Bitcoin markets have been interestingly bullish as FIAT withdrawal issues continue in Bitfinex for another day. Trading volumes might not be astoundingly high yet the existing buying pressure is so far managing to negate the presence of selling pressure. With prices peaking at $1280 levels, it’s now evident that the market’s sentiment is set to…
Bitcoin markets have kept showcasing the indecisiveness of traders. With Bitstamp BTC/USD rates rising above $1250 through back to back buy orders while rates in other markets remain distant. Bitfinex traders experienced a price fall, with BTC/USD rates falling from levels close to $1360 down to $1330 levels. Ultimately though, the premium remains.
Major Signals …
Bitcoin markets might be under a situation where uncertainty is a driving force behind market movements but through the last trading session, the lack of notable developments is hard to miss. In so far, BTC/USD rates at Bitfinex have showed to be under quite a bit of selling pressure, yet prices in the exchange have…
After yesterday's downward price spike was met with quite a bit of support with traders ultimately helping the market avert a selloff, the divide observed through bitcoin's price between Bitfinex and exchanges facing no withdrawal issues has only grown. In so far, traders have showcased that whilst some might fear of the worst, traders other…
Bitcoin markets are under heavy pressure right now as the recently reached $1200 levels are getting closer to being breached by sizeable sell orders. A large downward spike can be observed with BTC/USD rates going down instantaneously. The premium on Bitfinex might have reached a margin close to a $100 difference from market prices but…
Bitcoin markets are still being divided as the run from Bitfinex continues. Whilst what used to be the leading bitcoin exchange suffers from a prolonged block of FIAT transactions, bitcoin traders are buying at a premium in an effort to cash out. This might be putting markets in an odd spiral that’s leading prices up…
In so far, traders seem to be in a fight where the majority of them stands against selling pressure. As large downward spikes are being slowly but stably countered by back to back buy orders.
Major Signals Buying pressure has kept BTC/USD rates on a rising trail in spite of the road being bumpy due…
With FIAT transfers being blocked and delayed over the last few days in Bitfinex, the exchange popular among bitcoin traders might be moving away from being a market leader in the western world. While volumes of Bitfinex’s BTC/USD pairs have gone up dramatically, they’re not representative of real trades as the exchange has traders cut…
Bitcoin markets seemed a little divided over yesterday’s trading session, with BTC/USD rates seemingly having entered a sideways trailing trend whilst trading volumes stagnantly low for what traders had gotten used to. Now, through today’s trading session, a large upward spike pushed bitcoin prices a step closer to $1200.
Major Signals Low volumes rere disrupted…
With trading volumes having gone straight down since the days bitcoin’s price was rallying, not much is observed within markets in terms of developments. Traders are however showing support for levels above $1150, with even buy walls outweighing sell walls. It could be that the underlying support seems stronger in a trading session with such…