Rememberful Bitcoin News.
Key Points Bitcoin cash price struggled a lot and moved towards $300 against the US Dollar. Recently, there was a break above two bearish trend lines with resistance at $310 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair now has to g…
Key Points Bitcoin cash price struggled a lot and moved towards $300 against the US Dollar. Recently, there was a break above two bearish trend lines with resistance at $310 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair now has to gain pace for more gains above the $340 level in … Continue reading Bitcoin Cash Price Weekly Analysis – Can BCH/USD Gain Momentum?
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Key Points Bitcoin price is in a major uptrend and recently broke the $5600 resistance against the US Dollar. There are two major bullish trend lines forming with support at $5280 and $5000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The…
Key Points Bitcoin price is in a major uptrend and recently broke the $5600 resistance against the US Dollar. There are two major bullish trend lines forming with support at $5280 and $5000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair might continue to trade higher and could even break the … Continue reading Bitcoin Price Weekly Analysis – BTC/USD in Monstrous Trend
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Key Highlights ETH price gained strength recently and cleared a major resistance at $312 against the US Dollar. There is a monster ascending channel forming with resistance at $346 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair migh…
Key Highlights ETH price gained strength recently and cleared a major resistance at $312 against the US Dollar. There is a monster ascending channel forming with resistance at $346 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct a few points from the current levels towards $325-320 in the short … Continue reading Ethereum Price Weekly Analysis – ETH/USD Remains in Uptrend
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The MerkleBitcoin Price Returns to $5750 After Brief DipThe MerkleEver since the Bitcoin price reached a new all-time high of just over US$5,800, things have not gone all that well for the leading cryptocurrency. A retracement was to be expected at som…
The Merkle | Bitcoin Price Returns to $5750 After Brief Dip The Merkle Ever since the Bitcoin price reached a new all-time high of just over US$5,800, things have not gone all that well for the leading cryptocurrency. A retracement was to be expected at some point, for obvious reasons. However, it seems things are picking ... |
Ever since the Bitcoin price reached a new all-time high of just over US$5,800, things have not gone all that well for the leading cryptocurrency. A retracement was to be expected at some point, for obvious reasons. However, it seems things are picking up once again, and a return to US$6,000 is still a possibility for the coming weeks and months. Bitcoin Price Momentum Slowly Picks up Again It is good to see the Bitcoin price undergo healthy consolidation before things move to the next level. While that is not necessarily a popular opinion whatsoever, it is a fact that the Bitcoin price
Ever since the Bitcoin price reached a new all-time high of just over US$5,800, things have not gone all that well for the leading cryptocurrency. A retracement was to be expected at some point, for obvious reasons. However, it seems things are picking up once again, and a return to US$6,000 is still a possibility for the coming weeks and months.
It is good to see the Bitcoin price undergo healthy consolidation before things move to the next level. While that is not necessarily a popular opinion whatsoever, it is a fact that the Bitcoin price has been extremely bullish for over a week now. That can’t go on indefinitely, of course. As is usually the case with Bitcoin, the price dropped by almost US$250 at one point. Volatility is second nature to cryptocurrencies, and Bitcoin illustrates that point perfectly.
Some people were growing concerned when the Bitcoin price started heading back down to US$5,500, though. That is only understandable, even though most experts and enthusiasts know the price will go up and down on a rather regular basis. In the case of Bitcoin, multi-hundred dollar swings are not uncommon by any means; that much is certain.
A US$250 drop is nothing new under the sun, and it is something we’ll have to endure in order to reach a new all-time high in the long run. The jump from US$5,000 to US$5,800 in particular took less than a day, which was clearly too difficult to maintain. However, we have seen the Bitcoin price drop by US$1,000 or more as well, which would have been rather problematic at this time. Thankfully, things never got to that level, which indicates the uptrend could resume in the coming days and weeks.
Moreover, we have seen Bitcoin maintain its US$2.186 billion trading volume with relative ease. Considering it is a Saturday today, that is rather surprising, to say the very least. Over the past few weeks, this volume had dipped quite a bit and hardly succeeded in remaining above US$1 billion over the weekend. With the trading volume at this level, it is not unlikely we will see the Bitcoin price return to US$5,800 in the next few days. There is still a long way to go before we see US$6,000 though, as profit-taking will be in full effect, to say the very least.
On the exchange front, very little has changed for Bitcoin. Bitfinex is still schooling the other exchanges right now, with nearly twice the volume as Bithumb. bitFlyer is still hanging onto third place, with a substantial lead over Bitstamp. The altcoin currently generating most Bitcoin volume is not Ethereum or Bitcoin Cash for a change, but Monacoin instead. This Japan-oriented cryptocurrency has been making some waves as of late; that much is certain.
All signs are looking pretty positive for the Bitcoin price moving forward. Reaching US$6,000 remains a likely possibility, although it is unclear when that will happen exactly. For the time being, there is no reason to be concerned over the Bitcoin price whatsoever, as things will continue to evolve for quite some time to come. Beware of any lingering volatility, though, as the value of Bitcoin will continue to fluctuate on a regular basis.
