Tom Lee Has a New Price Target for Bitcoin – USD 40,000
Bitcoin is just at the beginning of its bull run, and it will easily surpass its all-time-high, said Fundstrat Global Advisors’ research chief Tom Lee.
Bitcoin is just at the beginning of its bull run, and it will easily surpass its all-time-high, said Fundstrat Global Advisors’ research chief Tom Lee.
BITCOIN HAS BEEN TRYING TO FORM A BOTTOM SINCE THE DECEMBER LOWS. Given the 2018 collapse – and the various false starts we witnessed along the way – this technical pattern has not encouraged much excitement yet. That’s understandable. However, this time, BTC has company. Yes, other Cryptos are showing similar formations, but it’s the […]
HIGHER LOWS HAVE BEEN ELUSIVE IN THE CRYPTO SPACE FOR QUITE SOME TIME. As Bitcoin (BTC) retraced its meteoric 2017 rise last year, sentiment plummeted, along with trading volume. Now, in early 2019, not much has changed… or has it? The most constructive part of the 2018 crash was BTC’s ability to hold above the […]
Jeff Sprecher, chairman of the New York Stock Exchange, says bitcoin and other digital assets are here to stay.
Bitcoin price is moving lower towards the last low against the US Dollar. BTC/USD could accelerate declines below if there is a break below the $5,200 support.
WHILE TRADING VOLUME, VOLATILITY AND SENTIMENT HAVE PLUMMETED IN 2018, BITCOIN (BTC) HAS BEEN TRENDING ALL YEAR – TO THE DOWNSIDE. This fact has been exceedingly frustrating for just about everyone involved, but its meteoric rise and fantastic crash is a familiar story: A new concept is introduced and supported by a small amount of […]
AS THE GLOBAL MARKETS HAVE SEEN VOLATILITY EXPLODE IN RECENT WEEKS, THE EXTREME PRICE ACTION IN BITCOIN HAS ALL BUT VANISHED. Think about this, since 10/16/18, the S&P 500 (SPX) has experienced seven +/- moves of least one percent. Over that same time frame, BTC has seen just one on 10/29… In 2017, the […]
Ripple price predictions 2018. Ripple is one of the largest cryptocurrencies in the market. With such a large market cap, many of the investors are trying to figure out whether the Ripple can rise more during this calendar year. We will today shed some light on Ripple price predictions 2018:
Back in late August, news broke that the SEC was reviewing nine earlier rejected Bitcoin (BTC) ETFs. What happened is that the rejections were as a result of the Commission delegating some tasks to its staff. The staff had acted on behalf of the Commission and followed through with rejecting the 9 Bitcoin ETFs.
For those investors feeling skeptical about Bitcoin, shorting the cryptocurrency is a possibility.