Tag: bitcoin price

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Bitcoin Price Analysis: BTC/USD Long-Term Reversal Underway?

Bitcoin appears to be gaining a bit more traction on its latest bounce, possibly creating a long-term double bottom pattern. This is seen as...

Analysts Believe a Bitcoin Short Squeeze is Unlikely

Bitcoin has had two upbeat weeks, but some analysts believe that a short squeeze for the cryptocurrency is unlikely. While the price of Bitcoin has...

Why Bitcoin Price Won’t See $10,000 by End of 2018

Forbes had originally predicted that Bitcoin price would hit $10,500 by the end of 2018, but now they say it won't hit $10,000 at...

Bitcoin Price Declines in Anticipation of SEC’s Decision on ProShares’ ETF

Bitcoin (BTC) marks a decline upwards of 1 percent in the last 24 hours in anticipation of the decision of the Securities and Exchange...

Bitcoin Price Analysis: BTC/USD Ceiling Holds, Back to the Floor?

Bitcoin was once again rejected on a test of an area of interest visible on the 4-hour time frame. Price could fall back to...

Bitcoin Price Analysis: BTC/USD Ready to Confirm Uptrend?

Bitcoin is still completing its inverse head and shoulders reversal pattern and is now testing the neckline. A break past the $6,600 level could...

Bitcoin Price Analysis: Potential Reversal Formation

Bitcoin could be done with its downtrend as it forms a classic reversal pattern on its 1-hour time frame. Price is completing the right...

Bitcoin Price Analysis: BTC/USD Looking at Upside Targets?

Bitcoin was able to break past a short-term descending trend line to signal that a reversal from the downtrend is in order. Price is...

Bitcoin Price Drop Prompts Suicide Hotline Postings

The recent drop in Bitcoin price has prompted many to post suicide prevention hotline numbers on forums and social media. There's nothing like seeing your...

Bitcoin Price Analysis: BTC/USD To Draw Support from Turkey’s Troubles, Too?

Bitcoin is still in selloff mode versus the dollar even after the cryptocurrency hit seven-month highs against the Turkish lira this week. Still, many...

Pantera Capital CEO Thinks Bitcoin Price Will Be “Much Higher a Year From Now”

Dan Morehead, CEO at prominent hedge fund Pantera Capital shared his take on the current Bitcoin environment, holding that the price would rise within...

Bitcoin Price Analysis: BTC/USD Long-Term Floor Holding!

Bitcoin is finding buyers at the long-term support that's held so far this year. A bounce could take it back to the top of...