bitcoin news

Bitcoin Gets a Blow of 1%; Falls below $10,300 Bitcoin loses 1% in the last 24 hours and goes below 10,300 USD. The next resistance may come at 10,481 USD. Bitcoin has almost lost 1% over the last 24 hours and ditching the growth pattern it is now below 10,300 USD. The trading range of Bitcoin’s price in the last one day has been between 10,380 USD and 10,102 USD. The medium-term outlook is expected to be bullish. BTC to…

Opinion – We Want Bitcoin Results, Not Predictions Is it safe to say that people are tired of talking about bitcoin? While not necessarily bored by it, they are tired of hearing the same things over and over, one of which is that the currency is about to enter a huge rally of sorts. No More Bitcoin Predictions; We Want to See Change Tom Lee, as reported by Live Bitcoin News earlier today, is back in the limelight again, commenting…

Bitcoin (BTC) Price Weekly Forecast – Slow And Steady Increase Likely There was a downside correction from the $10,954 swing high in bitcoin price against the US Dollar. The price is holding the $10,000 support and it could bounce back in the near term. There is a major bullish trend line forming with support near $10,140 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price could dip in the short term before it starts a…

Analysis – Bitcoin primed for a price break out Bitcoin is approaching an end to a trading pattern, that potentially spans back over 5 months with a $10000 range. Bitcoin is sitting inside a mammoth 5-month trading pattern—with a possible breakout approaching in the next 10 days. The pattern is called a symmetrical triangle, and refers to a chart characterized by two converging trend lines connecting a series of sequential peaks and troughs. Looking back over the last 160 days,…

Bitcoin price analysis – BTC/USD bounced from key support, further growth imminent   BTC/USD managed to push for a reversal from the tested $9,800 support only to hit a snag at $10,200. Bitcoin must settle between $10,200 and $10,400 to allow the bulls to focus on higher levels heading towards $11,000. Many cryptocurrency analysts and experts have become strongly bearish in the past few weeks. This was fueled by the failure to break the psychological resistance at $11,000 even after…