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Tag Archives: btcusd

Bitcoin Price: Weak Support Could Give Way to Further Bearish Momentum

The BTC/USD market is countrolled by bears for the third day in a row. This Thursday, the Bitcoin price plunged from $8,660 to $8,386.60 level. And in trend continuation this Friday, the price has declined further than $8,300.00 southwards.The digital asset market records negatives again with bitcoins and altcoins, which are among the largest losers in the top 20. The bearish correction should gain momentum in anticipation of the weekend, as most altcoins unfold the growth of the prior...

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Bitcoin Price Returns Beneath $8,500 Level, Solid Barrier Accelerates Sell-off

Bitcoin price is presently trending at the level of $8,419 (+ 2.38% daily). The crypto is on track in the framework of a strong bearish trend amid growing volatility. The intraday low is recorded on the level at $8,371.The cryptocurrency market returned to minus, losing the insignificant profits achieved on Wednesday. The total crypto assets struggle with losses from 1% to 6%. Bitcoin returns to a mark beneath the $8,500 level (support of last week). Before the continuing bearish activity,...

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Bitcoin Price: Continued $8,600 Rally May Break through Resistance

After an incredible week of bullish growth, when Bitcoin price adjusted from $7,700 to $9,200, consolidation began as traders are preparing for a new attack for $9,200. Recovery, not unique to Bitcoin, has significantly raised most altcoins.Bitcoin fell beneath $8,700 after a brief shift to $8,791 in the early Asian hours. The first digital coin remained mostly unchanged both daily and from the beginning of Wednesday, as the market entered a limited-range phase after sharp movements at the...

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BTC Price Analysis: after Bull Run, Bitcoin Retreats in Tactical Maneuver

BTC/USD is as of now exchanging at $8,623. Over the most recent 24 hours, the coin was in a solid bearish disposition amid falling instability.Bitcoin drove the digital money market on Sunday with a sudden short consolidation that surpassed the desired $9,000 without precedent for 2020. The price came to $9,000, yet the highest price level came to $9,194.99. Consolidating trends between $8,500 and $8,750 level are probably going to come first for the time being.The weekend session was very...

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Bitcoin Price Moves above $8,500 as Traders Anticipate Inherent Significant Growth

At the hour of composing, Bitcoin is trending up 4.5 percent at its present price level of $8,520, which marks a notable increase from recent lows of just over $8,000, which were set last week when the bears attempted to wreck the recent upside.The price of Bitcoin is currently consolidating above the resistance level and the most significant volume node in the visible profile of the visible range, or VPVR. On the off-chance that Bitcoin can complete bullish consolidation above $8,000, then a...

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Bitcoin’s Consolidation Past $8,000 Price Levels Strengthens Its Safe-Haven Status

BTC/USD is presently trending at $8,091 (-1.1% from the start of the day). The coin retreated from an intraday high of $8,195.81, although the trend is quite bullish.As per Arcane Research, Bitcoin volumes have more than increased in seven days. The organization found that the 7-day normal every day exchanging volume spiked 126% all through the underlying seven day stretch of 2020 and came to $1.5 billion, exchanged on January 8, contrast with a dismal $192 million as of January 1. This...

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Bitcoin Rally Unclear while Faltering at $8000, Mining Hash Rate at All-Time High

BTC/USD is currently trading at $7,861 (+1.4% from the beginning of the day). The crypto is in motion as part of a vigorous bull trend in Asia amid growing volatility and a tested zone past the $8,000 price level.As Bitcoin halving approaches, several market analysts are trying to project how this will influence the price, while in some other forecasts, an analyst said that dominance in the Bitcoin market may not surpass 75%, and price recovery may be limited to $15,000.The Bitcoin sphere...

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Bitcoin Halving: Bulls Back to Restore Momentum to $7,600 Price Level

The number one digital coin in the world, Bitcoin, is consolidating with the latest price increase past the $7,500 level as we approach the key barrier level of $7,600. Currently, Bitcoin is trading above the price level of $7,500 mark, with a further breakthrough above the last critical barrier that could be challenged near the $7,600 area. After this the coin will accelerate its bullish momentum as soon as the aforementioned resistance becomes clear. All eyes remain on the threshold of...

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11 Years to the Completion of Bitcoin Network’s Genesis Block, BTC Price Surges 2%

Today January 3, 2020, marks the completion of 11 years since Bitcoin founder Satoshi Nakamoto created the Genesis Block on the Bitcoin network. Also called ‘Block 0’, the Genesis Block was the first-ever block available on the Bitcoin blockchain.Six days later on January 9, 2009, Satoshi Nakamoto released the first Bitcoin software client. Thus, the crypto community often celebrates January 9 as the birthday of Bitcoin when Block 1 was mined.Although the usual block time on the Bitcoin...

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Here’s How Ex-Professional Poker Player Lost $500k in Crypto and Realized Meaning of Life

Alex Copenhagen decided to come back to his YT channel dedicated to crypto and bring a new life to it. He will be posting new videos about business, self-development, lifehacks, interviews with entrepreneurs and more. He said that losing $500,000 in 2019 taught him important life lessons.Alex is sharing his story in a short video, sending out the hope that his data will be valuable for lots of crypto-related folks. Copenhagen got into cryptocurrency space in around 2013 when Bitcoin was worth...

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