Bitcoin: USD/BTC (BTC=X) fighting to hold $8,400 during crucial market cycle BITCOIN is currently gripped in a tight channel of resistance as opposing market forces attempt to move it away from recent stability. The volatility which normally defines cryptocurrency had been largely ever-present as BTC bounced between $6,800 and $8,600 during recent months before a […]
Bitcoin: USD/BTC (BTC=X) Reversal Necessary In Journey to $9,200 Bitcoin has had an interesting start of the year following the bull-run that catapulted it from lows at $6,500 in December to highs close to $9,200. The gains have seen experts in the industry including the co-founder of Fundstrat, Tom Lee who recently that he expects […]
Regulation will see Bitcoin: USD/BTC (BTC=X) go mainstream in the UK Tighter EU laws governing cryptocurrency will lead to wider Bitcoin adoption, claims the CEO of established UK crypto exchange Coinfloor. This month, the European Union implemented a new law – known as the EU Fifth Anti-Money Laundering Directive (5AMLD) – which requires cryptocurrency platforms […]
Could Bitcoin: USD/BTC (BTC=X) mend a system where President Trump is being extra generous toward banks through tax cuts? US bankers have been laughing all the way to the bank last year, quite literally. In the best year for any bank in the history of the USA, JP Morgan announced $36.4 billion in profits during […]
Bitcoin: USD/BTC (BTC=X) Rallies as the Bull Market Reaches New Highs Bitcoin started the year with a bang. In the last 24 hours it went up 3%, topping $9,000. The entire week has been exciting week, with one rally after another feeding the bulls. Bitcoin has exploded by over 30% since January 1, and we’re […]
Bitcoin: USD/BTC (BTC=X) Paying A Quarter To Move $450 Million It’s common knowledge that there are various Twitter accounts spread across the internet that warn of multiple “whale” transactions: Transactions of large coin volumes. Bitcoin is no exception to this in the crypto industry. Yesterday, these accounts told the public of a significant transaction, more […]
Bitcoin: USD/BTC (BTC=X) reached its highest level since early November On Jan. 18, Bitcoin (BTC) price finally made a strong push through the resistance level at $9,000 and rallied to $9,194 before pulling back slightly. BTC price has reached its highest level since early November, hitting $9K for the first time in 2020. The upside […]
Bitcoin: USD/BTC (BTC=X) Falls Back After Briefly Breaking $9k Resistance View Bitcoin has all but erased the day’s gains after pushing past the $9,000 resistance level this morning. A significant move back above $9,000 could trigger liquidations and a possible short squeeze across the market. Other cryptocurrencies continue to recoup losses from late 2019. Bitcoin’s […]
Bitcoin: USD/BTC (BTC=X) Explained. Past, Present and Future Bitcoin is 10 years old. And, after all, is in good health. During the past decade, historical ups followed by catastrophic downs and viceversa took the stage. Thousands of articles about its mysterious founder(s), its evolution, real and clearly unreal price predictions, and its near future death, […]
Bitcoin: USD/BTC (BTC=X) Turns Indecisive at Two-Month High The bitcoin market is telling a tale of bullish exhaustion with indecisive price action following a rise to the highest point since November. The top cryptocurrency witnessed two-way business on Wednesday. Prices rose from lows near $8,550 seen during the Asian trading hours to a two-month high […]
Bitcoin: USD/BTC (BTC=X) reaching their loftiest value since mid-November Bitcoin prices rallied today, reaching their loftiest value since mid-November as the broader market pushed higher. The digital currency climbed to $8,848.92 at roughly 1:15 p.m. EST, according to CoinDesk data. At this point, the cryptocurrency was up 3.6% for the day, and was trading at […]
Bitcoin: USD/BTC (BTC=X) shoots up almost 10% We closed the day, January 14 2020, at a price of $8,827. That’s a decent 8.43 percent increase in 24 hours, or $686. It was the highest closing price in sixty-four days. We’re still 56 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017). Bitcoin market cap […]
