Bitcoin: USD/BTC (BTC=X) recorded double-digit gains over the weekend Bitcoin climbed to its highest mark since September, jumping over $US7,500 ($10,865) at one stage, as a rally in cryptocurrencies gathered pace in weekend trading. Bitcoin advanced 12 per cent from Friday to $US7,033.41 at midday AEST, having earlier hit $US7,585, according to Bitstamp pricing. The […]
2021 May Be the Year of Fresh All-Time-Highs for Bitcoin: USD/BTC (BTC=X) At the time of writing, Bitcoin is trading up over 2% at its current price of $6,050, up significantly from its weekly lows of $5,500. Over the past month, BTC has incurred significant upwards momentum that is showing few signs of faltering, as it has […]
Bitcoin: USD/BTC (BTC=X) exchange Binance has confirmed a “large scale” data breach Cryptocurrency exchange Binance has confirmed a “large scale” data breach, in which hackers stole more than $40 million in cryptocurrency In a statement, the company said hackers stole API keys, two-factor codes and other information in the attack. Binance traced the cryptocurrency theft — more […]
Bitcoin: USD/BTC (BTC=X) May Soon Reverse For some reason or another, analysts have begun to believe that Bitcoin (BTC) may be poised for a correction. In a recent Trading View post, Magic Poop Cannon postulated that BTC is currently expressing a number of bearish signals. Firstly, Bitcoin failed to hold above its uptrend channel, all while failing to […]
Bitcoin: USD/BTC (BTC=X) Surges Over 5% At the time of writing, Bitcoin Cash is trading up 5.3% at its current price of $293.51, up from its daily lows of $275. Over a seven-day period, BCH is significantly up from its lows of $230, which were set last Monday, and is only down slightly from its highs of […]
Bitcoin: USD/BTC (BTC=X) Climbs to Over $5,300 as Recent Tether-Based Fears Subside Bitcoin is trading up nearly 1% at its current price of $5,310, up slightly from its daily lows of $5,260. Earlier this week, BTC fell from highs of well over $5,600 due to news surrounding the New York Attorney General’s office claiming that controversial […]
$BTC FLASH: President Trump focusing on dark regulation at SEC The Trump Administration issued a memorandum strongly discouraging regulatory dark matter/s. The memo instructs federal agencies to submit all policy-making rules to Congress to be vetted under the Congressional Review Act, even if these rules come in the form of informal guidance. The Trump Memo […]
Bitcoin: USD/BTC (BTC=X) Long History of Flash Crash Events In a flash crash event, bitcoin plummeted in price on Kraken today. Crypto’s largest asset quickly rallied, however, providing one massive lower candle wick for price action. Bitcoin dove more than $1,000 on Kraken’s crypto exchange on April 25, as seen in the chart below. The […]
Bitcoin: USD/BTC (BTC=X) Fails to Find Support at $5,600 At the time of writing Bitcoin is trading down roughly 2% at its current price of $5,490. On Monday, Bitcoin incurred a relatively large amount of buying pressure that pushed its price to the mid-$5,600 region, at which point it faced increased selling pressure that drove its price […]
Bitcoin: USD/BTC (BTC=X) Strong Resistance Exists Around $5,800 Despite being caught in a bout of sideways trading yesterday, Bitcoin has been able to maintain its upwards momentum and has now surged above the $5,600 level. This upwards momentum has so far been relatively isolated to BTC, as most other cryptocurrencies have not yet surged. Although […]
Bitcoin: USD/BTC (BTC=X) starting to surge As the week progresses crypto markets are looking stronger. Bitcoin is pulling them all up as it breaks through resistance to form a new 2019 high. Market capitalization is ramping up to do the same as it surges upwards of $180 billion again. Bitcoin did what many had been […]
Bitcoin: USD/BTC (BTC=X) Could Still See A “Black Swan” Event In the eyes of analysts across the board, Bitcoin (BTC) decidedly bottomed at $3,150. They cite the fact that at $3,150, BTC was down 85% from its all-time highs, which is where the crypto asset has bottomed in previous cycles, coupled with the idea that […]
Bitcoin: USD/BTC (BTC=X) Advances Past $5,200 At the time of writing Bitcoin is trading up 2.4% at its current price of $5,220, up from its 24-hour lows of $5,030. Early yesterday, Bitcoin incurred relatively large selling pressure that pushed its price from nearly $5,200 to nearly $5,000, which appeared to put Bitcoin’s position within the $5,000 region […]
