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 […]
The United Nations International Children’s Fund (UNICEF) has just released a cryptocurrency fund that will take in, handle and allocate payments in cryptocurrency denominations including Bitcoin as well as Ether, in a bid to finance the adoption of open source technology for kids across the globe. This development was declared openly on the 9th of […]
The United States Securities and Exchange Commission has turned down Bitwise’s proposal to launch a Bitcoin ETF. The SEC announced on the 9th of October that the ETF proposal from Bitwise did not meet essential regulations regarding probable market manipulations and unlawful activities. The regulatory authority stated in a report that the company did not […]
Bitcoin (BTC) Price Analysis – October 9 For the past 15 days now, Bitcoin has been undergoing a consolidation phase after bouncing off at $77000 area in late September. With -0.29% loss over the past hours, the BTC price now fluctuates at around the $8200 zones. As the market waits for the next shock-wave, Bitcoin’s […]
