• Analysts and enthusiasts everywhere have enjoyed the large rise in the bitcoin price. After breaking $600, the price hovered in the $620 range for a while. Unfortunately, another drop has occurred, and bitcoin now finds itself stuck in the low $600s. Some believe OKCoin deserves the blame for this fall. However, despite the retraction, market patterns still look bullish. Also read: Can an Increase in the Block Size Push the Bitcoin Price Higher? OKCoin Bringing Bitcoin

    OKCoin to Blame for Bitcoin Price Retraction to $600?

    | 2016/09/13 5:00 am
  • The bitcoin price’s new upward path is set to consolidate to even higher price levels beyond $600, according to technical indicators. Also read: Apple Removes ShapeShift From App Store Technical Analysis Long-Term Analysis Prices are quoting in a new scenario pointing to higher levels. Bullish consensus allows a sustained movement that can probably ignore every intermediate resistance from the current quotes up to $820, where the technical objective is calculated. There is not any pattern

    Bitcoin Price Hits $600, Technical Indicators Bullish

    | 2016/09/12 5:00 am
  • Following a spike that brought the bitcoin price beyond the $600 mark, the market temporarily stood at $626 before dropping to $619. A little disappointing, but bitcoin is still better off than where it was just a few weeks ago, and the currency is showing no signs of slowing down in the coming days. Also read: Bitcoin Price Breakout Leads to $600, More Growth to Come? Bitcoin Price and Scalability One analyst writes: “We got what

    Can an Increase in the Block Size Push the Bitcoin Price Higher?

    | 2016/09/10 9:00 am
  • The bitcoin price has done it again! After much speculation, the price of everyone’s favorite digital currency has broken the $600 level, and for the most part, bullish trends are expected to continue. Also read: Bitcoin Price Jumps to $590, Bull Predictions Coming True? Bitcoin Price Set for Continued Rise One source writes: “Price is advancing above $600… It’s hard to conceive how the market will now reverse trend into decline. The declining scenarios mentioned during the past two

    Bitcoin Price Breakout Leads to $600, More Growth to Come?

    | 2016/09/07 5:00 am
  • The bitcoin price has finally recovered after a longer than expected lateral stage, returning to technical patterns forecasting a big rally to $820.  Also read: CM Punk vs. Mickey Gall: Bet on UFC 203 with Bitcoin Technical Analysis: Bitcoin Price Ready for the Moon Long-Term Analysis After a longer than expected lateral sideways movement, traders have finally pushed the bitcoin market into a recovery, allowing the price to return to the technical quote level. There

    Bitcoin Back to Technical Levels, Expect Huge Rally to $1200 Soon

    | 2016/09/06 12:00 pm
  • The bitcoin price is rising like nobody’s business! After a disappointing period of hanging around $570, bitcoin has now jumped to $595 at press time, a near $25 spike that occurred in just a few hours. Also read: Bitcoin Price Prepped for ‘Big Game,’ Analysts Expect Bull Rally Bitcoin Price Confirming Past Predictions Such a rise was to be expected, as discussed in our previous price pieces. The longtime sentiment among analysts was that bitcoin

    Bitcoin Price Jumps to $590, Bull Predictions Coming True?

    | 2016/09/04 5:00 am
  • Despite a recent drop — about two dollars since our last article — the bitcoin price has remained relatively still. The sentiment among analysts is that bitcoin is preparing itself for a hefty move in the coming weeks, but still needs a little more time to warm up. Also read: Bitcoin Price is Preparing for a Monster-Sized Move Bitcoin Price Still Prepping for Big Move, Analysts Say One source explains: “Bitcoin price pulls lower toward horizontal support

    Bitcoin Price Prepped for ‘Big Game,’ Analysts Expect Bull Rally

    | 2016/09/01 5:00 am
  • The bitcoin price is still sliding into a new bullish pattern, but given recent activity, we should expect prices to stay around the same level for a while before major upward movements make their way into the market. Also read: Australia’s Cyber-Intelligence Team to Focus on Financial Threats Bitcoin Price Sideways Longer than Expected, But Markets Still Preparing for New Bull Run Long-Term Analysis According to indicators, as well as bullish consensus, prices are sliding

