Tag Archives: bitcoin price

Gosh darn it, bitcoin! You were doing so well and now you’ve decided to go and disappoint everyone… Again!Bitcoin Takes Another Nasty TumbleAt the time of writing, the number one cryptocurrency in the world by market cap has fallen to just a little over $8,800. This is about $500 less than where it was trading yesterday, and about $1,600 from where the currency was trading roughly two weeks ago.The fears of the coronavirus are spreading almost as fast as the disease itself. People are...

The leading cryptocurrency is giving up its positions right before our eyes. On Thursday, February 27th, it is trading at $8,520, though just recently it was keeping above $10,000.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Bitcoin price is falling: technical analysis.The BTC may grow to $100,000 – Herjavec Group.China postpones the development of its cryptocurrency due to coronavirus.Bitcoin Price Technical AnalysisOn W1 of the BTC, there is a clear descending candlestick, hinting at...

It has become known over $190 million worth of Bitcoin long and short positions were liquidated on well-known derivatives exchange BitMEX.Bitcoin price dropped to $8,593. This development occurred yesterday. Sources indicated that the cryptocurrency markets lost big time. $190 million in Bitcoin was reportedly liquidated on the BitMEX exchange.Bitcoin Liquidation on BitMEXThese assets were formerly in the form of derivatives before their liquidation. They were also a combination of long and...

It has been discovered that there is a correlation between Bitcoin price and mentions of the upcoming BTC halving in media outlets. The more mentions are there, the higher the price is.It seems that whenever some media informs the public about the upcoming Bitcoin halving, the strongest cryptocurrency tends to grow. The BTC halving event is getting closer and closer. That’s why there is no surprise that the number of mentions is growing. According to a popular countdown, there are only 76...

Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100, marking the second day of losses amidst fears of the coronavirus spreading to more countries.Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100. That marked the second day of losses as global equities markets steeply corrected on the fears of the coronavirus spreading to more countries. As the price plunged violently, traders in...

The U.S. markets show a significant drop on Monday morning due to the coronavirus fears and uncertainty. People rush to sell the coins, experts now expect Bitcoin price to go below 9,000.The Dow index, as well as top stocks, S&P 500 and Bitcoin price, have all started losing as coronavirus is conquering new territories. Even more, value vanishes since the virus reaches Italy: one of the world’s biggest travel and trading mecca. The COVID-19 also visits Iran, South Korea, Bahrain, Kuwait...

The Bitcoin price plays around $10,000 levels and faces stiff resistance. Several indicators suggest a bullish view ahead for the short-term. Analysts expect the BTC price to rally further above $10,300.Over the last week, the Bitcoin price has remained largely volatile as it plays around $10,000 levels. Earlier last week, the Bitcoin price surged from $9500 levels to all the way to $10,200 by Wednesday, February 19.However, on the very next day, February 20, the BTC price lost all its gains...

According to Changpeng Zhao, Bitcoin halving does not have a set price. But after the event, we may expect that the BTC price will react positively. In less than three months, the most anticipated event for the crypto community will take place: Bitcoin halving. Scheduled for May, Bitcoin halving happens at every 210,000 blocks and cuts down the supply of BTC, making the asset more scarce. Now the reward for each block is 12.5 Bitcoin and after halving it will be 6.25 Bitcoin.It takes four...

What the heck is going on with bitcoin?Bitcoin Has Fallen… Again!!Just yesterday, we reported that the currency was again above the $10,000 line, but now, it seems the currency is incurring a major drop and has fallen into the mid-$9,000 range overnight. At the time of writing, the world’s number one cryptocurrency by market cap has dropped by more than $600.And yet, there are analysts that still stand by the currency and say it’s experiencing its greatest trends in some time. Tone Vays, for...

After the past few days of rolling through the mid and high $9,000 range and giving the crypto community something of a big scare, it looks like bitcoin is back in the game and trading above the $10,000 mark once again.Bitcoin Is Now Back Where It BelongsBitcoin has gone through a strange weekend – a strange week if you want to take things a step further. The currency gave everyone the burn when it decided to drop by roughly $400 late last week after trading for approximately $10,400 for some...