Predictions News

Bitcoin (BTC) price prediction is a precarious affair despite the host of analysts and investors hoping to make a profit. Bitcoin’s value is determined second-by-second, day-by-day by a market that never sleeps. As a cryptocurrency’s value is determined by an open market, this presents unique challenges around volatility that most currencies do not face. While cryptocurrency price prediction is an ever-moving target, market literacy is essential for someone to get the most value out of their participation in the crypto economy. 

Without getting into the weeds of technical analysis, what most traders and market analysts are hoping to discern is the overall sentiment of the market, which falls into two basic categories:

  • A bull market occurs when the price action appears to steadily increase. This is also known as a “pump,” as the influx of buyers increases the prices.
  • A bear market occurs when the price action appears to steadily decrease. This is also known as a “dump,” as the mass sell-off results in the price going lower.

Price prediction and asset speculation is a high-risk venture, so stay tuned to Cointelegraph’s daily market analysis to better navigate the ebbs and flows of crypto.

News
Some regions may want to ban Bitcoin, but industry experts say BTC is here to stay.
‘Bitcoin is the king of crypto and it’s here to stay’ says eToro CEO
Rachel Wolfson
2021-06-11T18:45:00+01:00
15675
Markets News
A decade to hyperbitcoinization is "most likely," says Kraken executive Dan Held, a forecast echoed by Unchained Capital's Parker Lewis.
Bitcoin bulls give 'conservative' 10-year estimate for hyperbitcoinization to hit
William Suberg
2021-06-04T16:28:02+01:00
46566
News
JPMorgan analyst Nikolaos Panigirtzoglou said that a medium-term fair value for Bitcoin now stands between $24,000 and $36,000.
Bitcoin price crash isn’t over, says JPMorgan strategist
Helen Partz
2021-06-01T13:33:32+01:00
17183
Expert Take
A deep dive into the three bubbles Bitcoin has faced during its existence, and how the BTC halving phenomenon impacts the price.
Forecasting Bitcoin price using quantitative models, Part 2
Daniele Bernardi
2021-05-29T16:57:00+01:00
31329
News
A new report from Stack Funds anticipates that Bitcoin dominance is likely to see an uptick soon, further supporting the asset's price in the short term.
Bitcoin dominance likely to bounce back after market slump: Report
Marie Huillet
2021-05-20T10:34:20+01:00
10142
News
Bitcoin is "not going to bounce right back," said Mike Novogratz right before it bounced back to the $42,000s.
Bears, bulls, or something else altogether? Crypto experts weigh in on recent volatility
Turner Wright
2021-05-19T20:15:00+01:00
22769
News
Over 40% of respondents were unaware that Bitcoin had a limited supply.
More than half of Australians think Elon Musk invented Bitcoin: Survey
Helen Partz
2021-05-19T08:42:43+01:00
23717
Markets News
A simple look back at past BTC price dips means that a 55% correction from all-time highs is on the table, says Carter Worth.
Bitcoin price could hit $29K next, warns CNBC ‘Chartmaster’
William Suberg
2021-05-18T11:18:04+01:00
36824

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