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Crypto investors and fans are always trying to guess the price today, tomorrow, or in the long run. More experienced crypto investors, though, stick to other metrics that try to predict things like the bottom of a bear market. Which is easier said than done. Building an accurate model for
Not a lot of changes when it comes to Bitcoin’s price this week. The price has plummeted once again before stabilizing at $20K while the miner hash rate has reached its peak. The hashrate, or the amount of hashes produced in a second, is one of the key Bitcoin security
Once again, Bitcoin couldn’t hold the $20,000 price level for more than a few hours last week, dropping below $19,000 once again on Tuesday. That’s not good news for investors, but according to experts, it comes with a silver lining. Markets were green for a while on September 27, but
Monetary conditions around the world have tightened, sending the crypto market in a crash. The pressure of negative inflation is obviously too much to bear for Bitcoin, which remains in a bearish market. Currently clinging to just over $19,000, experts predict even bleaker times for crypto. Conflicting rate hike expectations
Bitcoin has once again failed to preserve the support levels from recent weeks. Prices have dipped almost 9% in recent days, falling down from $21,000. It’s a bearish market once again for the millionth time this year in the wake of the impending financial recession. Key rate hikes are supposed
Are we seeing the death of cryptocurrencies? Prices have once again dropped in the past week, with Bitcoin sliding down to $18,000. That’s pretty much next to 2017 prices when the famous bubble burst. Many believe that there’s no going back from this. Prices will continue dropping until they flatline
The stock market is down after Germany reported the worst inflation in the past 50 years. In a move that wasn’t that surprising, Bitcoin fell just as sharp as stocks. While it was developed to be independent from stocks and other commodities, recent months have shown that it moves right
After seeing an initial breakout that has seen it race toward $25,000 in the past few weeks, the bearish sentiment has returned in the Bitcoin market. Nevertheless, the breakout and two-month rally have had a positive impact on many traders, restoring faith that the price could correct further. A recent
Earlier this week, Bitcoin tried to break above $25,000 but failed. It declined to the low $24,000, yet still signaled a potential shift in price momentum. This is the first time for the world’s biggest cryptocurrency by market volume to break such heights. Falling under $24K is where the bearish
Another week, another Bitcoin pull back. The world’s leading cryptocurrency and the whole market pulled back just ahead of the USA’s inflation report, which should be grim. Global markets are waiting for the report to drop on Wednesday, which could send ripples in every major market. Bitcoin dropped around 4%