Bitcoin To Hit 100k This Year Despite Recent Price Slump – Experts Believe

Market Sentiment

The flagship cryptocurrency has been recovering from its recent slump of around the 46,000 range having attained ATH of $64,900 last-week. Despite recent panic, some analyst still expects six-figure Bitcoin prices this year. Pending any dramatic movement in price today, this is the first time in six years that Bitcoin will end the month of …

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Crypto News Digest April 18-24

Cryptocurrencies

18 April, 2021 $7.6 billion in crypto long positions have been liquidated over the past hour as bitcoin’s price plunged to $52,000. The subreddits for Dogecoin and CryptoCurrency added a combined 232,697 subscribers last week, far outpacing the growth of all other communities. For the first time, a Chinese government official has recognized the value …

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A Red Week But Bitcoin Still Bullish

Bitcoin Weekly Chart

A red week for Bitcoin and the cryptocurrency market. With only a few exceptions, almost every crypto experienced a decline this week. Bitcoin saw a stormy week in which the price dropped by a steep 20% to break beneath $50,000 and reach as low as $47,500 today.   Peter Brandt: ‘Laser eyes’ to blame for …

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Crypto News Digest April 11-17

Cryptocurrencies

11 April, 2021 Mass adoption may take crypto toward centralization. German Greens talk Bitcoin in their manifesto as Angela Dorothea Merkel, one of the longest ruling elected politician, steps down. Many analysts, including ones from Bloomberg, predict an unprecedented move to $400k. 12 April, 2021 Speculation went into overdrive in February when an anonymous Indian minister told Bloomberg …

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Bitcoin: Is $70k in Sight?

Bitcoin Record High week

A week that sees Bitcoin break above the stiff overhead resistance at $61,825.84, indicating the resumption of the uptrend. The sharp rally also completed the breakout from the inverse head and shoulders pattern that has a target objective at $69,540. Bitcoin traded at a record high of $64.5k this week. Will Bitcoin continue an upward …

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Crypto News Digest April 4-9

Cryptocurrencies

04 April, 2021 Gemini CEO and Bitcoin bull Tyler Winklevoss believes that the US government might be increasing regulations on Bitcoin, but the possibility of a ban on the cryptocurrency industry is very unlikely. On-chain data suggests no more selling by Bitcoin miners 05 April, 2021 Ark Invest believes Bitcoin’s (BTC) market capitalization will one day “comfortably …

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Bitcoin Price Stalls But Market Still Bullish

The digital currency giant started the month with another attempt to breach the $60,000 benchmark level. Unfortunately, it was unable to overcome this resistance through the week as it set a range between $60,000 and $57,000. Despite Bitcoin moved sideways over the last week of trading as it sits at $58,600, experts echo the likelihood …

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Crypto News Digest March 21-27

21 March, 2021 A year into the pandemic: How Argentina’s economy struggled while its crypto ecosystem flourished. As neighboring countries such as Canada and Brazil approve their first bitcoin ETFs, all attention is on the U.S. anticipating when the country’s financial regulators will green-light an ETF for the world’s largest cryptocurrency by market cap. SkyBridge Capital Founder: Bitcoin Will …

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