After the recent cryptocurrency market correction, Bitcoin and Ethereum both rebounded sharply. Most cryptocurrencies only registered single-digit percent losses, with some seeing bullish momentum. At the time of writing, Bitcoin price continuously shows strong support at $48,000 as it attempts to breach the $50,000 level once again. The recent crypto […]
Tag: bitcoin price
Bulls vs Bears Opinions About Bitcoin Price After The Halving
Bitcoin halving is approaching, and it is less than a few days away, now. Considering that this will easily be the largest crypto-related event this year, and one of the largest ones in Bitcoin’s history, a lot of changes are expected to follow. Now, depending on who you ask, those […]
Institutional Traders Caused the Bitcoin Price Drop, Chainalysis Claims
There are still many theories floating around as to what triggered the recent Bitcoin price drop. It now seems that the reason for this behavior is not what most people had anticipated. Not too many people favor companies such as Chainalysis. No one Wants Institutional Traders for Bitcoin Such companies […]
Despite Bitcoin Price Drop, Technicals Still Point To Bullish Environment
Bitcoin price recently formed a golden cross which has historically been very bullish. Despite the bullish indicator being triggered, Bitcoin has fallen sharply. The last 24HR BTC has dropped -5% and the last 7 days, Bitcoin price has sold-off nearly -7%. Why could the sell-off be considered normal price action? […]
The Bitcoin Price in Iran Isn’t Even Close to $24,000 Despite Reports Claiming Otherwise
There are some interesting bitcoin-related rumors out there. Recent tensions in Iran have caused a fair amount of information to be wrongfully interpreted. Social unrest can often trigger a local bitcoin price increase. Bitcoin Isn’t Mooning in Iran Following the incidents affecting Iran and Iraq, one would expect citizens to […]
Chainalysis Worries Over PlusToken Scammers Driving the Bitcoin Price Down
It has been a while since an update on the PlusToken scam was provided. According to Chainalysis, this may be the reason why the Bitcoin price is dropping hard. It is evident that PlusToken has caused a lot of damage. PlusToken is on the Radar of Chainalysis Not only did […]
Bakkt Futures Launch is a Bust and Bitcoin Drops Below $10,000
Despite being met with a lot of enthusiasm and hype, it appears the overall interest in Bakkt and its products is simply not there right now. Very weak trading volume over the first 24 hours shows investors and speculators simply aren’t waiting for this type of trading vehicle. As a […]
Bitcoin Price Surge Only Delays Altcoin Season Even Further
In the cryptocurrency world, there are a lot of eyes on Bitcoin’s value at all times. The world’s leading cryptocurrency dictates the pace for all other markets, either for better or worse. This week is off to a good start in that regard, as it seems the price is moving […]
Bitcoin Price Watch: Trump Could Push Currency Further
At press time, bitcoin is trading for just shy of $10,900. While this is significantly lower than where it stood during our previous price article (almost $1,000 lower), its current price reflects something very important about the coin we’ll grown to respect and love. Bitcoin Takes a Hit from President […]
4 Entertaining Bitcoin Price Predictions for This Week
It is rather easy to see how the current cryptocurrency market trend is not necessarily heading in the direction traders and speculators want to see. Despite the Bitcoin price showing bullish signs these past few days, it now seems all of that positive momentum has disappeared once again. The following […]
Bitcoin Price Watch: Bull Rally Is Likely to Continue
At press time, bitcoin is trading for about $11,872. While this is not quite as high as where bitcoin has traded over the past few weeks, it’s still in a stronger position when compared with our previous price analysis. Bitcoin Could Be Headed for Bigger Things Bitcoin has been relatively […]
Bitcoin Price Prediction And Analysis For July 6th – Correction Of The BTC Is Almost Over
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex At the end of the first week of July the Bitcoin has stabilized, trading at $11,194.00. On H4 the quotations of the Bitcoin (BTCUSD) have dropped which is nothing but a correction after a long-term growth. The descending correction wave has reached 38.2% […]
Bitcoin Price Watch: Currency Is Down for the Count
At press time, bitcoin is still up for the most part, but down compared to where it has been over the past week. Currently, bitcoin’s price is just over $10,100, which is down from where it was this morning at $10,300, and it seems to be falling by $100 or […]
Bitcoin Approaches $13,000 as It Gains $3,600 in Just a Week
The euphoric season is back with a bang. Bitcoin is sailing, setting new records and giving the industry hope that the dark times are behind us now. The currency is trading at $12,365, gaining $1,400 in the past 24 hours, an incredible 11 percent gain. The trading volume is also […]
Bitcoin Price Watch: Currency Strikes a Big Chord in 2019
At press time, the father of cryptocurrency is trading for over $11,000, meaning bitcoin has struck a new milestone for 2019. Bitcoin Continues Exploding in Price This is huge news considering where the currency stood at around this time last year. During the summer of 2018, bitcoin was “settling in” […]
Bitcoin Price Watch: Currency Hits $9,000, Then Falls Again
At press time, bitcoin – the granddaddy of all cryptocurrency – is trading for over $8,800. This is miles better than where it stood during our previous price article, but it’s disappointing that early on Sunday morning, the cryptocurrency was trading for over $9,300. Thus, a $500 drop has seemingly […]
Bitcoin Price Watch: Price Is Down, but Analysts Say Stay Calm
At press time, bitcoin is down for the count and trading for roughly $7,600. This is a big step backwards for the asset, which during our previous price piece was trading at nearly $1,000 more. However, analysts are warning enthusiasts and traders to “keep their cool,” and say that further […]
Bitcoin Price Isn’t Done Dropping as Support Levels Remain Unclear
It was somewhat to be expected the current cryptocurrency market trend would make a lot of traders unhappy. As Bitcoin continues to show severely bearish signs, the rest of the markets are getting battered as well. It seems unlikely the Bitcoin price will reach $9.000 again in the near future, […]