10 Reasons Bitcoin Will Party Like 2017 for a Massive Bull Run in 2019

Many are wondering if we’re seeing the beginning of a 2019 Bitcoin bull run. After a bloody 2018 for the world’s first and most highly valued cryptocurrency, Bitcoin is starting off 2019 with some major traction on what appears to be quite solid ground. Is This The Start of A 2019 Bitcoin Bull Run?     The beginning of another Bitcoin bull run is far from a certainty. But it might not be a coincidence that Bitcoin’s price has so much up power right about now. Here are 10 strong…

Crypto Market Gains $15 Billion in 4 Days Bitcoin Not Ready For $4,000:

Since February 17, within 4 days, the valuation of the crypto market has increased from $120 billion to $135 billion, by $15 billion. Crypto assets that have outperformed both Bitcoin and the U.S. dollar throughout February in the likes of EOS and Litecoin recorded 4 to 6 percent gains in the past 24 hours, showing strong momentum. Litecoin Surges by More Than 50% in 3 Weeks, Source: TradingView Litecoin, in particular, demonstrated a spectacular rally from $33 to $50, gaining 51.5 percent in less than three weeks. However, a technical…

4 Reasons Bitcoin is the World’s ‘Most Compelling Asset’

Now is the perfect time to buy bitcoin, according to Spencer Bogart, a partner at Blockchain Capital. Speaking to Bloomberg, Bogart was evangelical about bitcoin, calling it “the most compelling asset in the world right now.” Bogart is notoriously bullish, maintaining a $50,000 price target on bitcoin. Why is he so optimistic during the depths of this crypto winter? He pointed a string of possible catalysts for another bitcoin boom, including global tensions, rising national debt, and the increasing interest from institutions. Let’s go through them one at a time.…

Dow, Bitcoin Wobble While Trump Gives Ridiculous Stock Market Analysis

Neither the Dow nor the bitcoin price made a strong move ahead of Wednesday’s opening bell, though US President Donald Trump’s bombastic stock market commentary provided more than enough entertainment for investors on Wall Street and Main Street alike. Dow Quiet as Stock Market Enters Mid-week Session Shortly before the market open, Dow Jones Industrial Average Futures had declined by 24 points or 0.09 percent, implying a fair value loss of 25.32 points. S&P 500 futures declined 0.04 percent, while Nasdaq futures rose 0.11 percent in pre-bell trading. Futures tracking…

Bitcoin Chart Has All Signs of a Bottom, Surging Past $4,200 May Trigger Big Move

In the past 48 hours, the valuation of the crypto market increased by $13 billion as Bitcoin moved rapidly from $3,600 to $3,900 by 10 percent. Traders are expecting a near-term pullback following a strong movement in the cryptocurrency market. The overall cryptocurrency market cap is continuing to make robust gains. Source: Coinmarketcap.com But, economist and analyst Alex Krüger foresees the Bitcoin price surging fast beyond key resistance levels if the dominant cryptocurrency is able to break out of the crucial $4,200 mark in the weeks to come. The time…

Crypto Expert Warns Not to Trust the Bitcoin Rally

The bitcoin price has not bottomed yet, but it’s close — and the sooner it tanks, the better. That’s the assertion of Alex Sunnarborg, a founding partner of New York crypto hedge fund Tetras Capital. “Calling [the bitcoin bottom] is very difficult,” Sunnarborg told Forbes. “That’s part of the reason I’m really thankful that we’re in the position we are right now. “We can hedge ourselves, remain more neutral, and not have to call that exact price or timing bottom. I’m not confident right now. Our portfolio is relatively neutral. We…

It Could Lead to Much Bigger Things

On February 11, Nasdaq, the world’s second-largest stock exchange, launched Bitcoin and Ethereum indices to present accurate prices of the two leading crypto assets. Nasdaq’s Bitcoin Index a Likely Precursor to Crypto Investment Products According to cryptocurrency analyst Alex Ziupsnys, the introduction of the crypto indices of Nasdaq could lead to the approval of a wide range of investment vehicles in the long-term. The analyst said: “NASDAQ to add a bitcoin index on its platform. They are reading the writing on the wall and don’t want to get left behind.…

Dow Futures Eye Feeble Open, But is Bitcoin on the Verge of a Historic Recovery?

The US stock market appears doomed to make a weak entry into the week’s first trading session following Monday’s Presidents’ Day holiday, as the Dow and its sister indices are all forecasting opening bell declines. The bitcoin price, on the other hand, burst out of a prolonged period of stagnancy and has many investors questioning whether the cryptocurrency is on the front end of a new bull market. Dow Futures Point South As of 8:55 am ET, Dow Jones Industrial Average futures had lost 58 points or 0.22 percent, implying…

is Crypto Ready For Trend Reversal After Massive Gains?

In the last 24 hours, the valuation of the crypto market increased by $8 billion as the Bitcoin price neared the crucial $4,000 resistance level. Bitcoin price is nearing $4,000 in a bull-run rarely seen in recent months. Source: TradingView Major crypto assets in the likes of EOS, Ethereum, and Bitcoin Cash recorded gains in the range of 10 to 30 percent. Most cryptocurrencies have started to see record high volumes across leading cryptocurrency exchanges, demonstrating an increase in demand for digital assets. What is Causing the Rally and Can…

Another Bitcoin Break Near $4000 or Are The Bulls Rushing the Gate?

Bitcoin is over $3900 globally, though many exchanges still have it trading closer to $3850. Ethereum’s broken beyond $140, might take $150 before the day is through. Bitcoin Cash is right behind it. It’s green everywhere you look. Even Bitcoin SV is on the rebound, resting at $68 after $155 million in trades. Of the top 100 cryptocurrencies, only 4 were showing a negative 24-hour change. One was Paxos Standard. We should expect a high amount of conversions to be going on with stablecoins today, a lot of turbulence in…