There are always people looking at the current price trend of Bitcoin and other cryptocurrencies. As all markets continue to lose value, it would seem there is no real reason to buy Bitcoin right now. At the same time, opportunities like these do not come around all that often. With […]
Tag: bitcoin
Bitcoin Price Watch: Bitcoin’s Price Fell in 2018, but Its Respect Seemed to Grow
At press time, the father of cryptocurrency has seemingly recovered by a small margin and is now trading for just over $3,400. This is about $100 more than where it was during our previous price article. The cryptocurrency market seems to be moving sideways at the time of writing. We […]
Bitcoin Recovers $3,500 As Weiss Ratings Reveals This Is The Best Time To Invest
Bitcoin has recovered its $3,500 support level after seeing slight losses to trade just above $3,400. In the past 24 hours, the currency has gained a modest 1.76 percent to trade at $3,500 on most major markets. On Bitfinex, the currency was trading at $3,538 at press time. Most of […]
A Recession Is Looming – Will Bitcoin Capitalize or Collapse Too?
We continue to think the US will not fall into recession the minute the new year clock strikes one, but the sentiment is growing by leaps and bounds that 2019 is going to be awful for the US–economy unless something comes along to reverse the trend–and recession is well-night certain for 2020 […]
Bitcoin Price Watch: We’re Not Quite Done Bottoming Out
At press time, bitcoin is trading for just over $3,300, meaning there’s no change since our previous price article. At least we can be grateful that bitcoin, albeit temporarily, is exhibiting enough strength to withstand any further needs to drop lower. Bitcoin is now being subjected to mass speculation. Rather, […]
Red Wave Strikes as Binance CEO Thinks Jeff Bezos Might Catalyze Next Bull Run
The crypto market has experienced a red wave in the past 24 hours, with Bitcoin shedding some of yesterday’s gains to trade just above $3,500. The crypto king had soared to $3,680 yesterday on the back of a surprisingly positive Sunday trading session, but it has since regressed, albeit slightly. […]
Bitcoin Price Watch: Currency Stands Below Present Resistance Levels
At press time, bitcoin is trading for a little over $3,600 according to popular exchange Bitfinex. Depending on which exchange data you look at, the father of crypto is trading for anywhere between $3,500 and $3,700, meaning bitcoin presently has a trading range of roughly $200. It’s an ugly situation […]
Bitcoin Shoots to $3,680 as It Seems to Have Found Its Bottom
It’s green again! Bitcoin has recovered and is performing strongly, gaining 6.3 percent in the past 24 hours. The currency hit $3,680 earlier today, a level it last hit on Thursday. At press time, the currency was trading at $3,636 according to data from CoinMarketCap. In some markets such as […]
Bitcoin Price Watch: Hope for a Bitcoin ETF Is Starting to Vanish
At press time, bitcoin is trading for just over $3,800. This is no different from where it was during out last price piece, suggesting that the currency may be settling down for the time being. However, we are witnessing bitcoin as it stands at a 15-month low. While the currency […]
Bitcoin Sets a New Yearly Low, Looks Set to Test $3,000 Very Soon
Bitcoin is down 10 percent in the past 24 hours and has set a new low for the year. The currency has been struggling to stay above $4,000, but it looks like the bears have the upper hand, at least in the short term. The currency slumped below $3,400 on […]
Bitcoin Falls below $3,600 As Onslaught by Mainstream Media Continues
Bitcoin has once again failed to sustain its price at the crucial $4,000 level, shedding close to 10 percent in just a day to fall below $3,600 level on some key markets. The currency was trading at $3,660 at press time, but on some markets such as the dominant BitMEX, […]
Bitcoin Price Watch: Mining Has Become a Profitless Business
At press time, the father of cryptocurrency is trading for just over $3,800. This is about $100 less than where it stood during our previous price article, and it is unlikely bitcoin will undergo another price rally anytime soon. Bitcoin has fallen so badly that many cryptocurrency mining companies are […]
Bitcoin Reclaims $4,000 as Expert Claims It Will Surpass $20,000 by End of 2019
Bitcoin has fought to trade above $4,000 in December and for the most part, it has succeeded. However, the very crucial support level was breached yesterday as the currency lost 5 percent to drop to $3,830. However, it has since recovered to trade above $4,000. The support level seems quite […]
Bitcoin Price Watch: Currency Again Slinks Below $4,000
At press time, bitcoin is off to a poor start in December having slunk down below the $4,000 line once again. Presently, the father of crypto is trading for just over $3,800, marking a nasty $300 fall since our previous price piece. The situation is giving rise to many questions: […]
Bitcoin Maintains Its Stellar Start in December, Stays Above $4,150
After having its worst month in seven years, Bitcoin has kicked off December with resilience and resolve. The currency began the month trading just below $4,000 but it quickly shot up to claim the level and hasn’t looked back since. At press time, Bitcoin was trading at $4,150. The currency […]
Markets Slide as Speculators Prepare for December
It seemed like an eternity, but November has finally concluded, thus ending the worse month in the past seven years for Bitcoin. After November woes typically comes an exciting December. Last year, after dipping to local lows in November of US$6,000, Bitcoin saw an explosive rally to its all-time high […]
Bitcoin Price Watch: Analyst Says It Will Be a Long Time Before Bitcoin Recovers
Bitcoin has fallen by roughly $200 since our last price piece, but the father of crypto is still managing to retain a position in the $4,000 range. Overall, it’s been something of a mixed time for bitcoin. The currency shot up to $4,300 earlier in the week after it had […]
Bitcoin Price Watch: Price Reversal Sees Bitcoin Back at $4,300
At press time, the father of cryptocurrency has spiked to roughly $4,300. This is a $700 rise from last week’s bloodbath that saw bitcoin trading for roughly $3,600 at Thanksgiving time. It was an ugly period that many of us don’t wish to repeat, but are analysts bullish about the […]