The past week was a particularly tough one for bitcoin prices. BTC/USD rates went from $2500 down to $1800 levels but prices recovered through the end of the week. Selling pressure got a hold of markets and panic selling ensued to cause price drops below supposed support levels. Yet, in spite of the breach the…
Bitcoin’s price appears to be following a trail of volatility as markets are led contradicting signals day after day. After prices reached highs at price points above $2550 on a couple of occasions, traders appear to be more hesitant when it comes to following up on positive signals as a further break through seems unlikely…
Bitcoin prices are undergoing a rapid change in the market’s sentiment with traders contributing to a dip that pushed bitcoin prices below $2700 levels. This development comes only hours after BTC/USD rates were close to $3000 levels, although amid lower trading volumes. The bearish breakout happens through record breaking trading volumes and selling pressure.
Major Signals…
Bitcoin markets are continuing to showcase that he market sentiment remains somewhat stable in spite of certain tendencies that push the price up and down through trading sessions. Traders are continuing to show some support as breaches have so far been responded with swift recoveries managing to keep prices above $2800 in the longer run.
Major…
Bitcoin markets were hit by a bearish overturn not long after prices peaked above $2800 price levels. The recent bearish wave has pushed bitcoin prices down to $2600 levels is hitting markets under a market sentiment that wasn’t signaling with bearish signals after the peak above $2800 was reached. The extent of the price fall…
Bitcoin markets had several breaches of support through the last trading session, with traders proving unable to hold prices above $2500 in several occasions. In hindsight though, a recent price spike pushed prices above $2500, something that the market appeared ready to welcome with ease. In so far, resistance and selling pressure appear to have…
Bitcoin markets entered another price rise trend through the last trading session, with traders pushing for higher prices through the course of the day. The recent overturn appears to be a result of a more or less collectively acceptable notion that the market’s sentiment is improving as back to back buy orders pushed the price…
Bitcoin markets are continuing to be into a volatility spiral that’s causing prices to swing at both directions rapidly. This is something especially observed within the preceding trading session, after a downward spike causing a price drop down to $2330 levels was followed by a recovery, markets highlighted the potential volatility is showcasing within the…
Bitcoin markets came to a turning point as prices reached close to $2500 price levels through the day. Bitcoin traders are continued to push prices up, beginning from a starting point below $2300 only for the price rise to peak close to $2500 price levels. This development was followed by a swift correction, driven by…
In spite of the rise in trading volumes, the market’s sentiment doesn’t appear to be ready to welcome major bullish developments. Traders are continuing to give into the uncertainty that markets are ruled by at the moment.
Major Signals Bitcoin prices did drop down to a low of price levels down below $2150, yet the…