Bitcoin: USD/BTC (BTC=X) January Surge Rekindles Memories of Crypto Bubble Bitcoin is off to its best start to a year since 2012, gaining about 20% in two weeks amid a renewed enthusiasm that is reviving memories of the mania of a few years ago. The world’s largest virtual coin rallied after climbing out of the […]
Bitcoin: USD/BTC (BTC=X) prices enjoyed a notable bounce today Bitcoin prices enjoyed a notable bounce today, approaching $8,500 as they followed their recent bullish trend. The cryptocurrency rose to an intra-day high of $8,476.79 at roughly 8:45 p.m. EST, CoinDesk data shows. At this point, the digital asset had appreciated roughly 4.6% from its price […]
Bitcoin: USD/BTC (BTC=X) could breach descending channel to $9800 by next month January 7 was a momentous day for Bitcoin, having finally crossed the $8000 level for the first time since late-November. With such a great start to 2020, Bitcoin could have more surprising upward price movements in store. BTC was valued at around $8100 […]
Bitcoin: USD/BTC (BTC=X) volatility spikes to six-week high amid slump to $7,750 Bitcoin has endured its most volatile week since late November with price swinging wildly between $7,400 and $8,400. It is currently trading at $7,750 following a major rejection and subsequent sell-off from the $8,400 level of resistance. BTC has however bounced by 2% […]
Bitcoin: USD/BTC (BTC=X) Big Market Shift Dead Ahead In financial markets, it’s rarely possible to know, in advance, precisely when a major event will impact supply and demand — let alone how or where. But in one particular asset and one particular point in time, it does happen. I’m talking about … The Bitcoin halving […]
Bitcoin: USD/BTC (BTC=X) Hash Rate Hits All-Time High Behind Price Rise, Private Pools in China I probably don’t need to tell you that bitcoin’s price is up in the new year. But did you know that the bitcoin mining hash rate and difficulty are climbing too? On January 5, 2020, Bitcoin’s hash rate struck a […]
Bitcoin: USD/BTC (BTC=X) Climbs Higher Bitcoin climbed to the highest since November after breaching the $8,000 price level. Concerns about an escalation in the conflict between the U.S. and Iran are seen as contributing to the rally in Bitcoin, which is not managed by a government. “Bitcoin and gold are well supported due to rising […]
Consolidating Bitcoin: USD/BTC (BTC=X) set to revisit 2019’s upper bound in 2020 The fact that a store-of-value asset with fixed supply and increasing adoption is more likely to appreciate in price will keep Bitcoin supported in 2020, in our view, while the primary trends of 2019 that favored the first-born cryptocurrency vs. rivals should persist. […]
Bitcoin: USD/BTC (BTC=X) Escalating tensions between the US and Iran have prompted a price surge Escalating tensions between the US and Iran have prompted a price surge price for bitcoin and other cryptocurrencies, according to market analysts. Bitcoin has risen in value by around $600 since the US assassination of Islamic Revolutionary Guard Corps Maj Gen Qassem […]
2020 and Beyond: Bitcoin: USD/BTC (BTC=X) Potential Protocol Upgrades Bitcoin’s consensus layer has remained unchanged for over two years now. Since Segregated Witness (SegWit), which activated in August 2017, no hard fork or soft fork protocol upgrades have been deployed at all*, marking Bitcoin’s longest stretch without consensus forks so far. But this stretch may […]
Bitcoin: USD/BTC (BTC=X) Bulls Targeting Key Resistance At $7,800 Bitcoin is on a sharp rise in 2020 with price breaching $7,500 USD. Bulls are regaining strength in the market with a third straight green candle on the daily charts setting bullish indicators that signal a possible test of the $7,800 resistance level. A call for […]
$USD, $BTC The Big Q: What is Blockchain? The Big A: Blockchain is easier to understand than that definition sounds, here goes… At its basic level, blockchain is a chain of blocks, when we say the words “block” and “chain” in this context, we are actually talking about digital information (the “block”) stored in a […]
Continued Spread of Bitcoin: USD/BTC (BTC=X) ATMs Normalizing Cryptocurrency Around the World The number of active Bitcoin ATMs around the world grew by an impressive 56 percent over the last 12 months. Although the spread of the real-world Bitcoin trading locations doesn’t necessarily suggest increased rates of adoption, it will help to further normalize Bitcoin […]
