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Bitcoin Woes Not Over? Analyst Predicts Further Crash To $47,000

[Jul 6 4:00 PM] Although Bitcoin has reclaimed the $56,000 price level in the past few hours, its sudden drop below $54,000 on July 5 has reminded investors of the intense volatility associated with the market. In the larger timeframe, Bitcoin has been down by 7%…

Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?

[Jul 5 10:00 PM] As Bitcoin faces strong headwinds, breaching two critical support levels at $60,000 and $56,500 in quick succession, it may, on the surface, appear that fear is gripping the market. There are reasons to be afraid, especially for coin holders…

Mt Gox Initiates Bitcoin Repayments to Creditors

[Jul 5 8:16 AM] The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its…

Bitcoin Price Crashes Below $54,000: Top-5 Reasons

[Jul 5 2:00 AM] In the last four days, the Bitcoin price has plummeted over 15%, with a significant 7.8% drop occurring in just the past 24 hours. From a high of nearly $72,000 in early June, the price of BTC has now declined by almost 25%. Here are the key…

Bitcoin Plunging: Is This The Best Time To Buy BTC?

[Jul 4 10:00 PM] Bitcoin is fast selling off. At spot rates, the world’s most valuable coin dropped by over 5% on the last day of trading and continues to spiral lower, easily breaking $60,000. The psychological round number has been level to watch out for…

Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms

[Jul 4 8:47 PM] Bitcoin price failed to start a recovery wave above the $61,500 resistance zone. BTC started another decline and might dive toward $55,000. Bitcoin started a fresh decline and traded below the $58,500 zone. The price is trading below $60,000 and…