Tag: bitcoin price

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Saxo Bank Officials Fear Bitcoin Will Crash to $1,000 Soon No Comments

It is always refreshing to see some new Bitcoin price predictions. The opinions are pretty divided on this front right now. According to Saxo Bank, the Bitcoin bull run will continue for quite some time. Reaching $60,000 per BTC is not entirely out of the question. However, one shouldn't underestimate the developments in Russia and China. Both nations may collude to create a powerful competitor. ...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Upside Drift Above $20,000 No Comments

Key Points Bitcoin price is gaining pace once again and is currently trading above $18,000 against the US Dollar. There is a monster bullish trend line forming with support at $17,000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is moving higher and it might soon break the $20,000 level for more gains in the near term. Bitcoin price is surging higher towards $2...


Bitcoin Price Watch; Here’s What’s On This Weekend No Comments

We are closing in on the end of the European session on Friday and that means one thing – that the week is almost over. At the end of last week, we saw bitcoin run to an incredible degree as markets loaded up on positions ahead of the introduction of bitcoin futures to the market. We said this morning that we were hoping to see more of the same this week (i.e. a solid run to the upside) and we'v...


Bitcoin Price Watch; Priming For A Spike? No Comments

And that's pretty much the week over in the bitcoin space, with things about to kick off for the early European session and calling for our penultimate intraday analysis. Overnight action in the bitcoin price was pretty strong, with BTC jumping to as high as 17,750 on some of the major exchanges before dipping slightly towards current levels. It was this time last week (well, in a little while)...


Bitcoin Price Technical Analysis for 12/15/2017 – Bulls Are Returning! No Comments

Bitcoin Price Key Highlights Bitcoin price looks ready to resume its climb and the Fib extension levels show how high it can go. Price is currently testing the 38.2% extension and could still make its way up to the ascending channel resistance. Technical indicators are reflecting bullish momentum but could also be hinting at rally exhaustion soon. Bitcoin price has bounced off its mi...


Bitcoin Price Watch; Here’s What’s On Tonight No Comments

So that's another day drawn to a close in the bitcoin price space and it's time to take the second of our twice daily looks at how bitcoin has performed over the last twelve hours or so and how we can interpret this action and formulate a strategy with which we can try and draw a profit from the markets going forward. In a nutshell, things have been relatively flat over the last few days. We...


Bitcoin Price Watch; Here Are Today’s Key Levels No Comments

Here we go on another day of trading in our bitcoin price efforts and it's time to get some levels in place that we can use to try and draw a profit from the market if and when things move. Things have slowed down a little in terms of outright runs over the last few days and we're guessing that this is symptomatic of nothing more than a bit of profit taking on the back of last week's run. Wh...


Bitcoin Price Technical Analysis for 12/14/2017 – Short-Term Selloff Underway? No Comments

Bitcoin Price Key Highlights Bitcoin is in another day of consolidation and may be in for a few more losses as it formed a short-term reversal pattern. Price has formed a small head and shoulders on its 1-hour time frame and appears to have broken below the neckline. This comes after a move below a short-term ascending trend line. Bitcoin could be in for a few more losses from here a...


Bitcoin Price Watch; Here Are Tonight’s Key Levels No Comments

So we are now closing in on the end of the day in Europe and it's time to take a look at how action matured throughout the day in the bitcoin price today and – in turn – to put forward a strategy that we can incorporate into our operations in an attempt to pull a profit from the market on any volatility. As ever, before we get started, take a quick look at the chart below so as to get an id...


Bitcoin Price Watch; Breakout Only Right Now No Comments

So we've come to the start of another day in our bitcoin price trading efforts and we're just about midway through the week in Europe. Things have been pretty interesting this week so far and we've seen a bunch of fresh inputs impact price. Last night, we jumped straight into the action so as to avoid missing out on any potential entries and – this morning – we're going to do exactly the sa...


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