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The world’s biggest cryptocurrency by market capitalization has just had another trying week as it plunged just before the weekend to lose close to $1,000 of its USD value. Luckily, the positive momentum wasn’t broken and Bitcoin quickly recovered back to its last week’s highs. However, judging from the current
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
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
The past week has been very eventful for Bitcoin as the world’s most popular crypto asset was able to show some signs of progress we haven’t seen for quite a while. Indeed, Bitcoin surprised everyone this week when it abruptly shot up close to $4,900, shaking up the image of
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
The world’s biggest cryptocurrency by trading volume is back at $6,300 after an interesting week of highs and lows. As the charts show, the past week was marked by increased trading interest which took the market from being bullish to bearish and then bullish again as investor sentiment changed. But
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