Bitcoin Price Analysis: BTC Breakthrough Means $5,000 Now In The Cards

After peppering the $4,000 price point for days, Bitcoin price closed over above the $4k barrier for the first time in March. Let’s take a closer look at the price action to see it there is any sign that this time the price level can be maintained. DAILY CHART The Daily Bitcoin chart clearly shows…

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Bitcoin Holds Above $4000, Prepares for the Next Rally

Photo: Simple FX / Flickr Over the last weekend, the crypto market and Bitcoin showed a healthy northward movement. Over the last three days, the overall cryptocurrency market cap grew by $5 billion. Bitcoin (BTC) too was able to surge past the $4000 benchmark and is successfully holding up to those levels. At the press…

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Bitcoin Price Analysis: BTC/USD is Preparing for a Big Move

Photo: CafeCredit.com / Flickr Key Highlights: The breakup of the $4,050 Bitcoin price level will expose $4,254 resistance level; consolidation is ongoing in the BTC market; the coin may find its low at $3,774 price level. BTC/USD Medium-term Trend: Ranging Resistance levels: $4,050, $4,254, $4,692 Support levels: $3,903, $3,774, $3,637BTC/USD is moving sideways on the…

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Bitcoin Price May Re-enter Bear Market, Warns Analyst (As Altcoins Gain Favor)

The Bitcoin (BTC) price may soon resume its downward trajectory despite mounting technical robustness, an analyst has claimed.  ‘Ripe To Resume Lower Prices’ Bloomberg Intelligence analyst Mike McGlone identified diminishing daily returns this month, suggesting an imminent continuation of Bitcoin’s bear market. Bitcoin (BTC) had buoyed investors in February, with average daily gains approaching 0.6…

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Bitcoin Price Analysis: BTC/USD Trends of February 25–March 03, 2019

Photo: QuoteInspector Key Highlights: The breakout of the consolidation phase confirmed on Bitcoin market; in case the support level of $3,679 does not holds, $3,241 will be the BTC target; the bullish momentum may continue increasing. BTC/USD Long-term Trend: Bullish Resistance levels: $4,237, $4,692, $5,209 Support levels: $3,679, $3,257, $2,765BTC/USD is bullish on the long-term…

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Is $1,000,000 for Bitcoin Real? IBM's VP of Blockchain Jesse Lund Thinks It Is

Photo: QuoteInspector Bitcoin (BTC) continues to be the darling of global investors despite the recent crypto winter. Recently, Jesse Lund, VP of Blockchain and Digital Currencies at IBM showered praises on Bitcoin. Mr. Lund remains ultra-bullish on the future of Bitcoin in the long term. In a recent interview published by Finder.com on YouTube, Mr. Lund…

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Bitcoin Price Analysis: Bulls and Bears Starting to Feel the Pinch

Bitcoin price ran up to $3700 but that moved has been capped for almost a week, with price meandering in a tight range with failed breakouts to both the up and downside much to the frustration of the bears and the bulls.  This now looks as though it could be coming to a conclusion. Bitcoin…

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Bitcoin Price Analysis: $4000 in Sight After Last Week's Bullish Move

As Bitcoin price finished the week with a strong move to the upside, we take a look at what this means for the Bulls and Bears heading into the week. Weekly Chart Bitcoin price closed the week at $3,650 (+6.9%) after finding support at the 50 week moving average, which propped the price up above…

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Cryptocurrency Market 'Vulnerable' to Lower Lows, Says Fundstrat Strategist

Fundstrat Global Advisors strategist Robert Sluymer has warned that Bitcoin and the cryptocurrency market as a whole are displaying signs of vulnerability.  ‘Price Structure Remains Weak’ Robert Sluymer from Fundstrat Global Advisors has said in a note Wednesday, February 6th, that Bitcoin 00 and most of the cryptocurrencies display signs of vulnerability, Bloomberg reports. The expert’s take…

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Ethereum Price Analysis: Back to the Eighties?

