Bitcoin volatility made another dramatic appearance recently, with the Bitcoin price soaring as much as 35% in less than a day.
The primary culprit was a statement by China's president that it was time for his nation to "seize the opportunity" of blockchain technology.
While that stirred up the markets, it wasn't the only reason Bitcoin shot up so quickly.
Bitcoin volatility made another dramatic appearance recently, with the Bitcoin price soaring as much as 35% in less than a day.
The primary culprit was a statement by China's president that it was time for his nation to "seize the opportunity" of blockchain technology.
While that stirred up the markets, it wasn't the only reason Bitcoin shot up so quickly.
Something more was going on...
You'd think a Bitcoin price drop of 22% in just five days would have sent investors into a blind panic.
But for the most part, the crypto community just brushed it off.
Contrast that to what would happen on Wall Street if the Dow Jones Industrial Average were to plummet 22% in one week.
But Bitcoin is not like stocks or other assets.
Here's why the price of Bitcoin fell - and why investors were unfazed...
The Bitcoin hash rate, though it gets little attention in the mainstream media, is actually the best barometer for measuring the digital currency’s long-term prospects.
That’s because the hash rate measures how much mining power is being used to create new bitcoins.
And lately, the Bitcoin hash rate has been sending a very clear message…
In the span of just one week, we once again saw some wild swings in the Bitcoin price.
The price of Bitcoin fell 8.7% in just 24 hours, something that would have caused panic on Wall Street had it happened in the stock market.
Then, just a few days later, the Bitcoin price reversed course. Within five days of bottoming out it had popped nearly 15%. But for Bitcoin, this is routine.
We've got all the details here - and how Bitcoin investors should deal with this volatility...
Bitcoin predictions for a price of $100,000 by 2021 are fairly common among crypto enthusiasts.
But they’re not the only ones making these predictions.
People with Wall-Street level credibility now are not only involved with Bitcoin, but are making the same kinds of six-figure forecasts.
We’re talking about folks with years of investing expertise.
When a commodity has gains like those we’ve seen with Bitcoin, investors will use every tool at their disposal to try to peek into the future to see if more such gains are possible – and when to expect them.
A newer type of Bitcoin price prediction chart, based on a property long applied to gold, silver and other commodities, suggests that the Bitcoin phenomenon is still in the early innings.
Back in mid-2016, a Bitcoin price prediction of $2,000 - when BTC was trading at around $600 - would have sounded like a stretch. And yet 18 months later, Bitcoin nearly reached $20,000. Today we're seeing Bitcoin price forecasts of $250,000 and higher. With the price of Bitcoin hovering around $4,000, such targets seem far out of reach.
But there are several reasons the Bitcoin price could realistically reach six figures...
Bitcoin prices took a nose dive in 2018.
We are in a bearish cryptocurrency market, but there is good news ahead.
One crypto analyst believes prices could climb more than 1,000% next year.
The biggest winner of the midterm elections wasn't a candidate or a party, but the long-term prospects for the Bitcoin price.
Seven crypto-friendly governors were either elected or reelected. And one of the newly elected governors was Democrat Gavin Newsom, a strong proponent of crypto that is now the head of the nation's most populous state. These governors join more than a dozen pro-cryptocurrency congressmen.
Here's why more crypto-friendly politicians will ultimately boost the price of Bitcoin...
Can Bitcoin prices reach $100,000?
According to one expert, it might happen sooner than you think.
Here's everything you need to know about his bold Bitcoin price prediction...
The history of Bitcoin is a volatile one. But we've found a Bitcoin price prediction chart that shows this history is a harbinger of much bigger gains to come.
This "parabolic supertrend" indicates the Bitcoin price has made several major moves upward in a cycle that has repeated several times. Despite several steep declines, the long-term trend is always higher - much higher.
And this chart is telling us the next major move up in the cycle is right around the corner...
This Bitcoin price prediction is shocking.
While a lot of people are selling cryptocurrencies, this expert believes that you should double down on Bitcoin.
That's because he thinks prices could reach $100,000...
Students are demanding to be included in the cryptocurrency revolution by learning about blockchain and crypto coins at the top U.S. schools, according to a CNBC report.
Already, 9% of students surveyed by Coinbase and Qriously have already taken a class related to cryptocurrencies or blockchain.
And to accommodate the demand, more universities are offering courses...
Coinbase is one of the easiest exchanges to use for first-time cryptocurrency buyers, and it will soon grow its user base of 13 million even further.
On July 13, Coinbase announced it was "exploring" adding five new cryptocurrencies.
It's been a rough year for cryptocurrency enthusiasts, with the price of Bitcoin dropping 54.43% so far in 2018.
However, analysts are starting to get bullish again.
In fact, one analyst believes the price of Bitcoin will climb to $20,000 by the end of 2018...
