After Two-Year High, Will Bitcoin's Price Rise or Fall?
The price of bitcoin is back in the spotlight, but following weeks of sky-high gains, market observers are beginning to assess what could be next. After hitting two-year highs earlier in the week, bitcoin prices fell notably entering Wednesday, nearing correction territory after enjoying a sharp rally. However, several market observers asserted this decline was only temporary, and that the price could push its price higher in the coming weeks. Experts pointed to a number of factors, including rising volatility, the coming decline in bitcoin rewards and falling bond yields and the looming....
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The bitcoin price has undergone a healthy rise, and is hovering at around $668. Price expansions have been occurring on an incremental basis; anyone who expects bitcoin to strike the $700 mark overnight is undoubtedly expecting too much, yet it’s probably safe to say that should bitcoin continue its present route uninterrupted, it may hit such a point before the year is out. The most common suggestion for bitcoin’s subsequent rise seems to be the continued fall of the yuan in China. As the yuan and related fiat currencies continue to fall, Chinese traders have turned to bitcoin in order to....
Peercoin is often called the third cryptocurrency after Bitcoin and Litecoin. It even reaches $7 per coin sometimes. But along with that it has also fallen to $0.40 and below often, but has always found power to rise again. The PoS technology forever changed the cryptocurrency market, though Peercoin (PPC) has already quitted the stage. It is the fifth year of existence of this cryptocurrency which originates since the August, 2012. At the beginning of April, 2014 this coin appeared on the exchanges with an initial price of $0.38 - $0.42. Then Peercoin began falling and many were happy to....
As of February 15, 2022, Polygon token MATIC has scaled its price to $1.79 with a 24-hour price change of +11.14%. MATIC posted a low of $1.60 and a high of $1.79 with a trading volume of $1,196,485,293.19, up by 36.32% in the last 24 hours. According to Crypto Predictions, the price might rise as high as $2.300 throughout February and has the tendency to fall as low as $1.230. Some analysts estimate the price to hit $1.447, which is lower than what financial experts have set their sights on. Within the second quarter of 2022, the upward trend is forecast to increase. In April and June,....
Bitcoin has come far in this past year. Almost exactly one year ago, the Bitcoin price was almost at the bottom of the largest prolonged slump in Bitcoin history, having fallen from an all-time high of $31.91 in June to a bottom of $1.994 on November 17. Media attention on Bitcoin was almost universally negative, and Wired even ran an article entitled "The Rise And Fall of Bitcoin", leading many to think that the currency was by then essentially dead. But, as we now know, Bitcoin was far from over. After bottoming out just under $2, the price quickly rebounded, hitting a high of $7.22 when....
Dogecoin price has witnessed a steep fall in the past week. It lost 15% of its market value in that given time duration. Over the last 24 hours, DOGE fell by 0.7%. The current price action pointed towards a range-bound movement. If Dogecoin price continues to consolidate it might fall below its closest line of support. If the bulls attempt to rise the price of the altcoin higher than its current level then it might trade above its resistance mark. Ever since broad market weakness stepped in, many altcoins have fallen on their respective charts. The technical outlook of Dogecoin price....