‘Hodl’ – Bitcoin Historically Generates Its Yearly Gains in 10 Days, Says Tom Lee

Bitcoin generates all of its yearly performance gains within just ten days. Miss those 10 days and your average is 25% down annually since 2013. Today was one of those days. But are there more to come? Let’s take a look.  As Bitcoin skyrocketed into the weekend, Tom Lee from Fundstrat was on hand with […]

Continue Reading

Bitcoin Enters Parabolic Phase to $7K …But No One is Sure When It’ll Stop

Well, it looks like it’s officially time to regret not consolidating more when we had the chance. Bitcoin price didn’t take a break. Instead, it went a bit parabolic to nearly $7,000 or 100% gains since the December 2018 lows. Bitcoin Price: The Only Way Is Up As Bitcoinist correctly called it earlier this week, […]

Continue Reading

Bitcoin is Up an Eye-Popping 720,000,000% Since Its First Recorded Price

The price is what usually comes to mind first when people talk about Bitcoin. But what was the first ever recorded price of a single bitcoin? And how much it has appreciated since? Bitcoin Leapfrogs Evolution of Money The evolution of money has historically gone through four key stages. From collectible to a store of […]

Continue Reading

Bitcoin Price Plunges $400 Overnight But Clings to $5K Support

Bitcoin price fell $400 in minutes April 3 but broadly held onto support above $5000 as the enthusiasm from this week’s bull run continues. $5000: Bitcoin’s New Home? Data from cryptocurrency exchange Bitstamp, which tends to deliver slightly more conservative price information than many mainstream platforms, showed bitcoin price hitting a high of $5332 before […]

Continue Reading

Why Bitcoin Price Surged Over $5,000 For the First Time in 5 Months

Bitcoin price became the only topic of interest for markets inside and outside cryptocurrency April 2 after Bitcoin hit $5000 for the first time in 5 months. Bitcoin Price Hits $5k In An Hour Data from major cryptocurrency exchange Bitstamp, which delivers one of the more conservative Bitcoin price feeds, showed a dramatic climb for […]

Continue Reading

Bitcoin Price Regains $4K But Bears Call It Low Volume ‘Short Squeeze’

Bitcoin price bulls may already be seeing the answer to their prayers as markets gained upward momentum March 27, taking Bitcoin above $4000. $4K Of False Hope? Data from CoinMarketCap confirmed Wednesday’s price trend, which occurred as analysts warned of the need for BTC/USD to close the month above $3800 to avoid bigger losses. At […]

Continue Reading