Bitcoin Price Analysis: Market Conditions Suggest a Bigger Move is Brewing

Bitcoin price has had a blistering start to the week up 10.6%, hitting highs on Tuesday of $4,000, stirring some distant memories of the 2017 bull runs. We take a pause mid-week to consider what might be next now we have already hit the target discussed on Monday. 1-Day Chart Bitcoin price is up 1.5% ahead of the US session kicking off. With previous…

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Bitcoin Price Touches $4K On Biggest Daily Volume Since May

The Bitcoin price succeeded in holding above $3900 February 20 after a sudden bull run brought the largest trading volumes since May 2018. Bitcoin Volume Sets 9-Month Record Data from Coinmarketcap confirmed the return to form for both price and volume over the past 72 hours, Bitcoin rising around 10 percent February 18 and touching the $4000 mark on Bitstamp yesterday.  BTC/USD…

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Bitcoin Price Eyes $4000 As USD LocalBitcoins Trading Volume Quadruples

The US has experienced its largest jump in bitcoin volume over the past week on LocalBitcoins. Over $31.5M worth of BTC was traded on the platform as bitcoin price looks set to test the $4000 resistance level next.  ATH USD Trading Volume on LocalBitcoins Data from Coin Dance shows that USD trading volume on the popular over-the-counter bitcoin trading platform LocalBitcoins has reached…

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Bitcoin Price Analysis: BTC Bulls Charge Towards $4,000

Bitcoin price finally broke out of a ten day consolidation above $3,500 this morning, having held the 38.2% retracement level for the majority of last week. We take a look at what this means going into the week.  Bitcoin Price: Weekly Chart The weekly Bitcoin price chart shows that bitcoin bulls defended previous resistance of $3536, turning it into support and…

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Bitcoin Price Analysis: Bulls and Bears Starting to Feel the Pinch

Bitcoin price ran up to $3700 but that moved has been capped for almost a week, with price meandering in a tight range with failed breakouts to both the up and downside much to the frustration of the bears and the bulls.  This now looks as though it could be coming to a conclusion. Bitcoin Price: 4-Hour Chart Looking at the…

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Bitcoin Price Analysis: $4000 in Sight After Last Week’s Bullish Move

As Bitcoin price finished the week with a strong move to the upside, we take a look at what this means for the Bulls and Bears heading into the week. Weekly Chart Bitcoin price closed the week at $3,650 (+6.9%) after finding support at the 50 week moving average, which propped the price up above $3,300. The candle formation on the…

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Bitcoin Pioneer: Next BTC Price ‘Act’ Will See $250K

Mark Jeffrey, author of 2013 book, ‘Bitcoin Explained Simply’, remains bullish on the future of bitcoin, despite the current climate. Drawing analogies to a supercharged dot-com boom-and-bust cycle, he predicted future growth to a price of $250,000. Coin Wars We may be currently experiencing crypto-winter, hodling together for warmth, but Mark Jeffery thinks this should not be surprising. The early Bitcoin-pioneer…

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Bitcoin Price Surges 11% Hitting The $3,700 Target

Bitcoin price surged 11% after being led by Litecoin’s impressive 30% move earlier in the day. The cryptocurrency market is also up 10% as a whole at the time of writing. Bitcoin Price: 1 Day Chart As Bitcoinist reported on Monday, we were expecting a volatile week and as Friday came it did not disappoint, with Bitcoin price blasting out of…

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Bitcoin Price Slides as Bulls vs. Bears Eye Key Battle at $3,000

Bitcoin price (BTC) experienced another leg down in the past 24 hours, dropping almost 2 percent on the day. The cryptocurrency is currently sitting at its lowest point since mid-December 2018.  Lowest Bitcoin Price Since Mid-December Earlier this week Bitcoinist reported that Bitcoin is in for volatile days ahead. As outlined, the key levels to keep an eye for during the week will…

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Bitcoin Price Now Hinges On 50-Month Moving Average

BTC traders were concentrating on one metric in particular this week as Bitcoin price slowly slides towards $3000. Bitcoin’s ‘All Over’ Scenario The largest cryptocurrency had recovered from fifteen-month lows over the weekend around $3130 to trade around $3200 at press time December 17. In the short term, however, the situation could deteriorate exponentially, veteran trading guru Tone Vays warned in…

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