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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
Despite Bitcoin showing bullish signs at the middle of last week, the cryptocurrency actually headed in a different direction during the past couple of days, failing to break the resistance level at $4,200 and dropping down to $3,660. Looking at the stats from this period, it seems that the price
Bitcoin is back below $4,000 a week after the cryptocurrency began showing signs that its November price drop could be reversed. Due to an increased interest by buyers who were hoping to make a profit on the latest price correction Bitcoin shot up, only to begin dropping down again on
After plunging to $6,300 on Thursday last week, Bitcoin stayed near the same levels for the entire weekend thanks to low buying interest. But come Monday, the cryptocurrency made a sharp jump upwards which added over $500 to its value in a matter of only a couple of hours. With
Once again we’re at the middle of the week with Bitcoin’s USD value falling down after a climb upwards during the previous week. Whereas this time last year Bitcoin’s price was changing fast from one day to the next, for the past month the world’s number one cryptocurrency has been
After nearly a month of struggling to break past the $7,000 range, Bitcoin’s price has finally reached a new level and began trading over $7,300. As shown by market statistics, the increase in price was made possible by an increased interest in trading the coin and an overall bullish sentiment
The price of Bitcoin drops below last week’s range as the trading market remains pro-sell. After a brief bull run pushed the cryptocurrency’s price upwards at the start of this week, Bitcoin lost over $300 in value on Tuesday, crushing hopes that a stronger rally will be formed to boost
Although a week ago the trading signals suggested Bitcoin could be in for a slide, the world’s largest cryptocurrency by trading volume managed to hold its position and climb well over it. Aided by increased interest in the coin and a buying sentiment, Bitcoin managed to break over $6,500 at
It’s another interesting week for the world’s most popular cryptocurrency as the price recovers from a longer downtrend that shook the markets. After the U.S. Senate hearing brought new faith in the future of cryptocurrencies last week, Bitcoin began a gradual climb from its $7,000 levels to reaching $9,000. And
Once again, the price of Bitcoin suffered a correction during the weekend, falling down from its $17,000 range back to $13,500. Whereas last week a bullish sentiment on the trading market started to drive the price back on the road to recovery, this weekend brought a shift in trading trends