How Strong Is Bitcoin’s Push Above $12,000?
Who has the most recent bitcoin move right, the bulls or the bears?
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Ethereum has undergone a strong rally over the past few days amid a Bitcoin push higher. In the past seven days, ETH has gained around 10%, pushing from the $370 region to $410 as of this article’s writing. ETH is expected to push higher as there are fundamental and on-chain trends that favor bull trends. […]
Bitcoin’s price has been consolidating in the time following its strong surge up to highs of $11,400 The cryptocurrency has yet to revert any of these gains and appears to be gearing up for another big push higher Where the market trends next will likely depend on BTC, as it has been firmly guiding the altcoin crypto market One analyst is now noting that Bitcoin could soon see a move to over $14,000, but he […]
Bitcoin price struck a new yearly high of $794.39 on the Bitstamp Price Index (BPI) today as the cryptocurrency continued its collective surge in 2016. Having started the year at $432 in trading, the price of bitcoin to the USD has gained a remarkable 80% so far. With less than a fortnight to go, 2016 has proven a strong year for the cryptocurrency. At the crack of Monday (UTC), price was already trading at $788.46. Shortly after, a flurry of activity saw price jump to $791.39 in a 20-minute period. Subsequently, steady trading ensued in the early hours of the day before bitcoin charted a....
Bitcoin’s price action has been largely favoring sellers throughout the past several days and weeks, with bulls unable to catalyze any strong momentum while the cryptocurrency continues facing intense selling pressure each time it attempts to push higher. The lack of sustainable momentum seen throughout the past few days and weeks has struck a serious […]
Bitcoin bulls bought the dip and produced enough momentum to send BTC price to a new all-time high above $36,500. Bitcoin’s (BTC) parabolic rally intensified on Wednesday, as the price broke above $36,000 for the first time, sending a strong signal that the bull market still has further room to grow.The flagship cryptocurrency peaked at $36,574.47 on Bitstamp, easily surpassing its previous all-time high. The price has gained 8% on the day and more than 25% over the past week. At press time, Bitcoin was trading at $36,367.BTC/USD daily chart. Source: TradingViewAt the current value,....