Tag: Fundstrat

Fundstrat Analyst Claims Bitcoin’s Bottom Is In

There are still a lot of genuine concerns over the future of the Bitcoin price. Considering that the first half of 2018 has been anything but positive, more bearish pressure can be expected. Fundstrat strategist Robert Sluymer, however, is confident that the worst is behind us and that Bitcoin has bottomed out. What’s Next for Bitcoin? Compared to late 2017, the current Bitcoin price is almost too cheap to pass up. That is …
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Bitcoin Price Watch: Currency Moves Up to $8,300

Bitcoin has incurred a slight price jump in the last 24 hours. The currency was trading at a measly $8,200 during yesterday’s afternoon hours, but has since spiked by roughly $100 to trade at its current price of $8,300. It’s nothing huge, but it’s a step in the right direction. Bitcoin had previously started a journey that many of us originally thought would ease the currency closer towards recovery. A …
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Bitcoin Price Watch: Currency Drops to $9,100

Bitcoin has fallen to $9,100 after holding its ground at $9,300 during the early morning hours. This marks another subsequent drop since the currency rose to $9,800 over the weekend. At press time, analysts are relatively mixed regarding where they think bitcoin is heading. North Island Chairman Glenn Hutchins, for example, believes that the top spot in the crypto arena – currently held by bitcoin – may be grabbed by …
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Bitcoin Price Watch: Currency Drops by $200

Bitcoin has endured another small slump. After spending nearly 24 hours at $7,100, bitcoin’s price has dropped by $200 and now stands at $6,900. This has become something of a routine over the past two weeks. Bitcoin jumps a bit, then falls a bit. While nothing huge appears to be happening, bitcoin resistance levels seem stronger when compared to just three years ago. Previously, Thomas Lee of Fundstrat fame claimed …
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