Bitcoin: USD/BTC (BTC=X) establishes key support above $7,000 as bulls target reversal Bitcoin endured a turbulent yet significant year in 2019, surging from lows of $3,500 all the way to $14,000 before losing 50% of its value in a matter of months. It is now trading above $7,000 following a minor scare in December that […]
Bitcoin: USD/BTC (BTC=X) A break of the initial $7700 resistance should open the way for more gains The cryptocurrency market gained an impressive 85% in 2019 after a subdue 2018. The yearly high was set in June when the market peaked at more than $389 billion. At the beginning of 2020, we are presented with […]
$BTCUSD The value of 1 Bitcoin (BTCUSD) rose more than 85% since 1 January 2019, placing it among the some of the year’s top performing financial assets. In fact, a recent report from Bank of America names Bitcoin the single best investment of the last decade. Despite its successes, critics still advise against investing money […]
Bitcoin: USD/BTC (BTC=X) price signal for 2020 is hinting a major bullish trend Bitcoin price fell down by 30 percent in Q4 of 2019 from $1092 on the 26th of October to the current price level standing at $7280 at the time of writing. The king of cryptocurrency Bitcoin (BTC) is going through a rough […]
Bitcoin: USD/BTC (BTC=X) investors still smiling at the end of 2019 It’s been a bumpy year for bitcoin hodlers, but despite the rough ride, over the last 12 months, the price of the cryptocurrency has risen by more than 95% since this time last year. On New Year’s Eve 2018, the price of bitcoin was […]
Bitcoin: USD/BTC (BTC=X) Shoots Past the $7,400 Mark This is a significant improvement over the $7,100 level it’s been trading at for some time. While the currency rose this high during the mid-December point, it appeared bitcoin couldn’t retain this level of momentum, and immediately fell back down to the low $7,000 range. Now, it […]
Bitcoin: USD/BTC (BTC=X) Halving: The Math The mathematics behind the prediction is relatively simple. The two firms, GBTC and Square, currently have approximately 25 percent of mined supply. Assuming that this volume remains static post-halving, the companies would hold 50 percent. If half of all BTC is absorbed by these two firms, the demand for […]
How to make a Bitcoin: USD/BTC (BTC=X) conversion There may come a time when you need to convert your Bitcoin into fiat or another cryptocurrency. Perhaps you want to realise a profit, simply need the cash, or believe another cryptocurrency offers more potential. There are several different ways you can sell Bitcoin, and there are […]
Bitcoin: USD/BTC (BTC=X) price could be nearing a reversal point Bitcoin (BTC-USD) is at a crucial inflection point, as it is currently trading around its critical support level of $6,500. Bitcoin and the cryptocurrency market in general have been in a slow-motion meltdown mode after Bitcoin hit a high of roughly $14,000 in late June. […]
Bitcoin: USD/BTC (BTC=X) Long “squeeze up” could spark big reversal At press time, BTC/USD traded at around $6,600 amid considerable volatility, having bounced back after dipping to $6,430 — its lowest level in over seven months. Current levels are crucial for analysts, many of whom believed miners would defend $6,500, which constitutes a common production […]
Bitcoin: USD/BTC (BTC=X) continues to dial back gains Bitcoin continues to dial back gains seen in the last week of November amid a parabolic rise in bullish bets on the cryptocurrency. The premier cryptocurrency fell to $6,828 on Monday to print the lowest level since Nov. 25 and was last seen changing hands near $6,900, […]
Will Bitcoin: USD/BTC (BTC=X) drop further soon? Bitcoin (BTC) is currently trading at around $7,050 following a 6% decrease in price since last Monday. Over the past 24 hours, BTC is down close to 1%. BTC broke most of its support levels during a huge sell-off in November as the coin looked to be free […]
Bitcoin: USD/BTC (BTC=X) Time to sell? It looked as if 2019 was the year that the Bitcoin price was going to make a comeback some months ago. After the price of the cryptocurrency plunged to nearly $3,000 at the end of 2018, in the first half of 2019, it rallied to almost $12,000 in June […]
