After Christmas Bitcoin’s Price Now Bearish

After Christmas Bitcoin’s Price Now Bearish

The day after Christmas saw quite a slide in the price of Bitcoin as it slid to a low of USD $415 early Saturday morning. A massive selloff in CNY pushed the digital currency’s value down 10% over the 24-hour chart within roughly 8 hours and has currently remained steady at $425 at press time (December 26, 2015). Volume in China has remained quite....


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"O Christmas Bit!"

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Christmas Eve Data: Ho-Ho-Holders of 1 Bitcoin Or More Grow Year Over Year

With Bitcoin price well over $20,000, chances are the cryptocurrency will be a topic during holiday dinner table discussions once again this year. Investors in “digital gold” in 2020 are especially merry right now, after a 500% rally from yearly lows. Data taken from each Christmas Eve to the next shows that it isn’t just holiday cheer that is spreading, and that wallets holding 1 BTC or more have reached their highest level historically. Christmas […]

Why Bitcoin will rise on Monday 23rd by more than 10%

Bitcoin has a tendency to spike on Monday and Tuesdays after a quiet weekend with little news. New money is flowing into the different Bitcoin-exchanges and people want more action. This time it is a bit special since it's the little Christmas eve. I believe that Bitcoin might rise with more than 10% on Monday. And here is why I believe so: There will be very little negative news about Bitcoin during the Christmas holidays. Governments (that can make most of the bad news) are off to their own holidays. People are in a happy mood where they want to see positive news. This will keep....