Posts Tagged: Bitcoin technical analysis

Bitcoin Rises; North Korea Continues Hacks

After dropping down below $10,000 during last week, Bitcoin, the world’s biggest cryptocurrency by market capitalization, has rallied once again, gaining over $1,000 in value during the period. According to market charts, the rally was supported by an increase in trading which is clearly evident in the 24-hour trading volume

Bitcoin Bouncing Back Around $10K

After the recent surge which saw the world’s biggest cryptocurrency surge to $13K, Bitcoin’s price has dropped down to the $9K mark. After a modest uptick the past few days, Bitcoin is now once again testing the $10K barrier, with gains of nearly 3% in the past 24 hours. The

Bitcoin Heads to $13,000; $100K Target by 2021?

Bitcoin is once more near $13,000, just like two weeks ago, after a fairly uneventful weekend during which the price remained mostly stagnant. Thanks to a strong bullish market, the cryptocurrency was able to climb upwards, recovering from the losses it suffered during the start of last week. However, as

Bitcoin Hits $9,000; Facebook to Release Libra Cryptocurrency

The bulls are back and they’re driving the world’s most popular cryptocurrency towards a new 2019 price record and closer to its all-time highs of 2017. Thanks to positive news from the industry and the rise of interest in crypto trading over the past month, Bitcoin has managed to climb

Bitcoin Still Under $8K; $20,000 A Realistic Target?

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

Bitcoin Loses $1,000; Whale Sale to Blame?

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

Bitcoin Jumps to $8,000; Satoshi Reveal Turns Silly

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

Bitcoin Reverts; Craig Wright Satoshi Mystery to be Solved?

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

Bitcoin Drops; Tether Stability Challenged

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

Bitcoin Nears $5,600; McAfee Stops Satoshi’s Reveal

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