The Evolving Bitcoin: USD/BTC (BTC=X) Landscape in Argentina The temperature has steadily been rising in the Argentinian crypto space for several months of 2019, creating a clear timeline for the increased acceptance of bitcoin and other alternative assets. The nation’s economy and fiat currency have been especially wobbly since August 2019 as the stock market […]
Bitcoin: USD/BTC (BTC=X) whales get ever bigger, threatening increased volatility A closer look at bitcoin holdings data shows a potentially troubling trend among the anonymous accounts — increased consolidation among large owners. Investors with 1,000 to 1 million bitcoins, often referred to as whales, hold 42.1% of all bitcoin supply, up from 37.9% during the […]
Bitcoin: USD/BTC (BTC=X) feeling bearish pressure and could soon drop to historically strong price support below $7,100 Bitcoin is still feeling bearish pressure and could soon drop to historically strong price support below $7,100. The cryptocurrency fell 1.7 percent on Tuesday, reinforcing the bearish view put forward by the strong rejection above $7,600 witnessed over […]
Can Bitcoin: USD/BTC (BTC=X) really hit $100k? If so, then when? The Next Bitcoin Halvening There’s a clause in the monetary policy of Bitcoin which states that every four years (roughly), the rewards for mining new bitcoins is cut in half. Today miners earn an average of 1800 Bitcoins per day now, which will be […]
Bitcoin: USD/BTC (BTC=X) wild price swings subsiding With Bitcoin’s wild price swings subsiding over the past week, investors are now looking ahead to its next potential breakout. Bitcoin’s price has stabilized above its support level of the initial gap created on May 10, potentially marking a bottom for the largest cryptocurrency around $6,500. However, the […]
Bitcoin: USD/BTC (BTC=X) weekly chart is reporting a bullish golden cross Bitcoin’s longer duration chart is flashing a specific bull market signal for the first time in over three years. On the weekly chart, the cryptocurrency’s 50-period moving average (MA) has crossed above the 100-period moving average, confirming what is popularly known as a “golden […]
Bitcoin: USD/BTC (BTC=X) Greater volatility isn’t attracting liquidity providers As the chart above shows, BTC/USD bid-ask spreads tend to widen in periods of high volatility. That’s normal, as market makers seek to profit from investors’ fear and greed. Compared with the second half of 2018, this year has been bumpy for bitcoin: the 30-day volatility […]
Bitcoin: USD/BTC (BTC=X) Faces Resistance Above $7,400 and Holds Bearishness The journey of Bitcoin through this year 2019 has been extremely volatile; the coin started at $3,000 and reached a high of $13,800. Bitcoin’s price seems to be stuck in the $7,000 range for more than two weeks and the pattern formed since then has […]
Bitcoin: USD/BTC (BTC=X) money laundering is a classically stupid crime Laundering money through bitcoin is a bad idea—not only because it’s illegal, but also because it leaves a permanent trail. Defendants have repeatedly been undone because they’ve relied on the cryptocurrency for some part of their nefarious activities. Sometimes, they’ve been arrested years after their […]
Bitcoin: USD/BTC (BTC=X) has created an inverted hammer on the daily chart Bitcoin experienced a strong rejection at key resistance Wednesday, weakening the short-term bullish outlook. The top cryptocurrency by market value quickly jumped from $7,200 to $7,800 during the U.S. trading hours on Wednesday, ending a low-volume pullback, as expected. The ascent, however, was […]
Bitcoin: USD/BTC (BTC=X) Is $6500 Incoming? The Bitcoin [BTC] investment rhetoric this year began with the ‘safe haven’ dialect. The trade war between the US and China heightened during Q2. Consequently, Bitcoin and gold, both regained over 150% and 18%, respectively. The downside post of September is also correlated with gold. However, the current macro […]
Bitcoin: USD/BTC (BTC=X) Increasing adoption, limited supply support price Bitcoin is winning the adoption race among crypto assets and is becoming increasingly scarce, which favors price appreciation. Plenty can go wrong with a nascent asset, but unless the basic premises reverse — mass adoption and fixed supply — there’s a higher probability to sustain price […]
