Bitcoin is down 20% in December.
It’s also just the first week of December. This kind of market volatility, however, is nothing new to Bitcoin or crypto — it’s par for the course.
This is not financial advice.
Traditional markets sold off globally around new COVID variant fears. The Omicron…
It’s the final month of 2021, and Bitcoin is sitting near $57,000. The world’s largest cryptocurrency by market cap has been on a wild ride this year, and everyone is wondering if it will hit $100,000.
Will Bitcoin hit $100k in 2021?
The 2021 low for Bitcoin is near $30,000…
The road to new all-time highs is riddled with volatility — don’t expect Bitcoin to continue mainstreaming without it.
Volatility is part of the journey.
Target Price Range: $58,000–67,000
Bitcoin managed a daily close of over $60,000 for four straight weeks with the exception of less than a handful of…
I don’t like price predictions.
That said, let’s talk price…
BUT FIRST, a few things.
I’m a Bitcoiner at heart.
I bought Bitcoin in 2014, sold some, spent some, lost some in useless games or gambling, bought more, and now mine crypto in order to ultimately earn more BTC. …
Bitcoin is trading within a target price range of $60,000–67,000. With the first week of November in the books, Bitcoin looks strong. The world’s largest cryptocurrency by market cap is consolidating north of $60,000.
Bitcoin has yet to close below $60k this month. Since October 14th, there has been just…
Bitcoin is up 20% in October.
Target Price Range: $50,000–58,000
In the first two weeks of the month, the world’s largest cryptocurrency has rocketed from $43,000 to prices north of $56,000.
October is signaling bullish.
The last time we saw Bitcoin at this price, it was May 11. Following the…
Bitcoin remains in a tight trading range below $50,000. Despite China making crypto-related transactions illegal, BTC is even on the week.
Bitcoin is down ~9% in September
After a rally to $53,000 is early September, Bitcoin failed to retake the $50,000 price level and the August close is now the…
Bitcoin continues to consolidate below $50,000. After El Salvador launched Bitcoin as legal tender last week, the world’s largest cryptocurrency has been in correction mode.
Target Price Range: $42,000–47,000
BTC is up ~10% from the July close
Since Sept. 7, Bitcoin has fallen from highs near $53,000 back into the…
Bitcoin continues its test of $50,000.
Once again, the world’s largest cryptocurrency by market cap is consolidating below $50k. Last week, Bitcoin broke the psychological barrier briefly before retracing to current levels.
Target Price Range: $47,000–50,000
On the month, BTC is up ~24%.
The August close looks to be within…
At the start of the current crypto bull market, I wrote a piece called Are You Prepared for $100,000 Bitcoin? It was December 2020.
By mid-April 2021, the world’s largest cryptocurrency by market capitalization hit an all-time high north of $64,000.
