Why the Crypto Industry Needs to Forget Price Predictions
“We are tired of people asking us about target prices.” This was Tom Lee towards the end of 2018, the co-founder of Fundstrat Global Advisors and one of the most prominent cryptocurrency price analysts. He famously predicted Bitcoin would end 2018 at $25,000. Despite...
BTC Price Predictions, Uncovering Crypto Market Drivers
Bitcoin has failed to break out into the $10,000 territory for the second week since hitting $8,000 values. A collective of crypto market analysts strongly believes that a rally past the $10,000 mark will trigger considerable FOMO and propel the BTC price to new...
Bitcoin Dead? No, It’s Just Hibernating
Bitcoin is dying. Anyone who’s been around crypto for more than a few years won’t have heard that for the first time. Recently CNBC’s Fast Money segment held a mock funeral for Bitcoin. As the longest bear market in the history of cryptocurrency continues, the...
Social Media Sentiment: How does it Affect the Bitcoin Market?
There’s a rather unhealthy obsession going on with price in the Bitcoin market. Speculators are everywhere, particularly on social media where a few good calls can grow your audience exponentially, just like the price itself. A new wave of crypto projects and research...
Bitcoin ETF Trend Will ‘Shake out’ Weak Hands, Says Report
Bitcoin ETF Cryptocurrency prices fell sharply last Wednesday following the announcement by the U.S. Securities and Exchange Commission (SEC) to delay their decision over the Bitcoin Exchange-Traded Fund (ETF). If approved, the Bitcoin ETF would have given way to a...Top Crypto Exchange
