Tag Archives: Bitcoin price prediction

Is 2018 A Waste if Bitcoin (BTC) Prices Don’t Recover?

Bitcoin (BTC), Cryptocurrency–Despite the excitement being generated in the space of cryptocurrency, to the tune of a $200 billion market capitalization or about five times that of popular electric car maker Tesla, 2018 has been a decidedly bad year in terms of increasing valuation. Since reaching a pinnacle in December 2017, when Bitcoin prices soared on an exponential… Read More »

Chainalysis: Bitcoin Whales Not Responsible For Volatility

Bitcoin (BTC), Cryptocurrency–While cryptocurrency has been on a gradual decline throughout 2018, investors and interest groups have cried foul over the presence of notorious market manipulators, commonly known as whales. In markets such as cryptocurrency, which lack the total trade volume and regulations of the traditional stock market, large cap players with substantial BTC and dollar holdings have… Read More »

Juniper Research Warns Bitcoin May be In For Implosion, Cites Low Volume

Bitcoin (BTC), Cryptocurrency–Despite the small uptick in valuation for Bitcoin over the past week, a new study out of analytics firm Juniper Research states that the cryptocurrency markets look in danger of imploding, with a gradual decrease in transaction volumes being cited as the main evidence for such a concern.   First reported by Bloomberg on October 9,… Read More »

Bogart: Bitcoin is Close to Bottoming Out

Spencer Bogart says Bitcoin is close to bottoming out.  Bogart, a partner at Blockchain Capital, believes the top-ranked cryptocurrency will soon begin to manifest another bull run based on the many recent positive developments occurring in the industry. An Approaching Future Bitcoin Bonfire In an interview with CNBC on Friday (September 5, 2018), Boggart said that Bitcoin would… Read More »

Study Finds Cryptocurrency Investors Maintained Position Through Bear Market

Cryptocurrency, Bitcoin (BTC)–In an interesting examination of the habits of average cryptocurrency investors, a new study purports that the majority of investors and speculators in the crypto space maintained their position throughout the summer of 2018 despite the slumping prices. While the crypto market nears the end of its ninth month of a bearish cycle that has characterized… Read More »

Bitcoin Price: Logarithmic Growth Means Bitcoin May Set Another All-Time High in 2018

The Bitcoin trend of parabolic gains could see the top-ranked cryptocurrency set a new all-time high (ATH) before the end of 2018 or in early 2019. BTC is currently hovering between $6,000 and $7,000 with its highest third quarter price of $8,400 set in early July 2018. Logarithmic Bitcoin Price Growth The anthem for many BTC critics is… Read More »

Novogratz: Seller Fatigue Indicates Market Has Bottomed Out

Bitcoin (BTC), Cryptocurrency–Long time cryptocurrency industry figure and perennial crypto-bull Michael Novogratz, has made headlines again with his assertion that the seller fatigue indicated by current price movements shows that the market has bottomed out for Bitcoin and other popular currencies. Led by the meteoric rise of XRP throughout the week, which at point had posted a twenty… Read More »

Tim Draper Keeps $250,000 Bitcoin Price Target, Says It Will be Bigger Than the Internet

Billionaire Bitcoin enthusiast Tim Draper remains confident that the dominant cryptocurrency will reach his famous $250,000 price target by 2022. Tim Draper Expects Crypto Age to be ‘Bigger Than the Internet Ever Was’ The venture capitalist known for his early stakes in Tesla, Skype, and Hotmail, was interviewed by TheStreet at the Crypto-Finance-Conference in California. The talk grazed through the… Read More »

Bitcoin Price Analysis: At $6,500, Bitcoin Prices are Under-Priced in a $8 Trillion Fair Value Market Cap

A combination of over-the-tops Bitcoin price predictions by Tim Draper and favorable developments in the crypto-verse could cement our previous Bitcoin price forecasts. Further strengthening this position is news that Morgan Stanley plans on creating their Bitcoin derivatives. Coincidentally, and more positive for Bitcoin and other cryptos, more hedge funds are looking to funnel their capital into this… Read More »