Bitcoin: USD/BTC (BTC=X) Continues to Find Support in Low-$5,000 Region After picking up some steam this past Sunday, Bitcoin was able to approach the $5,200 level before dropping slightly. Although the previous drop – which sent BTC reeling back towards the lower-$5,000 region last week – seemed to mark the end of the surge, it […]
$BTCUSD Bitcoin (BTC) has held its market cap above $90-B as the markets look to be winding up for another attempt to break through the next Key overhead resistance psych mark at $6,000. Bitcoin is currently trading at $5,025.6602 off 139.85 on the day, If the market can establish support above $5,000, then another Bullish […]
Bitcoin: USD/BTC (BTC=X) Has At Least a 50% Chance of Succeeding Casares, who has been outspoken about his support for Bitcoin and the crypto markets in the past, shared his thoughts on where he sees the nascent technology heading next in a recent post on the Kana and Katana blog, laying out a strong case for why most […]
Bitcoin: USD/BTC (BTC=X) Fails to Break Above $5,350 At the time of writing, Bitcoin is trading down over 4% at its current price of $5,060 and is currently trading near its daily lows. Today’s drop was brought about yesterday after Bitcoin swiftly surged from roughly $5,300 to $5,350, where it faced significant levels of selling pressure that […]
Bitcoin: USD/BTC (BTC=X) Bear Market Bottom Has Been Confirmed Bulls and bears alike having been paying close attention to Bitcoin price charts, trying to determine if the December 2018 low was indeed the bear market bottom, or if Bitcoin will test new lows once again. The most recent price rally was the most valiant effort yet by […]
With Bitcoin back above $5,000, there are signs to suggest that the Bear market might be coming to an end. This has surprised quite a few who expected it to drag on a little while longer. I was one of them. Of course, this may still happen, but there are signs that we are beginning […]
Bitcoin: USD/BTC (BTC=X) Push To $6,000 Still In Play Late last month, NewsBTC reported that Filb Filb, a leading industry researcher, posted two charts in a bid to show that BTC could easily rally to $6,000 by the end of April. The first was Bitcoin’s price action from July to late-December, but inverted. The second was the […]
Bitcoin: USD/BTC (BTC=X) price consolidates below $5000 The bitcoin price on Thursday depreciated as much as 10.33-percent against the US dollar. The cryptocurrency reached an intraday low at $4,833 in an interim bearish correction. It was already trending inside an overbought zone when the downside action started. Traders found a decent opportunity to exit their long positions […]
Bitcoin: USD/BTC (BTC=X) fundamentals fueling gains Bitcoin cash has surged recently, climbing upwards of 100% since Monday morning and leaving other top cryptocurrencies in the dust. This digital currency, a fork of the original bitcoin, skyrocketed to $324.57 today,CoinDesk price data reveals. At this point, it was up roughly 94.4% from its Monday low of $166.93 and […]
Bitcoin: USD/BTC (BTC=X) Rally Continues BTC is trading at around $4,904 at press time, holding ground on the day after it broke the $4,500 price mark for the first time this year. The coin has gained 17.66 percent on the day, while its weekly gains are over 22 percent. Today, cryptocurrency bull Brian Kelly suggested that the […]
Bitcoin: USD/BTC (BTC=X) accelerating higher above the $140.0B resistance level Bitcoin cash price found support near the $162 level and later bounced back above the $165 level against the US dollar. The BCH/USD pair is currently trading nicely above the $168 level and it is likely to climb above the $170 resistance level in the […]
Bitcoin: USD/BTC (BTC=X) Breaks Above $4,100 At the time of writing, Bitcoin is trading up marginally at its current price of $4,105. Over the past couple of weeks, $4,100 has proven to be a level of resistance for BTC, and it is unclear if the crypto’s bulls will garner enough buying pressure to flip this price into […]
Bitcoin: USD/BTC (BTC=X) Bulls continue to face exhaustion above $4,000 The current market scenario doesn’t vary much from my analysis yesterday. Cryptocurrency market is currently in a phase where both bulls and bears wage war for control of price action. But neither bulls nor bears seem to possess the strength required to form a breakout […]
