Posts Tagged: Bitcoin technical analysis

Bitcoin Stays Under $7K; Gets Compared to an “Infection”

During the past week, Bitcoin has been struggling to reassert its $7K position due to the lack of a stronger bullish force that would have pushed its price upwards. Just like last week, trading signals remain split while the price is moving around the same levels, reaching short of $7,000

Bitcoin Suffers Worst Quarter; South Korean Millennials Affected

During the past week, Bitcoin suffered another sharp drop thanks to a strong bearish sentiment on the trading markets. But with Easter behind us and the start of a new week, a bullish trading wave has changed the course of the price charts and pushed Bitcoin’s USD price upwards, giving

Bitcoin Drops Below $8K Amidst Twitter and Reddit Ban

Bitcoin’s price is continuing on a downward spiral as the trading market loses volume and sellers step onto the scene. In the past week, the cryptocurrency lost over $1,000 in value, dipping below $8K and marking almost a full month of negative price swings since the start of March when

Bitcoin Up by 7%; NSA Tracking Down Users?

Bitcoin’s rocky ride seems to be never-ending. While the world’s biggest cryptocurrency has always been prone to price swings, it seems that it is now that its instability hurts the most as it follows an investment hype where many bought on high prices but weren’t prepared for some expected volatility.

Bitcoin Recovers to $9K; Slovenia Erects Bitcoin Monument

Another tough week for Bitcoin as the leading cryptocurrency had a significant price correction that was triggered by a selling sentiment. As Bitcoin’s price dropped under $9,000, other top cryptocurrencies followed suit and suffered losses before starting to normalize again when Bitcoin began to recover. But, as current market signals

Bitcoin Pulls Back; Coinbase Eyes New ETF

The price of Bitcoin is pulling back towards $10,000 after hitting $11.5K at the start of this week as the market shows lowered interest in trading. Judging from current indicators, the bullish mood that pushed the price upwards is weakening and bears are increasing in number, driving the price downwards

Bitcoin Heading Toward $11K; Craig Wright Sued for $5 Billion

It has been another interesting week for Bitcoin as the cryptocurrency dropped down more than 11% from the $11,000 range it neared last week, only to start recovering again at the start of this week and head towards $11,000 again. As market signals indicate, buyers still dominate the markets while

Bitcoin Near $11K; Mysterious Buyer Invests $400m in BTC

During the past week, the price of Bitcoin moved away from the $9,000 range it reached on Wednesday to being close to a value of $12,000 per 1 BTC. Thanks to a week free of turbulence and positive news coming from key markets, Bitcoin began to stabilize around its former

Bitcoin Near $9K; U.S. Tax Payers Don’t Report Gains

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

Bitcoin Bounces Back Over $7K; CFTC Hearing Goes Well

Bitcoin goes back towards $7.5K after having one of its most trying weekends in a while, once again proving skeptics that it’s here to stay. The world’s biggest cryptocurrency suffered a major drop during the weekend, causing a correlated drop in other altcoins and halving the market capitalization of the