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Bitcoin to Recover Soon From Temporary Loss in Price

On March 26 the price of bitcoin has seen a sudden decline in price from $8,000. The cryptocurrency has been going through massive ups and down from past few weeks. The approx. loss of 7 percent was on Monday, where the tumbling of bitcoin continuous to $7,879. The news of ban of cryptocurrency ads on social platforms like Facebook, Twitter and Google have been affecting the marketing these days. The slide in cryptocurrency is all temporary and not for much time. As it has been observed in terms of bitcoin that every now and then the price of bitcoin shots up again after a massive loss. Similarly, when the cryptocurrency decreased by 12 percent in January after the announcement made by Facebook to ban all the ICO’s and cryptocurrency advertisements on their platforms. Later the price regained and came back to normal from very low to high. Such news creates havoc in the market but for the short span of time. As per the belief of cryptocurrency analysts, the Bitcoin will retriev
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Bitcoin Price Sets at $170 Billion Makes New Record

Bitcoin price has crossed $4,700 again as the time shows the news records of cryptocurrency high. According to the CoinDesk Bitcoin Price Index (BPI), today’s the bitcoin opened at $4, 630.73 and the high goes to $4,791.75 till now. This is the second time the price of bitcoin risen with an unexpectedly high rate after the 18th August of this month. As all the top cryptocurrencies increased in price altogether, the total crypto market capitalization crossed the $170 billion with all new high. The other coins such as Ethereum is also trading on high price this week according to the market data records. Now when the price of bitcoin touched $4,791. It is nowhere impossible that the expected price of $5,000 will be reaching soon.
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No Fear of Bubbles, Bitcoin Reaching the Sky

Bitcoin breaking its records and setting new highs. Where there could any place for a bubble to get busted. The entire cryptocurrencies market capitalization reached approx. 800 percent this year with the huge profits gained in Bitcoin that have surged almost 350% reaching the new high of $4,707 according to the Coindesk, Bitcoin Price Index (BPI). Bitcoin with all other cryptocurrencies have shown a promising future with sudden price rises like Ethereum and Ripple. The Best Bitcoin Exchange in India moving forward in crypto currencies market along with Bitcoin. The major bubble took place long ago in the year 1990. Since then there came many investors and analyst, who claim for the dotcom bubble such as co-chairman of Oaktree Capital Group. Looking at the Bitcoin charts you may find the similar graph pattern as it experienced in 1990’s. The bubble has similarities in many forms, where Bitcoin is now looked upon as an investment profit asset. It is hard to predict for any sort
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Bitcoin Price Technical Analysis

Bitcoin price creating new high all the time. The bullish moment in the cryptocurrency has been seen on a continuous scale. According to the technical analysis, it is more like to rise above rather than going back. The price of bitcoin is on rising as per the technical indicators the 100 SMA is above the 200 SMA. If we see the bullish momentum of the bitcoin value, the gap between the average is getting wider on a chart. The price of bitcoin currently trading at approx. 50% on the higher side. In next few days, the level could touch the $4,500. Later with its continuous surge taking a leap to 76.4% extension reaching around $ 4,700. That means it is no wonder the bitcoin price could reach to $5,000 by the end of the year 2017. Past few days were not easy for the bitcoin after much of instability in price, the bitcoin value gets a strength after the activation of soft fork SegWit on the bitcoin network yesterday. The fork could bring good changes to the network and increase the t
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Bitcoin Price Dazzling Around $4,000

Bitcoin have faced frequent ups and down in its price within few weeks after the activation of a fork. Whereas the fork been profitable for the rise in bitcoin price. The digital currency bitcoin has risen more than 300 percent since a year around, even after passing through some high volatility. The bitcoin has managed to retain its firmness and gaining the strength in its value according to the Bitcoin Price Index (BPI). For those who have been assuming that bitcoin can face bubble once again have to see disappointment. Whereas the bitcoin price has been recording high above $4,000 since it touched the value on 12 August. The year 2017 has recorded the highest flows of bitcoin price and other cryptocurrencies reaching the sky. The market capitalization of the digital asset has crossed more than 500 percent the same year according to the CoinMaketCap. Bitcoin has managed to cross many hurdles in value and ahead comes the next fork scheduled to activate in coming November this
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Bitcoin Monday Price Analysis

