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BTC Price Indicating a Bullish Trend Reversal? Jim Cramer May Disagree

Two days after Jim Cramer made bearish comments on Bitcoin, the BTC price has started to revive itself. A bullish reversal is not yet confirmed, as Bitcoin would have to break above key resistance for that to happen. However, the BTC price has moved back to above $6,000, which indicates a trend reversal could very well be in progress.  And yet, Cramer has still thrown in the Bitcoin towel. He even did so on the day that Bitcoin crossed a high of $6,259. So what gives? Jim Cramer BTC Price: Who Should We Believe? It’s difficult to say, as the crypto market is somewhat divided this week. Some are…

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Bitcoin [BTC] Google Searches Down 75% in Six Months

Bitcoin (BTC) – Web searches for the word ‘Bitcoin’ have dropped around 75% since the beginning of 2018, according to Google Trends. Source: GoogleTrends Google Trends analyzes different ‘periods of popularity’ for individual web searches. The value of ‘100’ on their site is given to a specific term that is being searched at its peak of popularity. Bitcoin (BTC) reached its all-time record high of $20,000 a coin in mid-December 2017 and has been dropping ever since. >> Bitcoin Price Manipulation? Bull or Bear? Before Tom Lee, Nick Colas was the first Wall Street analyst to cover Bitcoin back in 2013, and he is bearish on BTC…

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Joe Davis; Vanguard Economist, Predicts Bitcoin Price Will Crash to Zero

Joe Davis; Vanguard economist believes that Bitcoin price (BTC) will crash to zero, and it will never emerge as reliable currency. Bitcoin price remains range-bound after falling 15% from three months high of $9,900 level. The bearish trend has been receiving support from influential icons. The debate over the use of Bitcoin as a medium of exchange is also contributing to the sell-off. Bitcoin price trades around the $8,300 level today. Altcoins are in the red after a short rally at the beginning of the week.  The total cryptocurrency market hovers in the range of $380 billion, down from $465 billion it hit a few days ago. Joe…

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Bitcoin Price: Bitcoin Continues to Flirt with the $8000 Mark

Bitcoin Price (BTC) is largely controlled by trader’s sentiments regarding the future fundamentals of cryptocurrency markets. Trader’s sentiments have been improving sharply in crypto markets over the last week, driven by bullish price predictions and regulator input to control unfair practices. Rather contrary to the previous precedent of “going against” government interference and regulation,  the management of Ripple (the third largest cryptocurrency), has invited the government to play their role in cryptocurrency markets. “We’re at that time now where we need more clarity and rules, and we need more certainty. It’s a good time to start revisiting that ‘wait and see’ approach taken by regulators,” Ryan Zagone,…

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