Experts Weigh In on This Week’s 10% Bitcoin Price Spike

This week brought a small reprisal for bitcoin price and the broader cryptocurrency market as it witnessed $20 billion added to its total market cap by late Tuesday. This was also reflected by an approximate 10% gain for BTC alone; so what was behind the rise? In somewhat atypical fashion, the week started on a […]

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Not Fake News: TD Ameritrade CEO Confirms REAL Demand for Bitcoin

Mati Greenspan, a prominent crypto analyst, sparked a bit of a kerfuffle this morning when he “jumped the gun” by announcing TD Ameritrade’s entrance into the retail Bitcoin market. The error caused Twitter to erupt, particularly after news outlets started reporting the year-old story. looks like you‘re not the only one 😂 pic.twitter.com/4OXl72XYP5 — XRP⚡️Switzerland […]

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Bitcoin Price Could Crash Below $3,000 in Brutal Worst-Case Scenario, Warns Trader

The bitcoin price is at risk of a swift and painful reversal after its parabolic move to $13,868. That’s according to veteran trader Peter Brandt. Brandt says the worst-case scenario is an 80 percent retracement from the 2019 high, implying a fall below $3,000. This bearish scenario would come into play if bitcoin breaks the […]

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What Disney’s Frozen Tells Us About This Mammoth Bitcoin Price Rally

As the Great Bitcoin Price Rally of 2019 grows even more parabolic, investors and analysts alike are left scrambling for answers. What’s triggering the mammoth recovery? Will this rally end like the 2017 bubble did? Most importantly, where’s the bitcoin price headed next? According to eToro Senior Market Analyst Mati Greenspan, the answer might lie […]

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Parabolic Bitcoin Price Smashes $13,000: The Money Behind Bitcoin’s ‘Explosive’ Run

The bitcoin price roared to a new 2019 high in the early hours of Wednesday, briefly touching $13,000 on the Huobi exchange. Bitcoin is now at levels not seen since January 2018 with a market capitalization of $224.7 billion. But where is the money coming from? Data from CoinLib reveals that BTC’s latest rally is […]

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Bitcoin Price Races to a New Yearly High Placing $10,000 Within Eye-Shot

By CCN Markets: The bitcoin price surged to $9,500, marking a fresh 2019 high. As the stock market sets a new record, BTC is joining in the party.   Fundamentals Driving Bitcoin According to eToro Senior Analyst Mati Greenspan in a tweet, fundamentals are driving the bitcoin price higher. He cited institutional adoption, more monetary easing from central banks, and the upcoming bitcoin supply halving all as positives for BTC. Greenspan noted that pure momentum might also be driving BTC/USD to fresh yearly highs. Bitcoin is at a fresh yearly high of $9,500 per coin. Some of the popular reasons

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Vicious Crypto Crash Could Supercharge Bitcoin Price Rally to $20,000

By CCN: Bitcoin’s mammoth rally suffered a devastating setback on Friday when a $35 million sell order triggered a vicious flash crash on Bitstamp. By the time the dominoes had stopped falling, the bitcoin price had plunged as low as $6,894, and more than $32 billion had vanished from the crypto market cap. And fervent bitcoin bull Mati Greenspan couldn’t be happier. Finding a Silver Lining in the $32 Billion Crypto Crash Greenspan, a senior analyst at eToro, gushed about the sudden pullback in daily market commentary shared with CCN, stating that it was “picture perfect” and could pave the

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Dow, Bitcoin Bleed Lower as Weak Economic Data Saps Trade Deal Optimism

The US stock market endured steady losses on Thursday, leaving the Dow’s eight-week winning streak on the ropes. The bitcoin price, meanwhile, continued to mount an unsuccessful push toward $4,000 that has left most crypto assets in the red. Dow Fails to Break Through 26,000 Dow futures traded up throughout much of the pre-market session, putting the index within striking distance of the 26,000 point milestone. However, Wall Street turned sour ahead of the opening bell, and all three major US stock indices dropped when the market opened. As of 10:17 am ET, the Dow had lost 68.12 points, recovering

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These Bitcoin Analysts Explain Why the Crypto Market isn’t Out of the Woods

Listen, noob. A $200 price retracing is far from the end of a bear market for Bitcoin. Comparing historical charts, there are times in recent memory where we’d call that “stability.” In a recent newsletter by eToro’s Mati Greenspan, the veteran analyst points out that China was on holiday recently. Coming back to the crypto markets, they seem to be in a “buying mood.” Bitcoin Bulls Break More China Greenspan feels that a much bigger upward push is needed if you’re going to start calling the end of a bear market. Bitcoin bulls are simply bigger beasts. “n order to

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Dow Futures, Bitcoin Price Dive as Bears Butcher Markets

The weekly US stock market trading session hasn’t even officially opened yet, but the bears are already holding the bulls’ feet to the fire in both the traditional and cryptocurrency markets, with Dow futures flashing a triple-digit decline and the bitcoin price slipping below support at $3,500. Dow Takes Steep Losses as US-China Trade War, Government Shutdown Bite Back As of 8:32 am ET on Monday, Dow Jones Industrial Average futures had declined by 193 points or 0.78 percent, implying an opening bell loss of 200 points. S&P 500 and Nasdaq futures were also in the red, with the other

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