Bitcoin continues to break new all time highs for 2019 day after day, currently trading at $5,929 and inching closer to the $6,000 resistance level. As discussed in our previous Bitcoin price analysis article, BTC/USD is starting to follow the same pattern as the stock markets which could signal that […]
Tag: Dow Jones
Bitcoin Resumes Its Bullish Run, Ethereum Rallies Even Harder
After hitting a new ATH for 2019 on May 3rd, Bitcoin is back at it setting a new all time high trading at $5933 on Coinbase. The recent price hike comes amid Donald Trump’s tweets revealing a potential tariff increase on Chinese goods causing the stock market to flash crash. […]
Bitcoin Price Watch: Arthur Hayes Says Currency Will Take a Downward Leap
At press time, the father of cryptocurrency has moved back up to the $6,400 range. This is a welcome change from its recent slow to $6,300 and presents a few interesting scenarios up ahead. For one thing, we know that bitcoin could potentially be recuperating from its recent $200 drop. […]
Bitcoin Price Watch: Will the Currency Repeat Its Previous Behavior?
At press time, the father of crypto has shot back up to $6,300 after falling to its lowest point in weeks. Recently, bitcoin was traversing the $6,200 range after sitting at $6,400 for some time. No one expected the currency to move all that much considering volatility has been at […]
Bitcoin Price Watch: Low Volatility Separates Bitcoin from Other Assets
At press time, bitcoin is still trading in the $6,400 range. Nothing’s changing for everybody’s favorite form of crypto; it’s been trapped in this range for roughly two weeks, and it’s likely to stay here for a while. One source claims that a sell-off occurred late last week, and interestingly, […]