    Technical Indicators Still Hint at Major Bitcoin Price Rally

    | 2016/08/29 1:00 pm
  • The bitcoin price is hovering around $573 at press time. That’s a two-dollar drop since our previous price piece. Not much has happened, and bitcoin is still residing in its current hovel. Also read: Is the Bitcoin Price Slump Finally Coming to an End? Preparing for a Major Bitcoin Price Rally In our previous article, the notion of bitcoin’s slumping ways coming to an end was introduced. Sentiment across the board was that bitcoin’s sudden decline in

    Bitcoin Price Is Preparing for a Monster-Sized Move

    | 2016/08/29 9:00 am
  • The bitcoin price has slumped again. Following our previous price piece, bitcoin dropped by $6 and is hovering around $575 at press time. However, some signs suggest that the bulls may soon be returning, putting bitcoin back on an upward path.  Also read: Ransomware May Threaten the Future of Bitcoin It’s depressing at first, but most analysts believe that the bitcoin drop may finally be coming to an end. One particular source suggests that present

    Is the Bitcoin Price Slump Finally Coming to an End?

    | 2016/08/25 3:12 pm
  • The most recent balance between bid and ask prices is over, setting the bitcoin price on an upward path to $820, where another congestion area may be observed. Also read: India Plans to Enforce Internet Censorship with 3 Years Jail Time Technical Analysis: Bitcoin Price Still Looking Upwards Long-Term Analysis Aside from the market determined by the biggest traders, which can be seen through volume indicators during the previous two sideways lateral movements, natural demand

    Technical Indicators Say Bitcoin Price Will Rise — but When?

    | 2016/08/22 5:00 am
  • The price of bitcoin has fallen since our last piece, this time hovering around $573 at press time. Some feel this was to be expected: things haven’t taken much of a turn since the Bitfinex hack, and news regarding Russia’s latest stance on bitcoin has been slow to hit home. Also read: Is the Bitcoin Price in for a Massive Bull Run? Continued Uncertainty in Bitcoin Markets One source describes the lack of activity: “Overnight action

    Bears and Bulls Continue to Battle Over Bitcoin Price

    | 2016/08/18 5:00 am
  • One of the biggest problems facing Bitcoin is people’s lack of trust. Despite the security of the blockchain, many continue to believe that Bitcoin is unsafe, attracting criminals and breeding fraud. Also read: Bitcoin Price Sluggish, But Technical Indicators Still Bullish Gox and Bitfinex: Coincidence, or Signs of Conspiracy? The recent Bitfinex hack has done little to change this attitude. In fact, when one looks at the attack, it’s easy to notice similarities between these

    Coincidence or Conspiracy? A Comparison of Mt. Gox and Bitfinex

    | 2016/08/17 5:00 am
  • Following a heavy drop, the bitcoin price showed signs of recovery last week when it ascended to $590. Now, bitcoin has dropped again and is hovering around $580 at press time. Also read: Silk Road Auction Could Help Bitcoin Price Bounce Back Bitcoin Price Still Bullish? Bitcoin has likely found a comfortable place to reside for the time being. All that climbing and falling is sure to take a toll on one’s energy, and bitcoin is no

    Is the Bitcoin Price in for a Massive Bull Run?

    | 2016/08/16 2:12 pm
  • Since our last price piece, Bitcoin was finding itself creeping along a downwards trajectory, dipping down to $560. However, having stabilized, the price seems to have stalled out around the $570 mark at press time. Also read: Bet on MMA with Bitcoin: UFC 202, McGregor vs. Diaz Capital On the Move   Bitcoin capital is on the move, as the price of some top altcoins have been given a boost in the wake of Bitcoin’s

    Bitcoin Price Sluggish, But Technical Indicators Still Bullish

    | 2016/08/16 1:42 am
  • Don’t be alarmed by the current slump in the bitcoin price. In fact, there is still cause for optimism. The market is going through a reversal pattern to the $700 level, where a congestion area should reinforce quotes for another climb to $820, keeping us right on track to hit the projections advanced last week. Also read: Chinese Court Awards Damages Against OKCoin, Says It Operates Illegally Bitcoin Price Analysis: Bulls Still in Control Long-Term