After Constantinople’s fall, Ethereum price appears set to dip below $100 and possibly return back to the $80s. Will the rescheduled Constantinople upgrade pump ETH again? Ethereum Price: Market Overview Let’s rewind back to January 16, yes the long-awaited arrival of Ethereum’s Constantinople upgrade. Up to that point, Ethereum had staged a fantastic rally from…

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Bitcoin Hovers Under $3,450 as All Top Cryptos See Moderate Losses

Thursday, Jan. 31 — all of the top 20 cryptocurrencies are reporting moderate to heavy losses on the day by press time. Bitcoin (BTC) is hovering under $3,450 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down just 1 percent on the day, trading at around $3,449, according to…

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Bitcoin Price Struggles As Crypto Market Cap Nears $100 Billion Support

Bitcoin price fell 3 percent to lose support at $3500 January 28, abruptly ending a week in which volatility hit its lowest levels in over two months. Bitcoin Price Struggling Amid Low Volatility Data from Coinmarketcap showed the knock-on effect of Bitcoin (BTC) aiming downwards Monday, with altcoins in the top twenty cryptocurrencies by market…

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Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 11

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. When a price is forming a bottom, it…

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Bitcoin Dips Below $3,700 as All Top Cryptos See Severe Losses

Thursday, Jan. 10 — all of the top 20 cryptocurrencies are seeing severe losses in the 24 hours to press time. Bitcoin’s (BTC) price has dipped below the $3,700 mark, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over 9 percent on the day, trading at around $3,661. Looking at…

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Bitcoin Price Analysis: Bears Raise the Stakes

 While the short Bitcoin price rally was powerful and sweet, the overall picture for cryptocurrencies remains bearish and barring the occasional oversold bounce or two, crypto looks set to resume its bearish trend. Bitcoin Price: Market Overview Crypto provided a nice relief rally leading up to Christmas Eve before traders decided to take profits and…

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There is a Chance of Bitcoin Falling to $3,000 Before Starting a Bull Run

The prolonged bear market has left traders with no hope at all. Now it is highly probable that the Bitcoin price will sink further and go down to $3,000 or even less. However, Bitcoin seems to resemble a lottery ticket and one never knows what it can bring. BTC Analysis    According to expert researchers,…

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Bobby Lee Predicts $2.5K Bitcoin Price Bottom As 15-Month Lows Near

The Bitcoin price could “bottom” at $2500 in January 2019, BTCC co-founder Bobby Lee has forecast in his latest prediction which many traders already consider too optimistic. Lee: Bitcoin Price Under $2K ‘Very Surprising’ On the back of an ongoing social media poll involving almost 5000 participants, Lee, who is becoming increasingly known for his…

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'Buffett Bet 2.0' – Investment Fund Puts $1M on Bitcoin to Outperform S&P 500

Asset manager, Morgan Creek Digital, is offering an interesting wager if anyone is willing to take it. It’s willing to bet $1 million, that its Bitcoin-focused Digital Asset Index Fund outperforms the S&P500 over the next ten years. Buffett Bet 2.0 The fund tracks ten major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, although the…

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Opinion: Why Bitcoin Will Be Just Fine

Several key events will take place on the digital money market next year that can seriously affect the situation in the crypto and Bitcoin community. In 2018, the prices of cryptocurrencies have been continuously decreasing, and Bitcoin (BTC) 00 has already fallen in price by 80% from $20,000 to $4,000. The total capitalization of the blockchain…

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Venture Capitalist Tim Draper Holds Strong to Bitcoin as Dominance Rises

Despite the tumbling state of the crypto market and the sharp decrease in Bitcoin price, venture capitalist and permabull Tim Draper remains overly positive on the future of cryptocurrencies. Meanwhile, Bitcoin’s dominance has been increasing since the first week of November. Draper: Clinging to Old Currencies Is a Mistake Speaking to Mike Green of Thiel…

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