Bitcoin 

Bitcoin Price | Coinbase President Asiff Hirji Optimistic for New Year

Crypto players from around the globe are chiming in on the direction of the Bitcoin price in 2019. Will it continue to see price crashes? Or will the current recovery continue? Better yet, has the industry had a good year and will it continue to have significance in the new year? Earlier in the week, we heard from bears, like Erik Finman who called Bitcoin “dead;” and we heard from Spencer Bogart, a Bitcoin bull, who not only said BTC will continue to rise, but that 2018, contrary to popular belief, has…

Read More
Bitcoin 

Bitcoin Price | Spencer Bogart Says Lower or Higher, Either Way it’s Good

As we wrap up 2018, crypto players are starting to publicly come out with their Bitcoin price forecasts for the new year. Some are bearish, using the fact that BTC was nearing $20 thousand this time last year. Others, however, continue to be bullish. Spencer Bogart of Bitcoin Capital is one of the latter. Spencer Bogart Remains Bullish of Bitcoin Price In a recent interview with CNBC, when asked whether he believes BTC will hit $50,000, Spencer Bogart said yes, but maybe not as soon as bulls are forecasting. “Absolutely…

Read More
Bitcoin 

Bitcoin Price Approached $20K in Dec. 2017 and Now It’s At $3K

In 2017, the Bitcoin price shot up. The crypto boom was in its prime and BTC, in particular, saw a rise, especially in the second half of December. When this happened, there was a rush to buy the cryptocurrency; then there was a crash. One year later, the BTC price is nowhere near where it was in December 2017. However, even though we have more Bitcoin bears emerging from the forest, there is some indication that BTC is the same asset and will continue to provide investors with the same…

Read More
Bitcoin 

Bitcoin Price Tumbles Further | New Low for the Coin

Bitcoin price is tumbling further today, dashing any hopes of a rally that some felt was certain thanks to current extreme oversold conditions. The world’s largest coin by market cap is currently selling for $3,301.60 USD according to coinmarketcap.com. But earlier today, it fell to $3,200, representing a 15-month low for Bitcoin and not helping bulls’ hopes for a revival. This is the lowest level since September 2017. Bitcoin Price Drop In the last four weeks alone, Bitcoin has dropped 49% in price. Surely, sellers are exhausted, and Bitcoin is set to turn around.…

Read More
Bitcoin 

Bitcoin (BTC) | Tom Lee Sticks by His $15,000 Price Prediction

Tom Lee, the long-standing Wall Street crypto bull, is sticking to his $15,000 year-end price prediction for Bitcoin (BTC). The Fundstrat Global Advisor voiced his prediction on CNBC’s ‘Squawk Box’ yesterday. Tom Lee and Bitcoin (BTC) Bitcoin just recently fell to its lowest levels in more than a year yesterday, but Lee remains convinced. Originally, Lee cut his Bitcoin year-end prediction by $10,000—from $25,000 to $15,000. “Days like this, it does make me wonder,” said Lee to CNBC. “These past few days have definitely been a negative development.” The Fundstrat advisor…

Read More
Bitcoin 

Bitcoin News | SEC Bitcoin (BTC) ETF Delay Causes BTC Price to Drop

The latest Bitcoin news is that Bitcoin (BTC) has taken a major hit this week and has dragged the rest of the cryptocurrency market down with it. At press time, the total cryptocurrency market is sitting at just above $225 billion, which is $75 billion lower than what it was just two weeks ago. Within the last 24 hours, the crypto market has dropped almost $20 billion. Bitcoin News: Bitcoin (BTC) Struggles According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,509.67, down -8.50% in 24 hours. For the week,…

Read More
Bitcoin 

BTC Price | Is it Game-Over for Bitcoin? Wall Street Analyst Thinks So

Both Bitcoin bears and bulls will be watching the BTC price over the weekend. While some see a potential corrective rally occurring, others believe the cryptocurrency is at the end of its road. One Wall Street analyst believes the latter. In fact, Jeff deGraaf said it’s “game over” for Bitcoin. But is that true? Wall Street Analyst Pessimistic about BTC Price Yesterday, CNBC reported that Jeff deGraaf of Renaissance Macro Research declared that Bitcoin is “permanently impaired.” He then added that investors should start betting against the cryptocurrency, but only…

Read More
Bitcoin 

BTC Price | Holding Above $6K Despite Bearish Comments

Two days after Jim Cramer made bearish comments on Bitcoin, the BTC price has started to revive itself. A bullish reversal is not yet confirmed, as Bitcoin would have to break above key resistance for that to happen. However, the BTC price has moved back to above $6,000, which indicates a trend reversal could very well be in progress.  And yet, Cramer has still thrown in the Bitcoin towel. He even did so on the day that Bitcoin crossed a high of $6,259. So what gives? Jim Cramer BTC Price: Who Should…

Read More
Ethereum 

Ethereum (ETH) Price Prediction | Tom Lee Thinks ETH will Reach $2,000

Tom Lee has been a long-time crypto bull and has faced Wall Street head on. Lee is the managing partner and head of research at Fundstrat Global Advisors. Usually, he gives his price predictions on Bitcoin (BTC), but yesterday he predicted the price of Ethereum (ETH). Tom Lee Ethereum (ETH) Prediction “We believe Ethereum is about to stage a trend reversal and rally strongly,” Lee said in a note to clients Thursday. Ethereum, the world’s second-largest digital asset, is down more than 70 percent this year. In the past three months,…

Read More
Bitcoin 

Bitcoin Price | Skyrockets Nearly 10%, Pulling Rest of Crypto Market Up

This morning, Bitcoin (BTC) rose almost 10% in less than an hour. After the Bitcoin price jump, investors began dumping money into the other digital assets, causing the market to widely shift green. Bitcoin Price Movement Last week, Bitcoin had its first major sell-off in months, but this morning it rose nearly $600 in less than an hour. Late last week, it looked as if Bitcoin was going to drop just below the $6,000 mark, but it’s now comfortably trading over $6,500. According to CoinMarketCap, Bitcoin (BTC) is trading at…

Read More