Bitcoin: USD/BTC (BTC=X) Trades Between a 7.8% Range In March 2019, Monthly Candle Close Important There is much debate between crypto bears and bulls alike, on if the bottom of the current bear market is in. After falling from its all-time high of $20,000, Bitcoin ping-ponged between lowering overhead resistance, and seemingly unbreakable support at roughly […]
Bitcoin: USD/BTC (BTC=X) Breaks Below $4,000 and is Likely to Drop Further At the time of writing, Bitcoin is trading down just over 1% at its current price of $3,970 and is down from its weekly highs of nearly $4,100. Because bulls still do not have enough buying pressure to push the crypto above the low-$4,000 region, […]
Bitcoin: USD/BTC (BTC=X) Drops Below $4,000 as Key Resistance Level Holds At the time of writing, Bitcoin is trading down 1.5% at its current price of $3,960 and just recently dropped below its key support level that had been previously established at approximately $4,000. Over the past week, Bitcoin has been coiling tightly within approximately $4,000 and $4,050 before […]
Bitcoin: USD/BTC (BTC=X) Risk of Break Grows Recently, bitcoin price rebounded nicely after trading as low as $3,872 against the US Dollar. The BTC/USD pair gained traction and traded above the $3,940 and $3,960 resistance levels. However, the $4,000 level acted as a strong resistance and prevented further gains. A swing high was formed near $3,999 and […]
Bitcoin: USD/BTC (BTC=X) dominance slips despite price gain According to CoinMarketCap data, the BTC market dominance now stands at 50.8 percent. This figure represents the lowest market dominance since mid-August 2018. Data shows that Bitcoin’s share of the total cryptocurrency market capitalization has been sliding downwards since the latter part of January 2019. The drop in market […]
Bitcoin: USD/BTC (BTC=X) Trades Sideways Above $4,000 At the time of writing Bitcoin is trading up nominally at its current price of $4,070 and is up slightly from its daily lows of $4,030. Ever since BTC pushed above $4,000 last Friday, the cryptocurrency’s upwards momentum has stalled, leading it to trade in an incredibly tight trading range […]
Bitcoin: USD/BTC (BTC=X) Still in Correction Mode Bitcoin is still consolidating after its recent test of the ascending channel resistance, keeping the correction going. Price seems to have bounced off the 38.2% Fibonacci retracement level but might still be due for a larger dip. The 100 SMA is above the longer-term 200 SMA to indicate […]
Bitcoin: USD/BTC (BTC=X) technicals indicate a bearish trend was forecast for the coin The largest cryptocurrency in the market, Bitcoin [BTC], saw the bull make an entry and lift the coin’s prices. However, this was a short-lived trend as the coin fell in the past hour, at the time of writing. The token was valued at […]
Bitcoin: USD/BTC (BTC=X) price climbed higher towards the $4,040 level before correcting lower against the US Dollar In the weekly analysis, we saw a nice upward move above $4,000 in bitcoin price against the US Dollar. The BTC/USD pair even broke the $4,020 level and traded towards the $4,040 level. A high was formed at $4,041 […]
Bitcoin: USD/BTC (BTC=X) lacking clear directional bias Bitcoin’s struggle for direction continues amid growing signs of a bull reversal in alternative cryptocurrencies. The leading cryptocurrency by market value is trapped in the range of $3,800 to $3,900 for a ninth straight day, contradicting the quick move toward the recent high of $4,190 suggested by the […]
Technical Indicator Shows That Bitcoin: USD/BTC (BTC=X) Slight Upwards Momentum is Slowing Although Bitcoin has established some levels of stability around its current price of $3,900 for the past several weeks and volatility has been steadily decreasing, as a recent Bloomberg report points out, Bitcoin’s Moving Average Convergence Divergence indicator has been declining since mid-February, which may […]
Bitcoin: USD/BTC (BTC=X) Faces Growing Resistance at Critical 4,000 Level After facing increased levels of selling pressure yesterday, Bitcoin as been able to maintain above $3,900, which is increasingly becoming a level of support for the cryptocurrency. Despite this, $4,000 still remains a key level of resistance for BTC, and the crypto’s short positions are […]
