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The world’s number one cryptocurrency by market capitalization has yet to establish a strong support over $8,000 and head on to new heights, despite increasing bullish pressure. During the past seven days since we noticed that bearish trend last Wednesday, the trading market has been changing direction fast, allowing the
The world’s number one cryptocurrency by market capitalization has had another trying week as bears took control of the market, leading the coin to lose about $1,000 of its value in several days. Like we previously wrote, there was an increase in selling pressure around Wednesday that culminated in a
Continuing the rally that began three weeks ago, Bitcoin shot up again during the past seven days to get very close to a price of US $9,000 per coin. As sourced online information suggests, this price increase might have been driven by whale activity on currency exchanges, although no official
The world’s biggest cryptocurrency by market capitalization has just had another trying week as it plunged just before the weekend to lose close to $1,000 of its USD value. Luckily, the positive momentum wasn’t broken and Bitcoin quickly recovered back to its last week’s highs. However, judging from the current
Bitcoin just had one of its most interesting weeks in 2019 as the cryptocurrency rose to $8,000 in a matter of a few days, marking incredible gains that surprised everyone. At the same time, the cryptocurrency community was abuzz with the potential reveal of the identity of Satoshi Nakamoto, after
After rising close to $6,000 over the past week, Bitcoin officially started the “crypto spring” season, moving away from the coldness that swept over the market at the beginning of 2019. Supported by increased volume, the cryptocurrency shot upwards at the end of last week, once again verifying that the
Even though last week’s market was quite bullish and the trading volume remained consistently high, Bitcoin still failed to break past $5,800 over the past few days and establish a new support level. With bearish pressure appearing near the end of last week, the cryptocurrency slid down, putting hopes of
The past week has been anything but boring for the cryptocurrency community as a strong bullish sentiment swept over the market and the world got its first hint at who Satoshi Nakamoto could really be. The winner of the past week’s rally is undoubtedly Bitcoin, which grew from a $5,200
After two weeks of high trading volume and price increases, Bitcoin is now stabilizing around $5,200 – the same level it established during last week. Following a peak of interest, the cryptocurrency’s daily volume has almost halved but the bullish momentum is still continuing, giving hope to traders expecting new
This is proving to be another interesting week for Bitcoin as the cryptocurrency is seeing a strong revival of interest like it hasn’t had for months. After trading volume exploded last week, Bitcoin was not only able to break past $5,000 but it also set a new support level with