2018 RSS
Bitcoin Mid-Year Target at $28,000 Still in the Play, Financial Analyst
Making a prediction is easy, right? But getting your prediction right is another thing. For the past few months, Bitcoin has been the talk on every table rather negatively. The bitcoin price has stumbled to a current low of nearly $7,500 which makes it so worrying about the future. However, Ronnie Moas has a very different perspective, and according to him, it is just a matter of time before things get back on track with bitcoin. He holds his target that by mid-2018 bitcoin will hit $28,000. It is a beautiful belief by Ronnie, but the current BTC price trend, makes his...
5 Ways Crypto is Doing Good in 2018 and Beyond
There have been plenty of opinions about the real value of cryptocurrencies. For some, it’s the replacement for fiat currency. Others see immense value in cryptocurrency’s ability to store value and function as an investment asset. Some have focused instead on the technology side, touting blockchain as a great leap forward towards how we create applications to better serve people. In this last regard, the crypto industry has become a great equalizer. Blockchain’s architecture—a decentralized and democratic mesh-like network—means that it eschews traditional structures that its centralized counterparts must abide by. For instance, the lack of centralization means that there...
Bitcoin Sees Bull Reversal Ahead of Chinese New Year Holiday
Bitcoin looks set to test the $10,000 mark soon, as per technical analysis, although some investors fear the Lunar New Year may play spoilsport. Ahead of New Year holidays (starting Feb. 15), Chinese and South Koreans often exchange bitcoin for fiat currencies (to fund increased spending), and bitcoin (BTC) tends to drop in the run-up to the event. Boosting such fears this year is bitcoin's (BTC) recent inability to move above $9,000 in a convincing manner. Since Feb. 10, the cryptocurrency has been restricted to a narrow range of $8,000 to $9,000, shows CoinDesk's Bitcoin Price Index (BPI). Still, historical data indicates...
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