Bitcoin Price Sinks Below $10,000; What’s Causing the 4-Digit Drop?

Within less than three weeks, since July 9, the bitcoin price has fallen from over $13,000 to below $10,000, which many investors regard as a key psychological level for the crypto asset. While the dominant crypto asset initiated a strong recovery on July 17 from around $9,200 to $10,600, it has struggled to climb above […]

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Bitcoin Price Jumps $1,000 in Sudden Spike Beyond $10,000; What’s Next?

On July 18, the bitcoin price experienced an abrupt surge from around $9,300 to $10,500 as the crypto market rebounded, rising by well over $1,000 within minutes, as CCN reported. Following the sudden upside movement, technical analysts still generally remain cautiously bearish towards the short term trend of the dominant crypto asset due to its […]

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Bitcoin ‘Undervalued’ Until It Hits $7 Trillion Market Cap: Winklevoss Twins

If you think you’ve already missed bitcoin’s biggest price gains, think again. The Winklevoss Twins think bitcoin has plenty of room to run and is wildly undervalued at anything less than a $7 trillion market capitalization. For perspective, bitcoin’s current market cap is $229 billion. Cameron and Tyler Winklevoss, who reportedly own 1 percent of […]

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Bitcoin Price Spikes 10% in 2-Day Rally Despite Lacking Retail Investor Flurry

Over the past 48 hours, the bitcoin price has surged by more than ten percent against the U.S. dollar from $11,328 to $12,545 on regulated crypto exchanges like Coinbase Pro and Kraken. Earlier this month, the bitcoin price dropped to as low as $9,700 in a relatively large pullback that was anticipated by traders for […]

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Bitcoin Price Could Crash Below $3,000 in Brutal Worst-Case Scenario: Trader

The bitcoin price is at risk of a swift and painful reversal after its parabolic move to $13,868. That’s according to veteran trader Peter Brandt. Brandt says the worst-case scenario is an 80 percent retracement from the 2019 high, implying a fall below $3,000. This bearish scenario would come into play if bitcoin breaks the […]

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Bitcoin Price Goes Parabolic, Cannibalizes Crypto Market

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The bitcoin price ripped past $15,000 on Thursday, marking yet another historical milestone for the most prominent cryptocurrency. Bitcoin Price Rips Through $15,000 Throughout the first week of December, the bitcoin price has been rising at a breakneck pace. In the past […]

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Bitcoin Price to Reach $60,000 Before Crashing to $1,000 in 2018 is Saxo Bank’s ‘Outrageous’ Prediction

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. “Bitcoin is thrown to the wolves,” the headline reads, punctuating the tail end of Saxo Bank’s prediction that the bitcoin price will soar above $60,000 in 2018 before crashing more than 98 percent to “its fundamental ‘production cost’ of $1,000.” The Danish […]

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Bitcoin Price Hits New All-Time High, is There a Limit?

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The global average bitcoin price across major markets including the US, Japan, South Korea, and Europe has surpassed $16,000, peaking at $16,422. Within the past 24 hours, the price of bitcoin has recorded an increase of nearly 30 percent, outperforming all of […]

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GDAX Goes Down After Price Clips $19,000

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin’s record-setting run took another unprecedented turn on Thursday, as the bitcoin price ripped past $19,000 on cryptocurrency exchange GDAX, leaving a trail of altcoin carnage in its wake. However, the rally was characterized by unusual trading activity, including one of the […]

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Bitcoin’s Wild Ride: a Run-Down of Thursday’s Dizzying Movements

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Widespread outages. A $4,000 spread between two of the largest Western exchanges. The fastest $1,000 bitcoin price surge in history. Those were just a few of the events that bitcoin traders encountered on Thursday — a day that proved to be one […]

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