Bitcoin’s Price Teasing Towards New Highs
The past two weeks has seen Bitcoin’s price value soaring to new levels since Bitcoin.com’s last price trend analysis. The fiat value per BTC came very close to this past June’s high but fell short at $778 on December 2. Since then, the cryptocurrency’s price has dipped roughly 2.3% to a low of $748 at press time. However, charts still look as though the....
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Bitcoin’s price trend has continued its upward motion since our last analysis, steadily climbing past the US$800 range. The price value passes a milestone of the highest price average in over three years. Currently, at press time the price per BTC is $810 and charts show little resistance ahead. Bitcoin Now Above $800 Per BTC. The 800s are finally here....
Bitcoin’s relative nascence makes its future price perhaps difficult to predict. There objectively is not as much data in the Bitcoin market as there is, say, in the gold market. Yet, there are numerous indicators which lend key insights into bitcoin’s price trends, and one often overlooked is the recurring halving. We’ve seen Bitcoin reach a previous....
Bitcoin is now caught within an intense uptrend that has sent its price rocketing up to fresh yearly highs, with bulls currently testing these highs as they target further upside This strength has come about due to the confluence of multiple positive news developments and has allowed BTC to far outperform the stock market One bullish result of this recent rally has been Bitcoin’s correlation with the stock market diving to zero This correlation previously […]
Volatility has stayed relatively low through bitcoin’s slow march toward record highs.
It’s happened again, folks. After a stellar increase over the last few days, the bitcoin price has fallen back down to reach a trading mark of around $741 at press time. We’re only a few dollars behind, but the digital currency is following in its “own footsteps.” Bitcoin Price Losing Steam? Not According to Analysts. One source describes bitcoin’s ongoing fluctuations: “It seems prices is teasing us a little at the moment. Just as we get up to the region around which we can start targeting the 800 flat mark as an initial upside target and – beyond that – use it as resistance, the bitcoin....