Bitcoin Finishes the Year with a Plus
Yesterday, December 30, the price of Bitcoin closed at $425. Recall that at the beginning of the year the price of Bitcoin was $313. Growth for the year was 26.35%. Investors yesterday continued to take profits at the end of the year, market volatility has been low, and the price could not fall below the support level of $420. As we expected, the whole day yesterday the price of Bitcoin fluctuated within the corridor $420 - $440. In the Asian session also, special adjustments are not made. We asked Bitcoin expert Tomi Hrovatin from Slovenia, when will the bullish trend resume for Bitcoin?....
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According to economist Timothy Peterson, Bitcoin has a 50% chance of topping $140,000 before the month ends. He posted that likelihood on X and backed it with simulation work that uses a decade of price moves to map likely outcomes. Related Reading: Bitcoin Breaks $126K — Bitwise CIO Sees $1 Trillion Wave Coming Simulation Based On Historical Data Peterson said the model runs hundreds of simulations using daily Bitcoin prices going back to 2015. Based on those runs, he put the chance Bitcoin finishes the month above $140,000 at 50%. He also gave a 43% probability that the price will end....
Bitcoin just closed the 3rd quarter of the year with its best-ever performance, marking the third of only three quarterly finishes over $10,000. All good things come in threes, so here are three reasons why this the third time is the charm, and the cryptocurrency will hold strong above the clearly critical level. Bitcoin Closes […]
With the Bitcoin price having already seen a massive rally over the past year, crypto investors have turned their attention to altcoins. This is because altcoin season usually comes after Bitcoin finishes rallying and they present more potential for upside. Ahead of the second leg of the crypto bull market that is suppose to happen sometime this year, the crypto analysts at Analyst Buzz have revealed the top altcoins that are trading under $1 right now that could be a good buy. Still Bullish On Polygon’s MATIC The first of the altcoins featured on the list is Polygon’s MATIC. This comes as....
Depending on who you listen to, Bitcoin’s price is headed for either $3,500 or $1 million in the year ahead. The Bitcoin (BTC) community is divided about whether the token's price is going to surge or crash in the year ahead. A majority of analysts and technical indicators suggest it could bottom between $12,000 and $16,000 in the months to come. This correlates with a volatile macroeconomic environment, stock prices, inflation, Federal Reserve data and (at least according to Elon Musk) a possible recession that could last until 2024.On the other side, influencers, BTC maximalists and a....
Blockchain identity startup Cambridge Blockchain has finished raising $2m in a funding round backed by VC firms Partech Ventures and Digital Currency Group. The investment comes just over a year after Cambridge Blockchain nabbed the top spot at a blockchain startup competition hosted by Banco Santander’s venture capital arm, which included a $15,000 prize. CoinDesk reported last week that the Massachusetts-based company was in the process of raising capital. In interview, CEO Matthew Commons said that the startup plans to use the funding to fuel ongoing technology pilots being conducted....