Tag: Bear Market

Tom Lee Acknowledges the Bitcoin Price Won’t Hit $40,000 Soon

The Bitcoin price action throughout 2019 has not inspired that much market confidence. Even Tom Lee, a notorious Bitcoin bull, has grown concerned as to where this currency is headed next.  It is not uncommon for financial experts to weigh in on how markets might evolve in the coming years. Price prediction is not an accurate science by any means, but it can certainly lead to interesting discussions.  The Bitcoin …
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5 Altcoin Markets Successfully Bucking the Bearish Trend

Even though most of the top cryptocurrencies are in the dirt once again, there will be some very odd pumps and price changes taking place further down the line. These following five currencies all note strong gains despite a bearish overall trend, which is both peculiar and odd at the same time. Sustaining any uptrend will always be difficult, for rather obvious reasons. Japan Content Token Gains 49% It is rather …
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Altcoins Hemorrhage Value as Bitcoin Dips in the Deep red

As this Sunday trucks along, it has become rather apparent the cryptocurrency markets are getting battered once again. Despite a rising Bitcoin Dominance Index, it is fairly obvious to see the prices are being pushed down in violent fashion all across the board. Not the trend traders are looking for, but it is not entirely too surprising either.  Another bad day for Altcoins This past week has been very interesting …
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Bitcoin Price Isn’t Done Dropping as Support Levels Remain Unclear

It was somewhat to be expected the current cryptocurrency market trend would make a lot of traders unhappy. As Bitcoin continues to show severely bearish signs, the rest of the markets are getting battered as well. It seems unlikely the Bitcoin price will reach $9.000 again in the near future, as a drop to $7,000 is more plausible. Bitcoin Price Isn’t Rebounding yet The world’s leading cryptocurrency finds itself in …
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