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Macroeconomic Analyst Predicts Bitcoin Below $8,000

The bitcoin price could creep below the $8,000 level soon, according to Mati Greenspan of eToro. The senior market analyst said in a tweet today that bitcoin is looking to test its 200-daily moving average, which reflects the benchmark cryptocurrency’s…
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BTC and Gold Showing Correlated Moves, Will Bitcoin Price Rise From Here?

In recent weeks, the trade war between the Trump administration and China has been heating up, and fueling concerns that the global economy is on thin ice. The fears have caused a massive inflow of capital into gold and Bitcoin markets due to…
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Gold Skyrockets as Bitcoin Price Plummets, Which Wins Battle for Economic Hedge?

Bitcoin price in recent days has started a long-overdue correction following a powerful multi-month, parabolic rally that took the price of the crypto asset from a trading range between $3,000 and $4,000, to local highs of over $9,000. But as…
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Analyst Predicts Bitcoin will Bottom Out after Plunging 85% Since ATH

Bitcoin will bottom out after totaling a plunge of 85% since its all-time high, says Anthony Pompliano. The Morgan Creek Digital Partner told CNBC during a grilling interview that it is normal for Bitcoin to undergo bear cycles every once a…