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. […]
Bitcoin: USD/BTC (BTC=X) recovering nicely from its monthly lows Bitcoin is having a pretty good week. A bullish trend, which began on Monday, has seen the price of Bitcoin recover from its monthly low of $7,762 two weeks ago. During the last four days, Bitcoin has climbed, but it’s met strong resistance near the $8,700 […]
Bitcoin: USD/BTC (BTC=X) continues to look north and may rise to $9,000 in the short-term Bitcoin (BTC) continues to look north and may rise to $9,000 in the short-term despite a U.S. regulator’s decision to reject a bitcoin exchange-traded fund (ETF) proposal. The U.S. Securities and Exchange Commission (SEC) on Wednesday announced that the ETF […]
Bitcoin: USD/BTC (BTC=X) Price Rallies to Touch $8,600 The world’s most popular crypto coin rallied from an intraday low of around $8,200 up to its current trading price near $8,600, showing impressive gains of over 5% in the past 24 hours, while a vast majority of the top 100 crypto coins are pumping in sync […]
Bitcoin: USD/BTC (BTC=X) Resistance at $8,300 After incurring a noteworthy rally yesterday that sent Bitcoin’s price surging towards the mid-$8,000 region after a brief visit to $7,800, BTC’s upwards momentum has once again faltered, with the crypto once again nearing its previously established support level at $8,200. Analysts are now noting that the price level […]
Bitcoin: USD/BTC (BTC=X) could test key resistance above $8,500 in the next day or two Bitcoin (BTC) logged the biggest single-day price gain in five weeks on Monday, opening doors for a stronger recovery rally to key resistance above $8,500. The top cryptocurrency by market value bounced up from a historically strong 100-week MA support […]
Bitcoin: USD/BTC (BTC=X) bounce would weaken if prices find acceptance below the support level, currently at $7,753 Bitcoin (BTC) has again defended historically strong price support near $7,700, keeping the hopes of a corrective rally alive. The top cryptocurrency faced selling pressure and fell below $8,000 over the weekend, contradicting the possibility of a recovery […]
Bitcoin: USD/BTC (BTC=X) Price Aims $9K Target In the Mid Term Bitcoin is not giving up and is aiming to reach the new heights to escape the downtrend. When to expect BTC overcoming the $9 target? Traders are sure we need to wait some time – this price is a mid-term target. Over the past days, the […]
Bitcoin: USD/BTC (BTC=X) Holders May be Tempted to Fractional Reserve Practices Eric Wall, a cryptocurrency expert, warns that there is nothing to stop bitcoin owners from effectively expanding the supply. This could happen in the manner of banks, which hold onto a portfolio of assets, but can also lend them without losing control. Wall believes […]
Bitcoin: USD/BTC (BTC=X) currently experiencing a negative price trend This hasn’t been a good week for Bitcoin. Following a sharp fall on Tuesday of last week, when the price of Bitcoin dropped from almost $9,700 to $8,500, the cryptocurrency has failed to recover ever since. After falling to $8,000, the bulls tried to gain some ground, […]
Bitcoin: USD/BTC (BTC=X) floats in the waters of uncertainty As Bitcoin’s (BTC) price floats in the waters of uncertainty in the low $8,000 range, one might wonder how crypto’s largest asset found itself at the bottom of a steep drop after its exuberant price rise from $3,330 to $13,880 earlier in 2019. One explanation could […]
Bitcoin: USD/BTC (BTC=X) seems to be pulling up from its recent dive The 61.8% level seems closest to the wedge resistance around the $9,756 level and the 100 SMA dynamic inflection point. The 50% Fib is closer to the former support around $9,500 while the 38.2% level is near the $9,000 mark. The 100 SMA […]
Bitcoin: USD/BTC (BTC=X) corrective bounce may be seen before an extended sell-off to $7,500-$7,070 Bitcoin (BTC) is again flashing red, having hit a 3.5-month low earlier today and is on track to post the first quarterly loss of 2019. The top cryptocurrency by market capitalization fell to $7,715 at 04:50 UTC today – a level […]
Bitcoin: USD/BTC (BTC=X) bears have continued to flex their muscles Bitcoin bears have continued to flex their muscles into Monday morning. After closing the week at a massive loss, with BTC posting its worst performance since November 2018’s capitulation event, bulls failed to make their presence known. As of the time of writing this, the Bitcoin price […]
Bitcoin: USD/BTC (BTC=X) Chances for Bitcoin Recovery Building Over the past three days, the asset has been relatively still in the low-$8,000s, having not lost or gained more than 5% in any 24-hour period. While some believe that this lack of price action is a precursor to yet another bout of consolidation, analysts are starting […]
