bitcoin price

MrBitcoin November 10, 2019

Bobby Lee expects Bitcoin price to reach $1 million in five to ten years after a couple of more bubbles.  Ballet crypto wallet founder, and ex-CEO and founder of one of China’s longest-running crypto exchanged, BTCC, Bobby Lee, put forward some lofty price predictions for Bitcoin at the just concluded Malta AIBC. Bobby Lee Launches […]

MrBitcoin November 7, 2019

Bitcoin price slipped today as trade talks between the United States and China took a positive turn. According to reports, China may ease tariffs against US imports suggesting that a limited trade deal is in the works. Bitcoin Price Slacked Off from the $9,500 Level The Chinese Commerce Ministry announced Beijing and Washington had reached […]

MrBitcoin November 4, 2019

The world’s most profitable company, today announced that it is going public, in what could be the biggest ever IPO. The oil giant, Saudi Aramco, posted an H1 profit of $46.9bn in 2019, compared to Apple’s $21.6bn in the same period. But one imagines that return on investment will still pale into insignificance compared to […]

MrBitcoin October 21, 2019

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now. Bitcoin May Have […]

MrBitcoin October 7, 2019

This week has seen further protests in Hong Kong, as residents feel their democracy is being eroded. Of course, we can show our own unhappiness with the current global financial system, simply by buying bitcoin. And not a tear-gas canister in sight. Bitcoin Price: The Week’s Moves Following last week’s bitcoin price drop to $8k, […]

MrBitcoin October 2, 2019

Last month, German state-owned bank Bayerische Landesbank, also known as BayernLB, published a report that discusses Bitcoin’s stock-to-flow ratio. The authors concluded that Bitcoin is “designed as an ultra-hard type of money.” Stock-to-Flow: Bitcoin Vs Gold Apparently, BayernLB authors relied on the stock-to-flow model previously proposed by Twitter user PlanB. For those unfamiliar, the stock-to-flow […]

MrBitcoin September 30, 2019

Bitcoin (BTC) price has had a volatile start to the week. Asia kicked off the trading week with a 4% selloff that brought Bitcoin price from $8,050 to $7,700. The ball was then passed to the Europeans who started a rally which continued through to the New York trading session. By the end of the […]

MrBitcoin September 29, 2019

Bitcoin (BTC) price clearly broke through key support levels at $9,500 recently, as shown in my previous analysis and has since dropped to $7,700 losing almost 19% of its value within the last few days. Bitcoin Daily Price Analysis On the 1 day chart for XBT/USD, we can see that price levels broke down below […]

MrBitcoin September 25, 2019

Bitcoin (BTC) price is heading to $4,000 after breaking support to trigger a sudden bear market, says one of its most prominent critics. Gold bug pounces on Bitcoin price drop In a tweet on Sept. 24, gold bug Peter Schiff returned to bashing Bitcoin as it fell from $9,700 to a low of $7,990 in […]