Bitcoin Price Analysis: The Running of the Bulls (Week of July 6)

Bitcoin Price Analysis: The Running of the Bulls (Week of July 6)

BTC price at press time: US$271.39. The fiestas of San Fermin are celebrated in Pamplona, Spain every year from July 6-14. The event has become internationally renowned because of the running of the bulls, where the bulls try to gore wanna-be matadors through the streets of the city's old quarter. Meanwhile, Bitcoin, too, is experiencing a bull run and as of this writing has broken through the 200 day EMA, the last big hurdle in its way. “The price reached a high of ~US$252 and has now come down to ~US$249 and thus far the price has been consolidating above these two moving averages, which....

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Bitcoin Price At A New Moon High?

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Bitcoin Price Key Highlights. Bitcoin's price suffered a quick selloff last week, but the uptrend line on the 4-hour time frame held. This suggests that bulls might be able to stay in control for the remainder of the year, potentially taking Bitcoin back to its yearly highs. Bitcoin prices could make it all the way up to the $500 level if bulls continue to keep pushing higher, although another sharp selloff might be possible. Potential Support Zones. With the end of the year fast approaching, profit-taking activity could take place as traders want to close out with gains. For the bulls,....


The average user should pick up Bitcoin: To experience the future of money. To gain a glimpse into an exciting technology. To learn about how money could be in the future and also become aware of how limited money and banks are today.

Andreas Antonopoulos, Security expert, tech-entrepreneur and the author of “Mastering Bitcoin: Unl