prediction

Bitcoin Price Prediction: BTC/USD Reaches the Expected Target at $11.5k as Buyers Take Bold Steps to $12k Mark

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-reaches-the-expected-target-at-11-5k-as-buyers-take-bold-steps-to-12k-mark
Time Stamp: August 1, 2020 2:14 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – August 1, 2020Today, BTC/USD is now trading above $11,400 after days of battle against the resistance at $11,200. The king coin is close to its next target price of $11,500. This is a positive sign as buyers continue to exercise dominance over sellers. Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000 BTC/USD – Daily Chart Since July 27, the bulls have been having a running battle to push BTC above the $11,200 resistance. Buyers have retested the resistance on four different occasions without

Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss

Source Node: https://cointelegraph.com/news/novogratz-galaxy-digital-continues-losing-streak-in-2019-posts-33m-q4-loss
Time Stamp: April 9, 2020 3:04 PM - Modified On: May 21, 2021 - Published By:
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Galaxy Digital, a major cryptocurrency investment bank founded by ex-Goldman Sachs partner, Mike Novogratz, continued its 2018 trend by posting another net loss in Q4 of 2019.According to an official April 8 announcement, the company suffered a net loss of more than $32.9 million in Q4, with the company outlining “realized loss on digital assets” and operating expenses as causes for the loss.Galaxy Digital has posted repetitive losses since its founding in 2018Galaxy Digital was officially founded in early 2018 with the mission to institutionalize the crypto industry. Since then,

Mike Novogratz Thrashes Stocks in Favor of Bitcoin and Gold 

Source Node: https://insidebitcoins.com/news/mike-novogratz-thrashes-stocks-in-favor-of-bitcoin-and-gold/257264
Time Stamp: April 8, 2020 7:01 PM - Modified On: May 21, 2021 - Published By:
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Mike Novogratz, the billionaire and founder of cryptocurrency merchant banking firm Galaxy Digital, has cast doubt over the long-term stability of the United States stock market.In the wake of widespread market rebounds from the coronavirus, the billionaire and Bitcoin bull has come out to bash traditional stock portfolios, touting alternative investment classes like Bitcoin and gold instead. Cash is Trash, and Stocks are MisleadingNovogratz appeared on a recent episode of CNBC’s “Squawk on the Street” segment earlier this week, where he counseled investors to keep off traditional stocks and keep their wealth

Bitcoin Price Prediction: BTC/USD Moves In an Uptrend but Can the Bulls Clear $7,500?

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-moves-in-an-uptrend-but-can-the-bulls-clear-7500/257255
Time Stamp: April 8, 2020 6:54 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 8Bitcoin (BTC) has effortlessly zoomed above $7,300 but the upside is limited. Sustained movement below $7,000 will worsen short-term outlook.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,200, $8,400, $8,600Support Levels: $6,400, $6,200, $6,000BTCUSD – Daily ChartBTC/USD has once again made an impressive move to the upside during the early trading session of today but the coin is currently trading below $7,400 after touching the key resistance at $7,431.36. The bulls are now expecting the price to rally higher but in order for things

Bitcoin Cash Halving Met with 11% Price Surge; BSV Follows with 19%

Source Node: https://cointelegraph.com/news/bitcoin-cash-halving-met-with-11-price-surge-bsv-follows-with-19
Time Stamp: April 8, 2020 6:03 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin Cash (BCH) went through with its first block reward halving on Wednesday, with the coin price gaining 11.2% on the day. Those gains were exceeded by Bitcoin SV (BSV), which gained 19.4% in the same time period. Bitcoin SV is scheduled to carry out its own block reward halving by Friday, April 10th. Both Bitcoin forks were the only cryptocurrencies glowing green in the market cap top ten on Wednesday. However, those gains look to be short-lived, as the vaulted ‘halvening’ event threw up considerably less fireworks than expected.In the past

Bitcoin Price Prediction: After Briefly Touching the $7,441, BTC/USD Bulls May Re-gather

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-after-briefly-touching-the-7441-btc-usd-bulls-may-re-gather/257234
Time Stamp: April 8, 2020 11:22 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 8BTC/USD price is trading nicely above the $7,250 and the coin must climb above the $7,400 resistance to continue higher.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,400, $8,600, $8,800Support Levels: $6,100, $5,900, $5,700BTCUSD – Daily ChartBTC/USD bulls may slowly come back into action after a minor battering from the bears yesterday. If this happens, then the expectation of recovery could turn out to be true. Today, BTC/USD was seen trading at $7,166 after soaring to $7,441.47. The coin then pulled back to where

Ethereum Price Prediction: ETH/USD Price Corrects Downward After Having Created a Mirage around $176

