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Bloomberg Researchers Bullish on Bitcoin, Demand Points To $12,000

July 6th, 2020|

A new 2020 crypto outlook report from Bloomberg has been released, revealing just how bullish the company’s analysts are on Bitcoin.  The report puts a spotlight on the first-ever cryptocurrency’s digital scarcity and suggests that

Bitcoin Entrepreneur Brock Pierce Joins the 2020 US Presidential Election

July 6th, 2020|

Blockchain entrepreneur and former Disney child actor, Brock Pierce, is running for President of the United States this election. Pierce announced he was running during America’s Independence Day celebration on July 4, the same day

A New Price Valuation Model Says $10,670 Fair Value For Bitcoin

July 6th, 2020|

Seba, a Switzerland based bank, is proposing a Bitcoin valuation model that places its fair value at $10,670. At this price, the model suggests Bitcoin is trading at a significant discount, at just above $9,100.

This Historically Accurate Bitcoin Bullish Indicator Flashes Again

July 6th, 2020|

A bullish Bitcoin indicator with no false price predictions on record flashed for the first time in fourteen months. The so-called “Golden Cross,” in its last occurrences, sent BTC/USD exchange rate higher by 67-6,458 percent.

Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why

July 5th, 2020|

Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions,