Bitcoin Dumps Retreat With $9,000 Rally Imminent, Analysts Predict

The deescalation of the situation in Iran may have triggered a round of profit taking in bitcoin. Multiple analysts remain bullish on the top cryptocurrency predicting that it won’t go any lower than $7,800. While not all analysts are boldly optimistic, one must consider that bitcoin’s corrections during bull markets tend to be shallow and …

A Generational Bottom May Be in For Bitcoin at $6,500 as Traders Expect Big Rally

Bitcoin price strongly defended a key support dating back to 2015. It rose by more than $1,000 in 24 hours, marking a potential generational bottom. Positive sentiment can be carried over to early 2020, unlike late 2018. The bitcoin price has strongly recovered after testing the $6,400 support level. Following a $1,000 increase, a “generational …

This Bitcoin Price Chart Makes the Crypto Market Crash Look a Lot Less Scary

The bitcoin price continues to plummet from its 2019 record near $14,000. Crypto investors are worried while critics are gloating. But the cryptocurrency remains the highest performing asset in 2019. And dollar cost averaging BTC investments even outperformed the same Dow exposure since bitcoin’s all time high price in 2017. Bitcoin’s price is continuing its …

In Nod to Crypto Community, Twitter Won’t Purge Hal Finney’s Account

Crypto Twitter members breathed a collective sigh of relief today after some reassurance from the man himself. Square Crypto, whose Twitter account is seemingly manned by bitcoin bull Jack Dorsey, revealed that the Twitter account of the late Hal Finney isn’t going anywhere. It started with a tweet by bitcoin rewards app Lolli, which asked …

Crypto Investors Favored Hillary in 2016, But Crypto Whales Voted Trump

Crypto investors supported Hillary Clinton over Donald Trump by a wide margin in the 2016 election. But those who supported Trump have invested significantly more of their savings in cryptocurrency. Libertarian Gary Johnson was almost as unpopular with crypto investors as the general population. A recent survey of the political affiliations among cryptocurrency investors found …