Source Node: https://insidebitcoins.com/news/ethereum-price-prediction-eth-usd-price-corrects-downwards-after-having-created-a-mirage-around-176/256797
Time Stamp: April 7, 2020 6:04 PM - Modified On: May 21, 2021 - Published By:
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ETH Price Prediction – April 7The Ethereum price breaks above $175 and a stronger retest of previous resistance are expected.ETH/USD MarketKey Levels:Resistance levels: $200, $205, $210Support levels: $130, $125, $120ETHUSD – Daily ChartToday, ETHUSD is trading in the red by -3.59% in the session. This battle comes after ETH/USD tried and failed to extend gains past $176 which happens to be the daily high as at the time of writing. Ethereum price is back under $170 and currently exchanging hands at $165.35. Moreover, ETH/USD is moving above the 9-day and

Bitcoin Naysayer Jamie Dimon Praises $2 Trillion Stimulus While Predicting Great Recession

Source Node: https://cointelegraph.com/news/bitcoin-naysayer-jamie-dimon-praises-2-trillion-stimulus-while-predicting-great-recession
Time Stamp: April 7, 2020 6:04 PM - Modified On: May 21, 2021 - Published By:
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JPMorgan Chairman and CEO Jamie Dimon praised the U.S. government for quick action in the wake of COVID-19, yet he criticized it for not having a “pandemic playbook.”Dimon is mostly known among the crypto community for his derisive statements about Bitcoin (BTC). In September 2017, Dimon called Bitcoin “a fraud” right before its historical peak.  On another occasion he said:“It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.”A few months later, he acknowledged regretting those statements. (And when JPMorgan subsequently announced the JPM Coin,

Bitcoin Price Prediction: BTC/USD May Hit $8,000 to Begin a Bull Market Fully

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-may-hit-8000-to-start-a-bull-market-fully/256766
Time Stamp: April 7, 2020 9:58 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 7The Bitcoin price is making a strong extension to the upside in the session today through $7,200.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,500, $8,700, $8,900Support Levels: $6,400, $6,200, $6,000BTCUSD – Daily ChartBTC/USD hit the intraday high at $7,440 and retreated to $7,231 at the time of writing. Despite the downside correction, the coin is moving within a short-term upside trend amid low volatility. BTC/USD has gained nearly 1.35% since this time as the cryptocurrency market is on the recovery path. On the

Bitcoin Price Prediction: BTC/USD Breaks above $7,000 Resistance, a Rally to $8,000 and $9,000 Is Expected

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-breaks-above-7000-resistance-a-rally-to-8000-and-9000-is-expected/256572
Time Stamp: April 6, 2020 11:37 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 07Yesterday, Bitcoin has finally broken above the $7,000 overhead resistance. The market shot up from the low of $6,775 to $7,403. The current move will extend to a high of $8,000 and $9,000 if the current price level is sustained.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartAfter the breakage of the overhead resistance, Bitcoin runs into the $7,400 resistance zone. The market is respecting the previous historical price level. Bitcoin was in consolidation above $7,400 price level between

Bitcoin Price Prediction: BTC/USD Breaks Consolidation Pattern; $8,000 Next?

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-breaks-consolidation-pattern-8000-next/256715
Time Stamp: April 6, 2020 6:40 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 6The Bitcoin price increased by more than 6.90% today as the cryptocurrency makes its way above $7,245.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,000, $8,200, $8,400Support Levels: $6,000, $5,800, $5,600BTCUSD – Daily ChartBTC/USD has now cleanly broken above the upper boundary of the previous ascending pattern as it takes out the resistance at the $7,000 level. BTC/USD increased by a total of 6.94% today to reach a high of around $7,248 as the buyers start to take control. The crucial thing to look

Ethereum Creator Picks Two Worst Bull and Bear BTC Predictions Ever Made

Source Node: https://cointelegraph.com/news/ethereum-creator-picks-two-worst-bull-and-bear-btc-predictions-ever-made
Time Stamp: April 6, 2020 3:59 PM - Modified On: May 21, 2021 - Published By:
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As the world’s biggest cryptocurrency, Bitcoin (BTC) is highly volatile, once surging from $1,000 to $20,000 in the span of just over a year. The coin has become the subject of infinite price predictions. Both optimistic and negative, some of these predictions have turned out to be extremely inaccurate.Vitalik Buterin, the well-known co-creator of the Ethereum network and its native cryptocurrency Ether (ETH), highlighted the two worst Bitcoin price predictions ever made since the digital currency was introduced back in 2009.In an April 6 tweet, Buterin emphasized that price predictions