Bitcoin price

January 6, 2022
Latest Bitcoin flash crash – a buying opportunity? premium
The price of Bitcoin and other cryptocurrencies will robustly rebound after a sudden drop on Wednesday, after minutes from the Federal Reserve’s latest meeting were unveiled. In a matter of hours, the price of Bitcoin dropped $3,000, from over $47,000 to just under $44,000. The Fed minutes heightened predictions that the U.S. central bank will now act faster to hike interest rates to combat surging inflation. As such, there was a knee jerk sell-off on Wall Street and the Read More
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Nigel Green
October 5, 2021
Is Bitcoin on track to hit $100,000 by the end of the year? premium
Bitcoin,I believe, may well hit record highs of $100,000 by the end of this year due to five key issues fuelling momentum. At the end of last week Bitcoin rose close to 10.8% to hit $47,800 on Saturday. I said last month that we can fully expect the world’s largest cryptocurrency to hit, or perhaps even exceed, its mid-April record high of $65,000 by the end of this year. Yet now I think if the current price momentum carries on, we may see Bitcoin hit the $100,000 mark. To my Read More
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Nigel Green
July 23, 2021
Bitcoin will reach all-time highs again in 2021 premium
Bitcoin will return to its previous all-time highs by the end of this year, driven up by the recent comments on cryptocurrencies from Elon Musk, Jack Dorsey and Cathie Wood at the The B Word Conference earlier this week. Tesla and Space X founder Elon Musk, Twitter founder Jack Dorsey, and Ark Investment’s Cathie Wood all talked about the massive future potential of Bitcoin – the world’s largest cryptocurrency – at this virtual event. In fact, following their comments, Read More
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Nigel Green
March 31, 2021
Institutional investors will permanently increase Bitcoin price premium
The price of Bitcoin has pulled back slightly after reaching record highs of over $61,000 earlier in March. Since the rally got underway in October, Bitcoin’s price is up almost 500%. Yet, as I was quoted by the Daily Mail, amongst other media, this a drop in the price will spark a rise in institutional investment, which will permanently drive up the price. Indeed, for the past five months, the world’s largest cryptocurrency has enjoyed an impressive Read More
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Nigel Green
February 16, 2021
Bitcoin to hit new highs, but investors should brace for volatility premium
The Bitcoin price is nearing the $50,000 mark, and will continue to hit new highs in Q1. However, investors should also expect volatility as a result of the heightened regulatory scrutiny. Last week was a huge week for Bitcoin – the world’s largest cryptocurrency by market capitalisation. As I was quoted by Business Insider, and as I explain in this YouTube video, the cryptocurrency hit new record highs and led to mounting interest from institutional Read More
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Nigel Green
August 24, 2020
U.S. presidential election and weak dollar: High-octane Bitcoin drivers in 2020 premium
The weak U.S. dollar and the U.S. presidential election will be two high-octane drivers for Bitcoin’s price in 2020. Campaigning for the upcoming election has now stepped up to a crucial stage as Joe Biden formally accepted the Democratic nomination last week. In addition, the dollar plummeted to a two-year low on concerns over the health of America’s economy. Currently, the world’s largest cryptocurrency is one of the best-performing assets of the Read More
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Nigel Green
May 1, 2020
Bitcoin price to reach $10,000 before May’s halving? premium
The price of Bitcoin will hit at least $10,000, even before the halving event takes place on May 11. On Thursday, the price of the world’s largest cryptocurrency skyrocketed by more than $1,500, driving it to the highest value seen since February. The price peaked at $9,400. This surge precedes the highly awaited Bitcoin halving event getting underway this month. This event takes place every four years and means that less and less Bitcoin – which is capped at 21 million Read More
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Nigel Green