Bitcoin
BTC$49 653.41

-1.04%

Ethereum
ETH$4 371.46

1.74%

Binance Coin
BNB$602.61

6.15%

Tether
USDT$1.001029

0.01%

Solana
SOL$189.68

1.51%

Cardano
ADA$1.37

1.42%

Bitcoin (BTC) Reviews for December 2021

BTC Reviews Samm December 7, 2021
Investors should understand that there is a clear positive correlation between broader stock markets and crypto markets, as evidenced by the price of digital coins over the last few days. Cryptocurrency prices fell in tandem with stock market indices. This occurred despite the fact that cryptocurrencies are regarded as a potential alternative to gold and a hedge against inflation. As a result, the price of Bitcoin fell below the critical $50,000 mark. However, since then, investor sentiment has improved, and major stock market indices have recovered. Similarly, the price of Bitcoin has also been able to surpass $50,000, which is very encouraging for the blockchain space as we approach the end of 2021.

BTC Reviews l00k$_1ntere$1ng December 3, 2021
In the crypto space, we think that Bitcoin prices are likely to move higher, and the coming weekend will be an important one once again as the price tends to move higher over the weekend. As for the second biggest coin by market cap, Ethereum. It is highly likely that the price may test the 5K price level, and that may open the door for the price to retest its all-time high, which matters the most. As for Bitcoin, the price level which matters the most is 60K. BTC has tested the 54K price level a few times now, and if the positive momentum continues to support the price action, we could be looking at a healthy weekend for cryptos.

BTC Reviews ValdisP December 1, 2021
Following the Omicron news and the Fed Chair indicating the speed up of tapering, prices of cryptocurrencies have also taken a beating, with Bitcoin, the king of cryptocurrencies, currently trading around $57,200 after falling from unprecedented highs. However, investors should note that the second largest digital coin, Ethereum, is outperforming Bitcoin since its launch in 2015. Since December, Ethereum has gained about 530% compared to Bitcoin, which has doubled in the same period. However, it is important to note that Bitcoin’s valuation is still nearly twice that of Ethereum. The distinguishing factor between the two digital coins is that Ether is more positively correlated with sectors growing in the blockchain space, such as decentralised finance and non-fungible tokens. On the other hand, the price action of Bitcoin is more closely linked to inflation and currency trends around the world.

BTC Reviews Georggge November 29, 2021
Bitcoin, the king of cryptocurrencies, was no exception to the drop in values seen in financial markets. Following the news, Bitcoin was nearly 20% lower than its all-time high of $69,000. However, over the weekend, Bitcoin was able to recover some of its lost territory and has climbed to around $57,300. On the other hand, adoption of cryptocurrencies is on the rise. Thailand is the latest nation to declare that it is working to somehow use wealth generated by crypto millionaires to fuel its tourism sector, which has been severely impacted by the coronavirus pandemic. It is estimated that nearly $80 billion in revenue has been lost over the pandemic era. Thailand’s tourism authority is coordinating with a local crypto exchange and national regulators to find ways to accept digital coins as payment for travel and other services. The idea is to ease restrictions and make it easy for consumers to use and spend cryptocurrencies. However, the development in this area is likely to take time until a framework is established, and widespread acceptance of these digital tokens is achieved.

BTC Reviews Ge0rge November 23, 2021
Whales reposition their BTC buy bids higher as price action appears to bore those seeking a continuation of the Bitcoin bull market. Bitcoin (BTC) showed no sign of tackling $60,000 resistance on Nov. 23 as the specter of defunct exchange Mt. Gox returned to haunt price action. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD again reversing progress which had produced a local high above $59,500 Monday. The return towards $55,000 came as the latest events in the Mt. Gox rehabilitation process, originally published Nov. 16, began to hit the media. In an announcement, trustee Nobuaki Kobayashi confirmed that the plans had now become "final and binding," with the implication that the 141,000 BTC under custody would soon be distributed. "The Rehabilitation Trustee will then make repayments to rehabilitation creditors holding allowed rehabilitation claims in accordance with the Rehabilitation Plan," it states. "An announcement will be made to rehabilitation creditors on the details of the specific timing, procedures, and amount of such repayments."

BTC Reviews Patric00110 November 17, 2021
Cryptos are still struggling, and the entire space is still under selling pressure as Bitcoin continues to move lower along with Ethereum. From a seasonality factor, Bitcoin and other cryptos usually rally during this time of the year and traders are still holding on to their hopes that they will rally in this space. However, so far, the month of November has not been great for Bitcoin as the price is in negative territory.

