#Price Analysis

Bitcoin, Ether, XRP Weekly Market Update: October 25, 2018

October 25, 2018 by Georgi Hristov at Altcoins, Bitcoin, Business, Exchange, News, Price Analysis, Regulation

BTC dropped $120 of its value and closed the trading day on October 18 at $6,615. The loss constituted its most significant one-day drop since October 11. BTC-USD On the same day, observers saw the Chicago Mercantile Exchange (CME) reporting significant growth in BTC Futures trading in Q3. The exchange...

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

September 27, 2018 by Georgi Hristov at Altcoins, Bitcoin, Ethereum, Finance, News, Price Analysis

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...

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

September 21, 2018 by Georgi Hristov at Altcoins, Bitcoin, Commentary, Ethereum, News, Price Analysis

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...

Bitcoin, Ether, and XRP Weekly Market Update

September 13, 2018 by Georgi Hristov at Altcoins, Bitcoin, Ethereum, Finance, News, News Digest, Price Analysis

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...

Bitcoin, Ether, and XRP Weekly Market Update

September 6, 2018 by Georgi Hristov at Altcoins, Bitcoin, Commentary, Ethereum, Finance, News, Price Analysis

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...

Bitcoin and Ethereum Market Recap August 23, 2018

August 23, 2018 by Georgi Hristov at Bitcoin, Ethereum, News, Price Analysis

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...

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

May 29, 2018 by Jamie Holmes at Bitcoin, Commentary, News, Price Analysis

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....

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

April 27, 2018 by Jamie Holmes at Bitcoin, Commentary, Finance, News, Price Analysis

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...

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

April 22, 2018 by Jamie Holmes at Bitcoin, Price Analysis

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...

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

April 12, 2018 by Jamie Holmes at Bitcoin, Commentary, News, Price Analysis

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...

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