Bitcoin has bounced back after a bumpy ride over the last few months. Prices surged upward in a steep motion today, showing an increase of over USD 1,000 in only an hour’s span of time according to data pulled from bitcoinity.org. The flurry of trade also set a new hourly record of Bitcoin trading volume, with USD 1.2 billion worth of …
The past trading session has lead Bitcoin prices through a notable price fall. Prices went from levels slightly above USD 7,000 to touching a low of USD 6,600. The day’s signals A large selloff took prices to levels much lower than USD 7,000. With volumes considerably down since past trading periods, the market seems unable to withstand the selling pressure. …
It has so far been a tough day for Bitcoin markets. Trading volumes are up but at the same time, USD prices are down by almost 7%. Traders are now finally taking the hit that the bearish market was signalling for a while now. With Bitcoin prices continuing to dip down even further, the potential for a recovery appears more …
Not much positive progress is to be observed in BTC/USD markets over the last few days. With breaches that are continuing to push prices to new lows, Bitcoin price is now pressured around USD 8,000. The day’s signals Uncertainty continues being a core element of Bitcoin markets with volatility now also increasing. While trading volumes are met with a slight …
The downward trend in Bitcoin prices seems something Bitcoin markets are currently having a hard time getting out of. Traders on BTC/USD markets succumbed to a breach pushing prices below the price point of USD 8,000 that would have been considered a new support prior to the past weekend. The Day’s Signals As trading volumes remain around the same levels, a …
Bitcoin markets went through a period of uncertainty through the day with selling pressure leading to a breach of support that touched the low 0f USD 8,300 across BTC/USD exchanges. Markets appear to be faced with profit taking after the shortlived peak above USD 9,000 on Wednesday. In the end, today’s trading session was met with a characteristic U-shaped recovery. The …
Bitcoin prices are retreating from the high of USD 9,000 reached today across BTC/USD markets. The slightly bullish market sentiment that started from Bitcoin and continued to rule crypto markets throughout the day was halted with an instance of mass selling. The Day’s Signals Traders appear to be fearful of yet another breach with prices experiencing a large drop only …
