Crypto Professionals Predict $2,400 Bitcoin Bottom, Expect Infrastructure To Spark Bull Run

Individual investors have long struggled to predict movements in any market. While there are some talented investment geniuses out there, like Warren “Oracle of Omaha” Buffet, common Joes and Jills (and even some Wall Streeters) by and large struggle with determining where the stock market, let alone crypto assets, like Bitcoin (BTC), could head next.

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Peter Brandt Calls For 80%+ Bitcoin Price Decline Over A Year Ago With Chilling Accuracy

Bitcoin price (BTC) has fallen over 80% from its all-time high of $20,000 over the past 14 months, and has struggled to regain any bullish momentum it once had. While many expected Bitcoin to bottom at the seemingly unbreakable support at $6,000, the leading cryptocurrency by market cap fell through to find its local bottom.

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Analyst: Playing ‘Catch The Bitcoin Price And Crypto Market Bottom’ Hot Potato Is Hard To Do

Crypto Analyst Says It Is Difficult To Catch Bitcoin’s Bottom It seems difficult to realize when Bitcoin (BTC) is going to reach a bottom. Bitcoin was traded above $6,000 for most of 2018 until November when it dropped under that value.

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Catching The Exact Bitcoin (BTC) Bottom Is Dangerous: Crypto Analyst

Don’t Worry About The Bitcoin Bottom Finding the long-term bottom for the Bitcoin price has been likened to trying to catch a falling knife. Case in point, after trading above $6,000 for much of the.

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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above.

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Infamous Bitcoin Price Forecaster Thomas Lee Says BTC Will End 2019 Higher Than $3,900

Thomas Lee, the CEO of Fundstrat Global Advisors said that Bitcoin (BTC) is going to end 2019 above $3,900. Bitcoin has been traded sideways during the last few months between $4,200 and $3,300, and experts and analysts are trying to understand whether we are close to a bottom or if it is possible for Bitcoin […]

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Crypto Analysts’ Bottom Calls Ramped As Bitcoin (BTC) Rallied

With the crypto market’s recent price action in mind, analysts are starting to come to the conclusion that bears are putting an end to the bloodshed. A number of traders and industry commentators recently took to Twitter to tout their optimism on the Bitcoin price.

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Whether You Bought Bitcoin (BTC) at $1,800 or $3,000 Won’t Matter in 5 Years: Crypto Analyst

Your Bitcoin Cost Basis Won’t Matter In Five Years Since Bitcoin (BTC) began to fall just thirteen months ago, investors have done their best to time the bottom. Some have been taking the safe, smart.

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Now is a Good Time to Buy Crypto, but Let’s Stick to BTC (and ETH) for Now: Spencer Bogart

Has Bitcoin hit bottom yet? It’s hard to tell, admits Blockchain Capital’s, Spencer Bogart. But if you plan on investing in the asset in the foreseeable future, he believes now is a good time to go ahead and seal the deal.

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Crypto Insider Assures Now Is A Great Time To Buy Bitcoin (BTC)

Bogart: Bottom Might Not Be In, But Buying Bitcoin Now Isn’t Nonsensical Just days after Bitcoin (BTC) embarked on a jaw-dropping surge, mainstream media outlets have clamored to cover this topic in a fear of.

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Will Today’s Price Surge Act as a Signal For Crypto Market’s Bottom?

The current price of Bitcoin is $3862 (Bitmex Pricing), with 24 hour volume leveling at 9. 9 billion USD. Bitcoin’s price has increased by roughly 6. 6% since yesterday’s daily close; its volume has increased by ~35%.

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Crypto Analysts Make A Bet of 0.1 BTC Over Bitcoin Price Bottoming At $1,165

Bitcoin Bottom Is Coming But The Question Is At $2k Or $1k There have been several price predictions as to when will Bitcoin hit the bottom or if we are currently at the bottom. Also, there has been no shortage of new all-time high projections at about 90k, 100k, and 300k. However, the bullish momentum […]

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Is the Bitcoin Bottom In? IIB Poll Results Suggest 41% of People Think So

Is the Bitcoin (BTC) price bottom in? That’s the question on everyone’s mind. Bitcoin has been in a grueling… The post Is the Bitcoin Bottom In? IIB Poll Results Suggest 41% of People Think So appeared first on Invest In Blockchain.

