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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
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
Bitcoin’s USD price has dropped down to $6,350 during the past week, despite the market turning bullish to signal a possible price increase. Although the cryptocurrency wasn’t as volatile as it once has been, it still lost over a $100 in value over the course of several days. However, as
We’re right at the middle of what is probably one of the most important weeks for Bitcoin, with the price stable around the $2,700 range, or very close to the highs of two weeks ago before the idea of Bitcoin Cash spread online. As you might already have noticed if
Bitcoin’s price is once again on the decline, just days after closing the weekend with a $300+ boost. Last week’s enthusiasm created by the mining community finally reaching a consensus over the best way to upgrade the blockchain has been shattered again, as new problems emerge from the shadows. Namely,