Bitcoin: USD/BTC (BTC=X) Price Sheds $500 Over Day, Drops Below $8,000 Bitcoin bears continue to be firmly in control as the first cryptocurrency’s price tumbled below $8,000 per coin for the second time this week. Beginning at 15:50 UTC, the Bitcoin Price Index capitulated at $8,095, shedding near $200 within a few minutes. Support at $7,900 lasted […]
Bitcoin: USD/BTC (BTC=X) Price in Hot Water Over the past 48 hours, Bitcoin and the broader cryptocurrency market have been crushed by bears. According to Coin360, the BTC price is now trading at $8,500, 15% lower than two days prior. This pain may only continue into the coming days and weeks, unfortunately enough. You see, BTC is now sitting under an […]
Bitcoin: USD/BTC (BTC=X) looks set to test support near $7,500 Bitcoin fell sharply on Tuesday, confirming a bearish reversal and opening the doors for a test of crucial price support near $7,500. The leading cryptocurrency by market value ran into selling pressure around $9,700 in the early U.S. trading hours and fell to a 3.5-month […]
Bitcoin: USD/BTC (BTC=X) prices crashed hard Bitcoin prices crashed hard — dropping almost $800 in a few minutes to show double-digit losses. It was down 11.4% and trading at $8,150 as of publishing time. According to data from Coin360, Bitcoin investors are experiencing a painful Tuesday, with BTC/USD hovering close to $8,100. Bitcoin’s rapid drop below $9,800 was the latest […]
Bitcoin: USD/BTC (BTC=X) Deepens Under $10,000 Bitcoin’s three-months of sideways trading may soon end with a notable price drop, as key indicator is reporting strongest bearish bias in nine months. The leading cryptocurrency’s stellar rally from April’s low of $4,000 ran out of steam at highs above $13,880 at the end of June. Since then, […]
Bitcoin: USD/BTC (BTC=X) Finds Support Around $10,000 At the time of writing, Bitcoin is trading down marginally at its current price of $10,000, which marks a slight recovery from 24-hour lows of $9,900, with this fleeting drop into the four-figure price region being met with significant buying pressure. Because Bitcoin has been consolidating within the lower-$10,000 region for the […]
Bitcoin: USD/BTC (BTC=X) back above the $10,000 and $10,100 levels, with positive signs Bitcoin Cash Price Analysis BCH price corrected lower recently and tested the $305 support area against the US Dollar. Later, the price bounced back above the $310 and $315 levels. It seems like the price is about to break the $320 resistance […]
Bitcoin: USD/BTC (BTC=X) has decidedly shed the $10,000 support Ouch. The Bitcoin (BTC) price has dumped by over $450 in the past few minutes, with bears finally managing to take the wheel of the cryptocurrency market after over two weeks of lull. It isn’t clear what triggered this move, but with this flash crash, the […]
Bitcoin: USD/BTC (BTC=X) risks falling to $9,855 Bitcoin’s volatility has hit its lowest level in over four months – a price squeeze that may force a significant move either way. BTC’s bull run stalled at highs above $13,800 on June 26 and prices have created lower highs and higher lows ever since. Notably, the trading […]
Bitcoin: USD/BTC (BTC=X) bears have gained an upper hand in the last 24 hours Bitcoin is down again, but some observers believe the losses could be reversed after a U.S. interest rate cut expected Wednesday. The leading cryptocurrency by market value fell to lows below $10,100 yesterday, marking a downside break of the narrowing price […]
Bitcoin: USD/BTC (BTC=X) consolidation may end up with bullish breakout Bitcoin’s latest bout of consolidation may end up with bullish breakout, as a key metric of miner confidence has hit all-time highs. The top cryptocurrency by market value has clocked lower daily highs and higher daily lows over the last three days and is currently […]
Bitcoin: USD/BTC (BTC=X) price stumbles as its average transaction size and fee fall too Bitcoin is down about 0.3% from the previous day, putting its price at $10,341.21 US dollars at the time of this writing. The down day for Bitcoin yesterday was a reversal from the day before it. Price now stands at 1.77% […]
Bitcoin: USD/BTC (BTC=X) price breaks to $10300 Bitcoin (BTC) is not the king of cryptocurrencies without any reasons. Bitcoin price has finally broken through the downward wedge triangles and is now headed towards new highs. In the past twenty-four hours (24hrs) Bitcoin price has seen the high point of ten thousand four hundred and sixty-one […]
Bitcoin: USD/BTC (BTC=X) volatility reached the lowest level in over four months Bitcoin volatility reached the lowest level in over four months. Bitcoin has been suffering due to relative stagnation over the past weeks, and the measure of volatility went down to its lowest in nearly four months. The 30-day volatility of the digital currency […]
