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BITCOIN PRICE: 8,296.21     HIGH: 8,354.46     LOW: 7,935.00

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Baltic Honeybadger 2017 • November 25-26, 2017

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Tag: bitcoin price

Bitcoin Price Hits Fresh High Above $8200

Category: Bitcoin, News, Price Analysis

Bitcoin Price Hits Fresh High Above $8200

Bitcoin’s price has broken the $8000 handle and posted a fresh high at $8226 on November 20, opening the door to a drift toward $10,000. A short-term buy zone lies around $8030 to $8060. The short-term trading action shown below (15-min chart), shows that the market is looking to head to around $8030 to $8060 after posting a fresh high…

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Following Square’s Testing Report, Bitcoin’s Price Nears $8000

Category: Bitcoin, Business, Finance, News

Following Square’s Testing Report, Bitcoin’s Price Nears $8000

Bitcoin has become stronger following the report of Jack Dorsey’s payments company Square Inc. (SQ.N). The cash payment app was involved in testing support for bitcoin which has certainly affected the price of the cryptocurrency, which edged closer to $8000 and posted a fresh all-time high at $7997.00 on November 17. At the beginning of the November, the cryptocurrency smashed…

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After Bullish Run, Bitcoin’s Price looks to Reach New Highs by Year-end

Category: Bitcoin, Commentary, News

After Bullish Run, Bitcoin’s Price looks to Reach New Highs by Year-end

Bitcoin, the world’s largest and most well-known cryptocurrency, is well on its way to cross the $10,000 milestone before Christmas if its current growth is anything to go by. The digital currency has seen a great deal of success within 2017, having crossed the $1000 price point in January. This year has been the biggest for the price of bitcoin…

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Op-Ed: Bitcoin As a People Magnet

Category: Bitcoin, Commentary

Op-Ed: Bitcoin As a People Magnet

We are currently experiencing an unprecedented time in terms of interest in Bitcoin. The price goes up, and everyone wants to be your friend. When the price goes down… crickets. Frankly, I find all of this very amusing. Speaking of the price of bitcoin, the timeline below charting the cryptocurrency’s meteoric price rise is being widely circulated on Twitter. Since…

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Cryptocurrency Market Cap to Head to $246 Billion?

Category: Altcoins, Bitcoin, News, Price Analysis

Cryptocurrency Market Cap to Head to $246 Billion?

As BTC-USD reaches new all-time highs, the cryptocurrency market as a whole has attained a new milestone; breaching $200 billion in value. Bitcoin is leading the charge, with the cryptocurrency moving above the $7000 psychological level on November 2. Looking at the chart below, we see a clear pattern of five waves as detailed by Elliot Wave Theory. The market…

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BTCChina Announces Exit from China’s Bitcoin Exchange Market

Category: Bitcoin, News

BTCChina Announces Exit from China’s Bitcoin Exchange Market

One of the largest exchanges in China is voluntarily closing its operations. BTCChina announced on September 14 that it will stop all trading on September 30 as regulators are reportedly planning to stop fiat to bitcoin trades in the country. BTC-USD has suffered another sharp drop, hitting a fresh low at $3426.92, with the price regaining the $3500 handle at…

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Bitcoin Price Falls on Chinese Whispers

Category: Bitcoin, News

Bitcoin Price Falls on Chinese Whispers

Bitcoin suffered a steep drop on September 8, as rumors circulated that Bitcoin exchanges in China were to be banned. The event and reactions somewhat mirror the ICO ban on September 4, with crypto markets in the red. BTC-USD fell from the September 8 high of $4679.97 to a fresh low of $4227.64 on the Bitstamp exchange, breaking out of…

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Bitcoin Price Regains $4600, Market at Rest in Equilibrium

Category: News

Bitcoin Price Regains $4600, Market at Rest in Equilibrium

Following the ban of initial coin offerings in China, sentiment in cryptocurrency markets was dampened, sending BTC-USD as low as $4001.93 on the Bitstamp exchange on September 5. However, two days later and bitcoin’s price has already recovered to around $4635 at the time of writing. The cryptocurrency looks on course to post its sixth consecutive week of gains against…

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Bitcoin Price, Consistently Posting Record Highs, Approaches $4000

Category: Price Analysis

Bitcoin Price, Consistently Posting Record Highs, Approaches $4000

Bitcoin enjoyed large gains over the week, breaking the all-time high numerous times, and peaked at $3934.00 on the Bitstamp exchange during August 12’s trading session. At the time of writing, the price of bitcoin is at $3867.84, up over six percent on the day. The recent price rise also brings the cryptocurrency above the three thousand threshold in British…

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BIP 91 Likely to be Locked in Within 24 Hours, Bitcoin Displays Highest Ever Daily Gain

Category: Bitcoin, Commentary, News, Price Analysis

BIP 91 Likely to be Locked in Within 24 Hours, Bitcoin Displays Highest Ever Daily Gain

Bitcoin Improvement Proposal 91, or BIP 91 for short, a miner-activated soft fork (MASF) developed by James Hilliard, passed its 80 percent activation threshold on July 16 and is set to be locked in within 24 hours. The compromise between developers and the mining community has coincided with buoyant markets, as BTC-USD recovers from a recent low at $1830 on…

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