A new week with new expectation on a price of bitcoin. Last week was been quite fluctuating for the bitcoin price. By the end of the weekend, the bitcoin price settles down with heading high from the temporary price fall in the cryptocurrency. It’s time to keep an eye on the market. As by the Sunday night, the bitcoin price drops below temporary by 4000-threshold but by the start of the new week, Monday morning bitcoin trading regained its price from temporary fall. The price of bitcoin can reach $5000 this year is being predicted by the analyst of bitcoin. As we are looking for the target on bitcoin price is fluctuation slightly from $4000 and on many other positions sometimes high and low. This week may show high volatility in bitcoin price but it is hard to assume whether the position of figures will be coming down or crossing its own set limits. The current trade price of bitcoin at the time of article post is $4,099.18 down by 0.29 percent.
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Goldman Sachs View on Bitcoin Continuous Surge

Bitcoin has gained more than 15% since last week market close. The price of bitcoin top from $4,000 to $4,216 for the first time ever since it drops down to $2,643. The price of bitcoin started to increase after the 1st August fork when the chain split into two creating Bitcoin Cash. Bitcoin sees the growth of 335% in the year 2017. For which the Sheba Jafari, from Goldman Sachs, wrote to its client that bitcoin has been passing the target of $3,691 an augmentation wave five of this move could take bitcoin as far as possible up $4,827 before a rectification pushes it the distance down to about $2,221. Jafari is one of those who are expecting the price of bitcoin could reach $5000. The other bitcoin enthusiasts are also looking forward to the bitcoin price rise and the improvement of the software to make the transaction system fast. And as they predicted that bitcoin price will hit $5,000 after the scaling proposal Segwit. As per the Jafari analysis, the price of bitcoin won’t be
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Bitcoin Price Crosses $4,000 Sets New-High

This is the first time when the continuous surge in bitcoin price crossed over $4,000 since the value of bitcoin gained back the strength. Today’s the market value of bitcoin opened at $3,917 later it reaches to $4,225 at 9:07 a.m. UTC, according to Coindesk (BPI) Bitcoin Price Index. This was the great surprise for all bitcoin users and exchanges. The fear among the bitcoin users is slowly getting faded after the 1st August hard fork that created the new currency Bitcoin Cash with new blockchain and the price of bitcoin remains static for some time to $2,700. Now it seems like Bitcoin is roaring again and showing some positive marks after the scaling proposal activation on the bitcoin network. According to the CoinMarketCap, the total value of all the cryptocurrencies has been setting an all-time high record, where market cap is above $3137 billion. The two days before the value for the cryptocurrencies market capitalization was more than $11 billion as per the coindesk report.
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SegWit2x Announces its Agenda for Next Three Months

Segregated Witness has been locked-in on 8 August and SegWit2x later declared its plan for next 3 months. While the businesses and miners agreed upon the New York Agreement. The team of developers decided to move forward in the process to increase the block size 2MB. 90 percent of miners supported SegWit protocol for activation and now it’s been more than 24-hours the Segregated Witness has been locked-in on the Bitcoin network. Jean-Pierre Rupp the member of the Segwit2x working group revealed the plans for 2MB hard fork naming it the “Bitcoin Upgrade at Block 494,784,” He also stated: “During the month of November 2017, approximately 90 days after the activation of Segregated Witnesses in the Bitcoin blockchain, a block between 1MB and 2MB in size will be generated by Bitcoin miners in a move to increase network capacity. At this point, it is expected that more than 90% of the computational capacity that secures the Bitcoin network will carry on mining on top of this large bloc
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Bitcoin Price Soars High with New Records of $3500

Bitcoin price is its continuous form of a surge, making new high records in the cryptocurrency markets. Yesterday the price of bitcoin soared above $3,500 according to the CoinDesk Bitcoin Price Index. The bitcoin price came out to be a huge surprise for its investors and traders. Since the start of the year, it has climbed 250%. The price of bitcoin was below $1,000 on the first day of the year 2017, now it reached $3,525. Not only this but the rise in bitcoin price gave a wider aspect to cryptocurrency market due to which all the traded cryptographic assets rose above $120 billion for the first time ever. As per the data from CoinMarketCap the bitcoin market cap rose above $56 billion. Since the bitcoin blockchain network adopted a new software, the Segregated Witness (SegWit) on Tuesday the price slightly came down. This could be a temporary pullback. The price of bitcoin will be back in the race. SegWit would be the essential part of the growth of bitcoin in future. “At l
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