Bitcoin Price in Recovery Mode – Will it Close the Week on a High Note?

The bitcoin price on Friday posted a modest 0.9 percent surge as it corrected from its ascending channel support level and sought to climb back into bullish territory. Bitcoin Price Charges Back Toward $ 3,500 The bitcoin-to-dollar exchange rate (BTC/USD) established its intraday low at $ 3,371 right at the beginning of the Asian session. The pair consolidated until the European trading hours kicked in, after which it underwent a modest correction. The positive sentiment rippled through the US trading session, during which BTC/USD established an intraday high at $ 3,458. The upside correction appeared despite a shocker from Canada. QuadrigaCX, the region’s

Bitcoin Price in Recovery Mode – Will it Close the Week on a High Note? by CCN

News – CCN

The world has never seen a phenomenon that even comes close to Bitcoin. Absolute robustness. Absolute immutability. Absolute censorship resistance. Absolute truth. Very few grasp how enormous this is, and how profoundly it will change the world.

The world has never seen a phenomenon that even comes close to Bitcoin. Absolute robustness. Absolute immutability. Absolute censorship resistance. Absolute truth. Very few grasp how enormous this is, and how profoundly it will change the world. submitted by /u/AmericanHead
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Bitcoin – The Currency of the Internet

BTC price should close at $5000 within next two days

I am a long term investor, who developed a price predictor model couple of years back. I stopped using it during the 2017 rally (because just buy, right?). Last couple of days made me pull it up again. I backtested my logic on BTC price since 2011. Results seem to show high level of accuracy. So posting this prediction on reddit just to claim bragging rights, I guess. I will share the model if this prediction is correct. I also bought 1 BTC just now.

I know there are smarter people than me who can probably do a better job predicting prices. I am not indicating that bear market is over, just that next couple of days should be good. Exact price close should be around $ 5118.

submitted by /u/nolaughingzone
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Bitcoin – The Currency of the Internet