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BITCOIN PRICE: 9,477.66     HIGH: 9,498.97     LOW: 8,910.20

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Tag: bitcoin price

Weak Resistance Near $9000 Suggests Bitcoin Will Break Psychological Level by April 24

Category: Bitcoin, Price Analysis

Weak Resistance Near $9000 Suggests Bitcoin Will Break Psychological Level by April 24

Bitcoin (BTC) has galvanized on recent gains, testing the $9,000 handle multiple times over the past 36 hours. The window of opportunity for bulls is short, but it looks likely we will see a major buy signal given by April 24 for BTC-USD. The daily chart below shows that BTC-USD’s trend change was confirmed on April 14, with the market…

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Unchained Capital Explores Bitcoin HODL Trends

Category: Bitcoin, Blockchain, Commentary, Finance, News

Unchained Capital Explores Bitcoin HODL Trends

Unchained Capital published a scientific study on Bitcoin HODL strategies and the ways HODLing affects the market. The study was posted on Medium on April 18, 2018, by Dhruv Bansal, co-founder, and CEO of the cryptocurrency lending startup. Unlike traditional fiat-currencies and shares, public blockchain-based cryptocurrencies like bitcoin, log every transaction to date including the volume of the transaction and…

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American Investor Tim Draper Predicts Bitcoin to Hit $250,000 by 2022

Category: Bitcoin, Commentary, Finance, News

American Investor Tim Draper Predicts Bitcoin to Hit $250,000 by 2022

According to a bold prediction by the American venture capital investor Tim Draper, a single bitcoin will be worth $250,000 by 2022. The remark was recorded on April 12, 2018, when he spoke at the Blockchain Party event organized by Draper University. Addressing a crowd of cryptocurrency enthusiasts, Draper stepped onto the stage and said, “I’m thinking $250,000 a bitcoin…

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Experts from Barclays Bank Believe Bitcoin Has Reached its Peak

Category: Bitcoin, Commentary, Finance, News

Experts from Barclays Bank Believe Bitcoin Has Reached its Peak

The experts see the recent pullback from the all-time highs near $20,000 as pointing to the fact that this is an asset which is still trying to find its real value. Other strategists indicate the price of bitcoin to be a bubble that has already burst and now on its way down to zero. Demand Driven by FOMO Expert strategists…

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After the Worst First Quarter Ever, Bitcoin Might be Preparing a Comeback

Category: Bitcoin, Commentary, Finance, News

After the Worst First Quarter Ever, Bitcoin Might be Preparing a Comeback

2018 has given bitcoin enthusiasts the worst beginning of the year ever. After losing almost 70 percent of its total value since December 2017, a digital currency expert is now pointing out for a possible rebound pushing a bounce back in the cryptocurrency price, pointing out the cryptocurrency’s seasonal trends. As reported by CNBC, Brian Kelly, founder of BK Capital…

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Monthly Close Below $7800 Means More Pain for Bitcoin Bulls

Category: Bitcoin, News, Price Analysis

Monthly Close Below $7800 Means More Pain for Bitcoin Bulls

Bitcoin has experienced a terrible first quarter in terms of price growth, down around 50 percent on 2018’s open. On March 29, the price slid below $7,500 revisiting lows from early March. With the price breaking below $7,799.96 on the Bitstamp exchange, the market is now devoid of any significant support until $5,920.72 (2018’s low) and $4,996.65 (23.6 percent Fibonacci…

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Wall Street Fund Predicts a $91,000 Bitcoin Price in 2020

Category: Bitcoin, Commentary, Finance, News

Wall Street Fund Predicts a $91,000 Bitcoin Price in 2020

As bitcoin’s falling prices makes for a negatively fueled mainstream media headline, the market’s top fund managers are not fazed. Instead, they believe the market is still in an uptrend and is poised to keep increasing. Tom Lee of Fundstrat Global Advisors, a Wall Street fund which has been historically bullish on bitcoin, strongly believes that the digital currency is…

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Investors Eye Bitcoin Again After ‘Tokyo Whale’ Submerges

Category: Bitcoin, Finance, News, Regulation

Investors Eye Bitcoin Again After ‘Tokyo Whale’ Submerges

Amid speculation that a trustee of the now-defunct Tokyo Bitcoin exchange Mt. Gox has contributed to flat or even declining interest in the virtual currency, said trustee has finally stopped selling off Bitcoin to settle creditors. For now, at least. Bulls Come out of the Gate Legal practitioner and court-appointed trustee Nobuaki Kobayashi has already sold off around $400 million…

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Prosecutors Seeking to Seize More than 500 Bitcoins Valued Around $5.1 Million

Category: Bitcoin, News

Prosecutors Seeking to Seize More than 500 Bitcoins Valued Around $5.1 Million

Three people from the Toledo area and one from Perrysburg, Ohio were indicted for creating fake IDs. With this indictment, prosecutors are now seeking to seize over 500 bitcoins valued at around $5.4 million from illegal profits. Crime Is Crime, Even in Crypto At this point, the four people are still not considered to be guilty as an indictment is…

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Bitcoin HODL’ers Could Not Care Less About Negative Price Surges

Category: Bitcoin, Commentary, Finance, News

Bitcoin HODL’ers Could Not Care Less About Negative Price Surges

Since bitcoin’s dramatic climb in 2016 and exponential surge in 2017, it has grown quite a following – and not all opinions have been positive. Nonetheless, those with positive things to say about the flagship digital currency appear to have retained their optimism, and stay true to their faith in it despite the substantial fall that it has taken of…

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