• 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
  • Bitcoin has suffered another drop. Falling $13 since our last price piece, the digital currency now hovers around $666 at press time (sorry to all you religious people out there). Also read: Bitcoin Price Prepping for Bull Run Due to Regional Influence One source explains: “Bitcoin price looked to be advancing only to bump against the resistance ceiling. How to trade in the coming days (or weeks) is dependent on how the market negotiates $680.” In

    Is Ethereum Wounding the Bitcoin Price’s Ascent?

    | 2016/07/22 9:00 am
  • Confusing information could lead the bitcoin price to test its $600 support during a congestion area for another month before returning to $700. After which, the price is set to rise even further to the resistance at $820.  Also read: Industry Report: India’s Druggies Turning to Bitcoin Bitcoin Price Technical Analysis Long-Term Analysis During the current congestion area, quotes are still in a wide trading box, and even in the next step they would test

    Technical Analysis: Bitcoin Price to Retract Before Big Rally

    | 2016/07/19 5:00 am
  • The bitcoin price has risen to $679 at press time. Following a two-week period of jumping and falling, bitcoin’s price is on the verge of $680. That’s a $15 increase from our last price piece. Also read: Could Trump Cause a Spike in the Bitcoin Price? Regional Forces Pushing Bitcoin Price Higher Several sources have stuck with bitcoin, claiming that a sudden rise is inevitable. Several charts have singled bitcoin out for a monster breakout,

    Bitcoin Price Prepping for Bull Run Due to Regional Influence

    | 2016/07/18 5:00 am
  • Another slight drop has hit Bitcoin. Following our recent price piece, the bitcoin price is hovering around $664 at press time. That’s a fall of about eight dollars; nothing to panic about, but it’s still disappointing. Also read: Will the Halving Ever Affect the Bitcoin Price, Technical Analysis Thinks So Could Trump Build a Wall of Bitcoin Support if Elected? When describing bitcoin’s lack of action over the last week, one source explains the coin

    Could Trump Cause a Spike in the Bitcoin Price?

    | 2016/07/16 5:00 am
  • A solid rise has made its way into the bitcoin books. Following our previous price piece, bitcoin was hovering around $645 but has now shot up to about $672 at press time. Also read: Price Report: Bitcoin is Dominating Argentina The Halving: Possible Bitcoin Price Movements to Come In a discussion of the recent halving, one source says it best: “Bitcoin price holds steady, and the reward halving has not seen any surprises in the mining

    Will the Halving Ever Affect the Bitcoin Price, Technical Analysis Thinks So

    | 2016/07/13 5:00 am
  • Technical indicators suggest that the bitcoin price could be preparing for a rather significant correction, potentially sending it below $600. Traders shouldn’t have too much to fear though, as the decline is expected to be followed by bullish activity, resulting in a rise to $700 and beyond, hitting resistance at $1000. Also read: Industry Report: The Halving That Came and Went Bitcoin Price Looking Bearish, but Not for Long Long-Term Analysis After a year where

    Bullish Trading Ahead? Bitcoin Price Sees New Technical Patterns

    | 2016/07/12 5:00 am
  • Another small rise is in the books. Following a drop to $639, the price of bitcoin has jumped up to about $645 at press time. Also read: Pounds vs Yen: The Battle Over Bitcoin Rages On At first glance, this appears to be a meaningless rise. Just a few dollars, nothing to scream and shout about, but considering the circumstances surrounding the halving that has now officially taken place, the results are something to celebrate.

    Price Report: Bitcoin is Dominating Argentina

    | 2016/07/10 5:00 am
  • Another serious drop is in the books. Following a period of hanging in $670 territory, the price has fallen to around $639 at press time. Also read: The Halving Month Is Here; What Will Happen to the Bitcoin Price? But while the forecast may look grim, the fact is that there are plenty of opportunities for bitcoin to rise back up. The British pound is continuing to fall into a deep, dark oblivion since the

    Pound vs Yen: The Battle Over Bitcoin Rages On

    | 2016/07/08 9:00 am
  • Another rise in the bitcoin price — since our last price piece, bitcoin has jumped up by about $3, and is hovering around $673 at press time. With the highly-anticipated block reward halving drawing ever-near, this bump might be an indicator for an even larger rally in the coming days. Also read: Are the Winklevoss Twins Bringing the Bitcoin Price Back Up? The Halving: What’s Going to Happen? The halving month has finally arrived, and this

    The Halving Month Is Here; What Will Happen to the Bitcoin Price?

    | 2016/07/06 5:00 am