Analyst Compares Bitcoin’s Risk-Return to Amazon, Says Bitcoin Is A “Different Beast”

Analyst Compares Bitcoin’s Risk-Return to Amazon, Says Bitcoin Is A “Different Beast”

Amazon is often brought up as an example of how traditional investors can be mistaken regarding new ventures. As such, some analysts tend to draw comparisons between Amazon stock and Bitcoin, suggesting that traditional analysts don’t understand Bitcoin. Now, however, one analyst argues that Bitcoin and Amazon do not compare. Bitcoin “is a different beast” … Continue reading Analyst Compares Bitcoin’s Risk-Return to Amazon, Says Bitcoin Is A “Different Beast”

Imprisoned Ross Ulbricht Predicts $100,000 Bitcoin Price in 2020 Using “Elliot Waves”

Imprisoned Ross Ulbricht Predicts $100,000 Bitcoin Price in 2020 Using “Elliot Waves”

Ross Ulbricht is known in the cryptocurrency community as allegedly running the Silk Road marketplace. Despite being behind bars, however, Ulbricht is now becoming relevant once again. Specifically, he recently made a spectacular claim that Bitcoin will surge to $100,000 in 2020.  $100,000 Bitcoin in 2020? Moreover, this signficant predict is supposedly not taken out … Continue reading Imprisoned Ross Ulbricht Predicts $100,000 Bitcoin Price in 2020 Using “Elliot Waves”

Bitcoin Falls to $9,500 As Bitcoin Naysayers Gloat Over Price Drop

The price of Bitcoin has taken a hit during intraday trading. At the time of writing, Bitcoin is currently trading at a price of $9,540. This means that Bitcoin has fallen around 7% since yesterday. Moreover, crypto naysayers have taken this opportunity to gloat over this recent price fluctuation. Bitcoin’s price suddenly drops below $9,500 … Continue reading Bitcoin Falls to $9,500 As Bitcoin Naysayers Gloat Over Price Drop

Data Findings Suggest Bitcoin Price Will Continue to Rise, Says Qualitative Researcher

Although Bitcoin has been trading mainly in the $10,000 to $11,000 interval for the past weeks, it may soon surge. That is at least if one qualitative researcher is to believe, who analyzes key crypto metrics and Bitcoin data to forecast price performance. Does data prove that Bitcoin has yet to reach its top? Although … Continue reading Data Findings Suggest Bitcoin Price Will Continue to Rise, Says Qualitative Researcher