Despite Bitcoin’s intense price drop in recent months, some still believe it is going to turn it around next year. And there’s nothing to say it definitely won’t; in the last three days, Bitcoin has packed on 18% in gains.
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.
Nasdaq Inc. is still planning to launch its Bitcoin futures early next year, Bloomberg reported early this morning. Two individuals familiar with the Bitcoin project told Benjamin Bain, a reporter at Bloomberg, that despite the downturned market the index still plans on offering these contracts.
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.
Today is a bleak day for cryptocurrencies everywhere as Bitcoin hits the lowest level of the year thus far. Where Bitcoin goes, the rest of the market tends to follow, and indeed, the index shows us all the top-ten coins are experiencing double-digit losses.
Bitcoin (BTC) futures hit record low volatility in October on the US Chicago Board Options Exchange (CBOE), MarketWatch reported yesterday.
The cryptocurrency market took a huge hit nearly 12 hours ago when Bitcoin (BTC) abruptly dropped over $200 in value within minutes. After BTC dropped, a widespread cryptocurrency sell-off took place and hasn’t slowed down since.
Bitcoin Price – Bitcoin (BTC) is having a phenomenal 24 hours on the market; a bull run we haven’t seen from the digital currency in months.
Bitcoin (BTC) will eventually die: Nobel Prize-winning economist Robert Shiller gave interesting but pessimistic remarks which shatter Bitcoin’s price fundamentals. The Bitcoin price bull-run seems to have paused after increasing skepticism from economist and technical analysts; they continue revealing bearish outlooks for Bitcoin in both the short and the long-run.
Tom Lee – who has been making big bets on the upside potential of Bitcoin price, is standing by his prediction that BTC will soar to $25K by the end of the year. Bitcoin price today, however, retreated below $8K yesterday and is trading around $7,300 today.
Bitcoin Price (BTC) is largely controlled by trader’s sentiments regarding the future fundamentals of cryptocurrency markets. Trader’s sentiments have been improving sharply in crypto markets over the last week, driven by bullish price predictions and regulator input to control unfair practices.
Bitcoin Price (BTC) is slowly but steadily rising since it bottomed at the $6000 level one month ago. Meanwhile, BTC price experienced stiff resistance in breaching the $11,000 mark; the coin continued to trade in the $10,000 range over the last two weeks. Ripple, Ethereum and the rest of the cryptocurrencies continue to bull-run even with substantial threats of a sudden crash.
It has been a crazy morning for the world’s largest cryptocurrency by market value, Bitcoin. There have been varied reports coming from different exchanges on its record highs. Coinbase’s GDAX, which is currently down, had estimates that Bitcoin reached $19,500, whereas multiple other exchanges such as CoinDesk and Coinmarketcap, have that its high was reached at just under $17,000.
Tether, a startup that offers dollar-backed cryptocurrency, announced on Monday that its system was hacked, with more than $30 million US dollars worth of Bitcoin stolen.