Tag Archives: btcusd

The weekend was positive for Bitcoin with another batch mimicking up during late U.S. trading and early Monday morning in Asia.BTC/USD is currently trading at $7,521 (+ 5.4% on the daily chart). The coin has been recovering since Sunday. During the early Asian hours, the cryptocurrency attempted the area above $7,600.Sentiment among traders and analysts altered back up again as optimism for “a year-end rally” returned to cryptocurrencies.Analysts maintained their range during the sudden...

It has been two years now that Bitcoin price hit its all-time high of $20,000 in December 2017. Since then it has been a tough ride for Bitcoin investors as the world’s largest cryptocurrency lost 80% of its value in 2018.In April 2019, the crypto market along with Bitcoin revived as the BTC price surged from $3500 levels to go above $13,500. This price surge brought some renewed optimism among crypto enthusiasts. However, Bitcoin has been again moving sideways facing downward pressure since...

In what seems like an unexpected resurrection, Bitcoin prices have rebounded above the psychological level of $7,000 indicating a resurgence despite waning market sentiments. Many within the crypto space had thought that this was the beginning of the end for Bitcoin prices without realizing that Bitcoin prices will rise again and also that the dip below $7,000 was temporary.This price drop, however, raised concerns among many within the cryptospace as this dip was the lowest since Bitcoin...

Today Bitcoin endured another fall, tumbling to the price level at $6,700 and drawing closer to the price level at $6,600.The cryptocurrency of the first choice has arrived at just $6,670.37 today, the most reduced level since late November. Now, the digital money has declined by over half from its 2019 high, as in June on the level at $13,879.21.Bitcoin continued a consistent descending pattern for a considerable length of time, during which time it exchanged to a descending channel.After...

Since Bitcoin is picking up footing in the prevailing press, numerous doubters and business analysts have guaranteed that the crypto space takes after the Dot-com blast and downturn in the early years.Bitcoin is exchanging simply above $7,000, 70% lower than its ATH while reliably recording BTC strength at 70%. As indicated by an exhaustive investigation, the long term Bitcoin could drop to $1,000 which shows comparative examples for the NASDAQ dot-com bubble. A bounce-back can give a...

Bitcoin, the world’s most famous cryptocurrency continued through this fall following charges from sharp pickups the previous month, plunging nearly 40% in just hours after China’s head of state made hopeful statements about blockchain innovation.The digital money started in November at $9,131.42, before hitting $9,526.17 on November 4, after which it nosedived over 30% to a month at a monthly low of $6,524.55 on November 25.Bitcoin endured some outstanding losses a month ago, after a bearish...

The digital money market was the most comprehensive in the positive segment zone on Monday as sentiment gave signs of progress contrasting with the previous seven days. Bitcoin price was drifting in the $7,400 region during early Asian trading.Although the vast majority of previous selling pressure has fallen, we haven’t seen a generous recovery in Bitcoin at the moment. In any case, consolidation may likewise provide a recovery opportunity for long-term HODLers.After a previous mixed week,...

The Bitcoin and crypto money markets have thrust in a downward pattern for quite some time, but with only half a month until Christmas, Bitcoin bulls are anticipated, could we be expecting another Santa Claus rally?The Bitcoin price forecast is approximately a part of the highs of its year so far, with most (but not all) altcoins struggling to stay closely related to Bitcoin and recording worse results.Currently, Bitcoin and crypto enthusiasts anticipate unexpected price growth, specialized...

The Bitcoin CME gap has turned out a tradable situation as of late, in any case, in past weeks, the gap has remained underneath the weekly gap however this isn’t the situation now.On November 29, the CME market left at $7,800, and at the hour of composing, Bitcoin was trading at $7,278.04. This implies if the CME is filled, Bitcoin may encounter a 7% value growth.While the scenario isn’t ensured aftermath, it has turned out an entirely dependable and extraordinary measurement for the...

Normally, this ongoing drop in prices, which comes only a month after a 42% expansion in a day, pushed the bulls to their limit. An eminent Twitter trader, Bitlord, said he had left the Bitcoin business due to the ongoing tumult in the market, denoting an indication of capitulation.Over the past day, the Bitcoin bulls have finally been granted a reprieve, with the BTC going from a weekly minimum of $6,526 to $7,378.13, which represents a massive increase of more than 10%. With this reprieve...