Category: Bitcoin Price Prediction

Bitcoin Reaches Latest Highs, Inches Closer to $10,000

The happy days for the Bitcoin enthusiasts are back. Despite having many pessimists dismiss it as a passing fad, the top-ranking cryptocurrency has fought back and now, it’s just inches away from $10,000, which is about half of its all-time high price of around $20,000 of December 2017. Friday, June […]

Bitcoin Price & Technical Analysis: BTC is There and Backed Again

Photo: Shutterstock By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. The Bitcoin may have hard time in July. The largest South Korea bank to start using cryptocurrency. On W1, the major crypto reached 38.20% Fibo, and the uptrend stopped. The new target may lie at $6465, which is the support. Still, […]

Bitcoin Price & Technical Analysis: BTC Up by 65.50% Since Early May

Photo: QuoteInspector By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. The number of large amount BTC wallets is considerably up. What Awaits the Bitcoin? Opinions are controversial. According to Dial report, the number of BTC wallets with BTC 1,000 to BTC 10,000 has increased drastically over the last nine months. The number of […]

Bitcoin Price & Technical Analysis: BTC Correcting, and No Wonder

Photo: PxHere By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Bitcoin’s creator is still unknown SEC did not approve BTC ETF’s Craig Wright, an Australian scientist, was not the one who created Bitcoin. Who is Satoshi Nakamoto is still unknown. This conclusion was driven by the US Copyright Bureau: Wright is not […]

JP Morgan Analyst: Bitcoin (BTC) Trading Above Intrinsic Value

Analysts at Wall Street investment bank J.P. Morgan Chase believe that the price of Bitcoin has soared above its intrinsic value throughout 2019’s rally. According to new details emerging from the banking giant, JPM strategists are claiming that Bitcoin is trading above what they consider to be the digital assets […]

First Brexit, Now Trade Wars: Global Politics Driving Bitcoin (BTC) Investors

In April, after more than a year of falling prices, Bitcoin and the crypto markets took off on a bullish rally. While the initial price jump has been tied to a massive 21,000 BTC buy, geopolitical overtones at the time concerning Brexit contributed to the wave of investment interest. During […]

Bitcoin Price & Technical Analysis: BTC Heading Up Again

Photo: Tim Reckmann / Flickr By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. SEC postponed its decision on Bitcoin ETF again. eBay will not support cryptos. BTC Rallying: A medley of reasons. The SEC postponed its BTC ETF decision again. The matter has been discussed for over four months so far, […]