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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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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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Gemini to Roll Out Bitcoin and Ether Block Trading

Gemini to Roll Out Bitcoin and Ether Block Trading Cryptocurrency exchange Gemini said Monday that it will roll out block trading for bitcoin and ether starting later this week. The feature – which will allow customers to make high-volume trades that won't appear in the exchange's order book until they've been filled – will go live at 9:30 a.m. ET on Thursday, Gemini explained in a blog post. There's a minimum threshold of 10 bitcoin or 100 ether for the…

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Bitcoin Price Technical Analysis for 9th April – More Bullish Confirmation!

Bitcoin Price Technical Analysis for 9th April – More Bullish Confirmation! Bitcoin Price Key Highlights Bitcoin price is holding its ground as it makes another attempt to test the double bottom neckline. Price has also surged past the descending trend line connecting the latest highs to signal that bulls have the upper hand. Technical indicators, however, still suggest a potential return in bearish pressure. Bitcoin price is showing more factors favoring the bulls, and a test of the reversal pattern’s…

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Bitcoin tide favoring bears and the coming April 17 brings really bad news

Bitcoin tide favoring bears and the coming April 17 brings really bad news If you noticed lately, Bitcoin (BTC), the leading cryptocurrency, has been stuck below $7000. As of Friday, it was in the $6,600 range, dangerously close to the $6,400 when the market ‘bears’ bet the crypto is on a downward path. What’s worse is that the US tax season is upon us, and every Bitcoin holder living in America is taxed on their capital gains, and they will…

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Your bank will not allow you to buy bitcoins anymore

Your bank will not allow you to buy bitcoins anymore You will not be able to buy cryptocurrency via banks or e-wallets etc. in India anymore as the Reserve Bank of India (RBI) has banned them with immediate effect from "dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies". RBI, while announcing its first bi-monthly monetary policy for the FY 2018-19, has announced that any entity regulated by them such as banks,…

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Bitcoin Price Technical Analysis for 5th April 2018 – Next Potential Support Zones

Bitcoin Price Technical Analysis for 5th April 2018 – Next Potential Support Zones Bitcoin Price Key Highlights Bitcoin price is trending lower still after recently pulling back to a descending trend line on its 1-hour time frame. Price is eyeing the next downside targets marked by the Fibonacci extension tool. Technical indicators are giving mixed signals, but it looks like bears could still win out. Bitcoin price has resumed its slide after a quick pullback, possibly attempting to make new…

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