Bitcoin: USD/BTC (BTC=X) $4,000 resistance holds Bitcoin prices traded lower on Monday, falling more than 1% as the best-known cryptocurrency failed to breach short-term resistance at $4,000. In early afternoon trade on Monday, a single bitcoin BTCUSD, -0.60% was changing hands at $3,839.00, down 1.5% since Sunday’s level at 5 p.m. Eastern time on the Kraken exchange. The […]
Bitcoin: USD/BTC (BTC=X) Stable Above $3,900 Last week, the price of Bitcoin was in a bullish trend. The crypto’s price was trading above the $3900 and was attempting to break the resistance level. Each time the bulls tested the $4000 resistance level, the crypto’s price will fall to the bearish trend zone. On March 9, […]
Bitcoin: USD/BTC (BTC=X) another attempt to confirm the long-term double bottom reversal pattern Bitcoin might be making another attempt to confirm the long-term double bottom reversal pattern as it heads back to test the neckline resistance. A break higher could confirm that a climb of the same height as the chart formation might follow. The […]
Bitcoin: USD/BTC (BTC=X) raised the odds of a rally to the psychological hurdle of $4,000 With bitcoin’s (BTC) quick reversal of the losses seen on Monday, the technical charts are again pointing to a rally to $4,000. The leading cryptocurrency by market capitalization jumped to a high of $3,877 yesterday, before seeing a UTC close […]
Bitcoin: USD/BTC (BTC=X) struggling to demonstrate strength at the $4,000 resistance level In the last 24 hours, the Bitcoin price has slightly dropped from $3,860 to $3,770, struggling to demonstrate strength at the $4,000 resistance level. Despite the lack of momentum on the price trend of Bitcoin, several crypto tokens in the likes of Binance […]
Bitcoin: USD/BTC (BTC=X) Slow and Steady Rise Back to Previous All-Time High BTC is currently trading at around $3,700 today, following a fall from local highs of over $4,200. These numbers would have been laughable back in December 2017 when Bitcoin was trading anywhere from $13,000 to a high if $20,000. But after Bitcoin’s parabolic advance […]
Bitcoin: USD/BTC (BTC=X) Still Could Be The ‘Next Big Thing’ Although many cynics, including Warren Buffet, Jamie Dimon, and the rest of the skeptics in that Wall Street posse, would claim that Bitcoin is inevitably going to bite the dust, this might not be the case. More specifically, in the current context of the embattled macroeconomy, […]
Bitcoin: USD/BTC (BTC=X) poised to break its six-month losing streak The bitcoin price has lost ground every month since September, taking a heavy blow in November due to a developer civil war that threatened to tear apart bitcoin rival, bitcoin cash. But the bitcoin bulls have been out in force over the last few weeks, […]
Will Bitcoin: USD/BTC (BTC=X) become world’s reserve currency? Apple’s co-founder Steve Wozniak spoke about Bitcoin at one of Bloomberg’s events on 26 February 2019. He also addressed topics ranging from AI and Machine Learning to Bitcoin, and how it will become the world’s reserve currency. Steve Wozniak, aka The Wonderful Wizard of Woz, is an […]
Bitcoin: USD/BTC (BTC=X) Drop Towards $3,200 Unless it Finds Continued Bullish Momentum Although BTC’s ability to climb back above its 100-day moving average and to hold above the bottom of its parallel trading channel is positive, one analyst believes that Bitcoin may soon target its 2018 lows in the low-$3,200 region in the near-future if it is […]
Bitcoin: USD/BTC (BTC=X) Warren Buffett is doubling down on his bitcoin criticism Billionaire investor Warren Buffett is doubling down on his bitcoin criticism. “Bitcoin has no unique value at all,” Buffett told CNBC’s Becky Quick in a “Squawk Box ” interview Monday. “It is a delusion, basically.” The Berkshire Hathaway CEO said he is sympathetic to optimists who bought the […]
Traders Hint At Bitcoin: USD/BTC (BTC=X) Market Bottom The prominent industry commentator claimed that BTC’s recent move allowed it to break out of its short-term falling wedge and bull flag, along with a longer-term “major bear pennant” — an evidently positive sign. Rand added that from volume readings should also spark some form of optimism, […]
Bitcoin: USD/BTC (BTC=X) survey suggests there’s a growing interest Bitcoin has struggled over the last year as the market nurses a hangoverfrom its epic 2017 bull run that saw the bitcoin price explode from under $1,000 at the beginning of the year to almost $20,000 in fewer than 12 months. The bitcoin price has so far failed to break out […]
