Bitcoin Price Watch; Ascent towards $1,000

Bitcoin Price Watch; Ascent towards $1,000

In the last 24 hours, Bitcoin price continued on its ascent despite undergoing small corrections. Things are picking up for Bitcoin. International media is currently going gaga over the digital currency’s massive rally, which has ultimately bagged more attention from mainstream investors. Especially in China and India, investors are looking into Bitcoin as an alternative amidst the ongoing currency devaluation and demonetisation drive, respectively. In the last 24 hours, Bitcoin price continued on its ascent despite undergoing small corrections during the European session. But with the....


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Bitcoin Price Watch - Bears Holding Firm

Yesterday afternoon, shortly before the markets closed in the UK, we published our bitcoin price watch piece highlighting the levels we would be keeping an eye on in the BTCUSD as the bitcoin price matured overnight. We've seen some considerable movement throughout this maturity, and our parameters - in terms of levels to watch - have changed. With this said, what happened overnight, and what will action around particular levels tells about a potential intraday bias as we head into a fresh day of trading? Take a quick look at the chart. As you can see, action in the bitcoin price overnight....