• markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin primed for breakout as ether beats 2018 all-time high

    Action focuses on altcoins but hope mounts for a resurgence in Bitcoin bullishness a day before Joe Biden’s inauguration

    Bitcoin analysts were eagerly eyeing a fresh breakout on January 19 as BTC/USD hovered nervously around $37,000. After hitting lows of $34,000 over the weekend, Bitcoin hovered roughly in the middle of its wide trading range between $30,000 and $40,000. As the week progressed, however, signs of bullish tendencies became more palpable.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin sees record rebound after halting dip at $30,000

    No sooner had sellers driven the market to $30,000 support did Bitcoin stage a miraculous recovery, climbing over $6,000 in hours. Did Coinbase/Kraken outages contribute to Monday’s drop?

    Bitcoin saw a dramatic rebound on January 12 as a bearish dive to $30,000 came to an abrupt end. Data from CoinMarketCap and TradingView showed BTC/USD attacking levels it had lost in the previous day’s trading on Tuesday, reaching local highs of $36,600. At press time, $33,000 was in play as a potential support level as ranging behavior returned to the market.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin reclaims $40,000 as warnings of price correction grow

    New all-time highs of $41,800 on Friday turn up the heat on Bitcoin, which looks ripe for a pullback as steep as $24,000, analysts say

    “The people in this market are used to 20 to 30% pullbacks but can they handle a 50%+ pullback? Could shake out a few. $50k + seems like the ideal fomo number to bring in new people,” Josh Rager mused to Twitter followers. “This probably won't happen, but eventually we'll see a multi-week 30%+ pullback. Be ready.”

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin starts 2021 with a bang as price targets reach $500,000

    Forecasts are bullish on BTC across the board as December 2020 becomes its best month ever for U.S. dollar gains

    Bitcoin begins a new year on a high in almost every way — and price records are just the icing on the cake for hodlers. As 2021 begins, anticipation has never been higher for Bitcoin to have its best year ever, even as December’s gains alone topped 40%.