Bitcoin Archives - Page 11 of 11

Analysis (Fundamental and Technical) Bitcoin

Large Bitcoin Corrections Do Not End Bull Rally: Former Google Engineer

Posted on July 2, 2019by Yashu Gola

Several market analysts anticipated an extended massive downside correction in the Bitcoin market after the asset surged by more than 235 percent in the second quarter of 2019. Seasoned trader Peter Brandt said on May 27 that he expects a majority of sold-out bulls to capitulate. Market analyst Walter Wyckoff too predicted bitcoin at $5,800 soon,…

Bitcoin Price Now 30% Down from 2019 High

Posted on July 2, 2019by Yashu Gola

The price of bitcoin on Tuesday was almost 30 percent down from its year-to-date peak of $13,868.44. The BTC/USD exchange rate established a new intraday low at $9822.59, down 9.46 percent according to CoinStats’ cryptocurrency portfolio management app. The move downward brought the bitcoin’s market capitalization to circa $174.15 billion. At its 30-day high, the…