BITCOIN PRICE: $14K IN SIGHT Bitcoin price has rebounded massively this year, and new data shows that Bitcoin’s dominance over altcoins is higher than ever. BTC/USD has seen strong gains since early spring as pressure continues to build in the trade war between China and the United States.  The Bitcoin price rally came after global stock markets suffered and as they continue to struggle to avoid a recession. We’ve seen China devalue its own yuan currency below $7, a key level that initiated a huge flow of money out of the currency.  It appears a great deal of that money… Read More

NEW ANALYSIS REAFFIRMS BITCOIN’S STRENGTH AS LONG TERM INVESTMENT; FOLLOWS IN GOLD'S FOOTSTEPS A new study indicates that Bitcoin (BTC) holders make a profit after an average of 1,335 days - which equates to roughly three years and eight months.  The data was released earlier this week by BitcoinEconomics.io, and the cycle lengths shown roughly correlate to the various reward halving events. The chart (shown below) essentially considers the amount of time between different peaks and how long it would take an investor to profit if they bought at the previous cycle's peak. Bitcoin Profit Probability chart. Source: BitcoinEconomics.io This… Read More

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