Bitcoin Price News

The price of Bitcoin (BTC) can refer to either the energy cost of maintaining and securing the Bitcoin network through mining or the market value of BTC at a particular moment or over the course of time. Most of the discourse tends to surround the latter. 

Bitcoin is a radically market-driven asset that is not backed by any commodity or central authority. As such, Bitcoin price movements tend to be volatile. Bitcoin’s price today will be different from Bitcoin’s price tomorrow. Ultimately, the price of Bitcoin is the result of the combined activities of a global community of stakeholders including miners, traders and consumers. 

There are various theories on how the market values (or ought to value) the price of BTC, from the supply-based pricing model, which necessitates increasing demand for value to increase, or the efficient-markets hypothesis (EMH), which asserts an ultraefficient, omnipotent marketplace that has already factored in the necessary information, to the stock-to-flow (STF) model, which measures an asset’s scarcity by tracking the ratio between current supply and annual production rate. This last model has attracted many in the BTC community for its thorough analysis and incredibly bullish sentiment.

Price Analysis
Bitcoin remaining relatively stable despite a cryptocurrency exchange getting hacked over the weekend is a positive sign for the market’s maturity.
What price must Bitcoin reclaim for a renewed bull market in October?
Michaël van de Poppe
Markets News
KuCoin reported a major security breach on Sep. 26, affecting Bitcoin, Ether, and ERC20 hot wallets while BTC and ETH prices remain unfazed.
Bitcoin price unfazed after $150M hack of major exchange KuCoin
Joseph Young
Markets News
Bitcoin whale clusters show the $10,407 level has turned into a strong support area, raising the chance of a renewed bullish uptrend.
‘Bulls have won’ — Bitcoin whale clusters suggest BTC trend reversal
Joseph Young
Markets News
Cryptocurrency ETP volumes continue to drop as long-term investors look for safer options during Bitcoin’s dry spell.
Crypto ETP volumes fell in September as investors sought safer options
António Madeira
Markets News
A long-term downtrend flips to form bullish support as Willy Woo says Bitcoin’s days of tracking traditional markets are numbered.
Decoupling? Bitcoin vs. gold ratio snaps out of 3-year bear market
William Suberg
Price Analysis
Bitcoin price still has a CME futures gap unfilled at $9,600 but that doesn’t mean $11K won’t be reclaimed soon.
Bitcoin may see relief rally to $11K after Dollar Strength Index soars
Michaël van de Poppe
Markets News
The Bitcoin (BTC) price faces numerous heavy resistance levels in the near term, whale clusters from Whalemap show.
Whale clusters pinpoint 4 critical short-term Bitcoin price levels
Joseph Young
Markets News
$9,000 would be the ideal “buy the dip” opportunity, says Vays, with $7,000 soon to form Bitcoin’s untested 200-week moving average.
Bitcoin price ‘worst-case scenario’ is now $7,000 — trader Tone Vays
William Suberg

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