Here’s Why This Expert Thinks Bitcoin Prices Might Fall
The data on Bitcoin price movement shows that it has been struggling. Bitcoin has infrequently gone down to the $18K price in the past three weeks. It mostly maintained the $19K price level in the past week. It reclaimed the $20K mark on Tuesday last week but returned to its key level. As of Friday, it was trading at a price just above $19K. Related Reading: Glassnode Report Shows Bitcoin And Ethereum Derivatives Gain Massive Traction Although the price of Bitcoin has been low, its price movements have been quite steady. The same cannot be said about the majority of other digital assets.....
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The past few months have brought a rollercoaster experience for the prices of cryptocurrencies. The crypto market has been hovering due to the impact of macro factors. But the past 24 hours created a new move of strength in the market. Almost all the assets made positive moves to push the market into the green. The price of Bitcoin has gradually climbed to its critical level of $20K as the token amassed over a 2.5% uptrend. In the early trading hours of today, the BTC price reached $20,342. The bullish trend cuts across the altcoins and other crypto assets. Ethereum has crossed the $1,350....
Yesterday's Bitcoin price forecast came true, and a pair BTC/USD was in trade in the range of $380- $350. Currently, Bitcoin price is at the level of $351. However, now Bitcoin is in the middle of a correctional wave, and the price has found support at this level. At the same time, the possibility of further correction today is still possible, as the market is in a state of uncertainty. However, on an international scale the potential of growth for Bitcoin price is no where near exhausted yet. Soon after the completion of the correction, we may see a new growth spurt. On December 2, 2015,....
Bitcoin have retreated to a crucial area of support that served as the upper limit of the negative movement in late June at the 18,000 range. Bitcoin Breaks Crucial Level After falling below the bear flag at the middle of August, prices were able to fall further on a break of 20,000 before reaching a crucial area of support at around 19,600. Although it has just returned to action, this level has also served as a critical source of resistance for the leading cryptocurrency since 2017. BTC/USD falls below $20k. Source: TradingView This places a strong downward pressure on Bitcoin as it....
"No I won't fill up this space today. My body is enough." - Content NewsBTC is happy to report that its long time plan to secretly champion and eventually implement the controversial CoinDesk blockchain hard fork has finally come to fruition.
Reliable sources suggest that the successful execution of this three-year-in-the-making operation has served to unseat CoinDesk as the self proclaimed “world leader in news, prices and information on bitcoin and other digital currencies”, and propel NewsBTC to the top of the crypto food chain. Here’s what the puppet masters behind....
A seasoned market expert has shed light on Bitcoin’s current bearish performance, noting that the small price correction that has led to a significant liquidation of BTC positions is “healthy and reasonable,” addressing worries about its future potential. Bitcoin’s Bearish Move Not A Thing To Worry About? Bitcoin’s recent upward rally witnessed earlier last week […]