#Price Analysis

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...

Monthly Close Below $7800 Means More Pain for Bitcoin Bulls

March 29, 2018 by Jamie Holmes at Bitcoin, News, Price Analysis

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...

Vertcoin Pushes to a One-month High as Crypto Markets Rebound

Vertcoin Insulated from Cryptocurrency Market Downturn on Mar. 22

March 22, 2018 by Jamie Holmes at Altcoins, Commentary, News, Price Analysis

Vertcoin has posted gains, insulated from a wider cryptocurrency market downturn, with bitcoin and other major altcoins down more than three percent on March 22. There are a few technical indications that the next 4-hour/daily sessions are ones to watch for a major trend reversal in vertcoin (VTC). Vertcoin has...

Bitcoin Price Analysis: Break of $8,500 Opens Up $9,500

March 20, 2018 by CryptoMedication at Price Analysis

Bitcoin has reacted positively to news coming out of the G20 meetings that there will be no regulation of cryptocurrency markets. The price of bitcoin has recovered from the lows below $8,000 to trade above $8,500 on March 20. There is a strong likelihood that the bullish move in the...

Grim Reaper Bear Report: Will Bitcoin Bottom Out Near $4,000?

March 14, 2018 by CryptoMedication at Bitcoin, Commentary, News, Price Analysis

So over the past few weeks, we’ve all been tracking down bitcoin and throwing out different theories and charts that we as traders and experts believe will dictate where bitcoin is going to go next. In the author's humble opinion, one of the most overlooked charts is bitcoin on the...

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