Bitcoin Price Analysis

Here’s Why Bitcoin Short Positions Could Be in Dangerous Territory

Bitcoin and the aggregated crypto markets have been caught within a firm bout of sideways trading since this past Saturday, with this lack of decisive momentum making it incredibly unclear as to where the markets will head next. In spite of this, Bitcoin has been able to hold above multiple key levels, leading some analysts...
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This Technical Signal Suggests Bitcoin is Bound for a Massive Short-Term Movement

Bitcoin has found itself caught within a firm consolidation phase over the past several days, which has come about following the cryptocurrency’s recent rejection at $9,200. Following the downwards movement that resulted from this rejection, BTC has found some stability around $8,600. In the near-term it is important to note that Bitcoin has found some...
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Gold Bug Claims Bitcoin Has No Market Value Because He Forgot His Wallet’s Password

Prominent gold bug Peter Schiff hasn’t been one to hide his opinions on Bitcoin and digital assets in general, frequently railing against them in tweets to his nearly 200k followers. Today, however, his critiques of Bitcoin took a more personal turn when he slammed the cryptocurrency for not having any market value after he was...
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Bitcoin is Holding Above a Key Support Level as Bulls Guard from Further Losses

After an extended period of trading sideways around $8,800, Bitcoins bears have been able to push the cryptocurrency lower and put it at risk of breaking below multiple key support regions that have been bolstering its price. Analysts are now widely noting that BTC is currently sitting at a key short-term support level that bulls...
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BTC, BCH & BSV Following Go Green Trend This Bitcoin B’Day?

It is a great day for the crypto market today as most of the cryptos are trading in the green zone. After a stressful plunging downtrend, crypto investors and traders can breathe a sigh of relief. Among all the cryptos, Bitcoin family has emerged as a winner regarding the price rise. Bitcoin’s 11th birthday can...
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BTC Price Update Shows Next Stability Range Is $7,400

The major social video platform YouTube admits that there was an error with some of the cryptocurrency-related videos which were deleted by the giant this month. After several days of unilateral deletions and a lot of buzz in the Bitcoin and altcoin news, the video giant finally put an end to the non-communication and responded...
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Bitcoin Price Analysis for December, 27th – BTC Slightly Declining at the End of the Year

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, December 27th, the activity shrunk to a minimum. The leading cryptocurrency is trading at $7181.00 and declining slightly. Judging by the dynamics on D1, market participants are aimed at 76.0% ($5700.00) but stopped yet near 61.8% Fibo. At the decline, there is a convergence on the...
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Bitcoin Price Holds Ground As Market Prepares To Take A Turn

The Christmas shopping season is officially open and there are many places which accept payments in cryptocurrency. As the latest Bitcoin and altcoin news and rumors show, online retail giants are turning to crypto and have made purchasing wonderfully simple for the average person.However, big players such as Amazon and eBay have yet to make...
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Crypto Market Rebounds – BTC, XRP, ETH, BCH Price Analysis

After a large spell of a downtrend, the crypto market seems to be holding ground for the last 24hrs. The cryptos have bounced back remarkably since the same time the previous day. Let us analyze how each crypto – BTC, XRP, ETH, BCH- is affected. Data collected from CoinGecko BTC  The leading crypto Bitcoin has...
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Is Bitcoin Now Bullish Or Bearish: Examining The Scorecard

The price of Bitcoin has visited new lows below $7,000 recently and before that, closed the second week of December above $7,000. The latest crypto news show that BTC is down by more than 8% for the week and is trading around $6,923 at press time. This makes many people wonder and ask is Bitcoin...
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BTC Retracement To $7,150 Could Mean A Visit To $7,800 Soon

The BTC retracement to the $7,150 level could mean that the next price level for the largest cryptocurrency will be $7,800 as per the crypto analyst and trader Crypto Michael. Checking on the charts, we discuss more the price and the possibilities for the coin in the bitcoin news now. The BTC trends go back...
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Bitcoin On A Faint Note This Monday Towards $8K: Analysis

Bitcoin on a faint note today as the market showed a lack of sense of direction due to low volatility as we are reading more in the latest bitcoin news today. The benchmark cryptocurrency was trading at around $7,575 after rising up by 0.8 percent since the market opened. The move upside led the asset...
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BTC Can Still Drop To $2,700 Even Now, Even In 2020

The latest Bitcoin news show that the price of the most dominant coin BTC can still drop to $2,700 at any time, despite the recent wave of greens. As this price starts to slowly ascend, the question that everyone has is whether the latest bottom is in or whether there is more pain ahead of...
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New Jump For BTC: $8,500 Is “Again On The Table” According To Analyst

Ever since Bitcoin (BTC) tapped $6,500 in late November, we could see that analysts were wondering if the bottom is really in. In the latest Bitcoin news, we can see that the leading cryptocurrency managed to post a new jump for BTC by 20% from $6,500 and hit $7,850 just a week after that. At...
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Hidden Signs Of Reversal May Drive BTC To $8,200 Soon

This week, we can see that Bitcoin (BTC) continued its trading in the $7,000 region and declined more against the US dollar. At the time of writing, BTC is trading at around $7,570 but analysts say that hidden signs of reversal may drive the price of the cryptocurrency upwards to the highs of $8,200. The...
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Bloomberg Analysts Expect Bitcoin’s Price To Spike Past $10,000

