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Tag Archives: bitcoin price

Bill Barhydt: The Bitcoin Price Is About to Explode

Over the past month, bitcoin has entered something of a bearish state, and has been struggling heavily. The currency initially reached the $12,000 line in August and had most traders excited for the future. Sadly, it looks like the currency has hit something of a snag ever since, and ultimately lost more than $2,000 from that price. While the currency has recovered somewhat and is now trading for about $10,700, this figure isn’t quite what traders had in mind, and we all know bitcoin could be...

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Willy Woo: Quarter Four Will Be Rather Kind to Bitcoin

According to the latest charts and insights from crypto experts and analysts, the fourth quarter of this year is going to be rather kind to bitcoin.Will These Final Months Be Good for Bitcoin?In the past, the fourth quarter is always a major determiner of how bitcoin’s price trends will be in future months. In 2016, we saw bitcoin reach the $1,000 range for the first time in approximately three years. Not since 2013 had bitcoin managed to hit such a goal. This set the stage up for the...

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Analysts See Bitcoin Dropping Further This Month

Many analysts and industry experts are predicting that bitcoin will likely fall back into the low $10,000 range following its recent drop of nearly $200.Bitcoin Keeps Heading SouthAs it stands, the currency has failed over and over this week to reach the $11,000 mark. The currency has been struggling to reach this peak over the past 14 days and wants to repeatedly waver between $10,500 and $10,800. Today’s drop to around $10,536 is nearly $200 less than where it stood just 24 hours ago, and...

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Bitcoin Gains $300, Is Now Trading at $10,700

At the time of writing, the price of bitcoin has managed to pull itself out of the dark hole it was trapped in and climb further up the financial ladder. While the spike it’s recently incurred isn’t really anything to break champagne out over, it is a reminder that bitcoin can never be brought down permanently, and that the coin is far more resilient that we could have ever thought.Bitcoin Is Again On the RiseThe currency is now trading for just over $10,700, which is about $300 more than...

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Bitcoin Sinks Again as Options Contracts Are Set to Expire

Well, it looks like we may have spoken too soon when it comes to bitcoin. We were all so sure that the $11,000 price it just reached roughly 48 hours ago would stick around this time, but it looks like that’s not the case. Volatility is coming back, and we’re witnessing it today as bitcoin has dropped roughly $600 to $10,400 at press time.Bitcoin Drops into the Low $10K RangeThis is a rough time for bitcoin considering how up and down it’s been over the past several weeks. The currency has...

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Working Towards the Top: Bitcoin Is Back at $11,000

It looks like bitcoin is back on its way towards the top. The currency has hit the $11,000 mark again for the first time in several weeks after a series of spikes that saw it rising gradually through the $10,000 range, thereby suggesting that perhaps this time, the currency will remain within bullish territory.Bitcoin Is Back On Its Way UpThis is a problem that we’ve seen with bitcoin several times over. When the currency rises too quickly, it fails to sustain a strong momentum and cannot...

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Technical Indicators Say Now Is the Time to Buy Bitcoin

Despite it’s recent (and brief) spike beyond the $11,000 range, bitcoin isn’t quite where we’d like it to be. The currency, while slightly bullish at the time of writing, isn’t exhibiting nearly the same price behavior it was weeks ago when it first rose above the $12,000 mark.If You’re Looking to Buy Bitcoin, Now May Be the TimeBut some analysts say that’s a good thing, and that for the first time in roughly six months, bitcoin’s technical charts are flashing buy signals. The currency has...

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Bitcoin Shoots Past $11K… Then Falls Again

Bitcoin broke $11,000 earlier this morning. Unfortunately for all of us, it didn’t last. The currency rose beyond the $11K level only to fall back to $10,800 – a $200 fall within just a few hours. This is exactly what happened when bitcoin first struck $12,000 in August. The behavior suggests that perhaps $11,000 is the new resistance station that bitcoin will have to overcome.Bitcoin Shoots Beyond the $11K LevelHaving said that, many analysts are pleased that the currency did manage to shoot...

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Bitcoin Will Likely Hit $11,000 Very Soon

Bitcoin has once again spiked further and headed deeper into bullish territory. The world’s number one crypto by market cap has surged to just over $10,900 and is now on the verge of hitting $11,000.Bitcoin Could Rise Into the $11K RangeAt this stage, it would probably be correct to assume that bitcoin will hit this figure in a relatively short period. It is less than $100 away and has been on the rise for the past 72 hours or so. Given the circumstances that bitcoin is facing, it’s also...

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Bitcoin Continues Its Newfound Bullish Strategy

It looks like bitcoin is suddenly enjoying being bullish. Following its sudden rise into the $10,700 range just yesterday, the world’s number one cryptocurrency by market has sudden shot up by more than $100 and is now trading in the high $10,800 space.Bitcoin Is Suddenly Heading for the TopThings do appear to be moving up for bitcoin. The question is, “Will this newfound bullish behavior last, or is bitcoin just experiencing another odd change?” It’s hard to tell at this point considering...

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