Tag: Tom Lee

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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Bitcoin Price Watch: Currency Holds Ground at $7,600

At press time, the father of cryptocurrencies is trading for just under $7,700. The cryptocurrency market cap has garnered over $25 billion over the last week alone, and with roughly $300 to go, many investors are wondering whether the $8,000 mark can be reached soon. One source claims bitcoin is currently facing resistance where it sits, and that the price consolidation it’s undergone over the last few days may be …
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Bitcoin Price Watch: Currency Stumbles to $7,500

At press time, bitcoin is trading for about $7,500. This is approximately $100 less than where it stood 24 hours ago. While nothing huge, it’s a clear sign that the bears still have their hands on the reins, and it’s unclear when – or even if – the current trends can reverse themselves. The manipulation of cryptocurrency prices is a common concern amongst both traders and financial authorities alike. These …
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Bitcoin Price Watch: Currency Tanks to $7,600

Bitcoin has lost over $600 in just one night. The currency is now trading for just over $7,600 – the lowest it’s been in about 35 days. This marks a serious drop over the last two weeks. Just two weekends ago, the currency was trading for about $9,800 – the highest it had been in four weeks. As bitcoin was expected to spike to $10,000, many traders and investors alike …
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