Entries by admin

Litecoin Led Bitcoin’s Price Rally, Now It’s Hinting at a Pullback

Bitcoin (BTC) could be in for a sudden price pullback, as litecoin (LTC), which doubled in value in the first quarter and led the crypto markets higher, is now showing signs of weakness. BTC, the leading cryptocurrency by market capitalization, hit a five-month high of $5,627 yesterday and is currently trading at $5,450 on Bitstamp, representing a

Is This Cryptocurrency The Next Bitcoin?

Bitcoin, which has been rallying over the last few weeks after being trapped in a more than year-long bear market, remains far below its all-time high of near $20,000 per bitcoin as traders and investors wait for major financial institutions and retailers to wade into cryptocurrencies. The bitcoin price has recently climbed back above the psychological $5,000 per bitcoin mark,

Top Bank Analyst Issues Dire Warning Over Bitcoin Returns

Bitcoin and the wider cryptocurrency market has been going through something of a resurgence in recent weeks though investors and analysts remain wary of volatile crypto-assets, with many warning that bitcoin’s gains could be fleeting. The bitcoin price, which rocketed throughout 2017 before declining steadily through most of last year, has proven to be hard to predict. Many well-respected (and

Why Bitcoin Really Is The New Gold

I always write about this basic idea when it comes to any investing: which way is the market going, up or down? If you know, you are in great shape; if you don’t, you should not be playing at all. This is the question on bitcoin. All last year I was saying, “It’s going down,

Bitcoin Falls Back To Support Level After Failed Breakout

Bitcoin (BTC) has fallen back close to psychological support at $5,000 after a failed breakout Wednesday. The number one cryptocurrency by market valuation made a strong bullish break from an ascending triangle pattern yesterday evening at 18:00 UTC, reaching a peak of $5,488 on the Coinbase exchange. However, that move was quickly rejected and an

How high will Litecoin go in 2019?

If you’re thinking of investing in Litecoin this year, then it is the perfect time for you. According to experts, 2019 can be the best year for Litecoin. Cryptocurrencies are going through a bullish trend, and the momentum is growing day by day. Some analysts predict that Litecoin can trade in the range of $30

Is Bitcoin just a big April Fool joke?

Every time I read about Bitcoin, and listen to those hyping its investment potential and telling us it’s even better than tulip bulbs, I can’t help wondering if someone’s having a laugh. I mean, why would the price suddenly jump on 2 April, from around $4,000 the previous day, and then hover around the $5,000 level for

IS BREXIT CHAOS LIFTING BITCOIN OUT OF THE BEAR MARKET?

One of the first suggestions to hit crypto-Twitter can be blamed on the breakout’s unfortunate timing. Yep, Bloomberg and The Telegraph even went as far as reporting that the whole thing could be down to an April Fools joke. The joke in question? A spoof article on Finance Magnates, claiming that the SEC had approved two Bitcoin ETFs in an emergency Sunday

3 Reasons Bitcoin’s Price Suddenly Surged Back to $5,200

The crypto market sprang back to life with bitcoin’s surge to nearly 5-month highs yesterday. But why? To those who have been paying attention to the charts, it shouldn’t come as a surprise. The leading cryptocurrency by market value jumped nearly $1,000 to $5,080 in a 60-minute window early on Tuesday, confirming a transition from bear market to