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Tag Archives: bitcoin price analysis

Bitcoin Hammered, Things May Look Up

Bitcoin (BTC) has been suffering over the past two days. Around 36 hours ago, Bitcoin was trading at $10,200; now, the cryptocurrency is trading at $9,500. This sell-off has come after the cryptocurrency traded in the low-$10,000s for around two weeks. This has made investors across the board a little …

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Bitcoin Price Analysis: Bulls accumulate around $10,000 Mark

Price levels will likely see a breakout next week. Since the recent drop from $11,000 to $9,800, price levels have created an asymmetrical triangle.  On the 1 hour chart for XBT/USD, the asymmetrical triangle can be seen highlighted after the breakdown from the rising wedge. Price action is now trading sideways …

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Bitcoin Hits Pause Button After Spectacular Upward Movement

As declines set in, Bitcoin hits the pause button around $11,000 after it had been showing notable movement. Amidst a building bearish momentum, Bitcoin is trading at $10,772. BTC/USD is likely to go below $10,000 and even touch last week’s lows at $9,469. Bitcoin’s has astonishingly hit the pause button …

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Is This A Possible Reasons For Bitcoin Suddenly Soaring?

After Bitcoin prices dwindling from the past couple of weeks, Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days and jumping over $500 per bitcoin in a matter of minutes last night, only to fall back again. The abrupt bitcoin price …

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