The Future of Bitcoin Price... Does it Depend on Us??
What is the future of bitcoin price? The simple answer is that we just don't know, and predictions will always be hard to make. Currently, bitcoin is hovering at around $217, another drop now placed in the books. It's depressing, of course, especially because there are so many of us that continue to have hope in bitcoin and think it will eventually jump back up, but so far this idea has been neglected. What's particularly annoying is the fact that last week bitcoin price was hovering at around $230, and then $255 before that, and then $265 before that. Price rose to above $300 following....
Related News
It’s no secret that Ethereum holds heavy influence over the altcoin market, with its price swings and general trend often influencing that of smaller altcoins Where they trend in the near-term may largely depend on Ethereum’s reaction to $600, as this has long been a key level for the cryptocurrency that has hampered its growth Breaks above here have been fleeting, with sellers largely controlling the region between $600 and $620 A firm break above […]
Bitcoin has been struggling to hold above $17,000, despite this being an important price level for the cryptocurrency Where it trends next will depend largely on whether or not bulls can continue building support at this level So far, each dip below it has been met with intense buy-side support that has allowed it to ascend Where it trends next will likely depend largely on its imminent price action It is important to note that […]
Bitcoin enthusiasts seem to have moved on from the cryptocurrency's free fall last year, as price has been hovering around $240 for quite some time. Some say that this is the new standard for the digital currency's price for the foreseeable future, as there are no more speculative trades that could push its value back to the $1,200 levels. Others believe that the cryptocurrency could have room to recover, although the focus might be on its practical usage rather than its value as an investment. Of course this could depend on how monetary authorities approach bitcoin and whether or not they....
The prospectus for Airbnb's IPO says its "future success" will depend on the rentals firm adapting to technologies like blockchain and cryptocurrency.
The structure of Ethereum’s upward trend is disrupted. Which direction wil Ethereum choose? Will the downward trend continue? An upward rebound off the long-term resistance line took place. Thus, Ethereum’s price has a chance to continue its downward trend. But for that, it needs to break through the bottom limit of the flat: a rebound off it can very well happen instead. For an upward trend to form, Ethereum’s price will have to fortify at the top limint of the flat, which is at $7.8. The future direction will depend on how will the traders behave at the flat’s limits. A fortification and....