BITCOIN PRICE: 889.03     HIGH: 898.00     LOW: 852.00

=
BTCManager.com
advertisement

#TRENDING STORIES

Next Event

London Blockchain Week • January 20-26, 2017

London Blockchain Week kicks off with a Hackathon, followed by a two-day conference on Bitcoin, Blockchain and Distributed Ledger Technology…

Click for more details
advertisement
Jamie Holmes

About author: Jamie Holmes

Jamie is an economist, writer and crypto-currency enthusiast. He has obtained a Masters degree in Economics and Econometrics from the University of Nottingham and his research interests are forecasting, industrial organization and economic development. Experienced in trading Forex and Crypto-currency markets, Jamie provides commentary on the markets utilising Japanese charting methods and fractals analysis.

BTCManager's Weekly Cryptocurrency Market Outlook January 17

Category: Price pages, Weekly Report

BTCManager's Weekly Cryptocurrency Market Outlook January 17

Every week, BTCManager provides a cryptocurrency market outlook, highlighting the best opportunities in the largest cryptocurrencies, such as bitcoin, ether, and others. BTC-USD (Bitstamp) The weekly outlook for bitcoin is shown below and the market is gearing up to test $890.00, a key support now turned resistance. A break above $890.00 will see the market test the next resistance at...

READ MORE

China's Volume Drops: BTCManager's Week in Review January 16

Category: News, News Digest

China's Volume Drops: BTCManager's Week in Review January 16

The largest story in the past week has been the news out of China, with exchanges retracting margin trading, significantly reducing global volumes and leading to more stability in the price of bitcoin, holding ground above $800. As shown below, volumes are down 80 percent since the PBOC news broke. While Bitcoin’s market capitalization was at all-time highs not too...

READ MORE

Research Finds Innovation Potential as Main Driver of Cryptocurrency Returns

Category: Altcoins, Bitcoin, Finance, News

Research Finds Innovation Potential as Main Driver of Cryptocurrency Returns

With interest in Bitcoin growing, cryptocurrencies are identified as lucrative investment opportunities and are researched as some kind of financial asset or commodity. The Winklevoss ETF looks to bring bitcoin to a wider investment audience and the German fund Acatis have stated how the cryptocurrency acts as a hedge against uncertainty, similar to a commodity such as gold. While cryptocurrencies...

READ MORE

How to Buy and Sell Bitcoin in the UK and EU

Category: Bitcoin, Commentary, News, Trading Strategies

How to Buy and Sell Bitcoin in the UK and EU

With Bitcoin’s popularity rising amidst mainstream media coverage, those new to the cryptocurrency scene have little knowledge of how to acquire and sell this digital asset. In an attempt to help newcomers to the ecosystem, BTCManager has prepared this guide outlining the choices you have when buying or selling bitcoin. First, you will need a bitcoin wallet, whether it be...

READ MORE

China's Central Bank Continues to Probe Bitcoin Exchanges

Category: Bitcoin, Commentary, News, Regulation

China's Central Bank Continues to Probe Bitcoin Exchanges

China’s central announced the launch of ongoing spot checks on Chinese bitcoin exchanges on January 11, forcing the price of bitcoin down even further, trading just below $790 at the time of writing. While there has been no statement made that the appropriate regulations are not being adhered to, the People’s Bank of China (PBOC) said its probe was to...

READ MORE

advertisement

Needham & Co: Bitcoin ETF's Impact on Price Understated

Category: Bitcoin, News

Needham & Co: Bitcoin ETF's Impact on Price Understated

A research note from Needham & Co., who successfully predicted the rise of BTC-USD to their target of $848, dated January 10 states that if a Bitcoin ETF is approved, it could see up to $300 million in new assets in the opening week. Impact of ETF on Bitcoin Price 'Underappreciated' The Winklevoss bitcoin ETF is due to see a...

READ MORE

Markets Cool Off: BTCManager's Week in Review January 9

Category: News, News Digest

Markets Cool Off: BTCManager's Week in Review January 9

In what was an unusually volatile week for bitcoin, China spooked the markets, with BTC-USD hitting a fresh low of $880. However, the crucial support level at $890.65 has held, suggesting the uptrend remains in place. Resistance will be encountered at $944.20 and a break of this level should open up another shot at $1000. On the other hand, a...

READ MORE

Altcoins Experience Tailcoat Effect on Bitcoin Rally

Category: Altcoins, Bitcoin, Commentary, News

Altcoins Experience Tailcoat Effect on Bitcoin Rally

Bitcoin’s rally has thrown up some interesting results on January 4, with altcoins surging and following Bitcoin higher with a tailcoat effect. Cryptocurrencies such as Dash, Monero, Ethereum, Ethereum Classic, Counterparty, and Factoids displayed impressive gains, with most appreciating more than 10 percent on the day. Usually while as bitcoin rallies, altcoins experience losses, as most are paired with bitcoin...

READ MORE

Bitcoin Price Treading Water Above $1000, Where Next?

Category: Bitcoin, News, Price Analysis, Price pages

Bitcoin Price Treading Water Above $1000, Where Next?

For the first time in three years, BTC-USD has broken the psychological $1000 barrier, reaching our target of $991.35. The ongoing uptrend continues, with another resistance at $1335.20, the next Fibonacci extension level is shown below. However, from our December 13 report 'Why Bitcoin will peak at the end of January 2017,' we see that the market has now made...

READ MORE

BTCMANAGER’s Year in Review: 2016

Category: Altcoins, Bitcoin, Ethereum, News, News Digest

BTCMANAGER’s Year in Review: 2016

In what has been one of the strongest years for Blockchain technology and the growth of Bitcoin, BTCManager looks back at 2016 in our Year in Review. Here we highlight the stories brought to you by us that defined the evolution of Bitcoin and cryptocurrency in general over the past year. January: Mike Hearn Quits after Classic’s Attempt to Hard...

READ MORE