Bitcoin
BTC$69 754.66

-1.09%

Ethereum
ETH$3 535.01

-1.36%

Tether
USDT$1.000194

0.06%

Binance Coin
BNB$612.93

4.06%

Solana
SOL$183.87

-1.70%

XRP
XRP$0.614215

-1.52%

Bullish on Bitcoin: Price, Change and Charts


Bitcoin
Bitcoin$69 754.66

-1.09%

50% ↑ 654.78%
Bitcoin Cash
Bitcoin Cash$594.45

5.76%

25% ↑ 102.24%
Litecoin
Litecoin$99.15

3.70%

25% ↑ 66.78%
Author: CryptoCarlos
Last updated: Wednesday, October 30, 2019 9:40:12AM UTC
Current price, USD: 35 159.48
Change, %: 646.61

Portfolio description

Since I'm a firm believer in the Bitcoin family, I have decided to make a portfolio that will really stick to it. All of these coins have grown at least 4 of 5 times when compared to January of this year. Bitcoin almost hit $14,000 before dropping back down, and it will likely do the same again, or even go higher, according to analysts. I think that the predictions are correct and that BTC will keep surging. It may even reach a new ATH before the year ends. It definitely has more use cases than ever before, and if its ecosystem managed to recover from the hash wars during the crypto winter, it could likely survive anything. As for the other two, they performed equally as well, in regards to their own prices. If we take a look at the charts, it is noticeable that they are quite similar throughout 2019, indicating that both coins are expressing the same behavior even if it was dictated by BTC. All three coins are among the top 5 largest cryptocurrencies at the moment, and they have been multiple times in the last few years. All of them are considered to be among the safest investments by far, and I think that sticking to them is the way to go. I briefly considered adding ETH or some other coin from the top 10 list, but I keep finding flaws that I don't like. Ethereum could be killed, which is why I don't feel like investing in it is the best option. On the other hand, its competition is advancing very slow, so they aren't likely to make such a move anytime soon. I don't prefer BNB since it has no use cases outside of Binance's ecosystem, and it only helps with trading on the exchange. Yes, you can buy new coins with it, but you can't do much else. As for XRP, its performance in 2019 so far was nothing special. Its price did not even grow double in size during the best of times this year, and it is currently back where it started. Hardly a safe investment for the coin that separated itself from its support level for barely two months before going back to it.

Historical data for portfolio

We list daily historical data for the past 10 days

Date Price, $ Change, %
Mar 20 31 039.82 559.13
Mar 21 34 064.09 623.35
Mar 22 32 860.84 597.80
Mar 23 31 919.38 577.81
Mar 24 32 185.71 583.47
Mar 25 33 760.88 616.91
Mar 26 35 125.72 645.90
Mar 27 35 139.98 646.20
Mar 28 34 884.78 640.78
Mar 29 35 539.53 654.68

Bullish on Bitcoin change chart — 7 days

Bullish on Bitcoin change chart — 30 days

Bullish on Bitcoin change chart — 60 days

Bullish on Bitcoin price change (24h)

Bullish on Bitcoin Know1tAll March 3, 2021
The rollback may not be over yet. The biggest risk for Bitcoin in the short term is associated with the decline in the US and global stock markets. Once upon a time, the correlation of traditional and cryptocurrency markets caused rejection and rejection among Bitcoin supporters. However, the situation has completely changed in just a few years. Now what is happening in the stock market is directly linked to the prospects for BTC and the entire crypto market.
Bullish on Bitcoin Crypto Shark February 18, 2021
Another impetus for the growth of the benchmark cryptocurrency was the announcement of MicroStrategy about its intention to raise $ 600 million through the placement of bonds for the purchase of another portion of bitcoins. The company goes all-in, since the current price levels are considered by many to be an already overheated market, but everyone understands that market participants are following such news in the most careful way and, no doubt, this will strengthen the willingness of the majority to remain in the asset for some time. The Glassnode report does indicate that Bitcoin is now completing only the initial stage of accumulation and is entering a phase of active growth, similar to what we saw in the last six months of 2017.
Bullish on Bitcoin Know1tAll February 16, 2021
If everyone expects Bitcoin to test $ 50k and continue to grow up to $ 60k, then the attitude towards altcoins is warming very gradually and has turned into a state of obvious interest only now, while the attitude towards most coins until very recently was at least cautious. Over the past weekend, investors decided to celebrate Valentine's Day by buying all alternative cryptocurrencies in a row, as a result of which, most of the coins showed tens of percent growth. Altcoins are now also undergoing a local correction, but chances are high that this will not be the last impulse of price growth from retail buyers.
Bullish on Bitcoin l00k$_1ntere$1ng February 11, 2021
Personal statements by Elon Musk regarding the prospects of Bitcoin are also associated with the stability of the cryptocurrency, suggesting that Musk himself may have invested in Bitcoin. Nevertheless, all the speculative and natural dynamics are not enough to push the coin to retest the historical high above $ 40K, while the rather strong influence of individual speculations indicates extreme volatility and shallow depth of the market as a whole.
Bullish on Bitcoin Casual Millionaire February 10, 2021
The support of cryptocurrencies from large institutional investors is, of course, good. It can provide further growth for bitcoin. However, the fact that the crypto market now largely depends on the sentiments of this rather small group, and that, in turn, on the sentiments of government officials, is bad, and can lead to a collapse of the quotes. A clear example is the January drop in the BTC/USD pair by 30%. However, government actions can not only put pressure on the crypto market, but also push it up. Thus, US President Joe Biden has confirmed his readiness for a new stimulus package for almost $2 trillion. And this is good, since with an almost 100% probability, some of these funds will flow to the digital asset market.

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