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Tag Archives: bitcoin

Bitcoin though plummets holds its head high

The fall of the prices of bitcoin has been a real reason of worry to the traders. The prices have readily begun to falter from the past few days. Though the reason is yet not figured out it is taking everyone by surprise as bitcoin has shown a steady rise …

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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 (BTC) is anything but a hedge

What is a hedge? Here is how the definition goes: Investment position intended to offset potential resources or games that may be incurred by a companion investment In short when you do a hedge investment, you do any investment to minimize your loss or to reduce the risk involved in …

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