Trump, price dots and COVID-19: 5 things to watch in Bitcoin this week

Trump, price dots and COVID-19: 5 things to watch in Bitcoin this week

Donald Trump boosts markets with improving health prospects, but coronavirus is taking its toll — Bitcoin eyes macro moves. Bitcoin (BTC) rose to highs of $10,730 before settling lower on Oct. 5 as markets fluctuated in line with United States President Donald Trump contracting COVID-19.Cointelegraph takes a look at the factors set to influence BTC price action this week, as the virus and its consequences dictate the macro mood.Trump health sends markets higherPresident Trump buoyed markets late Sunday as traders priced in the possibility that he would leave hospital on Monday after....


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Bitcoin Price Watch; Closing Out The Week

Here's a look at what we are focusing on in the bitcoin price this morning. So there we go. Another week pretty much complete, and it’s been a big one for many reasons. Trump is heading to the White House, the bitcoin price has made a series of fresh highs, and sentiment seems to be on the up. We’re expecting this sentiment to maintain throughout the weekend and into next week, so 800 is looking more and more of a possibility. Yes, we’ve got $80 or so to go before we crack this level, but we’ve seen bigger moves over a couple of days, and we’re going to be optimistic. So, with this in....

Bitcoin Price Watch; Monday Morning Trading

Here's a look at what we are focusing on in the bitcoin price this morning. So that’s another weekend out of the way, and considering what we saw in the bitcoin price heading into the close of the week last week, things we’re relatively flat. In the second of our twice daily bitcoin price watch pieces on Friday, we noted that there looked to be plenty of volume pushing the markets throughout the day, and that this might be indicative of some weekend long volatility. As it turned out, this wasn’t the case. Things remained pretty inactive (at least, that is, from a price perspective) and we....

Bitcoin Price Watch; The Morning After The Night Before

Here's a look at what we are focusing on in the bitcoin price this morning. Whatever your political persuasion, last night was a long night, and is likely still continuing for many across the US. Celebrations, commiserations, whatever is in order, we’re going to inject a dose of normality and stability in to your day with the first of our twice daily bitcoin price watch analyses right here. For those that couldn’t bear to watch, we’re going to spoil it for you now – Trump won. What that means for the bitcoin price remains to be seen. My initial thoughts right off the bat are that we will....