Bloomberg analysts expect that bitcoin’s price will surpass the $10,000 price range despite its low levels of $7,400 and $6,600 as previously reported Bitcoin price news. Bitcoin had a struggling second half of 2019, dropping from a year-to-date high of $14,000 in June to $7,400 as the Bitcoin buyers filed to step in amid the...
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BTC Price Analysis: Bitcoin Price Saw a Relief With Price Surge

With 2019 coming to an end, the crypto market is gearing for a bearish trend, as per the recent market analysis. However, Bitcoin price has seen a bit relief since the last 24 hrs. Bitcoin is by far the topmost cryptocurrency by market capitalization as well as in terms of popularity. The year 2019 has...
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Bitcoin Leaps To $6,000, Returns Quickly To $7,300

The crypto news today show that BTC got caught up in a decline once again, falling by 5% on the day this morning and finding it hard to keep up with the $7,400 margin. Right now, we can see that Bitcoin retests $7,400 again after the sudden uptick started fizzling overnight.According to the latest charts,...
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Bitcoin Faced The Largest Price Drop Of 2019 Despite Slight Increase

Bitcoin faced the largest price drop of the year and it seems that the cryptocurrency is set to end the month on a negative note. Closing below the $8,300 looks like a decent prediction so let’s see further in the bitcoin price news below. The hourly chart continues to urge a move higher to the...
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Boring Bitcoin: BTC Still At $7,500 With No Sign Of Upswing

The latest cryptocurrency news are showing that the price of the most dominant cryptocurrency is still trading around the $7,500 level as the bullish breakout upends the bear market. This is a situation where we see a boring Bitcoin (BTC) – one which does not move in the needed direction and one that forces analysts...
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BSV Price Analysis: BSV Hikes By 13.04% as Others Slowly Recover

With an interesting turn of events, the crypto market is leaning towards the green region for the last 24hrs. Most of the cryptos are showing an increase in price. For instance, Bitcoin is up by 7%, Ethereum by 8% and so on. However, among the top 10. Bitcoin SV (BSV) has shown the greatest increase...
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BTC Futures Data Shows Details About Latest Price Crash

The latest Bitcoin news show that the most dominant cryptocurrency could spend months trading at $5,500 before it finally recovers – which is an analysis from Peter Brandt, one of the best known analysts in the space.As a tweet from Brandt on November 21 showed, the analyst revealed his target for Bitcoin with a floor...
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Bakkt Bitcoin Futures Continue To Gather Momentum Despite BTC Dump

Bitcoin sinks below the $8,800 level and brought the rest of the crypto market along. The leading cryptocurrency got down by more than 4 percent and we are reading further to see more of the price action in the Bitcoin price news today.Ethereum got down by 1.69 percent at $183, XRP as well decreased by...
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Bitcoin Price & Technical Analysis: BTC Returned to Flat

Photo: Shutterstock By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. BTC/USD tech analysis Brexit helps the BTC – Easy Crypto China does not consider mining unwanted activity anymore On W1, the Bitcoin is trying to secure above the resistance line it has overcome. This might mean that the market players are waiting for yet another impulse...
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Bitcoin Price Analysis: Range-Bound Market Set for Bullish Continuation

Summary: The bitcoin market has been range-bound over the last week and a half and is now seeing consolidating volume and a consolidating price structure. The consolidation within our current range is forming an ascending triangle with a $500 move to the upside and a price target of around $10,000. However, a failure to break...
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Bitcoin (BTC) Analysts Call BTC To Fall To $8,600 To Fill The CME Gap

Bitcoin (BTC) analysts have been calling for the cryptocurrency to drop to the $8,600 price range to ‘fill the gap’ of the Chicago Mercantile Exchange for more than a week now. The Bitcoin futures contract on the CME closed at $8,715 which was a strong performance considering that last Wednesday, the leading cryptocurrency plunged to...
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Bitcoin’s Price Stable Above $9K, Can It Push Higher Again?

Bitcoin’s price stable again above the $9K price point while it is still struggling to climb higher above the $9,300 and $9,400 resistance against the US dollar as we are reading in the Bitcoin price news. The price is trading above the key support levels of $9,000 and $8,960 and there was even a break...
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Could Bitcoin’s Price Post Further Gains After Xi’s Pump?

After the latest Xi’pump, could Bitcoin’s price post further gains and capitalize further in the upcoming period? Let’s see if we can find out in the Bitcoin news now. In the other notable news, we saw that the world’s most profitable company is going public and it could be the biggest ever IPO. Also, the...
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Bitcoin Price: Will BTC Paint Q4 Green With Gains?

Bitcoin has been trading sideways for quite some time now. We are now in the last quarter of the year with the end just around the corner. Does BTC look well-positioned to end the year on a ‘green’ note? Let’s see.  Is Bitcoin Price Ready to Hit the Five-Figure Mark, Again? Popular crypto trader and...
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Bitcoin Price Analysis: Market Is Set for Deeper Tests

Bitcoin Schmitcoin Aerospace engineer turned crypto-market analyst. Bitcoin Schmitcoin became popular within the subculture of the Reddit communities and now posts his daily thoughts and market outlook via Twitter and his regular stream on Twitch.tv.Bitcoin Schmitcoin on Twitch.tvBitcoin Schmitcoin: YouTube The post appeared first on Bitcoin Magazine
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