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 […]
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. […]
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) plunged Tuesday below $10,000, cratering from a 17-month high hit just four sessions ago The world’s most widely traded cryptocurrency dropped to a low of about $9,676 on Tuesday, a roughly $3,800 drop from its highs on Wednesday, according to Coindesk. Bitcoin started its free fall on Thursday, plunging nearly $3,000 as […]
Bitcoin: USD/BTC (BTC=X) Briefly Drops Below $10,000, But Altcoins Hold Strong Against BTC At the time of writing, Bitcoin is trading down nearly 8% at its current price of $10,300, but is up slightly from its daily lows, as its price briefly dipped into the upper-$9,000 region before quickly being pushed higher. While zooming out and looking at BTC […]
Bitcoin: USD/BTC (BTC=X) Plummets Below $11,000… Again… At the time of writing, Bitcoin is trading down nearly 8% at its current price of $10,960, which is down significantly from its daily highs of $12,200 that were set yesterday. While looking at Bitcoin’s weekly price action, it is clear that BTC is once again nearing a region of historical support that must […]
Bitcoin: USD/BTC (BTC=X) Plummets 23% From Daily Highs After incurring a massive influx of buying pressure that sent Bitcoin (BTC) to nearly $14,000 yesterday, the cryptocurrency has plummeted lower and is now struggling to find support in the upper-$10,000 region. This massive volatility has led many investors to question whether or not $13,800 was a […]
Coinbase Hit With Outage As Bitcoin Price Bitcoin: USD/BTC (BTC=X) Drops Crypto exchange Coinbase experienced a brief outage Wednesday afternoon, with both its website and API rendered temporarily inaccessible, as the price of bitcoin dropped more than $1,700 in the span of 15 minutes. According to Coinbase’s status page, the exchange reported major outages across […]
Bitcoin: USD/BTC (BTC=X) new target along the $12,0000 psychological price tag Bitcoin has done it again, hitting a new 2019 high above $12,000 before retracing slightly. At 21:00 UTC on June 25, the world’s largest cryptocurrency by market capitalization broke from sideways trading after being held beneath $11,400 for over 11 hours. However, perhaps most […]
Will Bitcoin: USD/BTC (BTC=X) keep rising? BITCOIN (BTC) has today surged above $11,000 (£8,631), hitting its highest level since March last year. So what has triggered the bitcoin price boom? Bitcoin prices have more than tripled since the start of the year, rising sharply amid strong sentiment and bullish momentum. The flagship cryptocurrency is currently valued […]
Bitcoin: USD/BTC (BTC=X) Fresh 2019 Highs Bitcoin has broken yet another 2019 record, reaching as high as $11,304, before conceding a short-term period of profit taking. The move to another 2019 high comes after bitcoin’s price dropped to as low as $10,416 on June 23 before another surge of buying pressure pushed prices back above $10,750 […]
Bitcoin: USD/BTC (BTC=X) currently climbing higher and it is likely to break the key $10,000 Bitcoin price is up more than 5% and it broke the key $9,500 and $9,700 levels against the US Dollar. BTC is likely to accelerate gains above $10,000 and $10,500 in the near term. Bitcoin Price Analysis Yesterday, we discussed […]
Bitcoin: USD/BTC (BTC=X) may face resistance at the key Fibonacci retracement level of $9,642 Bitcoin’s (BTC) price closed on a negative note on Tuesday, snapping the longest daily winning streak in 11 months. The leading cryptocurrency by market value fell 2.87 percent yesterday, having scored 2-5 percent gains in each of the preceding six days. […]
Bitcoin: USD/BTC (BTC=X) Looking Ahead Despite many investor’s laser-like focus on Bitcoin’s breathtaking rally, one currency that’s far outpacing Bitcoin and other cryptocurrencies is Litecoin, up about 340% this year as of today with a market value of $8.3 billion. The digital coin has grown at far more than double the pace of Bitcoin in […]
Bitcoin: USD/BTC (BTC=X) reaching its highest level in 13 months Bitcoin’s stunning spring continues: It soared past $9,300 Monday, reaching its highest level in 13 months. The cryptocurrency has risen 148% in 2019. Many investors are betting on more growth ahead. As JPMorgan (JPM), Fidelity and the New York Stock Exchange get into the cryptocurrency […]
Bitcoin: USD/BTC (BTC=X) has gained more than $5,000 since the start of 2019 The price of bitcoin crossed the $9,000 threshold Sunday for the first time in more than a year. Bitcoin BTCUSD, +2.15% peaked around $9,385 in intraday trading, according to Coindesk. The cryptocurrency slipped in the afternoon, and was last around the $9,100 level. The […]
Bitcoin: USD/BTC (BTC=X) incredibly unpredictable Bitcoin and cryptocurrency markets are highly volatile and, according to new research, incredibly unpredictable, appearing to move independently of most traditional or expected indicators. The bitcoin price, which has doubled so far this year after recording heavy losses throughout 2018, is hovering around $8,000 per bitcoin. Most other major cryptocurrencies, […]
Bitcoin: USD/BTC (BTC=X) market looks indecisive on further uptrend momentum This year is almost halfway over, and bitcoin is looking back on an exciting year in the price category. It rose from the doldrums, all the way up to arguable exuberance and parabolic action. Lately, bitcoin’s price has seen a bit of ranging activity as the market looks indecisive on […]
Bitcoin: USD/BTC (BTC=X) failed to hold the $8,000 price point Bitcoin (BTC) has failed to hold the $8,000 price point that it broke yesterday after seeing another dip below $7,900 before. At press time, bitcoin is trading at $7,878, down 0.82% over the past 24 hours, seeing a sufficient recovery from the intraday low of $7,778. The biggest cryptocurrency […]
Bitcoin: USD/BTC (BTC=X) price remained in a bearish zone Recently, bitcoin price started a major decline below $8,000 against the US Dollar. The BTC/USD pair declined heavily and broke the $7,800 and $7,600 support levels. The pair even broke the $7,800 level and the 100 hourly simple moving average. Finally, there was a break below […]
