4 Trends Behind Bitcoin’s Eruption to $10,000

After weeks of rallying, Bitcoin finally topped $10,000 today, ripping past this key level. Here’s a collection of what caused this move, which liquidated dozens of millions worth of BitMEX short positions. Chart from TradingView.com The Bitcoin Halving is Imminent The most notable catalyst behind Bitcoin’s rally is the block reward reduction or “halving,” In […]

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Bitcoin Price Next Stop $23,000 as Halving Approaches

More data is flowing in suggesting that May’s block reward halving will initiate notable gains in Bitcoin’s value. This latest analysis suggests that the flagship cryptocurrency will slowly move up for the rest of the year, and eventually eclipse its all-time high. BITCOIN PRICE IS FOLLOWING A CLEAR PATTERN Analyst Bitcoin Jack has posted a […]

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Bitmain Unveils its Most Powerful Bitcoin Mining Rig Yet

Bitmain may change the Bitcoin mining game again, with the upcoming shipments of Antminer S19, the newest model in the ASIC lineup. Antminer Yet to Announce Shipping, Prices for New Rig Model Antminer S19 can quickly make the previous models that powered the Bitcoin network obsolete. The latest models have unsurpassed energy efficiency, and a […]

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Why this Bitcoin Price Break Above $10k is the Real Deal?

Crypto investors are thrilled now that Bitcoin’s price has moved above $10,000 for the first time since September. Unlike earlier upswings, data indicates that this move represents a true price recovery. Analysts Identify Positive Bitcoin Price Signs Bitcoin’s price began to show signs of recovery last March when it moved above $4,000 after a significant […]

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Study Suggests Scarcity Could Drive Bitcoin Prices to $60,000 by May

Bitcoin price predictions have been coming thick and fast in recent months as the world’s top digital asset recovers from an almost year-long bear market. Some are just pie in the sky, but others have delved deeper into what could drive BTC prices to a new all-time high in the months ahead. Scarcity Will Increase […]

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Bitcoin Price to $17K in 2020, Says ‘Unorthodox’ Mining Difficulty Prediction

An ‘unorthodox prediction’ of mining difficulty increases puts the bitcoin price somewhere around $17,000 in 2020 — due to the possible power law relationship between the two. Bitcoin price and difficulty ‘power law relationship’ Twitter user @100trillionUSD is back again with another intriguing chart — this time plotting the relationship between BTC price 00 and […]

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