Bitcoin: USD/BTC (BTC=X) to Fall Due to Triangle? Over the past few weeks, traders have come to the realization that Bitcoin (BTC) is trading in a clear “descending triangle” pattern. For those unaware, a descending triangle is a bearish chart pattern that is marked by lower highs and multiple bottoms at the same level, coupled with ever-decreasing […]
Bitcoin: USD/BTC (BTC=X) struggling to continue above $10,500 In the past few sessions, bitcoin price remained in a bearish zone below $10,600 against the US Dollar. The decline was such that the BTC/USD pair broke the $10,200 support area as well. Moreover, the price spiked below the $10,100 level. A new swing low was formed near the […]
Bitcoin: USD/BTC (BTC=X) Addresses Increasing Over the past two years the number of BTC addresses has surged indicating that the asset is undergoing greater adoption. The largest gain is the number of addresses with less than a million satoshis which also suggests a more even distribution that is not just a few whales or large […]
$BTC, $BTCUSD Bitcoin (BTC) has once again broken above the $10,000 resistance this week, marked $10,411 and faded. The cryptocurrency has been on a gradual uptrend since early Monday and has posted gains of 2.77% in the last 24 hours. Bitcoin is currently leading the Top 10 coins in terms of 24-hour growth, narrowly edging out […]
$BTC, $BTCUSD The bitcoin market has been consolidating for several weeks and the volume and price volatilities are coming to a head. The price is beginning to narrow between heavy resistance and macro support and soon either the Bulls or the Bears will give way. As we draw near the monthly candle close, we can […]
$BTC, $BTCUSD Online criminals hawking lethal substances like fentanyl are demanding payments in Bitcoin, Bitcoin Cash, Ethereum and Monero, according to a new White House report. The report, intended to raise awareness about the fentanyl crisis, describes cryptocurrencies as one of the “predominant funding mechanisms associated with fentanyl trafficking.” Cryptocurrencies apparently feature heavily in the 2 main […]
$GLD, $XAU, $BTC, $USD Investment guru, Mark Mobius, gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. “Gold’s long-term prospect is up, up and up, and the reason why […]
Hxro, the crypto games platform that brings together digital currency trading with skill-based social gaming, is excited to announce that users can now play Moon/Rekt in Bitcoin. Today’s launch comes in direct response to user demand and is a natural evolution of the Hxro platform. Bitcoin traders and HODLers can now play a version of […]
Over the last few years, the acquisition of a Lamborghini has become synonymous with the pinnacle of success of the aspiring cryptocurrency enthusiast. Owning a Lamborghini has become the be-all and end-all for crypto millionaires, even spawning the renowned ‘When Lambo’ meme. This was most evident recently at the Coindesk 2018 Consensus Conference, where a selection […]
Bitcoin: USD/BTC (BTC=X) Sees Minor Uptick Bitcoin (BTC) price climbed back above the $10,000 mark again while the top 20 are seeing mostly red on Aug. 1. Bitcoin price is currently up by 1.06% on the day, trading at around $10,034 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about […]
Bitcoin: USD/BTC (BTC=X) The Unstoppable Force Bitcoin and crypto are finally entering the mainstream political discourse. The launch of Facebook’s Libra lit somewhat a fire under the rear of politicians the world over, mandating them, along with other economic and social commentators, to address the issues that the Silicon Valley-backed cryptocurrency could bring. Anti-Crypto Stance If you have […]
Bitcoin: USD/BTC (BTC=X) Crypto Criminals Fall Like Dominoes Following US Regulatory Push Suspicions began to arise that heavy-handed regulation from the United States might be on the way the moment crypto exchange Binance announced it would be barring US-based crypto investors from using its flagship website in favor of ushering them to a US-based platform sans many […]
Bitcoin: USD/BTC (BTC=X) forming a higher low pattern from July 24 lows Bitcoin Cash is the generally bearish market a nice shed of green today. Besides, BCH the other cryptos subtly in the green are Bitcoin and Monero. With a relative change of +2.57, the price is up 0.87% on Tuesday. It opened the session […]
Bitcoin: USD/BTC (BTC=X) one step away from testing $6,700 as support Bitcoin is one step away from testing $6,700 as support, according to prominent analyst DonAlt. The crypto trader on Monday measured the current bitcoin bias on a three-day timeframe, believing it gave better clarity about the cryptocurrency’s expected price behavior. He noted that bitcoin earlier […]