BTC Reviews Alexxx November 16, 2021
Winter is here, but the biggest fear among crypto traders is whether the crypto winter is here? No one wants to see another crypto winter as it is difficult to forget the dire consequences of the previous one. Moreover, what traders have been hoping for is a strong rally especially given the fact that during this time of the year, we usually see a strong rally for cryptos–of course, with the exception of the crypto winter. Looking at the Bitcoin price, it seems like the bitcoin bulls are losing power, and they are likely to struggle soon as well, especially if the price breaks below the 50-day SMA on the daily time frame. Having said that, Bitcoin was well due for a correction according to the RSI indicator, and that correction is finally here. Speaking from a technical price perspective, if the price continues to stay above the 50-day SMA, we could see another substantial rally for Bitcoin.

BTC Reviews Jer0me November 15, 2021
Traders are really hoping to see a mega rally in Bitcoin. With half of November over; we have not yet seen that. But this is not to say that we have not seen any rally in November. We believe Bitcoin started the month on a positive note; however, things have been lagging for the past week. The last weekend’s price action was also lacklustre, and if we continue to see this trend, then we can very much say bye to the crypto’s seasonal rally which takes place at this time of the year.

BTC Reviews Know1tAll November 9, 2021
Within just a few days of Bitcoin’s last burst to historical highs, on Monday the notorious digital coin was again able to shatter through its ceiling and is currently trading around $67,700. Similarly, Ethereum breaking through the $4.800 barrier is a first for the alt coin. The recent cryptocurrency rally has been aided by the launch of a Bitcoin-linked ETF in the United States as well as Elon Musk’s weekend Twitter poll. Solana and Binance Coin have gained nearly 20% in the last week, bringing the total market capitalization of cryptocurrencies to $3 trillion. As evidenced by Bitcoin’s price action, which is now four times what it was at the end of 2020, as investors are becoming more comfortable with the practical use of Bitcoin and companies are working hard to find innovative ways to use blockchain technology, as evidenced by the launch of new coins such as Solana.

BTC Reviews HODL November 8, 2021
Momentum seems to re-enter the crypto markets as most of the cryptos rallied over the weekend. The price action of Ethereum is particularly intriguing as it marches towards the 5K price level. The general consensus is that if the crypto rally goes full swing, we are likely to see Bitcoin price moving towards the 100K price level, and Ethereum could easily touch the 10K. Following the debut of Bitcoin-linked ETFs, corporations have begun exploring ways to begin offering Bitcoin-related products to their clients in nations all over the world. Companies are racing to become industry leaders and capitalise on first-mover advantages. Paytm is an example of such a company. Paytm is one of India’s largest digital payment companies. It has stated that it will gladly consider offering cryptocurrency products if Indian regulators work to remove barriers and uncertainties in the digital space. Previously, Bitcoin-related transactions were prohibited in India, but the country’s legal system lifted the ban in March 2020. The government has been considering implementing cryptocurrency regulations since then, but the Reserve Bank of India continues to view digital coins critically and favours a permanent ban.

BTC Reviews $uppport&re$1$tance November 4, 2021
Traders should be ecstatic that funds are continuing to seep into the blockchain space, as is clear from the case of AscendEX. In its Series B funding round, AscendEX was successful in raising a shocking $50 million, driven by Hack VC and Polychain Capital. All in all, the company has raised $63 million to date. The company is working on optimising the investing experience for leveraged trading. AscendEX has been operational for the last 3 years under the name BitMax.

BTC Reviews MrBigMoney November 1, 2021
The recent hike in cryptocurrencies was supported by interest from big institutional investors. Investment by whales is important because it brings some stability to the crypto markets, which are well known for their extreme volatility in prices. The weekly mean exposure by big investors surged to $724.4 billion, rising 0.25% since the start of October. Currently, there are nearly 16,156 such investors, expanding by 1.60%. These large investors are becoming more optimistic regarding the future outlook of digital coins as their adoptability rises and their access to investors continues to improve. Due to the recent change in market dynamics, these whales can clearly be seen changing their strategy from mere profit-taking to a wait-and-watch mode as these digital assets go more mainstream. In October, Bitcoin, the king of cryptocurrencies, achieved another record high of $67,000 after the launch of the first crypto-linked exchange traded fund.