Bitcoin: USD/BTC (BTC=X) Likely to Drop Before Climbing Higher Because Bitcoin’s recent rally has stalled, analysts now believe that it needs to drop lower before garnering enough buying pressure to push it above $4,000. Flood, an extremely popular cryptocurrency trader on Twitter, told his over 60k followers that he thinks BTC will drop to $3,800 […]
Bitcoin: USD/BTC (BTC=X) has surged more than 10% since JPMorgan announced on Thursday that it would launch its own cryptocurrency, called “JPM Coin Bitcoin hit a high of $US4,002.71 a coin on Tuesday, just days after JPMorgan said it would launch its own cryptocurrency that was tied to the US dollar. The largest cryptocurrency by market […]
Will Bitcoin: USD/BTC (BTC=X) test $4,000? Will Bitcoin test $4,000? If it does, will BSV break out and re-test $100? It’s hard to say from here, with $150 to go. People have had a couple months of opportunity to buy well beneath this level, so a dump frenzy could happen, which could bring the shyness […]
Bitcoin: USD/BTC (BTC=X) Top Cryptos See Minor Losses Most of the top 20 cryptocurrencies are reporting minor losses on the day by press time. Bitcoin (BTC) has fallen under the $3,650 mark again, according to Coin360 data. At press time, Bitcoin is down 0.18 percent on the day, trading at around $3,631, after a brief mid-day high of $3,680, according […]
Bitcoin: USD/BTC (BTC=X) Volume Spikes, But Price Remains Unfazed At the time of writing, Bitcoin is trading down nominally at its current price of $3,620. Ever since BTC made its large price swing last Friday, it has been trading sideways around its current price levels. Earlier today, BTC experienced a massive and unusual trading volume spike that […]
Bitcoin: USD/BTC (BTC=X) little fundamental news to drive prices action Bitcoin prices fell Wednesday, extending the slide that has seen the cryptocurrency fall 5% since making a three-week high above $3,700 last week. In early afternoon trading, one bitcoin, BTCUSD, +0.29% the world’s largest digital currency, was changing hands at $3,576.60, down 0.2% since Tuesday at 5 p.m. […]
Bitcoin: USD/BTC (BTC=X) May Soon See Increased Selling Pressure At the time of writing, Bitcoin (BTC) is trading down 0.5% at its current price of $3,630. In the time following last Friday’s price rally, BTC has been relatively stable, and has found some levels of buying support in the low-$3,600 region. Although its ability to maintain its […]
Bitcoin: USD/BTC (BTC=X) isn’t quite in a bull market yet Following the crypto market’s quiet weekend trading session, most cryptocurrencies have continued to trade flat, and have thus far maintained nearly all of their recent price gains that were incurred during Friday’s market surge. Bitcoin (BTC) has found stability in the mid-$3,600 region and appears […]
Bitcoin: USD/BTC (BTC=X) May Soon Surge to $5,000 Following the positive volatility the markets experienced on Friday, Bitcoin (BTC) has been able to find stability in the $3,600 region, signaling that bulls are not ready to surrender the cryptocurrency’s recent price gains. Now, one analyst is claiming that Bitcoin may surge as high as $5,000 […]
True believers in Bitcoin: USD/BTC (BTC=X) and blockchain technology still gush about its enormous potential Bitcoin might be down 80% from its peak, but true believers in cryptocurrencies and blockchain technology still gush about its enormous potential.Some still see bitcoin as the ultimate hedge against disaster.”There is a really good chance we have something better than […]
Bitcoin: USD/BTC (BTC=X) Sinks to Weekly Low at $3,400 After an extended period of sideways trading in the mid-to-upper $3,400 region, Bitcoin (BTC) has failed to break through its nearest resistance level at $3,500, which has led the cryptocurrency to drop to its support level at $3,400. Although BTC has yet to break decisively below […]
Bitcoin: USD/BTC (BTC=X) Volatility Plunges, Likely to Increase Significantly in Near Future At the time of writing, Bitcoin is trading up marginally at its current price of $3,460. Over the past seven days, Bitcoin has been trading choppily between approximately $3,400 and $3,500 and has been narrowing this range over the past couple of days. This isn’t […]