Bitcoin: USD/BTC (BTC=X) considered bearish in the immediate short-term BTC can be considered bearish in the immediate short-term as long as prices are trending below the 50-period MA. The cryptocurrency is now into its sixth day of consolidation below that key line and, the longer prices continue to trend at these levels, the greater the […]
Bitcoin: USD/BTC (BTC=X) price plunges towards the mid-term ascending trend line The 6% quick drop in Bitcoin’s price has made the market to record a 24-hour low of $9296 on Bitfinex after trading around the $10200 early yesterday. Meanwhile, the bear surge has now positioned the market in a squeeze, causing the market to remain […]
Bitcoin: USD/BTC (BTC=X) recorded a straight fall after rising above $10,000 Bitcoin price movement has a massive impact on the values of a lot of other cryptocurrencies and its sudden fall to trade below $9,500 yesterday has started a wave of slow & bearish trends in the crypto market. The performance of the BTC in this […]
Bitcoin: USD/BTC (BTC=X) recovery to above $10,000, but the outlook remains bearish with the lower-highs pattern intact Bitcoin is back above $10,000, but the technical charts indicate a bull revival is still $1,000 away. The premier cryptocurrency by market value is currently trading at $10,150 on Bitstamp, having hit a low of $9,514 yesterday. This […]
United States Treasury Secretary Steven Mnuchin voiced new bearish views on Bitcoin: USD/BTC (BTC=X) United States Treasury Secretary Steven Mnuchin voiced new bearish views on Bitcoin today, saying that he probably will not be talking about the number one cryptocurrency in as soon as five years. In an interview with “Squawk Box” CNBC on July 24, Mnuchin […]
Bitcoin: USD/BTC (BTC=X) Dominance Drops Off After Bitcoin Rally Begins to Correct BTC dominance has steadily grown since the massive $1,000 green candle that happened back in April, sending Bitcoin on a parabolic rally that has taken the entire world by storm. But before Bitcoin could reach a new all-time high, its parabolic rally is […]
Altcoins see more losses and fewer gains than Bitcoin: USD/BTC (BTC=X) Bitcoin has seen two peaks (one at $13,800, another one at $13,000) before two sharp corrections, altcoins have seen less upside movements and far more losses. While Bitcoin has reportedly lost about 2% of its value, Ethereum (ETH) has seen a 28% decrease, Litecoin […]
Bitcoin: USD/BTC (BTC=X) Dips Below $10,000 as BTC’s Bears Incur Significant Strength At the time of writing, Bitcoin is trading down nearly 4% at its current price of $9,950, which is down significantly from its daily highs of nearly $10,400. This bout of negative price action was first sparked last week when BTC sharply moved up to highs of […]
Bitcoin: USD/BTC (BTC=X) bearish volume divergence indicates prices could fall back to the July 17 low of $9,049 Bitcoin (BTC) fell below key support above $10,000 earlier today and could suffer a deeper drop, according to price and volume analysis. The top cryptocurrency by market value violated a trendline representing the recent four-month bull run […]
Bitcoin: USD/BTC (BTC=X) bounces off its 50-day moving average Bitcoin (BTC) ended its longest losing streak in seven months over the weekend, but the outlook still remains bearish. The top cryptocurrency by market capitalization eked out 10.83 percent gains in the three days to July 20, confirming a green candle on the three-day chart. The […]
Bitcoin: USD/BTC (BTC=X) could experience more pain with a possible drop below the $10,000 level Bitcoin’s 10 percent price surge on July 18 has put an end to its longest losing streak in 2019. However, the bulls have to remain cautiously optimistic given that it is highly likely that they will once again face the four-digit reality. A painful […]
Altseason Unlikely Until Late-2019; Bitcoin: USD/BTC (BTC=X) to Outperform For months now, investors on “Crypto Twitter” have been screaming for an altseason. After all, that’s where many traders made their money in 2017’s mania. According to Adaptive Fund’s Willy Woo, however, investors shouldn’t be holding their breath for altcoins to outperform. In a recent three-part thread, […]
Bitcoin: USD/BTC (BTC=X) reporting double-digit gains Bitcoin surged $1,000 in just 30 minutes during U.S. trading hours Thursday, a move that found the leading cryptocurrency rising from $9,335 to a high of $10,400, based on Bitstamp data. The sudden rally could be associated with the massive unwinding of short BTC/USD positions (profit taking) seen in 30 […]