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Bitcoin Bottom Doesn’t Matter, Last Time General Population Can Afford Entire BTC

Bitcoin (BTC) has been pitched as peer-to-peer electronic cash, a store of value, a disruptor of traditional financial instruments, and a way to free the world from the shackles of the government’s control over current fiat monetary system.

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Traders Who Shorted Bitcoin From All-Time High $20,000 are Cashing Out: Is The Bottom is Near?

In the past two months, several traders who shorted Bitcoin from its all-time high at $20,000 have started to cash out in the $3,000 to $4,000 range. On February 12, a cryptocurrency trader with an online alias “Cryptofungus” revealed that he had closed a year-long Bitcoin short contract.

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Analyst: Bitcoin Price Similarities To 2015 Bottom Is “Unreal,” What Could it Mean?

Bitcoin (BTC) is the next frontier. No technologies have gone where crypto assets and related innovations are heading. Yet, within this space, reoccurring patterns have been observed, even though the movement of industry fundamentals, chart technicals, and social metrics seems sporadic and unpredictable.

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Analyst: Bitcoin (BTC) Most Likely To Bottom At $2,400

Bitcoin Could See A Further 40% Before Bottom, Claims Trader The seemingly endless stream of harrowing crypto price predictions has continued. One trader, going by the laugh-inducing moniker “Magic Poop Cannon,” claims that Bitcoin (BTC) is most likely to find a long-term floor at and around the $2,000 (most likely $2,300-$2,400) price level — a […] The post Analyst: Bitcoin (BTC) Most Likely To Bottom At $2,400 appeared first on Ethereum World News.

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Bitcoin (BTC) Price Analysis: Downside Break and Another Leg Lower

Bitcoin broke below the bottom of its symmetrical triangle consolidation pattern to signal that further losses are in the cards. Price is also trading within a descending channel on the 1-hour time frame and is now aiming for support.

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Bitcoin Price Analysis: BTC Ranging, Blockstream Quick Fix

Bitcoin Prices are steady but could rally above $3,600 in days ahead Blockstream’s Proof of Reserves could solve the exchange’s perennial problems Transaction volumes below average It may be an exit scam or a tragedy, but the bottom line is that QuadrigaCX users stand to lose $190 million.

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3 Charts Suggesting Bitcoin Price May Be Bottoming

In February 2019, Bitcoin transaction metrics are giving stronger hints than ever that the cryptocurrency is close to the bottom of its latest bear cycle. Bitcoin’s Familiar Moves Data from Blockchain, tracking the number of unspent transaction outputs (UTXOs), confirmed transactions by day and exchange volumes in USD for Bitcoin, reveals lows not seen since 2017.

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Bitcoin Price Analysis: BTC/USD Trends of February 04–10, 2019

CoinSpeaker Bitcoin Price Analysis: BTC/USD Trends of February 04–10, 2019 Further declination of Bitcoin price depends on the Bears’ pressure as a new daily bearish candle is emerging and this may push the coin to bottom at the demand level of $3,247.

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Bitcoin Bull Mati Greenspan Believes the Crypto Market Still Hasn’s Reached its Bottom

As many of our readers already know, over the past few weeks Bitcoin (BTC) has been hovering around the $3,400 mark— leading many traders to proclaim that the premier crypto asset was nearing its bottom.

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Long-Term Bitcoin Bull: Likely That Crypto Market Hasn’t Bottomed Yet

Crypto Market Bottom Likely Isn’t In As Bitcoin (BTC) has found itself in the midst of a lull, as it’s held the $3,400 level over the past days and weeks, some optimistic cryptocurrency traders have claimed that the bottom is clearly in.

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Bitcoin (BTC) Price Analysis: Can Buyers Keep This Rally Up?

Bitcoin is gaining traction on its bounce off the bottom of the descending channel on the 1-hour time frame. Price has just passed the mid-channel area of interest and the first Fib, which suggests that a larger rally may be underway.

