Bitcoin Price Could Fall By 30% to $7,500; Here’s Why

2019-9-8 03:00

Over the past week, Bitcoin (BTC) has finally managed to mount a comeback, rallying from the local low of $9,300 to $10,500 as of the time of writing this. However, one analyst recently pointed out that this price action only confirms the idea that the cryptocurrency market may soon undergo another retracement — one that.

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The post Bitcoin Price Could Fall By 30% to $7,500; Here’s Why appeared first on NewsBTC.

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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market.

2018-11-30 01:45


Blockstream Chief Adam Back: Bitcoin (BTC) Price At $500,000 Is Plausible, Suggests Future Gold Flippening

Adam Back co-founder and CEO of Blockstream, seems very bullish about the future of Bitcoin (BTC). He said that it might be possible for Bitcoin to reach $500,000 dollars in the future. Since the beginning of the year, Bitcoin and other virtual currencies are in a bear trend that has severely affected the whole cryptocurrency […]

2018-11-22 18:13


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Bitcoin Price To Hit $3,500 Before Making A Comeback To $5,000: Analyst

There is never a shortage of advice on investing in cryptocurrencies, and with the market crashing hard recently, many investors are seeking the advice more than ever. While some experts have indicated that it may be the most opportune time to get into crypto, others have warned that it could go down even further before […] The post Bitcoin Price To Hit $3,500 Before Making A Comeback To $5,000: Analyst appeared first on NullTX.

2018-11-22 00:37


Bloomberg Crypto Forecasts Bitcoin Price to Fall Below $2,000, Cites New Excitement Finally Coming

Bloomberg’s Intelligence Agency came out with an interesting prediction this week, reporting that Bitcoin “has further to fail.” According to analysts, Bitcoin is not boring anymore and the price could continue falling to a point as low as $1,500, which would be a 70 percent drop from the current price. According to Travis Kiling, a […]

2018-11-19 17:53