BTC Reviews l00k$_1ntere$1ng October 28, 2021
Over the last few days, if not months, crypto prices have been surging and Bitcoin, the benchmark of cryptocurrencies, has broken down the door to a new all-time high. Currently, we are seeing some retracement in prices as investors are cashing out their profits. However, any drop in prices should only be seen as an opportunity to bag some digital coins at bargain prices. With the launch of crypto ETFs, financial institutions have become optimistic regarding digital assets, as can be seen through Citi’s bullish stance on Coinbase. The firm became publicly listed in April and achieved a market cap of $110 billion in its first day in the stock market. Companies like Coinbase are hot right now as they can be potential targets for behemoth companies who want to get into the blockchain space. The company’s stock price is currently hovering around $320 and is expected to rise to $415, as projected by Citi. On the other hand, investors should keep in mind that a rise in regulations around cryptos is still a concern. Having said that, traders should view increased regulations as a positive because it means that their investments will become more secure, bringing more traffic to crypto investments from people who are still concerned about this issue.

BTC Reviews Copernicus October 27, 2021
ETF issuers are getting creative with two new filings for inverse and leveraged funds. Exchange-traded fund (ETD) issuer Direxion has filed for a product that would enable speculators to buy contracts that short the price of Bitcoin (BTC). In a filing made to the United States Securities and Exchange Commission on Tuesday, the company unveiled the Direxion Bitcoin Strategy Bear ETF. Like other futures products, it will not invest directly in BTC but will instead maintain managed short-exposure position contracts issued by the Chicago Mercantile Exchange (CME). Direxion stated that the fund may invest in other BTC futures, money market funds, deposit accounts or short-term debt instruments. However, the firm did issue a dire warning that the value of the product could go to zero. “The value of an investment in the Fund could decline significantly and without warning, including to zero. You should be prepared to lose your entire investment.” Bloomberg senior ETF analyst Eric Balchunas described it as an inverse Bitcoin ETF. He reported that the company already has a “-1x BTC futures ETF” in Canada called BITI, adding, “While it’s gotten pretty wrecked, when it works it WORKS (as Bitcoin tends to sell off fast).” Direxion originally filed for a Bitcoin ETF in 2018, but it ended up in the queue with all of the others that the SEC had delayed at the time. Bloomberg reported that on Tuesday, Valkyrie filed for a leveraged BTC futures ETF that will offer 1.25x exposure to the asset. If approved, it will trade under the ticker BTFX and will be able to hold futures, swaps, options and forwards.Not everyone was impressed with the minimal leverage available, with user VandelayBTC referring to a Zoolander meme to throw shade.

BTC Reviews Know1tAll October 26, 2021
A cool picture on global markets as United State stocks futures remain unmoved prior to the open. Inflation continues to bite, and even the U.S. Federal Reserve admits that it could stay higher for longer. A separate row over taxing unrealized gains is also coming in for intense debate among crypto circles. Beyond soaring commodities, however, the picture is cooler when it comes to Bitcoin price triggers, as a decoupling from macro moves has already long characterized BTC/USD. Ahead of the launch of the third Bitcoin futures exchange-traded fund (ETF) Monday, more attention is being paid to gold - and traditional ETFs - and the threat that Bitcoin poses to them. “If CME open interest jumping several places to number 1 globally in a matter of days this week is not a barometer for massive institutional interest, I don’t know what is,” Charles Edwards, CEO of investment firm Capriole, commented last week.

BTC Reviews MrBigMoney October 26, 2021
$60,000 support boosts wary hodlers and reinforces calls for even higher highs — the only question is, how soon? Bitcoin (BTC) launches into a new week, determined to keep $60,000 as support — despite new all-time highs failing to last. After a classic Sunday dip, bulls regained control and have managed to keep BTC/USD clear of sub-$60,000 lows. With neither the April nor October all-time highs seeing a retest so far, however, investors are eager to see where Bitcoin is capable of going. Expectations remain sky-high — as much as $300,000 in the coming months, and even a continuation of the bull run well into 2022. Cointelegraph takes a look at five factors to consider when charting BTC price action in the coming days.

BTC Reviews Know1tAll October 22, 2021
Walmart plans to eventually install 8,000 Bitcoin ATMs in the U.S. and has installed 200 in a pilot program. Walmart has partnered with coin-cashing machine company Coinstar and crypto-cash exchange CoinMe to install 200 Bitcoin ATMs in its stores across the U.S. Although the pilot includes only 200 kiosks, the broader launch plans to eventually see the installation of 8,000 bitcoin ATMs across the country, according to Bloomberg. There has been no further details on timelines as of yet. According to Coin ATM Radar, there are currently over 25,000 bitcoin ATMs at select grocery stores and service stations in the U.S. Coinstar operates 4,400 kiosks enabled for Bitcoin purchases, across 33 states. Chief strategy officer and head of research at BitOoda Sam Doctor told Bloomberg that while Bitcoin ATMs aren’t a new development, and can already be found at many supermarkets: “Walmart expands Bitcoin access to more people, though, and gives it further legitimacy among skeptics, should they roll it out beyond an initial pilot.”

