#Bitcoin Price Watch: BTC Primed To Gain Bullish Momentum
Bitcoin price recently tested the $3,950-4,000 resistance area against the US Dollar.
There is a key breakout pattern in place with resistance at $3,800 on the hourly chart of the BTC/USD pair. The price is likely to break the $3,800 and $3,900 resistance levels to trade further higher. Bitcoin price is likely preparing for an upside break above $3,800 against the US Dollar. BTC may climb sharply higher once there is a clear break above $3,800 and $3,900. After testing the $
#Bitcoin price predictions: Will crypto SURGE to new highs or PLUMMET to new lows in 2019?
BITCOIN (BTC) has experienced a turbulent year, with the asset’s price slowly falling throughout 2018 - hitting its lowest point in mid-December, according to CoinMarketCap. But can the virtual currency bounce back in 2019, or will it plunge to new lows? Several cryptocurrency specialists have given various predictions on what they believe will happen to BTC’s price in 2019 and the broader impact it will have on cryptocurrency markets. Some experts remain bullish in their out
#Bitcoin Falls To Fresh Yearly Lows After Wild Swings -- Here's Why
Bitcoin has today sunk to its lowest level since the beginning of the year as a cryptocurrency-wide market rout continues to cause pain for holders of bitcoin, ethereum, Ripple's XRP and other major digital tokens. The bitcoin price fell to a low of $3,563 earlier today, down around 6% over the last 24 hours according to the CoinDesk bitcoin price tracker, before rebounding slightly. Earlier in the week, a bounce in the bitcoin price had led some to speculate the worst was co
Morgan Creek CEO: 20x Bitcoin (BTC) Bull Run Possible Over Next Decade
Early last week, CNBC’s “Fast Money,” somewhat infamous for its coverage of markets, continued its incessant coverage of Bitcoin (BTC), calling upon Mark Yusko of Morgan Creek Capital Management to make a guest appearance. Surprisingly, while Yusko hails from the realm of traditional finance, he expressed that cryptocurrencies are likely to succeed over the long haul. Opening his comments on the matter, which came after he painted a dreary picture for equity markets, Yusko wa
As The Bitcoin Price Plummets, Its Dominance Is On The Rise
Bitcoin has had a terrible month, but not as bad as many other major and minor cryptocurrencies it would seem, with bitcoin's share of the total cryptocurrency capitalization, known as its dominance, moving higher throughout November. The bitcoin price has fallen some 45% so far this month after rival cryptocurrency, bitcoin cash, split in two due to developers and miners failing to reach an agreement over its future, triggering a cryptocurrency sector-wide sell-off that has
Bitcoin Price Continues to Bleed as Market Fails to Find a Bottom
The bitcoin price on Monday continued its crash course despite showing gains during the early Asian trading session. The digital currency attempted a go at its yearly low at ~$3,455 after reversing from its intraday peak at $4,115. That overall marked a circa 14 percent crash, setting standards for a further bearish action. The BTC/USD index at press time is trading at 3581-fiat, eyeing potential support from 3508-fiat. The market has once again created a psychological bottom
Bitcoin - Stick A Fork In It - It's Done
As of November 15, Bitcoin Cash had a fork which seemed to trigger yet another wave of price declines for Bitcoin Cash, Bitcoin and Bitcoin SV. Bitcoin is now far less than the $6,200 it was trading at on November 14 before this fork occurred. Since the fork was in Bitcoin Cash, not Bitcoin, it is unclear why it should have had an impact, yet, apparently it did. Adding to the overall confusion of interested observers. This latest drop in price made many already awkward Than
Crypto Markets See Widespread Wave of Green, Bitcoin Pushes $6,500
Crypto markets are seeing a wave of decent growth, with all of the top twenty cryptocurrencies by market cap in the green. Bitcoin (BTC) is today up close to two percent, trading around $6,400 at press time. Since sustaining mild losses Oct. 29-31, the top coin has in early November been edging close to the $6,400 mark, but failed to break through until today’s solid boost.In a tweet today, crypto commentator Joseph Young underscored the comparatively higher trade volumes for
#BTC/USD Bitcoin Price Analysis: China’s support of BTC Very bullish
China is important. It is home to the largest Bitcoin mining companies and their citizens are fast adopters. Therefore, the recent court ruling is bullish and could fast-track Bitcoin loss reversal driving prices back above $7,000 in the process strengthening market confidence. So far, BTC/USD pair is stable and down one percent in the last week as prices trade in tight trade ranges. As reported earlier, Shenzhen Court of International Arbitration has declared Bitcoin propert
One asset is shockingly stable during the market sell-off this week — bitcoin
The cryptocurrency known for its volatility has been uncharacteristically quiet this week, trading in the $6,500 range as stock markets plummeted. Bitcoin is up 1 percent for the week, while the Dow has dropped 3 percent with wild swings throughout the week. Bitcoin’s insulation from broader market wreckage is relatively new — earlier in October $18 billion was wiped off its market cap in a matter of days as the Dow saw its worst day since February. As U.S. stock markets went
