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BITCOIN PRICE: 6,395.00     HIGH: 6,490.00     LOW: 6,350.00

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Category: Price Analysis

Bitcoin, Ether, XRP Weekly Market Update: September 27, 2018

Category: Altcoins, Bitcoin, Ethereum, Finance, News, Price Analysis

Bitcoin, Ether, XRP Weekly Market Update: September 27, 2018

BTC closed September 20, 2018, at $6,493 with substantial gains of approximately $100 and a third consecutive green candle on the daily chart. BTC-USD The U.S. Securities and Exchange Commission (SEC) stated on September 20 that it has begun a review process for the physically-backed bitcoin ETF proposed by VanEck and SolidX and will once again delay its decision in…

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Bitcoin, Ether, and XRP Weekly Market Update: September 21, 2018

Category: Altcoins, Bitcoin, Commentary, Ethereum, News, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update: September 21, 2018

BTC closed the day with a solid gain of more than $160 on September 13, touching the $6,500 level. Traders pushed the price even higher on September 14, but the biggest cryptocurrency could not keep the momentum and closed below the $6,500 mark (at $6,480). Trading volume was above $5 billion during the last two days of the workweek. BTC-USD…

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Bitcoin, Ether, and XRP Weekly Market Update

Category: Altcoins, Bitcoin, Ethereum, Finance, News, News Digest, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update

After a turbulent mid-week action, we saw BTC trading around the $6,400 level on September 7, 2018. The biggest cryptocurrency did, however, briefly achieve 55 percent of market dominance, its highest point since December 2017. BTC-USD The cryptocurrency market continued to demonstrate one of the steepest declines in the past three years. Even Goldman Sachs CFO Martin Chavez calling the…

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Bitcoin, Ether, and XRP Weekly Market Update

Category: Altcoins, Bitcoin, Commentary, Ethereum, Finance, News, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update

Bitcoin closed the day with a red candle on August 29, 2018, just above the $7,000 mark. The biggest cryptocurrency could not recover and dropped to $6,800 during the intraday trading session on August 30, before going back up to the $7,000 zone. BTC-USD The news that Yahoo Finance would be integrating support for trading bitcoin (BTC), litecoin (LTC), and…

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Bitcoin and Ethereum Market Recap August 23, 2018

Category: Bitcoin, Ethereum, News, Price Analysis

Bitcoin and Ethereum Market Recap August 23, 2018

BTC-USD BTC successfully crossed the $6,500 resistance line on August 17 and held it over the weekend. On Monday, however, the price dropped back down to the same old $6,300 to $6,500 price corridor. It looked like the bulls were not yet ready to cross the major overhead resistance and required additional consolidation before attempting another rush. BTC continued ranging…

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Bitcoin Price Hits its Lowest Level in May and Nears $7000

Category: Bitcoin, Commentary, News, Price Analysis

Bitcoin Price Hits its Lowest Level in May and Nears $7000

Bitcoin hit its lowest level so far in May 2018 near $7,000, establishing a new low for the fourth week in a row. The long-term outlook shows shifting momentum in favor of bears that could see a large decline toward the 2018 low and even new lows for the year. The Weekly Outlook for Bitcoin The weekly chart for BTC-USD…

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Bitcoin Eyes Another Attempt at $9,500 Following Largest One-day Volume for CBOE Futures

Category: Bitcoin, Commentary, Finance, News, Price Analysis

Bitcoin Eyes Another Attempt at $9,500 Following Largest One-day Volume for CBOE Futures

The price of bitcoin (BTC) briefly dropped below $9,000 on April 25 but regained the critical level on April 26. On April 27, BTC-USD reached a high of $9,387.82 on the Bitstamp exchange, rebounding from lows near $8,600 on April 26 after the CBOE experienced the largest daily volume for bitcoin futures. Two ‘Record Sessions’ into Bullish Run, Five to…

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Weak Resistance Near $9000 Suggests Bitcoin Will Break Psychological Level by April 24

Category: Bitcoin, Price Analysis

Weak Resistance Near $9000 Suggests Bitcoin Will Break Psychological Level by April 24

Bitcoin (BTC) has galvanized on recent gains, testing the $9,000 handle multiple times over the past 36 hours. The window of opportunity for bulls is short, but it looks likely we will see a major buy signal given by April 24 for BTC-USD. The daily chart below shows that BTC-USD’s trend change was confirmed on April 14, with the market…

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Bitcoin Price Breaks Through $7000, Surges $1000 in Under 60 Minutes

Category: Bitcoin, Commentary, News, Price Analysis

Bitcoin Price Breaks Through $7000, Surges $1000 in Under 60 Minutes

The price of bitcoin has displayed a massive surge on April 12, breaking through the $7000 barrier with ease and reaching a fresh high for the month of April at $8069.34. At the time of writing, bitcoin has been tempered to $7699.68 on the Bitstamp exchange. The 15-minute chart below shows how BTC-USD broke through $7000 and advanced more than…

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Monthly Close Below $7800 Means More Pain for Bitcoin Bulls

Category: Bitcoin, News, Price Analysis

Monthly Close Below $7800 Means More Pain for Bitcoin Bulls

Bitcoin has experienced a terrible first quarter in terms of price growth, down around 50 percent on 2018’s open. On March 29, the price slid below $7,500 revisiting lows from early March. With the price breaking below $7,799.96 on the Bitstamp exchange, the market is now devoid of any significant support until $5,920.72 (2018’s low) and $4,996.65 (23.6 percent Fibonacci…

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