Bitcoin: USD/BTC (BTC=X) Inflation Below 2% All hopes of a ‘Santa rally’ appear to be diminishing as BTC prices continue to slide and sentiment grows increasingly bearish. New options contracts from Bakkt and CME a month later are not bullish as they provide institutional investors with the ability to short the asset further. The only […]
Bitcoin: USD/BTC (BTC=X) Is Being Heavily Sold, but That Might Not Be a Bad Thing As we all remember, bitcoin has had a very mixed two months in both October and November. Things ultimately started in late September when Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – […]
Bitcoin: USD/BTC (BTC=X) facing major crossroad as sell-off proves relentless Bitcoin is nearing a critical juncture as its recent sell-off shows few signs of abating. The largest digital token is nearing a crucial inflection point as its price inches closer to the lower band limit of the Trading Envelope Indicator. The gauge smooths moving averages […]
Bitcoin: USD/BTC (BTC=X) facing major crossroad as sell-off proves relentless Bitcoin is nearing a critical juncture as its recent sell-off shows few signs of abating. The largest digital token is nearing a crucial inflection point as its price inches closer to the lower band limit of the Trading Envelope Indicator. The gauge smooths moving averages […]
Bitcoin: USD/BTC (BTC=X) Is $7,900 USD a possibility? As we enter into the month of December, the last month of the decade that blessed us with Bitcoin and blockchain technology growth. However, since hitting heights of $19,800 USD in late 2017, the price of the pioneer crypto has been on a wild ride, dropping to […]
Bitcoin: USD/BTC (BTC=X) jumped above $7,400 confirming a bullish breakout Bitcoin eked out the biggest single-day gain in four weeks on Wednesday, confirming a short-term price breakout and opening doors for a test of resistance at $7,800. The number one cryptocurrency printed a UTC close at $7,528 on Bitstamp, representing a 5.15 percent gain on […]
Bitcoin: USD/BTC (BTC=X) Rallies Around Holidays There’s a reason as to why many in the community expect Bitcoin to rally around the holidays. First of all, the order books are relatively thinner as at least a huge chunk of traders in the US are busy attending family feasts or preparing for making Black Friday purchases. […]
Bitcoin: USD/BTC (BTC=X) hits speed bump, reaches lowest level in 6 months It wasn’t long ago that bitcoin looked like it was making a comeback. Recently, however,it has hit a speed bump. Bitcoin’s price came tumbling down Monday as it dropped to $6,558 at 1 a.m. EST, its lowest level in six months. (Since bitcoin is […]
Bitcoin: USD/BTC (BTC=X) on a persistent downtrend this month after China took steps to crack down on virtual-currency trading Even though Bitcoin is on pace to post its worst month this year, technical signals show its recent downturn could be coming to an end. Over the weekend, Bitcoin retested its initial May gap that preceded […]
Bitcoin: USD/BTC (BTC=X) plummets to six month low The price of bitcoin has fallen to a six-month low following the second major crash in the space of just three days. The latest dip in value occurred on the 24th November, and saw bitcoin plummet to approximately £5,400. Michael Novogratz, the CEO of Galaxy Digital, suggested […]
Bitcoin: USD/BTC (BTC=X) slowly recovers, XRP price slides further down Bitcoin and the rest of the crypto market saw some positive gains today, with almost every major coin in a better place than where they stood yesterday—but not Ripple’s XRP. XRP is down nearly 4 percent on the day, according to data from Messari, currently […]
Bitcoin: USD/BTC (BTC=X) recent tumble is being attributed to China’s recent announcement that it will crack down on crypto trading The price of bitcoin (BTCUSD) was last around $6,850, according to Coindesk, after slumping about 24% over the past month. In June, the leading cryprocurrency topped $9,000 for the first time in more than a […]
Bitcoin: USD/BTC (BTC=X) Matches Record Losing Run in Fall to Six-Month Low Bitcoin sank nearly 10% to the lowest level in six months, extending last week’s slide past the weekend on concerns about a crackdown on cryptocurrency operations by China. The digital currency plunged as much as 9.8% from Friday’s close and was trading just […]
