Bitcoin Price Whipsawing Below $250

The key word of the last week has been whipsaw. This term is applied in trading circles when the price head’s in one direction, and then is quickly followed by a movement in the opposite direction. The price of Bitcoin has entered a period of high volatility and is whipsawing all over the place. A few simple words here: traders beware. It is time to be vigilant and wait for the price to resolve it itself one way or the other and form a trend before putting money to work. The chart below shows how hard it has been to predict the price movement as we have moved from bearish to bullish back....

Bitcoin Price launched higher in spectacular fashion shortly after publication of yesterday's analysis. Price had spiked above $300 in some exchanges, and BTC-China momentarily achieved a high last seen in November 2014. This analysis is provided by xbt.social with a 9 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 13h39 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: In hindsight, the price action since the 8th, was clearly a base building phase.....

The statement appears as Jerome Powell keeps the door open for a 0.5% rate hike in the summer and Fitch Ratings warn about a major slash in the U.S. gross domestic product (GDP). Bitcoin (BTC) has the potential to become a "good bet" for investors if the Federal Reserve does everything it can to keep the U.S. economy afloat against impending recession risks, according to popular analyst Bitcoin Jack.The independent market analyst pitted the flagship cryptocurrency, often called "digital gold" by its enthusiasts, against the prospects of further quantitative easing by the U.S. central bank,....

The Monacoin price had a terrible week. The "Japanese Dogecoin" saw its price fall by more than 20%, including more than 10% in the past day alone. However, the Monacoin price has historically been very volatile, and the recent price decline is not an unusual occurrence. CCN examines this altcoin price movement. Also Read: Dogecoin Price Rocket-ship Runs Out of Fuel. Monacoin Price Falls. The Monacoin price as 17,725 satoshis on October 9. The next day, it rose slightly to 18,930 satoshis. That mark would prove to be Monacoin's weekly peak. On October 11, the Monacoin price declined to....

Bitcoin, among other coins, saw both an increase in price followed by a hefty decrease in price shortly after. Bitcoin broke $300 after nearly a month of steady price gains. Unfortunately, the price was not able to stay there for more than a couple of days and since then price has fallen. While the price has attempted on multiple occasions for reentry into $300, the highest Bitcoin has been this week $294. Price has continued to decline and seems to be hovering in the upper $270’s as of right now, equating to a 4% decline for this week. With a current price at $276.95, and 24-H volume of....