Bitcoin drops below $35,000 for the first time since August
As the global market selloff spreads, cryptocurrencies were not left out as Bitcoin and other altcoins have also had their fair share of the market’s downtime. On Saturday, bitcoin values hit levels not seen since August, as a selloff in risky assets spread to cryptocurrencies. Bitcoin has already lost more than half of its value […]
Bitcoin might dip to $38K ‘before an eventual breakout’ warns analyst
The total cryptocurrency market capitalization is now $1.976 trillion, with Bitcoin commanding a 40% market share. On Jan. 18, the cryptocurrency market experienced yet another day of weakness as the price of Bitcoin (BTC) fell further, putting extra pressure on the altcoin market. Investors are currently experiencing “Extreme Fear,” according to the crypto Fear and […]
Trader warns BTC may break through the $30K lows of September
BTC/USD fell to $40,938 on Bitstamp overnight, according to TradingView data – its lowest level since September. Bitcoin could be aiming for a price over $42,400,000 The pair temporarily recovered at $42,000 but then continued to fall, surpassing the December liquidation cascade’s floor. Traders discussed the possibility of a similar crisis occurring, with specific objectives including […]
Bitcoin price: Price can reach $100k In ‘Hypothetical’ Store of Value Boost, says Goldman Sachs
It is no longer news that several crypto experts and enthusiasts believe Bitcoin will hit its all-time high of $100,000. Bitcoin can snare market share from gold over time as a “byproduct” of increased usage, as well as the prospect of “Bitcoin-specific scaling solutions,” according to Goldman Sachs’ co-head of foreign currency strategy Zach Pandl. […]
According to a cryptoanalyst, Bitcoin may be poised for new gains
Since December 23, this is the fourth day in a row that bitcoin has traded above $50,000, as $50K has become somewhat of a psychological support level. BTC may be primed for new increases BTC may be primed for new increases, according to cryptoanalyst Lark Davis , after breaking out of its recent downturn. After […]