Bitcoin: USD/BTC (BTC=X) Down Over 20% My own sense is that crypto currencies in general and bitcoin specifically are not safe havens. They have failed the purpose they were intended to fulfill in that they are not actively used as a means of exchange. Few retailers accept them, fewer consumers actively use them and transaction […]
Bitcoin: USD/BTC (BTC=X) potentially facing massive crash Bitcoin’s slow descent over the last month took a dramatic turn today as the cryptocurrency suddenly nosedived. Already reeling from a series of downturns during the last four weeks, BTC had been languishing above $8,100 after falling from $8,800 this time last week. Its ability to cling on […]
Bitcoin: USD/BTC (BTC=X) technical indicators are pointing to further pain ahead As Bitcoin’s recent sell-off accelerates, some technical indicators are pointing to further pain ahead. The largest cryptocurrency’s slide snowballed on Monday, with the price dropping as much as 5% to test the key $8,000 level, which it hasn’t breached since the end of October. […]
Bitcoin: USD/BTC (BTC=X) Tests $8,000 Level as Sell-Off Spills Into Third Week We closed the day, November 19 2019, at a price of $8,206. That’s a minor 1.19 percent decline in 24 hours, or -$98.97. It was the lowest closing price in twenty-five days. We’re still 59 percent below Bitcoin‘s all-time high of $20,089 (December […]
Bitcoin: USD/BTC (BTC=X) A Drop Below $8,000 Opens the Doors Toward $5,000 The round level at $8,000 is an important psychological support factor. We saw a strengthening of buys as Bitcoin approached this mark by the end of the Monday. However, Bitcoin’s position has been worsening since this morning. Almost immediately below this mark – […]
Bitcoin: USD/BTC (BTC=X) buyers prove reluctant to engage with the market Bitcoin prices tumbled over 4 percent Monday as buyers proved reluctant to engage with the market, likely due to recent suggestions of a new crypto crackdown in China. At press time on Tuesday, the world’s top crypto by market capitalization had dropped further, and […]
Bitcoin: USD/BTC (BTC=X) hovers at decisive $8,400 level Data from Coin360 showed BTC/USD attempting to crack the $8,500 level on Monday, only to see rejection after falling from $8,600 late on Sunday. At press time, the pair traded around $8,450 – a crucial area which analysts suggest could dictate whether the mood going forward is […]
Bitcoin: USD/BTC (BTC=X) Bearish All Over Again? This figure marks a drop of roughly $700 over the past few days. The currency is incurring some very strange behavior as of late, though there doesn’t seem to be much of an explanation regarding why this behavior is happening. Let’s start off with the basics. To do […]
Bitcoin: USD/BTC (BTC=X) sentiment to turn bearish Bitcoin (BTC) price is still retracing from the massive rally two weeks ago, which leads the sentiment to turn bearish. Several signs indicate that the price needs to reverse quite soon, or the whole upwards move is deleted from the charts. Bitcoin loses 200-Day MA and EMA for […]
Bitcoin: USD/BTC (BTC=X) Inches Higher as Trading Volume Climbs Bitcoin’s price has been slowly inching higher after briefly visiting its range lows around $9,000 this past weekend, but in order for bulls to maintain their growing strength, it is imperative that they push BTC past its range high resistance level at $9,500. Analysts are now […]
Bitcoin: USD/BTC (BTC=X) Rich List experiencing rapid growth The Bitcoin Rich List has experienced rapid growth in the past 12 months as more bitcoins are consolidated into larger wallets—or new money is entering the space. The Rich List is a table that shows how many wallets contain certain amounts of Bitcoin. It’s based on blockchain data […]
Bitcoin: USD/BTC (BTC=X) price struggles for a bullish breakout continues with a falling trendline capping gains Bitcoin’s (BTC) struggle for a bullish breakout continues with a falling trendline capping gains for the fifth time in 11 days. The top cryptocurrency is currently trading in the red near $9,300 on Bitstamp, having faced rejection near $9,470 […]
