After dropping from around $10500 over the weekend, Bitcoin has been roaming around the 9500 price zones, an indicator of weakness in buying pressure. Inversely, the bears appeared to be defending the $10000 resistance. Still, BTC is up by +2.60% overnight as we can expect a more positive move to play out if the buyers […]
Bitcoin surged almost +50% gains over the last two days of trading, following the October 25 sudden price increase that made BTC hit $10500 – the September drop level. The price has dropped and Bitcoin is now trading at around $9500 which makes the market to remain bullish. However, Bitcoin is up by +3.92% and […]
Kryptoin Investment Advisors, an asset managing corporation in Delaware has submitted a proposal to roll out a Bitcoin Exchange Traded Fund (ETF) with the Securities and Exchange Commission. The Bitcoin ETF In the documentation released by the SEC, it was pointed out that the fresh Bitcoin ETF Trust by Kryptoin will be sold on the […]
While the bulls anticipated for a retest at $9000 resistance zone, Bitcoin caught traders unaware with a violent breach on $7700 support yesterday. Where erasing the memory of retesting the $9000, the $7700-$8000 price ranges are now key resistance zones for a possible retracement. Following a sharp rebound at $7300, Bitcoin is now waiting at […]
According to a press release on the 15th of October, Bitstop, a Bitcoin ATM enterprise, has launched a Bitcoin ATM at the Miami International Airport. The ATM is stationed at the concourse G after gate 16. Strategically Located The enterprise has said that the machine was strategically situated, considering that Miami’s airport is number 3 […]
Following the latest bullish swing, Bitcoin has again turned away from the $7700 short-term support and now roaming around the $8200. The yesterday’s bullish break gave the buyers another buying opportunity to $8600 which may occur in the next couple of hours if the buyers continue to show strong commitment. Meanwhile, Bitcoin is relying […]
After mounting support at $7700, Bitcoin is now caught in a consolidation mode for the past three weeks, although the price was rejected at $8800 October 11. The slight drop below $8000 has made the bears turn at the $7700 support on a third attempt. Bitcoin should bounce back to $8600 if the bulls can […]
Knowing the Ask, Bid, Offer and Buy prices and how they pertain to Bitcoin can assist you in getting acquainted with pricing and market risks. Understanding how to navigate the market is a vital part of evolving into a profitable trader. Ask Price An Ask price is the least amount a possible trader is ready […]
Bitcoin (BTC) Price Analysis – October 14 Following last week unexpected rebound, Bitcoin touched $8800 after plummeting to $7733 support on September 24. But today, BTC dominance has dropped to 66.4% along with a current price reduction of -0.88%, making the market to trade below $8300 zone. This is due to the recent bearish interest […]