Bitcoin: USD/BTC (BTC=X) bounce that could see the cryptocurrency end the year at nearly double its current price A bitcoin renaissance could see the digital currency rise by as much as 84 per cent by the end of 2019, according to a panel of experts polled by Finder.com.au. After peaking at $US20,000 in December 2017 […]
Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again Bitcoin is down a fraction of half percent on the day, trading at around $3,476, according to CoinMarketCap. Looking at its weekly chart on CoinMarketCap, the current price is about 3 percent lower than $3,594, the price at which Bitcoin started the week. The stock market is […]
Bitcoin: USD/BTC (BTC=X) Relative Strength Index (RSI) for the cryptocurrency has reached the oversold area Despite Current Trends, Investors Should Stay Calm According to the Forbes article, crypto investors should not adopt a bearish attitude, even if the Bitcoin price goes below the US $3,000 threshold. The Relative Strength Index (RSI) for the cryptocurrency has reached the […]
Bitcoin: USD/BTC (BTC=X) has now entered a new selling trend for the first time since mid-November The bitcoin price has been trading around the $3,500 mark over the last month, falling to lows of $3,322 this week, according to prices from the Luxembourg-based Bitstamp exchange. Lingham’s warning follows worrying reports that bitcoin could be headed for […]
Where is Bitcoin: USD/BTC (BTC=X) Heading Next? After an extended period of sideways trading, Bitcoin (BTC) experienced a large downwards swing yesterday that caused the cryptocurrency to break below it previously established support level in the low-$3,500 region. Although this drop seemed significant, BTC has found support in the $3,400 region, and it is still […]
Bitcoin: USD/BTC (BTC=X) market suffered widespread losses Bitcoin reached a six-week low today, declining below $3,400 as the broader cryptocurrency market suffered widespread losses. The world’s largest digital currency by market capitalization (market cap) dropped to $3,374.46 at roughly 10:40 a.m. EST, according to CoinDesk bitcoin price data. This was the lowest value since December 17. At […]
Bitcoin: USD/BTC (BTC=X) Crypto Traders Optimistic Bitcoin Price Gets Hammered, Traders Optimistic In the past hours (per the time of writing), the value of cryptocurrencies across the board have fallen dramatically. Bitcoin (BTC) is currently posting a 2.3% loss, falling to the $3,500 price level for the umpteenth time in weeks. Altcoins, interestingly, have had […]
Bitcoin: USD/BTC (BTC=X) Price Could Sink Even Further Analysts at JP Morgan have predicted that Bitcoin (BTC) could fall below $1,260, while banks will not benefit from blockchain for at least three to five years, Reuters reported on Jan. 24. According to Reuters, analysts from the major global investment bank think that the true value of cryptos is still unproven, and that they only make sense in a […]
Hopes for a Bitcoin: USD/BTC (BTC=X) exchange traded fund are being dashed Hopes for a bitcoin exchange traded fund are being dashed, for now. Cboe Global Markets pulled its application on Wednesday for what would be the first-ever bitcoin exchange traded fund, or ETF, according to a filing with the Securities and Exchange Commission. The SEC’s approval […]
Bitcoin: USD/BTC (BTC=X) recent flop has led to another depreciation in its value Bitcoin is facing another catastrophic fall, according to cryptocurrency experts, which could result in it exponentially rising once again. The internet based currency has been extremely turbulent, spiking and plummeting as people regularly gain and lose confidence. As such, Bitcoin’s value remains […]
Bitcoin: USD/BTC (BTC=X) Continued Risk of Weakness Yesterday, there was a significant downward move below the $3,650 support level in bitcoin price against the US Dollar. The BTC/USD pair even traded below the $3,560 support level and the 100 hourly simple moving average. It spiked below the $3,500 support and a low was formed near the $3,465 […]
Bitcoin: USD/BTC (BTC=X) failed to maintain its recently established position in the $3,700 region Yesterday, Bitcoin surged to highs of over $3,750, which appeared to many analysts to be an important price level that would lead to a further surge into the low-$4,000 range. Despite this, BTC’s bulls were not able to muster up enough buying pressure […]
