Bitcoin price is resuming its climb after testing the bottom of the ascending channel visible on the 1-hour chart. The post Bitcoin Price Technical Analysis for 11/01/2016 – Another Channel Bounce appeared first on NEWSBTC.
What has been a consistent and healthy rally up to the $717.99 local high over the past few weeks, has finally hit a wall. While many tops come on bearish news or fundamentals, this one was almost pu]]>
Things just keep getting better and better in our bitcoin price trading. We noted this morning that we would love to see a continuation of the volatility that carried us through the 700 resistance level over the weekend, and that if we did, we would likely be able to pull a decent profit out of […]
Before the weekend kicked off, we highlighted the potential for the breaking of the 700 level to the upside in the bitcoin price as being likely if action continued to move in the way it had done so throughout the week last week. Well, as it turns out, we did see a breaking of this […]
Bitcoin price gave up ground to the dollar on Friday but buyers soon returned at a key area of interest. The post Bitcoin Price Technical Analysis for 10/31/2016 – Uptrend Still Intact! appeared first on NEWSBTC.
Several factors contribute to stability of Bitcoin’s price. ]]>
Bitcoin, the world’s favorite cryptocurrency has surged from $640 to $720 in the past one week. The digital currency has been exhibiting some promising trends this year, in spite of facing drastic setbacks following multiple hacking incidents. As Bitcoin price continues to rally upwards, the expectations for the digital currency’s performance in the coming year […]
People who have been following the Bitcoin price will have noticed how the value increased significantly. With one Bitcoin being worth US$712 right now, things are looking a lot better compared to the period in 2015 The market cap has also surpassed the US$11.3bn mark once again, indicating a very bullish Bitcoin trend. It is […]
Bitcoin price has picked up yet again. The price of the popular digital currency has crossed the $700 mark. Like always, even this time the increase in price is driven by rising demand among the Chinese investors. The latest developments in Bitcoin ecosystem is being closely watched not just by the cryptocurrency community, but also […]
Bitcoin conquered its temporary price barrier to reach over $700 USD for the first time since the first day of Summer. ]]>
Well, there we go, another week of trading the bitcoin price nearly over. As we said this morning, it’s been a great week for our breakout strategy. When tings move like they have done this week, it’s difficult not to profit from the volatility. All we needed to do was set up our key levels […]
Right then. Friday morning, a day left of the business week, and what a week we’ve had in the bitcoin price. There’s been so much volatility that the action has eclipsed that which we saw last week (and comparatively, last week was a lot more volatile than the week before) and we’ve had numerous opportunities […]
Bitcoin price is enjoying stronger bullish pressure that’s pushing it up on a much steeper climb lately. The post Bitcoin Price Technical Analysis for 10/28/2016 – Steeper Climb in Play appeared first on NEWSBTC.
As delayed confirmations coincide with rising Bitcoin price, some say they are related. ]]>
We asked for action in the bitcoin price, and it’s action we got. Things haven’t been this active on the intraday charts for months, and it finally looks like price might make its way through the elusive 700 mark near term. If it does, we expect a considerable upside momentum run as the shorts are […]