Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the […]

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‘Buffett Bet 2.0’ – Investment Fund Puts $1M on Bitcoin to Outperform S&P 500

Asset manager, Morgan Creek Digital, is offering an interesting wager if anyone is willing to take it. It’s willing to bet $1 million, that its Bitcoin-focused Digital Asset Index Fund outperforms the S&P500 over the next ten years. Buffett Bet 2.0 The fund tracks ten major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, although the […]

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Where Will Bitcoin Price Go as It Nears November Lows?

The Bitcoin price was hovering near its lowest levels in 14 months December 6 a fresh downturn continued to take its toll on investors. Another Grim Day For Bitcoin Traders Having lost support at $4000 Tuesday, 00 slipped further towards lows set last month around $3500, reaching $3680 before appearing to claim new support at […]

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Max Keiser Interview: Bitcoin Will ‘Gobble Up All Fiat’ and Rise Over $100K

Bitcoinist once again caught up with the one and only Max Keiser, Wall Street veteran and host of the Keiser Report. He explains why he isn’t fazed about the Bitcoin price drop, why he pays no attention to ICOs, and why Bitcoin will be around longer than humans.  ‘Bitcoin is the monetary black hole’ Bitcoinist: […]

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Vinny Lingham Warns Of ‘At Least’ 3-6 Months Of Bitcoin Price Under $5K

Civic CEO Vinny Lingham forecast the Bitcoin price to remain below $5000 for at least three to six months this week as sentiment throughout the industry takes a beating. $3K Bitcoin Price ‘Could Go’ Speaking in an interview with CNBC November 26, Lingham, whose Civic 00 raised $33 million in an ICO last year but […]

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No, Lower Bitcoin Price Won’t Start a Mining ‘Death Spiral’

A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it […]

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Bitcoin Price Drops Again, But Tone Vays ‘Still Short-Term Bullish’

Bitcoin price dropped even further November 23, but the lows did not stop one analyst turning bullish on Bitcoin’s short-term future. ‘Punishing Traders’ In his most recent market analysis, veteran commentator and trading guru Tone Vays described BTC/USD 00 trending further towards $4000 as “punishing over-leveraged traders.” “I still think this is a scare; I […]

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Yeah Bitcoin is Down, But It’s Only the 4th Biggest Bubble in History

Obviously, two significant bitcoin price drops in a week have caused minor/major panic in some quarters. Luckily there is plenty of data reminding us that bitcoin has been here before… several times. I’m Forever Blowing Bubbles Anybody remember the great bitcoin bubble of 2011? Okay, before my time too. But there was one… and another […]

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