Bitcoin: USD/BTC (BTC=X) Climbs Slightly as Analysts Anticipate Imminent Big Movement At the time of writing, Bitcoin trading up roughly 1% at its current price of $9,300, which is the highest point that it has been trading at over the past 24 hours. Bitcoin’s short-term bullishness came about after the crypto briefly visited $9,150 yesterday, which appears to be a near-term […]
Bitcoin: USD/BTC (BTC=X) Ready to Jump Higher? A custom technical signal that has predicted Bitcoin’s price trends to a tee over the past six weeks is printing a buy, implying that BTC may soon mount higher. The indicator doesn’t show where Bitcoin is headed, but there are some analysts expecting the cryptocurrency to reenter the […]
Bitcoin: USD/BTC (BTC=X) holding the key $9,000 and $8,960 support levels The currency has pulled in both bearish and bullish behavior from all angles, jumping beyond the $10,000-mark last weekend after a nasty period of trading in the mid-$7,000 range, to suddenly settling nearly $1,000 below its weekend high. The currency has incurred other little […]
Bitcoin: USD/BTC (BTC=X) must stay above $8,600 to remain in uptrend and start a fresh increase This past week, there was a slow and steady decline in bitcoin below the $8,400 support against the US Dollar. Moreover, BTC price also traded below the $8,200 support area. Finally, it spiked below the $8,000 support, but remained […]
Bitcoin: USD/BTC (BTC=X) Could Nations Turning Away from the Dollar Benefit Bitcoin? Korin, the co-director of the Institute for the Analysis of Global Security, appeared on CNBC’s “Squawk Box” segment yesterday to discuss what she described as “major movers” away from the dollar. For the analyst, one of the main motives driving countries to de-dollarise is potential […]
Bitcoin: USD/BTC (BTC=X) Landmark passed on the 11th anniversary of cryptocurrencies emergence Bitcoin has reached $1bn (£770m) in cumulative transaction fees, passing the major milestone on the eleventh anniversary of the world’s first cryptocurrency. Data gathered by analytics firm Coin Metrics revealed that over 200,000 bitcoin have now been paid in transaction fees since it launched in 2009 – three […]
Bitcoin: USD/BTC (BTC=X) on track to end a three-month losing streak Bitcoin (BTC) is on track to end a three-month losing streak, having recovered from recent lows around $7,400 seen a week ago. The number one cryptocurrency is currently priced at $9,200 on Bitstamp – up 11 percent from the Oct. 1 opening price of […]
In Argentina, Bitcoin: USD/BTC (BTC=X) is once again in vogue Argentina is once again trending, as support for Bitcoin rises following unexpected restrictions on purchasing the US dollar. In Argentina, Bitcoin is once again in vogue. According to reports, its central bank reduced the number of dollars a person can purchase within a month. Back […]
Bitcoin: USD/BTC (BTC=X) Chinese President Xi Jinping calling on his country to advance development in blockchain technology Bitcoin’s price rose sharply over the weekend, recovering from a plunge just days earlier, after Chinese President Xi Jinping gave a speech embracing blockchain technology and calling on his country to advance development in the field. The value of the world’s best-known cryptocurrency jumped as […]
Bitcoin: USD/BTC (BTC=X) President Xi Jinping supports blockchain in China The crypto markets boomed this week, exhibiting their trademark volatility once again. In meteoric fashion, the bitcoin price jumped from a 5-month low of around $7,300 to a monthly high well above $10,000. Much of the cryptocurrency market followed, with ethereum posting a similarly impressive […]
Bitcoin: USD/BTC (BTC=X) Another Major Selloff Could Happen Soon Bitcoin recently broke through the long-term support around the $7,800 to $8,000 area, indicating that a major selloff could follow. The price is consolidating above the $7,300 mark and could be hinting at another leg lower. The 100 SMA is below the longer-term 200 SMA to […]
Bitcoin: USD/BTC (BTC=X) price started a fresh decline This week, bitcoin failed to clear the $8,300 resistance area against the US Dollar. BTC price started a fresh decline and broke many support near the $8,000 handle. As a result, the bears took control and the price dived more than 8% in the past three sessions. It […]
