#bitcoin price

Bitcoin Price Analysis: A Test of $1892 Incoming

May 14, 2017 by Jamie Holmes at Bitcoin, News, Price Analysis

BTC-USD has bounced back above $1800 momentarily on May 14 after dipping as low as $1601.46 on the Bitstamp exchange on May 13. After posting a fresh all-time high at $1892.00 earlier in the week, the market has completed a retracement to the 61.8 percent Fibonacci level and closed higher...

Upward Momentum in Bitcoin Price Intensifies on Litecoin’s Role as SegWit Testbed

May 9, 2017 by Joseph Young at Altcoins, Bitcoin, Commentary, News

Over the past month, the price of bitcoin has consistently maintained its upward trend and momentum, increasing from around $1,185 to $1,624 as litecoin moves to implement SegWit. In the past seven days, bitcoin price recorded a 15 percent weekly gain, breaking the $1700 barrier on May 9 for the...

Markets Update: Bitcoin Briefly Dips Below $1500, Ether Retraces from $97

May 5, 2017 by Jamie Holmes at Price Analysis

Cryptocurrency markets have continued their upward surge on May 5, with BTC-USD posting a fresh high at $1623.01 on the Bitstamp exchange, while ETH-USD peaked at $97 on Kraken. The price of bitcoin has been boosted by its highest ever volume in a 24-hour period, surpassing $1 billion. Some of...

Bitcoin Price Soars to New Record High at $1425

May 1, 2017 by Jamie Holmes at Bitcoin, News, Price Analysis

The price of bitcoin is at record highs on May 1, reaching $1425 on the Bitstamp exchange, after breaking the previous all-time high at $1350. A move above the peak reached in the market mayhem accompanying the SEC's ETF decision indicates that a long-term target for bulls has been validated...

Bitcoin Price Tests $1300 After Close Encounter with All-time High

April 28, 2017 by Jamie Holmes at Bitcoin, News, Price Analysis

BTC-USD is down around 2 percent on today's open on the Bitstamp exchange, testing the critical $1300 handle. The market came within inches of breaching the all-time high at $1350.00, posted in the mayhem leading up to the SEC's decision on the Winklevoss ETF. The SEC is now reconsidering the...

A Bitcoin Fountain with all kinds of other currency coming out of it

Weekly Cryptocurrency Market Outlook April 17

April 17, 2017 by Jamie Holmes at Cryptocurrency Market Outlook

BTCManager's Weekly Cryptocurrency Outlook highlights the price action and technical indicators on a long-term basis to identify the best opportunities in the largest cryptocurrencies, such as bitcoin, ether, and others. BTC-USD (Bitstamp) Bitcoin has dipped below $1200 but the bullish outlook remains intact as last week's dive remained above the...

Bitcoin Price Dives Below $1200: Brief Dip Before Fresh Highs?

April 14, 2017 by Jamie Holmes at Bitcoin, News, Price Analysis

Margin traders bearish on bitcoin at Bitfinex are becoming emboldened, with the open short interest surpassing the long interest for the first time in almost two months. The dip in BTC-USD, which fell from around $1230 to $1141 since April 11, could be short-lived with the cryptocurrency getting ready to...

Bitcoin Price Surges In Zimbabwe After Military Coup

Bitcoin Price Prediction from Notable Investor: $500,000 by 2030

April 11, 2017 by Nigel Dollentas at Bitcoin, Commentary, News

“How high will Bitcoin go?” is a question that’s been speculated since the inception of the cryptocurrency. Here’s another speculation from Jeremy Liew, the first investor in Snapchat, as well as Peter Smith, the CEO and founder of Blockchain, who claim $500,000 by 2030 is a reasonable estimation. While they...

Block Extension to Solve Bitcoin’s Scaling?: BTCManager’s Week in Review April 10

April 10, 2017 by Alex Lielacher at News, News Digest

It has been an interesting week for the bitcoin community as two new possible solutions to Bitcoin’s scalability challenge have been proposed and BTC-USD has been trending north back towards its all-time high. The price of bitcoin received a boost and peaked at $1,200 the week beginning April 4 as...

Kim DotCom Aims to Bring Bitcoin to the Masses via BitCache and MegaUpload 2.0

April 4, 2017 by Alex Lielacher at Bitcoin, Entertainment, News, Tech

Eccentric Internet entrepreneur Kim Dotcom gave his Twitter followers a first look at his new file-sharing platform that will allow users to charge a small amount of money for their uploaded for which they will receive bitcoin micropayments as payment when it is viewed. While New Zealand-based Kim Dotcom is...

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