This Analysis Suggests Bitcoin’s Price May Plunge 50% to the $3,000s, Again

This Analysis Suggests Bitcoin’s Price May Plunge 50% to the $3,000s, Again

Over the past month, Bitcoin (BTC) has absolutely exploded higher. In fact, the cryptocurrency is up around 40% since the low of $6,400 put in during December of last year. While many analysts have said that this jaw-dropping rally constitutes a macro reversal that will thrust BTC back into a decisively bullish phase, an analysis…

Continue Reading
Crypto Tidbits: Bitcoin Hits $9,000, Institutional Cryptocurrency Investment Spikes, NBA Team Uses Ethereum

Crypto Tidbits: Bitcoin Hits $9,000, Institutional Cryptocurrency Investment Spikes, NBA Team Uses Ethereum

Another week, another round of Crypto Tidbits. The past seven days have been quite, quite exciting for Bitcoin and its ilk. Per data from Coin360, BTC has gained 11% in the past week, rallying as high as $9,000 as buyers have stepped in en-masse. While already impressive in and of itself, what has been especially interesting…

Continue Reading
XRP’s Violent Rejection at Key Resistance Level Spells Trouble for What’s Next

XRP’s Violent Rejection at Key Resistance Level Spells Trouble for What’s Next

Overnight, Bitcoin faced a firm rejection after attempting to garner significantly further upwards momentum. This instantly led major altcoins like XRP and Ethereum to drop in tandem, shinning a light on some potential underlying weakness within the crypto markets. It is important to note that while the latest downwards movement by many altcoins may simply…

Continue Reading
Bitcoin Highly Bullish Despite Selloff; Here’s What Could Propel it to $10,000

Bitcoin Highly Bullish Despite Selloff; Here’s What Could Propel it to $10,000

Bitcoin and the aggregated crypto markets have incurred immense volatility over the past several days and weeks, which has come about as Bitcoin’s bulls and bears have engaged in an intense battle that has, over the past 24-hours, favored BTC’s bears. Yesterday evening the crypto rallied to highs of $9,200 before meeting significant resistance that…

Continue Reading