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Analyst: Bitcoin (BTC) At $3,000 Looks “Symmetrical” To $20,000 Top, Reversal Possible

Crypto Analyst: Bitcoin Chart Resembles $20,000 Top Bitcoin Bravado trader, Jack “Sparrow,” recently took to his Twitter page to tout a recent bit of analysis he completed that could indicate that the broader crypto market is finally nearing a bottom.

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Bitcoin (BTC) Price Analysis: Aiming for Longer-Term Floor

Bitcoin continues to trend lower inside a short-term descending channel, possibly attempting to break below the current support. This is around the mid-channel area of interest of an even larger descending channel.

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Bitcoin (BTC) Price Analysis: Channel Support Bounce, Next Targets

Bitcoin found support at the bottom of its descending channel on the 1-hour time frame and looks due for a pullback to the top. Applying the Fibonacci retracement tool shows the next potential resistance levels.

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Crypto Traders Optimistic About Bitcoin (BTC) Price, Expect Bottom

Bitcoin Price Gets Hammered, Traders Optimistic In the past hours (per the time of writing), the value of cryptocurrencies across the board have fallen dramatically. Bitcoin (BTC) is currently posting a 2.

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Bitcoin (BTC) Price Analysis: Can Support Still Hold?

Bitcoin suffered another leg lower and is down to the very bottom of its broadening wedge formation once more. A bounce off this area could still keep it on track towards testing the resistance, but a break lower could spur further declines.

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Crypto Analysts: Bitcoin Strong After ETF Mishap Is Sign Of Bottom

Crypto’s worst nightmares came to life on Wednesday, as the U. S. Securities and Exchange Commission (SEC) revealed that the long-awaited Bitcoin (BTC) exchange-traded fund (ETF) from VanEck had lost steam.

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Fred Wilson: Bitcoin May Take Much of 2019 to Bottom Out, But There Are Catalysts

The search for a bottom in crypto markets has been arduous. Over the past year, day in, day out, pundits in this nascent community have sought to discern where the falling knife will stick. Yet, cryptocurrencies, like Bitcoin (BTC), have continued to trade without rhyme or reason, leaving a majority of consumers in a bear market-induced.

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Crypto Trader “Senses Bottom,” Says Bitcoin (BTC) Could Rally In May

Bitcoin (BTC) Could Rally One Year Away From 2020 Halvening Crypto is just three weeks into 2019, but the price predictions and forecasts are already well underway. On Wednesday, as news broke that CBOE, VanEck, and SolidX had effectively retracted their Bitcoin (BTC) exchange-traded fund (ETF) proposal, crypto analyst Moon Overlord took to Twitter to […] The post Crypto Trader “Senses Bottom,” Says Bitcoin (BTC) Could Rally In May appeared first on Ethereum World News.

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Analyst: Recent Bitcoin Price Action May Confirm BTC is Nearing a Long-Term Bottom

Bitcoin (BTC) and the general cryptocurrency markets have stabilized following the recent bout of volatility they experienced this past weekend. Yesterday, however, Bitcoin’s price quickly dropped to lows of $3,550 on the aggregated markets before sharply surging back towards its current levels.

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Bitcoin (BTC) Price Analysis: Potential Reversal Formation?

Bitcoin might be done with its slide as it failed in its recent attempt to break below the $3,550 lows. This could lead to the formation of a double bottom on its 1-hour time frame. Price has a lot of room to climb before testing the neckline, more so breaking above it.

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Analyst: Bitcoin to Bottom Out At Below $3,000 But it Could Easily Achieve 6-Figure Price

Crypto’s most fervent diehards have often been lambasted for their Bitcoin (BTC) price forecasts. Blockchain project promoter John McAfee, the eccentric millionaire behind the cybersecurity company that shares his surname, called for BTC to surpass $1 million by 2020’s end, claiming that he would consume his family jewels if the prediction doesn’t come to past.

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Bitcoin: BTC Sinks Below $3,600, Nears Bottom of Recently Established Trading Range

Bitcoin (BTC) has failed to maintain its recently established position in the $3,700 region, which has led it to drop over 4% today. Bitcoin’s latest downwards leg has led the entire crypto markets to drop, and most altcoins are currently trading down around 4%.

