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What Could Drive Bitcoin Price Back to $5K?

Bitcoin has experienced some wild fluctuations again on Monday. Initially, it surged to a daily peak at $5,823 but then shed almost $1,000 to a daily low $4,857. What can bring the crypto back to a support level of $5,000? Trading Below $5k is New Norm Last Thursday, Bitcoin couldn’t resist the COVID 19-induced panic that crashed stock markets and broke below the $5,000 level for the first time since April 2019. On Friday things […] дальше »

2020-3-17 14:00


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Bitcoin Price $5,000 Support is Now Critical as Bull-Run Fizzles

Bitcoin price fell off its peak close to $5500 to head towards older $5000 support April 11 after a late fresh surge abruptly ran out of steam. $5500 A Push Too Far Data from cryptocurrency exchange Bitstamp, which provides Bitcoin price data often slightly more conservative than other platforms, shows BTC/USD has dropped below $5200 at press time Thursday. дальше »

2019-4-11 13:00


Bitcoin, Gold Strongly Correlated in 3-Week High to Spell Stock Market Disaster

Bitcoin and gold both hit three-week highs on Thursday after a period of highly correlated trading. It comes as the dollar crashes and warning signs flash on the stock market. The correlation strengthens bitcoin’s case as “digital gold” and proves that traders are beginning to treat cryptocurrency like a traditional asset. дальше »

2019-3-21 16:13


Signs That The Bears Are Taking Over Bitcoin

After the market crash on Thursday, the future of a further drop in Bitcoin seems to be a bit brighter according to CoinDesk. The biggest digital currency in the world has been staying relatively steady over the past month but on Thursday there was a massive drop bringing the price down below the $6,500 mark and to the $6,200 level confirming a range breakdown. дальше »

2018-10-13 21:30