Bitcoin: USD/BTC (BTC=X) Bulls Could Push Bitcoin to $5,000 if Support Continues to Hold In the long-term, analysts have expressed that Bitcoin is likely caught in a relatively large trading range between $3,000 and $5,000. Within this, BTC’s recent price action signals that it is likely caught in a much tighter trading range between $3,550 […]
Bitcoin: USD/BTC (BTC=X) At Risk of Sharp Decline Recently, there was a decent support formed near $3,550 in bitcoin price against the US Dollar. The BTC/USD pair started a short term recovery and moved above the $3,600 and $3,620 resistance levels. There was also a break above the 50% Fib retracement level of the last side from […]
Bitcoin: USD/BTC (BTC=X) bullish beginning to the year appears to have bottomed-out Bitcoin’s bullish beginning to the year appears to have bottomed-out, with early gains starting to slump. So how realistic are reports the volatile cryptocurrency could commence a new bull cycle? Bitcoin’s (BTC) fortunes fluctuated during the last 12 months, with its value dropping from […]
Bitcoin: USD/BTC (BTC=X) Sees New 2019 Lows Bitcoin (BTC) has hit a new 2019 low, trading at $3,552 around press time as other major cryptocurrencies are facing moderate losses. Bitcoin has lost another 2 percent in 24 hours, with its price barely reaching $3,600. Although some reports predicted major market movements due to the recent activation of long-dormant Bitcoin wallets, […]
Bitcoin: USD/BTC (BTC=X) short term breakout pattern forming with resistance near $3,650 This past week, bitcoin price started a major downward move from the $4,037 swing high against the US Dollar. The BTC/USD pair declined heavily and broke the $4,000, $3,800, $3,725 and $3,650 support levels. The decline was nasty as there was a close below the […]
Bitcoin: USD/BTC (BTC=X) Sentiment Turns Negative Bitcoin lost more than 10% today, following many digital currencies lower after market research showed a decline in investor sentiment. The price of bitcoin had fallen to as little as $3,570.29 at the time of report, down roughly 10.6% in the last 24 hours and 11.2% from the start of the day, […]
Bitcoin: USD/BTC (BTC=X) $4,000 acts as its new cushion The cryptocurrency market’s roller-coaster ride in 2019 has been ongoing with several coins seeing ups and down on the price charts. Popular cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and XRP witnessed stagnated price holds in a scenario where Ethereum overtook XRP to become the second-largest cryptocurrency. […]
Bitcoin: USD/BTC (BTC=X) Increasingly Bullish Sentiment Although many investors and analysts alike were disappointed that Bitcoin and the overall cryptocurrency markets did not end 2018 on a high note, the markets may be seeing increasingly bullish sentiment from traders and investors alike, according to new data. If Bitcoin’s price does begin climbing as this data […]
Bitcoin: USD/BTC (BTC=X) could enjoy additional gains after breaking through $4,000 Bitcoin could enjoy additional gains after breaking through $4,000, according to sentiment data and technical analysis. The cryptocurrency reached as much as $4,063.95 around 12:30 EST on Sunday, January 6, according to CoinDesk bitcoin price data. Since then, bitcoin prices have largely fluctuated between $3,950 and $4,050, additional […]
Bitcoin: USD/BTC (BTC=X) Still Uncertain With a $7 billion increase in the combined value of cryptocurrencies, the market has initiated a decent short-term price movement. But, as a cryptocurrency trader with an online alias “The Crypto Dog” said, the valuation of cryptocurrencies would have to break out of major resistance levels in the range of […]
$BTCUSD ‘Capitulation’ is Bitcoin (BTC) investors word of the year. Bitcoin rose to $20,000 and fell to $3,700 the market is open at the time of this writing leaves players wondering if Y 2019 is a Year for Bulls. Bitcoin is a new, low volume asset class trying to gain traction, as the fundamentals play […]
Bitcoin: USD/BTC (BTC=X) 2019 Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 10,895.69. The projected lower bound is: -302.02. The projected closing price is: 3,796.84. Candlesticks A black body occurred (because prices closed lower than they opened). During the past […]
