BTC Price

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Chance at Bitcoin and Crypto Recovery Seems Closer Than Expected

Twitter’s crypto community holds its breath as Bitcoin (BTC) charts approach MACD cross. The community hopes to see a speedier recovery for the crypto market.  Bitcoin (BTC) seems to be in better sentiment since the reigning FUD last month. Bitcoin could head into a stronger bullish signal if it can hold its present momentum. This observation comes from Lark Davis, active crypto trader and investor, who holds popularity in the Twitter crypto community.  In detail, Davis points to the Bitcoin price charts as we can see from the tweet above. He states that Bitcoin (BTC) is growing closer to hitting

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Bitcoin Recovery Streak Falters at 50-Day Moving Average

Bitcoin’s initial price recovery seems to have hit a snag.  The BTC price fell after failing to retake the 50 day moving average.  Presently, the price of Bitcoin (BTC) is staggering closer to below $21,000. It seems the crypto sector popped their champagne bottles a little too early last week, at least, it seems so according to Lark Davis. The popular crypto investor and trader highlighted Bitcoin’s (BTC) feeble attempt at recovery on Twitter.   As we can see from the tweet above, Lark Davis mentions how the recent surge in the price of Bitcoin (BTC) is already falling. Indeed, it

MicroStrategy, Tesla, and Block Lose $5 Billion From BTC  Drop
MicroStrategy, Tesla, and Block Lose $5 Billion From BTC  Drop

Bitcoin drop also affects the stock market of the three company stock. According to Coinmarketcap, the price of Bitcoin sits at below $25k. Tesla, MicroStrategy, and Block lost $5 billion in BTC dip. According to recent reports by a financial analyst, Tesla, MicroStrategy, and Block have all lost $5 billion from the recent drop in Bitcoin.  The toll reflects the risk that companies encounter when they put a portion of their cash into Bitcoin. MicroStrategy has been the most aggressive company in buying Bitcoin(BTC). Although bitcoin has dropped slightly from its lows of just over $18,000 last month, there is

Bitcoin Halving: Why Bitcoin Halving Matters
Bitcoin Halving: Why Bitcoin Halving Matters

A Bitcoin halving occurs when the mining incentive for Bitcoin transactions is cut in half. Analysts are counting the days before the fourth halving event of BTC. Halving maintains steady and predictable supply new BTC entering the market.   Bitcoin halving is an event where the bitcoin blockchain reward gets cut in half. This happens roughly every 4 years. The last Bitcoin halving occurred on 11th May in the year 2020. In a post on Twitter today, Lark Davis tweeted saying that there are 684 days left until the next Bitcoin halving which is expected to occur on  April 4, 2024.

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Bitcoin Addresses Surpass 1 Billion Despite Rocky Crypto Market

The number of Bitcoin (BTC) addresses ever created surpassed 1 billion.  This is great news and a clear indicator of high Bitcoin (BTC) adoption.  It is even more exceptional as the milestone came during crypto winter. As the crypto winter continues to rattle the Bitcoin (BTC) and crypto community, some sparks are still shining through. To highlight, the total number of Bitcoin (BTC) addresses to ever be created has now surpassed 1 billion.  That’s right, it looks like Bitcoin (BTC) wallets are now over the one billion milestone. This is indeed exciting news for the Bitcoin and crypto community overall.

Bitcoin Settles at $39K After Stripe Onboards Crypto
Bitcoin Charts Point to $17,500 Bottom on the Horizon

The Bitcoin Twitter community discusses a possible bottom for Bitcoin. Some say the charts are pointing to a $17,500 bottom for Bitcoin (BTC) Presently, the price of Bitcoin (BTC) is still staggering at the $20,000 area. A popular Bitcoin trader and crypto analyst sends crypto Twitter into a frenzy with his latest Bitcoin chart analysis. The main message from his charts is that Bitcoin is finally showing signs of a bottom.  In particular, he says that the Bitcoin (BTC) chart is forming an Adam & Eve pattern. In addition, he says that at the moment, the crypto is holding the

