Bitcoin Plunges 8% to $30,500 Amid Rapid Weekend Price Action
After peaking at $33,350 earlier today, Bitcoin plunged as low as $30,000 on leading exchanges just minutes ago. Yet in spite of this rapid sell-off, buyers have stepped in to buy the dip. BTC now trades for $31,300 and is up in excess of 7.5% in the past 24 hours. Altcoins, such as Ethereum, remain […]
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The XRP price saw a rapid increase alongside the rest of the crypto market over the weekend, bringing its price finally above the $0.53 mark. Amid this increase in price has emerged a pattern that suggests what might be going on with the altcoin. Real Volume Amid XRP Price Rally In the real volume chart […]
Bitcoin has seen an absurd amount of intraday volatility over the past day amid the best price action in many months. The coin currently trades for $12,900, a few hundred dollars shy of the daily and year-to-date high set just minutes ago at $13,250. Bitcoin plunged as low as $12,600 on futures platforms during that […]
Bitcoin plunged as low as $34,500 on Bitstamp just minutes ago as buying pressure finally began to subside heading into the weekend. After peaking at $42,000 late last week, the cryptocurrency’s price action began to taper off heading into the weekend. This culminated in a strong flush lower over the past few hours that brought […]
On Friday evening, shortly before the markets close in Europe, we published our twice-daily bitcoin price watch piece. In the piece, we highlighted levels that we would be keeping an eye on throughout the weekend in the bitcoin price, and suggested where we would look to get in and out of the market according to our intraday bitcoin price breakout strategy was concerned. Now action has matured, and as we head into a fresh week's worth of trading in the bitcoin price, what of levels that were keeping an eye on, and where will we look to draw profit today? Take a quick look at the chart. As....
Here's a look at what we are focusing on in the bitcoin price this morning. Here we go then. Another week’s worth of trading under our belt in the bitcoin price, and a fresh week ahead of us. At the end of last week, we set up against some slightly wider than normal weekend action. We looked at the hourly charts as opposed to the minute charts, and put a framework in place that was designed to take advantage of any longer-term weekend volatility – that is, something slightly outside of the traditional intraday momentum. As things turned out, this strategy worked pretty well. Action over....