Bitcoin: USD/BTC (BTC=X) price struggled to gain traction above the $3,840 There was an increase in selling pressure on bitcoin price after it failed to clear the $3,850 level against the US Dollar. The BTC/USD pair started a downside move and broke the $3,800 and $3,700 support levels. It even broke the $3,600 level and […]
Bitcoin: USD/BTC (BTC=X) fresh upward move above the $3,900 and $4,000 Yesterday, we saw a major downside correction in bitcoin price below the $4,000 support against the US Dollar. The BTC/USD pair even declined below the $3,800 support before buyers appeared near the $3,680 level. A low was formed at $3,684 and later the price started a […]
Bitcoin: USD/BTC (BTC=X) many miners are still finding it difficult to remain profitable Bitcoin’s mining difficulty has dropped more than 7 percent over the past 24 hours as the fallout of the prolonged market rout continues. Despite a recent recovery that has taken bitcoin above $4,000, many miners are still finding it difficult to remain […]
Bitcoin: USD/BTC (BTC=X) Continues Squeeze to $4500 Bitcoin (BTC/USD) continues its path to higher highs as crypto bulls show no signs of exhaustion. Less than 48 hours ago BTCUSD was still trading at $3250. In what seems like no time at all bitcoin is back to its old ways again slicing through $3750 resistance, currently trading $4000, a +25.81% increase since its previous lows last […]
Bitcoin: USD/BTC (BTC=X) fresh round of gains across major cryptocurrencies Bitcoin (BTC) saw a sudden surge Dec. 18 to regain support at $3,500, sparking a fresh round of gains across major cryptocurrencies. BTC/USD hovered around $3,516, up 2.5 percent and capping gains of $260 in the past 24 hours. The same date in 2017 marked the second […]
$BTCUSD , $CME, $CBOE The year long digital-asset slump is scaring off institutional money, according to JPMorgan Chase & Co., suggesting a taste for the cryptocurrency markets is fading way. “Participation by financial institutions in Bitcoin trading appears to be fading,” JPM analysts wrote in a research note dated 14 December. “Key flow metrics have downshifted […]
Bitcoin: USD/BTC (BTC=X) major trend remains down Bitcoin is trying to pull back from the $3,500–$3,000 support zone. In this leg of the down move that started on Nov. 14, the pullbacks have not lasted more than three days. Hence, we remain cautious. The downtrend line and the 20-day EMA are both placed at the same […]
$BTCUSD Bitcoin’s (BTC) value has fallen by about 75% YTD, driving the original and biggest cryptocurrency back to marks not seen before meteoric rise. Plus, the price is not the only component of trading that has changed. The retail investors behind Bitcoin’s ascent to a record near $20,000 last December have left the game, leaving […]
Bitcoin: USD/BTC (BTC=X) forming a short term base near $3,120 This past week, bitcoin price remained in a slow and steady downtrend from the $3,640 high against the US Dollar. The BTC/USD pair traded lower and broke the $3,400 and $3,320 support levels. The decline gained pace and the price traded to a new yearly low at […]
Bitcoin: USD/BTC (BTC=X) downtrend extends stronger and dips further below every day as the prices collapse Uptrend for Bitcoin seems like a distant memory, but the downtrend extends stronger and dips further below every day as the prices collapse. The downtrend currently extends from $5,518 to $3,440. The prices for Bitcoin are holding above the support […]
Bitcoin: USD/BTC (BTC=X) preparing for a breakout? The bitcoin price on Wednesday jumped as high as 4.65 percent from its opening price and established an intraday high at $3,488. The BTC/USD rate is now trading at 3440-fiat on the Coinbase exchange, coupled with a notable rise in daily volatility. The pair on December 7 established its yearly low at […]
Bitcoin: USD/BTC (BTC=X) Target $3000 The price of Bitcoin has surprised several investors in the last few months when it was traded under $4,000. At the beginning of the year, $4,000 was a price that nobody was expecting by the end of the year. And it seems that Bitcoin could keep falling and reach new […]
Bitcoin: USD/BTC (BTC=X) bear continues its rule The current cryptocurrency market has seen something of a roller coaster, with some coins seeing bullish gains while others are still crumbling under the bear’s pressure. Popular cryptocurrencies like Bitcoin [BTC], XRP and Ethereum [ETH] have been seeing surprising gains, with the bear still looming large. Bitcoin’s one-day […]
