David

Is Bitcoin Repeating Its own history

2014 Bitcoin crash layout by trader babyjungle — published April 20 . 2 weeks ago I found this fractal made from trader @chewner. We all know that trading is based on news and history, and it was funny just to watch how the price was following almost exactly the same path as in 2014. Of course now the scenario is quite different, we are not in a massive adoption yet, but there is a lot of industry and big players…

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What is the price of bitcoin today – Why is BTC rising

What is the price of bitcoin today? Why is BTC rising? BITCOIN prices are back on the rise today, as the cryptocurrency posts strong results mid week. What is the price of bitcoin today? Why is BTC rising? Midweek charts show bitcoin prices are back on the rise. The cryptocurrency has been steadily rising overnight, increasing by more than 2.44 percent in the last hour. Bitcoin prices were trading at $8,239.66 as of 4.30pm today. The rest of the cryptocurrency…

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Bitcoin, Ethereum, Ripple, Monero Prices Surge–Is The Train Leaving The Station Again

Bitcoin, Ethereum, Ripple, Monero Prices Surge–Is The Train Leaving The Station Again Shaking off a host of negative news, major cryptocurrencies like Bitcoin, Ethereum, Ripple and Monero continued to surge recently. Bitcoin is up 2.05% over the last 24 hours and 17.53% over the last seven days, Ethereum is up 1.95% and 21.74% over the same periods, while Ripple and Monero registered even higher gains—see table 1.   Table 1 7d Price Change For Major Cryptocurrencies Cryptocurrency %24h %7d Bitcoin…

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Bitcoin Price Technical Analysis for 18th April – Look Out for this Reversal Pattern

Bitcoin Price Technical Analysis for 18th April – Look Out for this Reversal Pattern   Bitcoin Price Key Highlights Bitcoin price is forming a head and shoulders on its 1-hour time frame to signal a potential selloff. Price already seems to be breaking below the neckline to confirm that sellers have the upper hand. Technical indicators are still suggesting that the uptrend could carry on, though. Bitcoin price formed a short-term head and shoulders pattern, which is a classic selloff…

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Bitcoin Price Technical Analysis for 17th April 2018 – Another Pullback Zone to Watch

Bitcoin Price Technical Analysis for 17th April 2018 – Another Pullback Zone to Watch Bitcoin Price Key Highlights Bitcoin price recently broke out of its descending channel to show that an uptrend reversal is underway. Price hit resistance at $8450 and is gearing up for a pullback, possibly until the broken resistance. This lines up with several inflection points, so plenty of limit orders may be located in this area. Bitcoin price looks ready for a pullback to a key…

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HODL On – In Defense of Bitcoin’s Best Investment Strategy

HODL On – In Defense of Bitcoin's Best Investment Strategy In 1987's Black Monday stock market crash, Sam Walton, the world's richest man, lost more than half a billion dollars in a few hours. When reached for comment, Walton said, "It's paper anyway. As far as I'm concerned we're focusing totally on the company doing well and taking care of our customers." He didn't care about dollars; he cared about his asset Wal-Mart, and he still owned that. History of…

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Tim Draper Predicts Bitcoin price to hit $250,000 in 4 years

Tim Draper Predicts Bitcoin price to hit $250,000 in 4 years According to Bitcoin bull Tim Draper, cryptocurrency could reach $250,000 in four years.   Tim Draper, the founder of Draper Fisher Jurvetson, wrote on Twitter about this on: He also mentioned that earlier he tweeted a prediction about mistakenly posting $25k instead of $250k. The investor, who commenced investments in Skype, Tesla, Twitter, and SpaceX, is known to have bought Bitcoin worth $30,000 from the U.S. government in 2014.…

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A Bullish Sign Returns For Bitcoin, Ethereum, Ripple, EOS, And Other Cryptocurrencies

A Bullish Sign Returns For Bitcoin, Ethereum, Ripple, EOS, And Other Cryptocurrencies Major cryptocurrencies like Bitcoin, Ethereum, Ripple and EOS have been on fire lately. Over the last seven days, Bitcoin is up 21.80%, Ethereum is up 39.36%, Ripple is up 40.89% and EOS 51.84%–see table 1. Table 1 7d Price Change For Major Cryptocurrencies Cryptocurrency %7d Bitcoin 21.80 Ethereum 39.36 Ripple 40.89 EOS 51.84 Source: Coinmarketcap.com 4/13/18 at 10:30 a.m.   The cryptocurrency rally extends across the entire chain.…

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Bitcoin Breakout – Price Jumps $1K in 60 Minutes

Bitcoin Breakout – Price Jumps $1K in 60 Minutes   Bitcoin rallied over $1,000 in an hour this morning, having spent a better part of the last two weeks trading sideways in a narrow price range. The cryptocurrency clocked a two-week high of $8,055 soon before press time and is currently trading at $7,850, according to CoinDesk's Bitcoin Price Index. The move marks a 13 percent gain from the previous day's close of $6,939. It appears short liquidation or unwinding…

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Bitcoin Cash Price Technical Analysis – BCH USD Could Test $700

Bitcoin Cash Price Technical Analysis – BCH USD Could Test $700 Key Points Bitcoin cash price is moving higher and is currently placed above $650 against the US Dollar. Yesterday’s highlighted connecting bullish trend line with support at $650 is intact on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is showing bullish signs and it seems like it could break $680 to test the $700 handle. Bitcoin cash price is gaining pace against the…

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