Bitcoin: USD/BTC (BTC=X) key resistance at $8,820 A widely tracked short-term bitcoin price indicator has turned bullish, strengthening the case for a test of key resistance above $8,800. The cryptocurrency’s 50-hour moving average (MA) has crossed above the 200-hour MA, confirming what is popularly known as “golden cross” – a bullish indicator. MA studies are […]
Bitcoin: USD/BTC (BTC=X) Flashes Bullish Signals as Bulls Hold it Above Key Technical Levels After hovering around the $8,000 region for an extended period of time, Bitcoin has been able to garner some hints of bullishness as its buyers have pushed its price up over 3%. This latest surge further confirms the upper-$7,000 region as […]
Bitcoin: USD/BTC (BTC=X) Recovers Above $8,200 Crypto markets are slowly turning green, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $8,200 price mark. Bitcoin has been trading below the $8,000 price mark for the better part of the day but is showing signs of recovery in recent hours. […]
Bitcoin: USD/BTC (BTC=X) Consolidates Around $8,000 Amidst Quiet Sunday Trading Session Bitcoin (BTC) has continued to trade sideways around $8,000 after recovering slightly from its recent drop to the upper-$7,000 region, but its bulls have failed to garner any notable upwards momentum following this slight recovery, which may spell trouble for its near-term price action. […]
Bitcoin: USD/BTC (BTC=X) Climbs from Daily Lows as Bulls Attempt to Spark Rally Today’s bounce pales in comparison to even that seen earlier this week when Bitcoin ran to highs of just below $9,000 before it found significant resistance that sent it reeling lower, and the lower highs that BTC has been setting in the […]
Bitcoin: USD/BTC (BTC=X) is looking increasingly weak Bitcoin is looking increasingly weak, having dropped nearly 2 percent on rising trading volumes Wednesday. The top cryptocurrency by market value fell from $8,150 to $7,912 in the early U.S. trading hours on Wednesday before printing a UTC close at $7,996. The price slide strengthened the case for […]
Bitcoin: USD/BTC (BTC=X) Breaks Below $8,000 Amidst Bearish Bout of Trading At the time of writing, Bitcoin is trading down nearly 4% at its current price of just over $8,000, and it has recovered from its lows of $7,900 that were set in the past few hours. Bitcoin’s slow grind lower over the past several days and weeks has […]
Bitcoin: USD/BTC (BTC=X) recovers from a brief dip to $8,100 The battle to set the next Bitcoin trend is being waged between the $8,100 to $8,300 price point. During the last three weeks, Bitcoin has tried to move over or under that zone only to be brought back into place by that “invisible hand” of […]
Bitcoin: USD/BTC (BTC=X) may lack clear directional bias for the next few weeks Bitcoin created a big bearish engulfing candle on Oct. 11, torpedoing the recovery rally and shifting risk in favor of a drop to lows below $7,800. With the cryptocurrency trading well below $8,820 (Oct. 11 high), the bearish candle is still valid. […]
Bitcoin: USD/BTC (BTC=X) recovers to $8,300 The majority of the top-20 cryptocurrencies by market cap are holding steady today after an up and down weekend, and the market leader is no exception. Bitcoin dropped by about $100, or roughly 2 percent, earlier today, but has recovered to just above the $8,300 mark. Nevertheless, it marks an […]
Bitcoin: USD/BTC (BTC=X) Faces Drop Below $8,000 Bitcoin appears likely to drop below $8,000, despite having scaled a widely tracked technical resistance level. The top cryptocurrency by market value is trading above the 20-day moving average for the first time since mid-September. The MA line was crossed multiple times over the weekend, but on each […]
Bitcoin: USD/BTC (BTC=X) Price In a Sideway Before Next Bull Run More than two weeks have passed since the Bitcoin price dropped from $9,600 to $8,300; BTC has settled itself in the $8,000- $8,600 corridor. However, the community is expecting the growth of main cryptocurrency and popular analysts agreed that the compressed fractal can signal that Bitcoin […]
Bitcoin: USD/BTC (BTC=X) price attempts another recovery Bitcoin price (BTC) bulls looked as if they were taking charge last week as BTC/USD rose by over $1,000, albeit momentarily. Bitcoin rallied throughout the week from a low of $7,760 on Oct. 7 to over $8,800 where it was rejected around the 200 Day Moving Average (MA) on Oct. […]
