Bitcoin Price ‘Hit Equilibrium,’ Says Mike Novogratz

The Bitcoin price is “grinding along” at the bottom of its range but could easily hit $8000 by the end of the year, Galaxy Digital CEO Mike Novogratz said as sentiment picks up. Novogratz: $3400 – $3600 Is ‘Equilibrium’ Speaking to Bloomberg at a conference in Abu Dhabi February 13, Novogratz reiterated his continued faith […]

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Bitcoin Will Recover Without ‘Mainstream Breakout’ in 2019, Says Fundstrat

Fundstrat Global Advisors has published its 2019 outlook on the cryptocurrency market. The document suggests that positive incremental developments are incoming.  Mainstream Adoption Not Needed for Bitcoin to Bottom Tom Lee, Fundstrat Global Advisors’ Head Analyst, has announced the release of the company’s 2019 Outlook on the cryptocurrency market. The document outlines the disappointing year […]

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Bitcoin Price Falls Below $3.4K on Downward Trend ‘D-Day’

The Bitcoin price continues to suffer as the week progresses, losing another 2 percent in USD terms to trade below $3400 January 29. ‘D-Day’ For Bitcoin Price Trend? Bitcoin’s 3-day losses now surpass 7 percent as analysts describe what they see as a decisive trading period which will determine the broader trend for BTC/USD 00. […]

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Bitcoin Price Analysis: Weekly TA Reveals Bulls Under Pressure

As Bitcoin closed the week on another ‘Bloody Sunday’ candle, which dropped to new 2019 lows, making yet another painful yet somewhat predictable reversal, we take a look at the price action and try to establish what we should be looking for with the week ahead.    Weekly Bitcoin price 00 closed the week at […]

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BTC Price Historic Yearly Lows Reveal How Bitcoin ‘Hodlers’ Are Created

BTC price is currently sitting at yearly lows though it is still around 400 percent higher than 2017’s low. In fact, a historic look at yearly lows reveals the massive Bitcoin price gains and how ‘hodlers’ are potentially created.  BTC Price: A Different Perspective 2017 was the year of all-time highs (ATH) values in cryptocurrencies. […]

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This Bitcoin Price Indicator Adjusts For Lost and Unmoved Coins

Castle Island Venture’s Nic Carter, with the help of Blockchain.info’s Antoine Le Calvez, presented the concept of “Realized Value” for Bitcoin price at the Riga Baltic Honeybadger 2018 conference. The point was further elaborated upon in a Medium post by Murad Mahmudov and David Puell. Bitcoin’s Realized Value Ratio The Realized Value ratio is calculated by […]

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Bitcoin Grew 82,000% in 7 Years But ‘Died’ 91 Times in 2018

Bitcoin died 91 times in 2018 alone and 337 in total. But despite the latest bear cycle, hard data shows that Bitcoin has grown with more than 82,000 percent in the last 7 years.  Bitcoin ‘Died’ 91 Times in 2018 According to website Bitcoin Obituaries – there were 91 publications in 2018 proclaiming Bitcoin’s demise. Interestingly, there were […]

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