BTC Reviews $uppport&re$1$tance October 21, 2021
Bitcoin continues to grow. The asset is close to the $60,000 mark. From there, it is not far from the all-time high, just below $65,000. After a strong breakout of the downtrend line, BTC is consolidating, forming a flag pattern. Local support for the whole last week has been the level of $54,000. Arcane Research analysts believe the current rally is driven and supported by increased open interest in bitcoin futures on the CME. The indicator increased in two weeks from 12% to 17% and equaled the data for February. Many on-chain metrics also confirm the increased interest in Bitcoin. For example, the aggregate daily transaction volume in the bitcoin network set a new record of $31 billion. Many market participants are determined to continue the current trend and renew the historical maximum. Some analysts believe that Bitcoin will hit the psychological $100,000 mark this winter. Cryptocurrency market capitalization has grown over the week from $2.3 to $2.4 trillion. The daily trade turnover is almost $110 billion. Not all altcoins have grown with the leading cryptocurrency. This caused an increase in BTC domination from 44.0% to 45.1%. The Fear and Greed Index slightly decreased. It moved to the state of Greed around 70 points. If we talk about retail traders, most of them believe in a short-term reversal and a fall in bitcoin. This is evidenced by the ratio of Long and Short positions on the main CEX.

BTC Reviews AlwaysInGreen October 20, 2021
The ProShares Bitcoin Strategy ETF, the first Bitcoin-linked ETF in the US, made a historic debut yesterday, becoming the second most traded debut fund of all time. The launch of the ETF helped Bitcoin, the king of cryptocurrencies, fly past the $63,000 mark. The launch of BITO, the ticker of the Bitcoin ETF, came only seconds after the BlackRock carbon fund and jumped 4.9%. Nearly 24 million shares of the fund were traded. For years, cryptocurrency supporters had been eagerly awaiting the launch of a Bitcoin-linked ETF, and had been debating its utility with regulators. The ETF is expected to open up digital coins to large investors, hastening the adoption of cryptocurrencies.

BTC Reviews Lorenzo October 19, 2021
Today is the day that crypto traders have so eagerly been waiting for, as the ProShares Bitcoin Strategy ETF is now ready to invest in bitcoin futures and, according to preliminary disclosure, will be traded on the Chicago Mercantile Exchange (CME). In July, Profunds launched a mutual fund based on bitcoin futures. Many investors, however, believe that demand for bitcoin futures will be lower than expected, as was the case when bitcoin futures were listed on CME in 2017 and Coinbase was listed on the Nasdaq index. Having said that, it is unlikely that markets will experience a selloff similar to the one before because markets have evolved, and individuals now have a better understanding of how digital assets could benefit traditional finance.

* Crypto Rating accepts no liability for content of the Bitcoin reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 72.4% 48 $49 653.41 -1.04% -11.92% $938 231 285 210 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 80% 39 $4 371.46 1.74% -2.81% $518 726 908 591 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 78.8% 35 $602.61 6.15% -1.70% $100 516 630 091 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 93.6% 1 $1.001029 0.01% 0.07% $76 404 874 493 USDT 7 days price change
5 Solana (SOL) SOL Solana predictions 70.4% 61 $189.68 1.51% -15.46% $58 298 771 519 SOL 7 days price change
6 Cardano (ADA) ADA Cardano predictions 60.8% 77 $1.37 1.42% -10.77% $45 766 334 793 ADA 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 92.8% 2 $1.001815 0.22% 0.32% $41 115 117 851 USDC 7 days price change
8 XRP (XRP) XRP XRP predictions 68% 65 $0.847842 5.03% -12.53% $40 058 264 442 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 63.6% 75 $75.43 12.62% 19.06% $28 728 578 546 LUNA 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 64% 70 $28.89 0.14% -17.80% $28 535 305 964 DOT 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 69.6% 65 $0.177346 0.37% -13.13% $23 487 786 636 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 65.6% 77 $94.12 7.54% -19.09% $22 852 451 871 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 60% 79 $0.000036 0.19% -13.18% $20 008 775 732 SHIB 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 66.8% 70 $2.34 4.62% 13.05% $16 582 834 795 MATIC 7 days price change
15 Crypto.com Chain (CRO) CRO Crypto.com Chain predictions 60% 78 $0.607936 -0.59% -14.02% $15 358 289 057 CRO 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.