Tag Archives: btc price

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...

On Thursday, February 20th, the Bitcoin price is declining. It is selling for the second day in a row, generally trading at $9588.00.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Technical Analysis;The interest to the BTC has grown by 50% since the beginning of the year;The BTC is controlled by Chine – The head of Ripple.Technical Analysis: Bitcoin Price CorrectionOn W1, the impulse of growth has made a pause. The quotations have not reached the target level of $11500.00 but the MACD is...

The cryptocurrency market is all red, with huge candles hitting Bitcoin price charts. Other assets are falling amid the expectations of unlimited growth too.The total market capitalization shows a massive drop to $278 billion. Ethereum and XRP have lost two percent more in price than Bitcoin did.  It’s a pity that, till these days, we have the trouble of oversized expectations of traders. Every time Bitcoin breaks through some psychological level, people start weird $100,000 predictions. But...

The CEO of Lolli has joined a long list of people who believe that the Bitcoin halving isn’t already priced in and BTC will surge after the event.The entire crypto market is anticipating Bitcoin halving. The event will see a 50% reduction in the rewards that miners receive for block production. Because of the relative Bitcoin scarcity that will accompany the event, the price of the world’s king coin is expected to rise significantly. History also suggests that there will be a heavy pump in...

Fundstrat’s Tom Lee said that the price of Bitcoin could surge to $500,000 in the long term, but he failed to mention the exact timeline for such a pie-in-the-sky target to be achieved.Bitcoin and its value have been a topic of discussion for many in recent years. Tom Lee, the head of research at the Fundstrat Global Advisors, said that the Bitcoin price could surge to half a million dollars in the long term. Nonetheless, he did not mention the exact timeline for such a pie-in-the-sky...