Bitcoin Price Prediction – Was $15,500 the Bottom?

cryptonews.com

Following the rebound above $15,500, Bitcoin price prediction remains neutral during the European session. Since then, BTC has been trading in a narrow range of $16,350 to $16,750. The market's volatility is low this weekend, and thin trading keeps price action limited.

Read in Full: cryptonews.com

Timeline of Bitcoin


Are BTC HODLers losing faith in exchanges? Recent data suggests - AMBCrypto

Bitcoin HODLers remove their BTC from exchanges Miners continue to face pressure; however, retail and whale investors start showing an interest in BTC Santiment, in a new tweet dated 27 November, stated that Bitcoin HODLers were switching to self-custody and moving their BTC away from exchanges. At the time of the tweet, only 6.


Bitcoin [BTC] analyst says bears are not done yet because - AMBCrypto

The bottom might not be in, as an analyst opined that the bear market could last longer than projected There could be short-term respite due to the indication of a bullish crossover “Bitcoin [BTC]‘s bottom is close” has been the order of the day since the king coin traded at a price of $15,800.


Man Who Bought Bitcoin At $1 Believes BTC Price Is Ultimately Headed For $100,000 - Zycrypto

Davinci Jeremie, an early crypto adopter and host of the davincij15 YouTube channel, predicts that Bitcoin's price will grow by ten times in the next bull run but warns it could plunge further before then.

BitcoinBTC$23394.050000

VC Firm Partner: “'Crypto' Industry Will Be Purged by a Successful Bitcoin Industry” - CryptoGlobe

On Sunday (27 November 2022), Marty Bent, who is the Founder of media company TFTC as well as a partner in Bitcoin-focused venture capital firm Ten31, said that “the ‘crypto' industry will be purged by a successful bitcoin industry.


Bitcoin Price Recovery; Vital Levels To Keep An Eye On - NewsBTC

Bitcoin price bounced off the $15,400 price level and staged a recovery over the past day. In the last 24 hours, BTC has been moving sideways after claiming the $16,000 price mark.


Bitcoin Futures Market Now Flashing Historically Bullish Signal, According to Crypto Analytics Firm IntoTheBlock - The Daily Hodl

A leading analytics firm says that the Bitcoin (BTC) futures market is flashing a reading that has previously marked market bottoms. IntoTheBlock reveals that Bitcoin is witnessing steep backwardation, a condition where BTC futures contracts are priced significantly lower than the value of the king crypto in spot markets.


Bitcoin mining revenue lowest in two years, hash rate on the decline - Cointelegraph

The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin's trading price was around $13,500.


Bitcoin Is Not The Problem – FTX Is – R. Kiyosaki Says, Following Crypto Exchange's Collapse - Bitcoinist

Bitcoin and the cryptocurrency industry in general are still coping with the pain brought about by the demise of the crypto trading platform FTX. Despite this, Robert Kiyosaki, author of the best-selling Rich Dad, Poor Dad, remains optimistic about the long-term viability of Bitcoin and Ethereum.


Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies - Bitcoin

Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations.


Here's When the Bitcoin and Crypto Bear Market Will End, According to deVere Group CEO Nigel Green - The Daily Hodl

Financial advisory firm deVere Group CEO Nigel Green is optimistic that the crypto bear market is months away from coming to an end. Green says that the prices of Bitcoin (BTC) and other crypto assets will rise once inflation starts slowing down and the central banks begin loosening monetary policy.