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deVere Group CEO Projects Bitcoin Bull Run in Q4

deVere Group CEO Nigel Green predicted Bitcoin will bounce in Q4. Green cited several key reasons for his prediction. Bitcoin’s price has tumbled to $23.9K, down 10% in the last 24 hours. Nigel Green, CEO of deVere Group, claims that the recovery of the leading cryptocurrency Bitcoin is now “underway.” Noting that investors should anticipate a “significant bounce” in the fourth quarter this year.  Established in 2002 by Nigel Green, deVere Group is one of the world’s leading financial advisory organizations that claim to provide high-class professional advice to its clients and investors. According to Green’s prediction, the price recovery

MicroStrategy CEO: Not Selling BTC, Rumors Untrue
Bitcoin Fails MicroStrategy, Over 1 Billion USD In Loss

MicroStrategy is at an unrealized loss of over $1 billion. This loss is due to the rapid continuous fall of the price of Bitcoin. The CEO, Michael Saylor says he will continue to hold Bitcoin as he has faith in the asset. It is no secret that MicroStrategy’s CEO — Michael Saylor, is a huge fan of Bitcoin, its philosophy, and everything it stands for. Over the last year, the CEO has spent millions investing in Bitcoin (BTC).  Presently, with the price of Bitcoin falling at an exponential rate, many investors are panic selling. In contrast, others continue to hold

Bitcoin Drops $33K, Predictions to Hit $10K This Year
Whale Moves 1,000 BTC as Bitcoin Price Continues to Fall

The price of Bitcoin is now $25,43.91.  Some are hoping for a bigger dump so they can buy Bitcoin at a lower price.  Others are expecting buyers to start buying so the price will recover quickly. Bitcoin (BTC) seems to have had a haggard weekend as the price of Bitcoin (BTC) dwindled further. Presently, Bitcoin (BTC) price is $25,443.91, according to CoinGecko. During this time, a whale has moved 1,000 BTC ($25,619,347) from an unknown wallet to Bitbank. It looks like many are panic selling and this whale could be the next one to do so. Responses to the tweet

Rising Economic Strain Leads to Higher Faith in Bitcoin
Bitcoin Community Rejoices, BTC Market Cap Is Above $600 Trillion

Bitcoin’s market capitalization is back of $600,000,000,000. The Bitcoin community is happy to see this steady recovery.  They now hope the price of Bitcoin (BTC) will recover steadily as well. Bitcoin Magazine has been duly updating Bitcoin’s journey so far. Its most recent record states that Bitcoin (BTC) is back at a market cap of over $600,000,000,000. This is indeed very exciting news for the crypto community.  It seems that the crypto market is gradually leaning towards the road to recovery. Presently, the price of Bitcoin (BTC) is $31,642, up by 3.2% over the last 24-hours. This week, Bitcoin is

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Bitcoin Will Reach $250,000 Says Venture Capital Investor

American venture capital investor, Tim Draper says Bitcoin price will reach $250,000. He says this price will likely come to fruition around the end of 2022 or start of 2023.  Draper says a massive bull run will come as more people adopt BTC, especially women. American venture capital investor — Tim Draper predicts that Bitcoin (BTC) will reach $250,000 by the end of 2022 or by early 2023. This is according to a tweet from Watcher.Guru. In detail, Draper believes that as store owners continue to accept BTC as payment, more and more people will begin to adopt crypto. In

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Bitcoin (BTC) Candles Moves From Red to Green After 9 Weeks

Bitcoin (BTC) chart moves to show a green candle.  This green candle came after 9 consecutive red candles.  Many are expecting the price of Bitcoin to reach $35,000 soon. Popular Twitter page — Bitcoin Magazine, highlights an interesting observation within the price charts of Bitcoin (BTC). Over the last weeks, the candles on the chart have been blindingly red. As we can see from the tweet above, Bitcoin (BTC) has had a rocky 9 weeks. Also highlighted in the tweet is the fact that the current signal for Bitcoin (BTC) and its price seems to be moving in a good