• Advertise
  • Submit a Press Release
  • About Us
NewsBTC
Bitcoin & cryptocurrency news
Sensei Inu Logo
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Breaking News: Fed Holds Interest Rates Steady, Bitcoin Awaits Trend Reversal Above $27,000
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Fed Holds Interest Rates Steady, Bitcoin Awaits Trend Reversal Above $27,000
<>
Sensei Inu Logo

Bitcoin Price Rockets Past $300 News; $375-380 Bitcoin High Next?

NewsBTC by NewsBTC
9 years ago
in Technical analysis
Reading Time: 2 mins read

Coinbase Logo Blue CenterBitcoin exchange and wallet Coinbase is experiencing constant growth. After they received $75 million in Investments little less than a week ago, they launched their service and they’ve now opened the first U.S. Based Bitcoin Exchange available in 25 states. The price climbed above $300 and stayed there for several hours today after the news came out, but has since fallen.

The path that lead us below $300

Since 2014, the times that bitcoin has been under $300 are actually not many. After the massive price rise during 2013 we only saw the price hovering below $300 once somewhere between September and November 2014. And while it still rose to ~$350 levels and even traded there for a while, It would be safe to say that it has been declining for the most of January.

Can the resistance be broken once again?

After the price dipped below $300 last year, lots of traders urged to buy bitcoins and the price was back up quickly. Seeing that the price was on the rise for the first time this year, a correction caused the the price to go below 300 again. Still the price is higher than what it was at the beginning of the day. One could even say that the market is once again bullish rather than bearish.

Members of the bitcoin community will often joke about good news. Saying that every time we hear the least bit of good news the price goes down again. But we’ll have to assume that things are not like that in today’s case. As Coinbase launched a regulated exchange, it’s reasonable to say that a lot of confidence is going to infuse traders. Most likely the rest of the world too, as the United States could be considered the world’s center when it comes to the bitcoin economy.  We have several signs indicating that another rise is feasible in the near future.

Images via Coinbase.

Tags: bitcoin exchangebitcoin pricecoinbaseLunarNews
Tweet123Share196ShareSend
NewsBTC

NewsBTC

Related Posts

XRP price bull run

ASO Bullish Cross Reveals Bull Run Start For XRP: Crypto Analyst

4 hours ago
Chainlink

LINK Price Prediction: Chainlink Recovery Stalls But Not Likely Over

8 hours ago
Ethereum

Ethereum Price Plunges After Rejection, Are Bears Back In Action?

9 hours ago
Bitcoin

Bitcoin Price Hints At Potential Correction, Buy The Dip?

9 hours ago
Polygon

Celo Considers Transitioning To Ethereum Layer-2 With Polygon Chain

11 hours ago
optimism

Optimism To Sell 116 Million OP Tokens Via Private Sale: Will The Price React?

23 hours ago

Premium Partners

Play Finance

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit

Press Releases

  • Arbitrum (ARB), Toncoin (TON), and Tradecurve Markets...

    22 mins ago
  • Top Meme and Utility Tokens to Watch Out For in 2023...

    34 mins ago
  • Bitcoin Miners Go Bankrupt As Bitcoin Spark Looks To...

    34 mins ago
  • Massive Potential Unveiled: Hedera, dYdX, Kangamoon, Poised...

    34 mins ago
  • Uwerx’s Recovery Blueprint Ignites Momentum With The...

    3 hours ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play Games
  • Win 8.88 BTC
  • Play Casino Games
  • Play Finance

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.