Bitcoin at “Last Line of Defense” Before ATH as it Hits $19,300: Analysts
The price of Bitcoin has surpassed $19,300 once again, after dropping to as low as $16,200 on November 26. Following BTC’s surprising intraday rally, analysts say it is preparing for an all-time high. There were convincing arguments for both bearish and bullish short-term projections for BTC. Most notably, when BTC dropped down to $16,200, it […]
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Analysts are still mostly bullish on the cryptocurrency's price, even at lofty levels compared with those just a few months ago.
Analysts think that Bitcoin may be primed to hit $20,000 after passing $14,000. An analyst said that it is just a “matter of time” before new all-time highs. Raoul Pal, CEO of Real Vision and a former hedge fund manager, agrees with this sentiment. Bitcoin Could Soon Hit $20,000, Macro Chart Shows Analysts think that Bitcoin may be primed to hit $20,000 in the near future (meaning next couple of weeks or months) after breaking […]
Bitcoin has dropped dramatically from the $16,000 highs, falling as low as $14,300 this weekend. Analysts remain optimistic that the cryptocurrency is set to resume its uptrend in the days and weeks ahead. One trader went as far as to say that the asset could move towards $17,000 or even $18,000 as the trends of this market remain positive. Bitcoin Could Soon Hit $17,000, Analysts Say Bitcoin has dropped dramatically from the $16,000 highs, falling […]
Bitcoin price achieved $550 in the Bitstamp chart, today. With Bitfinex already having spiked to $570, it looks like price will now correct the wave of advance before pushing higher. Technical analysis looks for confirmation of the move, as well as its potential targets. Bitcoin price continues drooping lower despite sustained, albeit low, buying volume. While the other exchanges drew sideways during the past 24 hours, Bitstamp made a bolt for – and hit – $550. By now, the 1-hour candle chart indicators are confirming the subsequent move lower: 1) the stochastics (top) would typically seek....