Bitcoin Price Analysis This Bear Still Has Some Bite Left in It

In just a few short days, the BTC-USD price dropped nearly $700 in value in a move that consequently managed to drop the entire crypto-market by almost 25 percentFigure 1 BTC-USD Market CapLeading up to this weekends drop in BTC-USD price, several previous BTC-USD market breakdowns click here and here for details tracked the progress of a massive Head and Shoulders Pattern. The estimated price target of the Head and Shoulders pattern left the previous market value of $2,400 poised to drop ste

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World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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