Josh Rager

Why a Top Analyst Thinks Bitcoin Remains Bearish Despite $1,000 Jump

Since trading as low as $6,400 this week, Bitcoin (BTC) has seen a strong price recovery, surging as high as $7,300 late last week as bulls managed to defend key levels. In other words, the leading cryptocurrency jumped by nearly $1,000 from the multi-month bottom, making some believe that bulls are back.A top analyst, however,...
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Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst

Crypto-trader and Blockroots co-founder, Josh Rager, believes it is highly unlikely we will see bitcoin price nosedive straight to $5k. Whilst he doesn’t rule out a drop to this level, in his opinion “there would be bounces in between.” Bitfinex Long Jump No Cause For Concern Rager was posting in response to a chart showing a massive...
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Bitcoin Price Volatility Approaches as Bulls Try to Outclass Bears

Bitcoin has found itself stuck yet again. As of the time of writing this, the cryptocurrency is trading at $8,230, which is a price that implies BTC is down a mere 0.18% in the past 24 hours (as of the time of writing this piece).Related Reading: Happy 18 Millionth Bitcoin! BTC Scarcity Implies Large Price RallyWhile...
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Bitcoin Price Pumps to $8,800, Plunges by 5% in Rapid Succession

Well, would you look at that — within the span of literally an hour, the Bitcoin price surged to $8,820 to dump to $8,350 just minutes later. The range of this move is nearly $500 — some 5.2% at current price points.The chart below from TradingView sums up the absolutely absurd bout of volatility that...
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Bitcoin Price Could See 10% Bounce if $8,000 Holds

Last week, volatility finally picked up for the Bitcoin price after a multi-week lull. While many traders embraced this tumultuous price action, it seems that the cryptocurrency market is settling once again, with BTC finding support at $8,000.Related Reading: Gold Fractal Predicted Bitcoin Distribution, Up Next Is Two Years of SidewaysOver the past three days,...
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Have No Fear, Bitcoin Price to Resume Uptrend After Pullback

“Bitcoin is an echo bubble”, cryptocurrency cynics have cried since BTC hit $14,000 and collapsed in quick succession. These Bitcoin skeptics believe that this most recent uptrend and collapse in the cryptocurrency market is Bitcoin’s one last attempt at making it big, to allow early adopters and those in the know to cash out.Related Reading:...
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Inverted Bitcoin Price Chart Is Bear Market Bottom Flipped Upside Down

During periods of times when assets consolidate and price action becomes exceptionally confusing, some crypto analysts will occasionally flip their Bitcoin price charts upside down in an to attempt to remove any preconceived bias from their technical analysis.The post appeared first on NewsBTC
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Poll: More Than Half of Bitcoin Investors Expect Triangle Breakout

Bitcoin price has for months now been locked inside what many crypto analysts believe to be a triangle pattern. However, they are torn as to the type of triangle the pattern is – descending or symmetrical.The post appeared first on NewsBTC
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Bitcoin Price Primed for 100% Surge in 2020: Josh Rager

Bitcoin could be on its way to $20,000 next year if a historical trend repeats itself once again, according to crypto trader Josh Rager. | Source: Shutterstock Crypto trader Josh Rager is a noted bitcoin bull known for his ambitious price targets. He is now predicting that the price of the flagship cryptocurrency could surge...
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Current Altcoins Won’t Recover, Next Boom To Be Led By New Crypto Assets

The altcoin market is currently in crisis mode, with most of the various individual crypto assets outside of Bitcoin reaching new yearly lows, and in general, bleeding out all remaining value generated during the 2017 crypto hype bubble.The post appeared first on NewsBTC
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Bitcoin Price Rose 3% as NY Supreme Court Denies Bitfinex’s Lack-of-Jurisdiction Claim

The New York Supreme Court ruled that the matter between the state’s Attorney General and iFinex, the parent company of the exchange Bitfinex, may continue. The New York Supreme Court ordered the New York Office of the Attorney General (NYAG) to process with their investigation and prosecution of iFinex, the parent company of cryptocurrency exchange...
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