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
BTC is oversold and possibly ready for a relief bounce, but this could be a trap for altcoins and Bitcoin if bull volume fails to sustain.
Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, ACH*, FTM
Rakesh Upadhyay
2022-01-23T18:31:27+00:00
12241
News
Data from BTC.com estimates that the network will continue to grow stronger by attaining another all-time high in the next 12 days, with a network difficulty of...
Bitcoin records all-time high network difficulty amid price fluctuations
Arijit Sarkar
2022-01-23T05:32:57+00:00
19195
Altcoin Watch
A confirmed head and shoulders pattern on SOL’s daily chart points toward a drop to $70.
Bearish chart pattern hints at $70 Solana (SOL) price before a possible oversold bounce
Yashu Gola
2022-01-22T23:30:00+00:00
25399
Market Update
It‘s looking more and more like a capitulation, but so far, open interest remains “unflushed,” analysts warn.
BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash
William Suberg
2022-01-22T10:54:42+00:00
48886
Market Update
BTC price dropped to new lows at $36,000, leading analysts to call for a “Hail Mary close above $39,600” to stave off a bearish shift in Bitcoin’s market struct...
Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear market
Jordan Finneseth
2022-01-21T22:07:06+00:00
56530
Price Analysis
Bitcoin and most major altcoins are close to breaking below critical support levels and traders’ reluctance to buy in the current range could exacerbate the sel...
Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE
Rakesh Upadhyay
2022-01-21T17:38:39+00:00
26017
News
Twitter users reacted to the most recent Bitcoin price dump below $40,000 with various levels of emotion.
Crypto Twitter responds to Bitcoin dump: ‘Ok cool’
Ezra Reguerra
2022-01-21T14:15:17+00:00
17915
News
Crypto proponents point their finger to the Fed interest rate hike, Wall Street and Russia as the prominent reasons behind the $500 billion crypto market wipe o...
3 wildest theories explaining $500B crypto market crash
Prashant Jha
2022-01-21T13:32:20+00:00
31284

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