CoinTelegraphJulian Assange Thanks US Government, Senators, For Forced Bitcoin InvestmentCoinTelegraphSometimes you have a comeback so good you have to wait until the perfect time to use it. Apparently, for Julian Assange, that time was when Bitcoin hi…
CoinTelegraph | Julian Assange Thanks US Government, Senators, For Forced Bitcoin Investment CoinTelegraph Sometimes you have a comeback so good you have to wait until the perfect time to use it. Apparently, for Julian Assange, that time was when Bitcoin hit $5,746.51. The Wikileaks founder posted his comment on Twitter, after a stunning week of price jumps ... |
Julian Assange publicly thanks the US Govt for making him invest in Bitcoin in 2010 – now boasting a 50,000% return.
Julian Assange publicly thanks the US Govt for making him invest in Bitcoin in 2010 – now boasting a 50,000% return.
CoinTelegraphBitcoin Has Barely Reached 1% of its Potential: Expert BlogCoinTelegraphIn this hypothetical world, 1 Bitcoin is worth $1,000,000 and 1 Satoshi (1 millionth of a Bitcoin) is worth $1.00. There is no consensus on what the value of one Bitco…
CoinTelegraph | Bitcoin Has Barely Reached 1% of its Potential: Expert Blog CoinTelegraph In this hypothetical world, 1 Bitcoin is worth $1,000,000 and 1 Satoshi (1 millionth of a Bitcoin) is worth $1.00. There is no consensus on what the value of one Bitcoin is or should be. The spectrum of opinions ranges from Jamie Dimon, CEO of JP ... |
Find out what a financial expert from the World Bank has to say about it.
Find out what a financial expert from the World Bank has to say about it.
New York PostBitcoin is doing well, despite what Dimon wants you to thinkNew York PostThe bitcoin battle has divided Wall Street recently, with seemingly bright people having differing opinions. Understand that when many bankers talk about bitcoin, the…
New York Post | Bitcoin is doing well, despite what Dimon wants you to think New York Post The bitcoin battle has divided Wall Street recently, with seemingly bright people having differing opinions. Understand that when many bankers talk about bitcoin, they are generally referring to the blockchain technology that is underlying bitcoin ... Another Victory For Bitcoin Industry Experts Believe Bitcoin Headed to $6000 These charts show how quickly bitcoin is growing |
CoinTelegraph |
Industry Experts Believe Bitcoin Headed to $6000
CoinTelegraph There’s an old saying, “Don’t let the fox watch the henhouse.” This may well be true when it comes to crypto-industry insiders and their opinions about the price of Bitcoin. But whether anti-Bitcoin fanatics like it or not, the price is steadily … |
CoinTelegraph | Industry Experts Believe Bitcoin Headed to $6000 CoinTelegraph There's an old saying, “Don't let the fox watch the henhouse.” This may well be true when it comes to crypto-industry insiders and their opinions about the price of Bitcoin. But whether anti-Bitcoin fanatics like it or not, the price is steadily ... |
Bitcoin and cryptocurrency experts weigh in on the price of Bitcoin, its increasing adoption, and whether the price will break $6,000 anytime soon.
Bitcoin and cryptocurrency experts weigh in on the price of Bitcoin, its increasing adoption, and whether the price will break $6,000 anytime soon.
No one can deny the Bitcoin price has risen sharply these past few days. In Africa, the world’s leading cryptocurrency is making a lot of headway. Unfortunately, it may not necessarily be for the right reasons. An old Russian-driven Ponzi scheme …
No one can deny the Bitcoin price has risen sharply these past few days. In Africa, the world’s leading cryptocurrency is making a lot of headway. Unfortunately, it may not necessarily be for the right reasons. An old Russian-driven Ponzi scheme – known as MMM – is making the rounds again in most African countries. … Continue reading MMM Ponzi Scheme Continues to Tarnish Bitcoin’s Image in Africa
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Speaking on CNBC’s “Fast Money” on Tuesday, James Disney of Credit Suisse made bold claims about the revolutionary power of blockchain. He also confirmed that Credit Suisse have been running experiments with the technology in various …
Speaking on CNBC’s “Fast Money” on Tuesday, James Disney of Credit Suisse made bold claims about the revolutionary power of blockchain. He also confirmed that Credit Suisse have been running experiments with the technology in various parts of the business. Due to the present nature of private equity transactions, it can take weeks for deals … Continue reading James Disney of Credit Suisse: “The Sky’s the Limit”
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Switzerland – October 10, 2017 – Global Jobcoin, world’s first cryptocurrency for employment services, raised more than $7 Million in just a few days after announcing its presale. Powered by successful Swiss international Job Platforms Jobstoday….
Switzerland – October 10, 2017 – Global Jobcoin, world’s first cryptocurrency for employment services, raised more than $7 Million in just a few days after announcing its presale. Powered by successful Swiss international Job Platforms Jobstoday.ch; Jobstoday.de; Jobstoday.at; Jobstoday.pl, Global Jobcoin ICO has become very popular among cryptocurrency investors & enthusiast within a few days. … Continue reading Global Jobcoin Raises More Than $7 Million in Token Presale
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