Cryptocurrency Analysis and News Portal
[sociallocker id="55298"] A number of analysts believe that at some point in the future, Bitcoin prices will touch the six-digit zone or $100,000 or more per unit. This price point has been predicted by a variety of experts and analysts including the stock-to-flow (S2F) proponent Plan B, financial analyst
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Bitcoin hashrate jumped 23 percent since May 26, signaling more miners are resuming operations on the cryptocurrency’s blockchain network.The rally also continued as Bitcoin’s mining difficulty dropped by over 9 percent on June 4.The rising hashrate indicates a slowdown in miner capitulation, which could assist in sending the bitcoin price
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[sociallocker id="55298"] The price of Bitcoin (BTC) has risen by 170% in the last three months from $3,600 to $9,700. Despite this immense 3 month recovery, a series of fundamental factors point to the possibility of another uptrend in the near-term.Three reasons Bitcoin is likely to see an upsurge are
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Since the $8,600 lows seen at the start of the week, Bitcoin has mounted a strong comeback, recovering to ~$9,800.A growing number of analysts, however, have said that the recovery is just noise in an otherwise bearish trend. They cite fractals and textbook patterns suggesting that it is only a
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[sociallocker id="55298"] On Thursday, the leading cryptocurrency keeps correcting, which is absolutely logical after the latest movements. Today Bitcoin is generally trading at around $9,500.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of Bitcoin price now.Miners brought down the sales volume of the BTC.The BTC is gaining speed – Novogratz.On
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[sociallocker id="55298"] As traders eye the biggest quantitative easing program ever undertaken, Bitcoin could outperform the wider market in 2020 with investors scrambling to keep up with a rapidly evolving and uncertain situation.Bloomberg provided its outlook on cryptocurrencies mainly saying that all signs point to Bitcoin going on the major
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[sociallocker id="55298"] The price of Cardano (ADA) has increased 60% in the week following Cardano co-founder Charles Hoskinson revealing the roadmap for the Shelley upgrade in a YouTube podcast with Lark Davis, aka Cryptolark. Shelley will see the network upgraded from a centralized network to a distributed one through the Shelley
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[sociallocker id="55298"] The price of Bitcoin (BTC) suddenly dropped from $10,000 to $8,600 on BitMEX as nearly $140 million worth of long contracts were liquidated. The pullback came merely 16 hours after BTC surged to $10,473, testing the dreaded $10,500 resistance level.Bitcoin typically sees a heightened level of volatility when
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After a relatively long stagnation phase, volatility has returned, and Bitcoin has done nothing but shoot up. Several indexes suggested that a price breakout was imminent. But nobody would have thought that the $10,000 resistance level will break so easily.The recent price action sent investors and market participants alike into
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[sociallocker id="55298"] Bitcoin managed to reach $10,000 again but failed to go higher. Mike Novogratz explained that the current situation in the U.S. is the reason for its growth. However, now BTC is below $9,500.Bitcoin (BTC) prices have crossed the $10,000 mark and fallen again, this happened as the current
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