Bitcoin: USD/BTC (BTC=X) support at $7,500 History is known to repeat itself in financial markets and the bitcoin market is no exception. The top cryptocurrency now appear to have bottomed out in December 2018 – i.e. a year and a half ahead of the mining reward halving due in May 2020 (reminding the crypto community […]
Bitcoin: USD/BTC (BTC=X) Down 26.6% in 7 Days Since July 10, the price of Bitcoin (BTC) has fallen from $13,200 to $9,684, with major cryptocurrency exchanges, including Coinbase, recording a 26.6% drop within a period of seven days. The recent pullback of Bitcoin is widely believed to be a technical factor that was pushed by sellers who […]
$BTC, $BTCUSD, $FB FLASH: The cryptocurrency market got hammered Tuesday with Bitcoin losing over 10% in value after US lawmakers grilled Facebook (FB) on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. Facebook is fighting to get Washington onside after it shocked regulators and lawmakers with its announcement on 18 June […]
$BTC, $BTCUSD, $FB FLASH: Bitcoin (BTC) was on life support 6 months ago, with prices at about 20% of their record highs, disappointing the world of cryptocurrency enthusiasts who had grown use to extreme moves North and South in the virtual currency. Then last week’s Asia Blockchain Summit in Taipei highlighted how volatility is back, […]
$BTC, $BTCUSD, $FB, $GOOGL, $TWTR President Trump has criticized Bitcoin, Facebook’s proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global regulations if they wanted to “become a bank.” “I am not a fan of Bitcoin and other Cryptocurrencies, which are not […]
Bitcoin: USD/BTC (BTC=X) price indicator is about to turn bullish A bitcoin price indicator is about to turn bullish for the first time since the early stages of the 2016-17 bull market. The 50-candle moving average (MA) on bitcoin’s three-day chart is in a solid upward trajectory and looks set to cross above the 200-candle […]
Bitcoin: USD/BTC (BTC=X) declined sharply, losing close to 8% in less than two hours Bitcoin declined sharply today, losing close to 8% in less than two hours. The world’s most prominent cryptocurrency fell to as little as $12,138.37 shortly after 11:00 EDT, a roughly 7.9% drop from its intra-day high of $13,175.69 reached at roughly 09:30 EDT, CoinDesk data shows. […]
$FB, $BTC, $BTCUSD FLASH: Fed Chairman’s comments on Libra hammers Bitcoin price Wednesday, Fed Chairman Powell said that Facebook’s (NASDAQ:FB) plan to build a digital currency called Libra “cannot go forward” until serious concerns are addressed, comments that pressured the project and hammered the price of Bitcoin (BTC). The strong comments from the most powerful […]
$BTC, $BTCUSD FLASH: Bitcoin (BTC) Not a Game for Casual Players Financial markets experts agree that fast run-up in prices is a bubble. And the Big Q is always when/not if, its price will crash, and the effect of a crash? The Financial Stability Oversight Commission recently came out with a report listing challenges to financial stability, […]
Bitcoin: USD/BTC (BTC=X) violation of recent bearish lower highs with a move above $12,061 has opened the doors for a retest of $13,880 Bitcoin’s break above a key price hurdle looks to have set the tone for a retest of recent highs above $13,800. The top cryptocurrency bu market cap printed a UTC close above […]
Bitcoin: USD/BTC (BTC=X) Shorters Lose $44 Million in One Morning Bitcoin price (BTC) reached $12,000 on some exchanges on July 8 after a fresh uptick saw daily gains top another 6%. Data showed BTC/USD just hit its latest significant psychological level in trading at press time, having begun the day below $11,500. On major exchanges, USD spreads […]
Bitcoin: USD/BTC (BTC=X) Needs to Break $11,600 Even since Bitcoin (BTC) hit $13,800 to then retrace by $4,000, the cryptocurrency market has slowed. Don’t get me wrong, volatility is still rife in this market, but BTC’s range is starting to tighten. As of the time of writing this, Bitcoin sits at $11,200, down around 2% in the […]
Bitcoin: USD/BTC (BTC=X) Institutional Investors Are Officially Entering the Cryptocurrency Market Now that institutional investors are buying up Bitcoin, what will it mean for the cryptocurrency market? Much of the early draw to cryptocurrencies was the high “crypto” appeal. No governments back cryptocurrencies. Cryptocurrencies aren’t standardised against any material commodity. Institutional investors like banks and […]
$BTCUSD, $BTC FLASH: Bitcoin spiked Wednesday in a 2nd day of gainser, prompting speculation that the recent correction may have run its course. Bitcoin jumped 6.75% to $11,272.4 on the Investing.com Index by 12:38 PM EDT (16:38 GMT). Currently, Bitcoin is trading at: 11,241.9805+85.39 (+0.7654%),as of 3:12a BST, the market is open. The typically volatile […]
