.The latest data covering Bitcoin’s current halving cycle versus its previous one shows just how similar 2017 and 2021 really are.Bitcoin prints more eerie 2017similaritiesBitcoin has had its ups and downs this
Read More
Bitcoin Price Forecast Calls For Chance Of Black Thursday Redux
Bitcoin price is making another attempt at the time of this publication to take back $50,000 and hold. With the Ichimoku indicator turned on, the leading cryptocurrency by market cap is also trying to hold above the cloud. Losing the cloud under similar circumstances the last time around, resulted in one
Read More