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Bitcoin Price Analysis

Bitcoin Price Prediction: Oversold Conditions On The Daily Chart

After a tough red weekend, Bitcoin is still struggling to find a clear short-term trend with the price hovering around the $7,000 mark. However, several momentum indicators signal better times for the bulls ahead, as Bloomberg noticed yesterday, November 26, 2019. Indeed, the Relative Strength Index (RSI) made a U-turn yesterday and is now just […]

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Bitcoin Price Analysis

Mike Novogratz: Bitcoin Needs To Recover $7,500 In The Next Two Days Or Else

Billionaire Bitcoin bull & Galaxy Digital CEO Michael Novogratz is not that pleased with where the Bitcoin price has been heading for the last several weeks. He shared his frustration on Twitter and sent what looks like a warning to the Bitcoin bulls all over the planet: Bitcoin continues to be in the range Novogratz […]

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Bitcoin Price Analysis

Another Red Weekend: Where To Bitcoin?

Since Thursday, November 21, 2019, Bitcoin’s price has dropped around 15% down to around $6,900 to $7,000. The regional short-term low was achieved early on Monday with the number one cryptocurrency testing the $6,500 waters. Will Bitcoin recover and regain the $7,000 and beyond, in the upcoming week? Not that likely if we zoom out […]