Donald Trump's victory is incredibly impressive mainly because it shows that unexpected things can happen that can catch many off-guard. Currency and stocks are always on the move and traders utilize major events to manipulate the markets and create profit for themselves. With the positive initial change, it is suggested that a significant portion of…

Bitcoin markets moved away from the bearish market sentiment surprisingly quick. Buying pressure broke through resistance today, and in spite of the fact that support hasn’t formed below the newly reached levels it looks like selling pressure didn’t manage to suppress the price rise. Major Signals A significant but stable stream of buy orders lead…

The increased trading volumes in BTC/USD markets in the last couple of days hasn’t managed to keep selling pressure and resistance down. Substantial buy orders are suppressed by sell walls, and the price keeps dropping below the $730 level. Major Signals Volatility seems to be a major factor in the market today as volumes are…

Bitcoin’s price fell below 730$ multiple times in the last couple of days. Now, a sideways trend seems to be making rounds in the market after a spike helped the price recover from a fall down to $722 earlier today. Major Signals Major resistance at $735 makes it look like a breakthrough above this level…

Bitcoin users have the option to compare various exchanges based on exchange rates and choose the cheapest option. The next step is to determine the cost of obtaining bitcoin from brokers or trading platforms and to compare the money spent with the total amount of bitcoins received. The usual thing to do is to compute transaction…

Some rather unexpected back to back sell orders caused a substantial price drop yesterday, making BTC/USD reach a bottom of $720. Thankfully, this bearish takeover didn’t manage to cause a price drop below that level, but previous support levels were still breached, and the outlook isn’t bright. Major Signals The market is still bearish after…

Golem Network is the very first decentralized global market for computing technology. It used to be the third-biggest Initial Coin Offering (ICO) platform. Proceeds are allocated to improve large-scale objectives of financial technology. Golem is one of the few Blockchain technology start-ups building decentralized internet platforms. The Golem Project came up with an ICO to subsidize…

Volumes seem to have picked up after the bottom of $730 was reached yesterday. The price did peak above $740 in the meantime but today traders are waking up to some large sell orders as profit taking comes into play. Major Signals Support at $730 wasn’t breached and remains around that level. Selling pressure…

Franz Gruter, Member of Parliament of Switzerland, filed a motion to limit or moderate regulatory encumbrances of Blockchain start-ups by controlling the legal meaning of “Client deposit”.  23 other MPs from different major parties supported and signed said Motion. Companies that handle finances of clients (Swiss Francs, Bitcoin or any other currency for that matter) are…

Traders saw BTC/USD managing to break above $750 and stay above it for a short period of time yesterday, yet in the end, selling pressure to outweigh buy orders once again. Support at this point doesn’t seem nonexistent, but it’s underlying at around $730. Major Signals Increased volatility as a result of the recent breakthrough…