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The psychological $7K mark was Bitcoin’s life support for weeks. Now that it’s gone, it gives fuel to Bitcoin haters and even governments who believe that the leading cryptocurrency is too unstable to be backed up. It’s fair to say that 2019 hasn’t been the year of Bitcoin and there
There have been no major Bitcoin price developments since last week. The market is still moving sideways with bears dominating the price for months now. Experts are still waiting on the bulls to move the needle in the opposite direction, but apart from a few flashes, bulls have been dormant
The Bitcoin market is trading mostly sideways now again, keeping the leading cryptocurrency in the world just over $7.1K at the moment. There’s been no significant change since last week – it’s just a kind of a status quo with investors keen to see what the future holds. The only
Expert predictions that Bitcoin will fall below $8K came to life this week after the leading cryptocurrency by market volume fell beneath the mark. High trader levels are nowhere to be found right now with Bitcoin’s price currently sits at $7,000. Although the daily average shows a slight gain, it’s
The past couple of months have been filled with negative Bitcoin news week by week. They were broken up by a massive surge near the end of October driven by China-pump that saw Bitcoin test the lower levels of the $10K support. That has evaporated quickly, however, with the leading
The Bitcoin price has been going up and down in the past month, unable to break the $9K barrier. The leading cryptocurrency in the world regularly tackles supports around the $9.5K or even the $10K mark, but it didn’t last for long. Last week, experts predicted that the price would
Last week, we talked about Bitcoin’s run at $9.5K and how it could spell a potential breakout. Well, that didn’t happen, with the leading cryptocurrency once again falling down although not by much. Currently, BTC hovers right around the $9.4K mark and is up 2% over the past 24 hours.
Bitcoin really can’t catch a break right now. The negative bearish trend continues with bulls nowhere in sight. There may be a faint signal of a breakout, though. Yesterday, a bullish breakout saw the world’s leading cryptocurrency race to challenge the $9.5K level, although sadly it couldn’t break it. The
After falling over 20% in late September, there hasn’t been any good news for Bitcoin. The world’s leading cryptocurrency can’t stay stable for more than a few days seemingly stuck in a plummeting whirlwind. Just last week, it suffered another blow when everyone started trading sideways causing the market to
Last week, we wrote about the bearish Bitcoin market and talked about a possible comeback. That is yet to materialize – over the past week, there have been no positive signs for a Bitcoin price surge. Even worse, the leading cryptocurrency in the world suffered a new blow. Although it’s