Tag Archives: btcusd

The rapidly spreading coronavirus appears to have pulled down the global traditional investment markets with Bitcoin joining the fall, giving up its hypothetical store of value status. The current BTC price is around $8,600.Everything in every market is currently red. As the coronavirus epidemic continues to spread, the stock markets keep crumbling with bitcoin right behind them in a downward spiral. The S&P 500 and the Dow seemed to enter a correction on February 27, representing a 10%...

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...

What happens when a lot of people talk about possible Bitcoin price movement? Right – the price indeed starts moving. And now BTC seems to be gaining momentum ahead of May’s halving event.Some experts start predicting the next price move. They see a dramatic scenario of Bitcoin price rushing up to $18,000 and even $20,000 in the short-term and up to $100,000 in the long-term. Such data is based on calculations of previous price action. It appears that Bitcoin can gain up to 80% in profits...

Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action.Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the...

Bitcoin price changed time and again with bull runs or bearish moves occurring after certain news about an economic or political event, government regulations, hacks on crypto exchanges, among others. But let’s take a closer look at each of these scenarios and how the news about these events had impacted the prices of cryptocurrencies.US-Iran Conflict Spikes Bitcoin’s PriceTensions surrounding the US-Iran war influenced the prices of digital assets. Bitcoin, for instance, surged by 5% after...

Today Bitcoin price has reached the levels over $9,150. The coin moved within a strong bull trend and reached an intraday high of $9,164.Bitcoin managed to stay in the green zone, despite correction from a recent high on the level of $9,149. The market value fluctuates at a $9,128 level. After an increase of around 2% per day, Bitcoin’s prevailing daily trend is slightly bullish, while volatility levels suggest that further action will be prone to decline.Over the past few days, the bulls...

Bitcoin, which is the largest digital asset by market capitalization, settled past the price level at $8,600 after a pullback to a price level of $8,217 on January 24.At the hour of composing, the Bitcoin price was trending on the level at $8,712 mainly unaltered from the start of the day.The digital asset market on Monday showed a trend in the bullish bias triangle. The Saturday bears did not lead to much movement, and several altcoins moved away from support levels and attempted recovery....

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...

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,...

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...