Tag Archives: BTC

This Bitcoin Chart Destroys the Argument That BTC Can’t Be Money

Every skeptic says the same thing: the bitcoin price is too volatile to be a real currency. And they’ve got a point. Bitcoin’s huge swings make it risky as an investment and difficult as a day-to-day payment method. But it’s slowly changing. As more money flows into bitcoin, it’s becoming less volatile. And that means it’s becoming better money. Continue reading This Bitcoin Chart Destroys the Argument That BTC Can’t Be Money

Bitcoin (BTC) Price Springs Up: Bulls Now Target $8,000

This past week, bitcoin price started a strong upward move after it broke the $5,800 resistance against the US Dollar. The BTC/USD pair surpassed many hurdles near $6,000, $6,200 and $6,400. The recent upward move was such that the price even broke the key $6,850 and $7,000 resistance levels. Finally, there was an upsurge above $7,200 and the price settled well above the 100 simple moving average (4-hours). The price traded to a new 2019 high at $7,457 and recently corrected lower. Continue reading Bitcoin (BTC) Price Springs Up: Bulls Now Target $8,000

Bitcoin Targeting $10K This Year – BTC, XRP, Ethereum, Litecoin Forecast

After taking an extended break from forecasting, Fundstrat co-founder and head of research Tom Lee is back with a new Bitcoin prediction. Lee told MarketWatch that investors’ appetite for Bitcoin has returned, and if a couple things fall into place, BTC could hit $10K by the end of the year. Continue reading Bitcoin Targeting $10K This Year – BTC, XRP, Ethereum, Litecoin Forecast

Major Exchange Faces System Overload as Bitcoin (BTC) Plummets After Yesterday’s Surge

At the time of writing, Bitcoin is trading down nearly 6% at its current price of $3,825. Yesterday, BTC’s price exploded to highs of $4,200 before running out of buying pressure and plummeting to its current price levels. Continue reading Major Exchange Faces System Overload as Bitcoin (BTC) Plummets After Yesterday’s Surge