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Crypto Tidbits: BitGo Launches Bitcoin Trading, Ethereum’s Lubin Joins ErisX, Cryptopia Hacked

Although Bitcoin (BTC) and its crypto asset brethren have effectively stabilized, seeing little-to-zero movement, this industry’s startups have continued to make strides in an array of directions.

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Bitcoin (BTC) Price Analysis: Reversal Formation Gives Bulls Hope

Bitcoin is bouncing off support at the bottom of its descending channel on the 1-hour time frame and a small reversal pattern is also forming. An inverse head and shoulders can be seen and a break above the neckline could confirm that a rally is in the works.

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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by.

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Bitcoin (BTC) Price Analysis: Can Sellers Gain More Momentum?

Bitcoin might be in for further declines as it hovers around the bottom of the descending channel on the 4-hour chart. A larger bounce could still take it up to the Fib levels nearby. However, the 100 SMA recently crossed below the longer-term 200 SMA to confirm that the path of least resistance is to […] The post Bitcoin (BTC) Price Analysis: Can Sellers Gain More Momentum? appeared first on Ethereum World News.

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If History Rhymes, Bitcoin (BTC) May Bottom At $1,700: Crypto Analyst

Bitcoin (BTC) Could Bottom At $1,700 Murad Mahmudov, a Princeton graduate with dreams of launching his own crypto-centric hedge fund, has quickly become a leading Bitcoin (BTC) analyst, posting an array of in-depth, respectable bits of technical, historical, and fundamental analysis that have resonated with investors.

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‘Is The Bottom In? Not Yet,’ According to Bitcoin Price Analyst Willy Woo

Bitcoin’s technical analysts have begun disagreeing about the future of the Bitcoin price as the cryptocurrency sets three-week lows January 14. Shirakashi: ‘Strong Case’ Bitcoin Has Bottomed In a Medium post and on Twitter, Renato Shirakashi and Woobull.

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Crypto Investor: Bitcoin (BTC) May Bottom Soon, But Bull Run Unlikely

After a holiday hiatus, Ran NeuNer, the founder of OnChain Capital and the host of CNBC Africa’s “Crypto Trader” segment, brought on a number of leading crypto investors, who all did their best to forecast where Bitcoin (BTC) and this industry would be heading next.

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Bitcoin (BTC) Price Bottom Is Near As Crypto Trading Volume Takes A Hit Along With Market Cap

Bitcoin Bottom Near As Crypto Trading Volume Takes A Hit The trading volume of the crypto market has taken a hit of about $2 billion as Bitcoin price slides down to $3,650. According to the Coinmarketcap data, the 24-hour trading volume of the leading cryptocurrency has fallen down to $4.4 billion from $7 billion, two […]

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Bitcoin Price Analysis: Strong Impulse Tests Macro Support Levels

Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10% in the span of just a few short hours:Figure 1: BTC-USD, Hourly Candles, 11% DropNot only did this move occur on high spread, it occured on high volume.

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UTXO Analysis Points to a BTC Price Bottom in Q1 2019

“When will the bear market end?” is the refrain of bored and frustrated traders across crypto Twitter. “Soon” is the answer suggested by Delphi Digital’s latest report. “Bitcoin Holder Analysis Through Cycles” seeks to determine when selling pressure that has deflated BTC prices over the past 12 months will alleviate, signaling that market recovery could […] The post UTXO Analysis Points to a BTC Price Bottom in Q1 2019 appeared first on Bitcoin News.

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Research Firm Charts Unspent BTC and Calls a Market Bottom in Q1 2019

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Dollar Vigilante: Bitcoin (BTC) Nearing Bottom, Institutional Money To “Explode Crypto”

Bitcoin Is Infantile, But It’s Revolutionary Nonetheless Jeff Berwick, the so-called Dollar Vigilante (a skeptic of the U. S. fiat system), recently sat down with BlockTV, an up-and-coming crypto-centric media outlet, to discuss his optimistic outlook on Bitcoin (BTC).

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Ether Markets Are Mimicking Bitcoin’s 2015 Price Bottom

Ether's bitcoin market (ETH/BTC) is mimicking the structure of bitcoin's bear market bottom in 2015, leaving some to wonder if a long term bottom is being printed.

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