Bitcoin: USD/BTC (BTC=X) Price Drops Just as Gold Bull Breakout Begins Bitcoin price in recent days has started a long-overdue correction following a powerful multi-month, parabolic rally that took the price of the crypto asset from a trading range between $3,000 and $4,000, to local highs of over $9,000. But as the cryptocurrency dubbed as digital gold’s bullish […]
Bitcoin: USD/BTC (BTC=X) signs of overbought conditions and waning bullish momentum Bitcoin (BTC) is a decentralized digital currency created by Satoshi Nakamoto and released in 2009. The spot price has increased 177% from the low set in December 2018, but remains down 56% from the current all time high set in December 2017. The BTC […]
Bitcoin: USD/BTC (BTC=X) will likely be replaced by a new technology according to a prominent venture capitalist Bitcoin, now more than double the price it began 2019, has been rapidly rising this year after a disastrous 2018 which saw bitcoin and most other major cryptocurrencies lose around 80% of their value. The bitcoin price has been swinging […]
Chances Of Bitcoin: USD/BTC (BTC=X) Correction Growing According to a recent Twitter post from Josh Olszewicz, an analyst at Brave New Coin, Bitcoin’s one-day chart is starting to show signs that bears are starting to creep into the cryptocurrency scene. He explains that Bitcoin is currently trading in a rising wedge pattern, which if not broken […]
Bitcoin: USD/BTC (BTC=X) Down $500 in Minutes Bitcoin’s price peaked above $9,000 for the first time in over a year earlier today, but the rally was short lived as its price returned below $8,600 just minutes later. At 16:00 UTC, the world’s largest cryptocurrency jumped 4.6 percent from today’s UTC opening price of $8,681 and […]
Bitcoin: USD/BTC (BTC=X) Flipping Gold is Inevitable In recent weeks, as Bitcoin price skyrockets, interest in the crypto market has been revived once again. And with it, so has the “digital gold” moniker thanks to Grayscale Investments’ “Drop Gold, Buy Bitcoin” television marketing campaign. Gold is among the first ever transfers of value used across the globe […]
Overly Confident Bitcoin: USD/BTC (BTC=X) Investors Completely Miss Bitcoin Price Target As Bitcoin price inches closer to $10,000, the market is still showing signs of disbelief due to the speed and power at which Bitcoin rose out of the depths of the bear market. No one expected the crypto asset to spike so strongly following the longest bear market on […]
Bitcoin: USD/BTC (BTC=X) extended the best one-month rally since before the token’s historic surge in 2017 Bitcoin jumped as much as 10 per cent since Friday to almost breach $US9,000 as it extended the best one-month rally since before the token’s historic surge in 2017. The largest cryptocurrency climbed to be trading at $US8,785 at […]
Bitcoin: USD/BTC (BTC=X) set a new record for 2019, reaching as high as $8,905 Bitcoin’s price has set a new record for 2019, reaching as high as $8,905 before retracing slightly. At 19:00 UTC on May 26, the world’s largest cryptocurrency by market capitalization broke from an ascending triangle pattern on the daily chart, after […]
The Largest Financial Firms in the World Are Ready for The Next Bitcoin: USD/BTC (BTC=X) Bull Run The last crypto hype bubble was highly publicized and showed the world just a glimpse of what potential Bitcoin and the rest of the cryptocurrency industry means for the future of money and finance. The emerging financial technology garnered […]
Bitcoin: USD/BTC (BTC=X) Rally To Be Absurd The sky’s the limit — that’s what Bitcoin (BTC) enthusiasts want to desperately believe anyway. As the cryptocurrency market has finally broken out of its bear market shell, rallying by over 100% since the start of 2018, many are sure that “crypto winter” is over and the next […]
Bitcoin: USD/BTC (BTC=X) Drops to $7,800 After Surging Yesterday At the time of writing Bitcoin is trading down just over 1% at its current price of $7,830, down from 24-hour highs of nearly $8,300 that were set yesterday. The lower-$8,000 region has proven to be an area of resistance for the cryptocurrency, as it has tried, and […]
Bitcoin: USD/BTC (BTC=X) recent $8,000 break-out is massive for the cryptocurrency market\ Bitcoin and the recent $8,000 break-out is massive for the cryptocurrency market going forward. On the back of no major announcement in the past few days, and the pull-back of the previous week, the king coin won its second battle against the price […]
When Will Bitcoin: USD/BTC (BTC=X) Price Correct After Biggest Rally of 2019? Starting on April 2nd, 2019, Bitcoin took off on a rocket toward $5,000 and never looked back. Since then, the first ever cryptocurrency has revived the bull market by breaking back above $6,000 without a second thought, smashing through $7,000, and reaching above […]
Bitcoin: USD/BTC (BTC=X) new 2019 high for the biggest cryptocurrency Another day, another new high for the bitcoin price. Bitcoin is currently trading at nearly $8,300, which according to CoinMarketCap data is a new 2019 high for the biggest cryptocurrency. On Coinbase, the BTC price already attained $8,300 though it has pulled back slightly. While it’s […]
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 […]
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 […]
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) 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) 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) 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) 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, […]
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) 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) 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) 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) 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) 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 […]
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) 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 […]