    Technical Analysis: Weekend Bitcoin Price Slump Not Stopping Bulls

    | 2016/08/15 5:00 am
  • The bitcoin price is beginning a reversal pattern to the $700 level, where a congestion area should reinforce quotes for another climb to $820.  Also read: Coinbase AMA: ‘ETC Was Replay Attacked on Coinbase’ Bitcoin Price Analysis: Get Ready for the Bull Run Long-Term Analysis Now at the $580 support level, prices are starting to form an upward reversal pattern, which will allow pull back to $700, extended to Fibonacci’s technical objective at $820. The

    Technical Analysis: Correction Over, Time For Bitcoin Price to Skyrocket

    | 2016/08/11 6:09 pm
  • Since our last price piece, bitcoin has gained another two dollars in value and is hovering at around $590 as of press time. While developments surrounding the recent Bitfinex hack may have shaken traders’ confidence in bitcoin, an upcoming Silk Road auction could push the price back over $600. Also read: Is the Bitcoin Price Recovering from the Bitfinex Hack? “Bitcoin price is gradually approaching $600,” one source mentions. “Could advance continue immediately? Possibly, but with a few

    Silk Road Auction Could Help Bitcoin Price Bounce Back

    | 2016/08/11 5:00 am
  • A few days have passed since the infamous Bitfinex hack, and already bitcoin is showing signs of recovery. Since our last price piece, bitcoin seems to have risen by an impressive $17, hovering at around $588 at press time. Also read: Bitfinex Hack to Blame for Massive Bitcoin Price Drop Are Hacks Like Bitfinex the Norm? According to one source, the majority of bitcoin users seem to have largely “shrugged off” the latest hack, despite

    Is the Bitcoin Price Recovering from the Bitfinex Hack?

    | 2016/08/07 5:00 am
  • Bitcoin is falling down to end its current cycle, which will happen when prices drop to the technical reversal level. Also read: Industry Report: No Bitcoin Crime Goes Unpunished  Where Did the Weekend’s Bitcoin Price Drop Come From? Long-Term Analysis Prices have started the dive to $600 and $580 after a large lateral sideways lateral movement that ended the first technical cycle. To start a new cycle, quotes must reach former broken resistances, which become

    Technical Analysis: Weekend Bitcoin Price Drop Explained

    | 2016/08/01 5:15 am
  • The price of bitcoin has reached a steady point. At press time, the price has halted at $656 after hovering around $658 for most of the week. A mere $2 drop is nothing to panic about, though bitcoin has become somewhat stagnant as the financial market continues to play its course. However, as Japan faces continuing inflation, the country’s investors may give the bitcoin price a kick-start in the near future. Also read: Bitcoin Price

    Japan: The Newest Bitcoin Price Influencer?

    | 2016/07/31 12:00 pm
  • The bitcoin price is ready to fall. After a large sideways lateral market, prices are about to dive to $600, where a new cycle is expected to start, ultimately resulting with a rebound to $820.  Also read: Breakout Gaming Making Progress on New eSports Platform Bitcoin Price Heading South, Preparing for Rebound Into New Bull Pattern Long-Term Analysis Prices are still moving in a lateral pattern, sustaining the $680 level that is persisting at press

    Technical Analysis: Bears Taking Hold of Bitcoin Price

    | 2016/07/25 5:00 am
  • The bitcoin price has undergone another drop. Hovering at around $658 at press time, this is a fall of about $8 since our previous price piece. Also read: Is Ethereum Wounding the Bitcoin Price’s Ascent? Altcoins Forge Ahead as Bitcoin Price Pulls Back In our last discussion, the notion that ether was harming bitcoin’s ongoing rise was explained. That particular argument still stands; the most recent news is that Coinbase, primarily a bitcoin exchange up

    Bitcoin Price Falls as Altcoins Push Ahead

    | 2016/07/24 5:00 am