• The bitcoin price has recently launched into an upward rally, with technical indicators showing the rise slowing down at $820 while bullish consensus builds to send it further to $1500 by 2017. Also read: Zcash: Where Is All the Hype Coming From? Technical Analysis: $1500 and Beyond Long-Term Analysis After bullish signs flooded the markets, the bitcoin price has shifted into an upward rally. According to technical indicators, this rally should last until we hit

    Technical Analysis: Bitcoin Price to Hit $1500 By Year-End?

    | 2016/10/31 8:00 am
  • The bitcoin price has increased by an additional $20 since our last  report and is now hovering at the $700 mark. This makes it official: bitcoin has reached the point projected, and crypto-fans are breaking out the champagne. Also read: Bitcoin Price Keeps Booming, Another $30 Rise in the Books One source explains the action: “Well, there we go. . .As we said this morning, it’s been a great week for our breakout strategy. When tings

    Bitcoin Price Hits $700 for the Second Time This Year

    | 2016/10/30 7:37 am
  • Another rise has been recorded. Since our last piece, the bitcoin price has shot up by about another $30 and is hanging around the $680 mark. Bitcoin just keeps booming away, and it’s plausible that the digital currency could potentially reach $700 in the coming weeks if its current streak stays strong. Also read: Bitcoin Price Watch: Are We About to Hit $700? One source describes the action with a ray of excitement: “Wow, what a

    Bitcoin Price Keeps Booming, Another $30 Rise in the Books

    | 2016/10/28 5:00 am
  • The bitcoin price has risen by nearly $30 since our last price piece and is hovering around $650 USD. Many enthusiasts are taking the price jump as a sign that bitcoin is rising back to the top, and that $700 isn’t too far off the mark. Also read: Bitcoin Price Drops: Where do We Go From Here? Bitcoin Price to Hit $700 in New Bull Rally? In our recent examination of bitcoin’s activity, analysts expressed difficulty in

    Bitcoin Price Watch: Are We About to Hit $700?

    | 2016/10/25 12:00 pm
  • The prevailing bitcoin price resistance was overcome by a little flag pattern this past week, which ultimately launched prices up to recover a technical objective at $820. Also read: CoinAgenda Brings Blockchain Leaders to Vegas on October 25 Bitcoin Price Technical Analysis Long-Term Analysis After prices overcome the psychological trigger zone area among $620 and $650, the current phase points to a technical goal near $820. According to Elliott Wave Theory, the current movement should

    Technical Analysis: Explaining the Weekend Bitcoin Price Rally

    | 2016/10/24 9:01 am
  • A bit of a fall has occurred on bitcoin’s side. Since our last price piece, the bitcoin price has stumbled by about $12 and now hovers at $628. Also read: Bitcoin Price Breaks $640, Are We About to Go Even Higher? Bitcoin Price Heading South? One source writes: “The levels in focus moving forward are in terms support to the downside at 629, and in-term resistance to the upside at 632. Just as with this morning,

    Bitcoin Price Drops: Where do We Go From Here?

    | 2016/10/21 8:00 am
  • The bitcoin price has undergone another small rise, hovering around $640 at press time. Nothing huge, but every step counts. Also read: Bitcoin Price Makes Huge Gains as Yuan Crashes Bitcoin Price at Highest Level Since Bitfinex Hack As one analyst points out that bitcoin has reached its highest level since August, when Hong Kong-based bitcoin exchange Bitfinex saw over $70 million in BTC stolen from its storage wallets. Bitcoin immediately plummeted following the attack,

    Bitcoin Price Breaks $640, Are We About to Go Even Higher?

    | 2016/10/17 12:02 pm
  • If you thought the ride to $640 was exciting, you might be in for a treat. The little flag pattern currently surfacing on bitcoin price charts could launch prices up from a trigger zone that points $820 as a technical goal. Also read: A Chinese Perspective: BitKan Visits Ukraine Bitcoin Conference Bitcoin Price Technical Analysis Long-Term Analysis After prices recognized a strong support area at $600, volume indicators reflected professional marketplace activity, suggesting that the

    Technical Analysis: Bitcoin Price to Hit $820 Soon?

    | 2016/10/17 6:52 am
  • The bitcoin price has risen by $21 since our last price piece. The joy is spreading throughout the digital currency community, and enthusiasts are feeling the love. Some analysts seem to think that the fall of the Chinese yuan is responsible for this most recent rally.  Also read: How India May Cause a Massive Rise in the Bitcoin Price One source explains: “Bitcoin price staged a strong rally to break past the short-term channel top

    Bitcoin Price Makes Huge Gains as Chinese Yuan Crashes

    | 2016/10/12 10:36 pm
  • Bitcoin has risen seven dollars since our last price piece. Presently, the coin is hovering around $618, and Bitcoin enthusiasts are likely feeling impressed right about now. More good news may be on the horizon, as Bitcoin activity in India has ramped up considerably.  Also read: Bitcoin Price: Billionaire Bill Gross Prefers BTC Over Central Banking India the Source of Bitcoin’s Next Big Rally? Recently, funding records set by Indian bitcoin conglomerate UnoCoin launched the

    How India May Cause a Massive Rise in the Bitcoin Price

    | 2016/10/10 12:36 pm
  • The bitcoin price is approaching a trigger zone at $620 while bullish consensus gets stronger, suggesting that a big rally remains a real possibility in the near future. Also read: Antshares Raises Millions in ICO, Partners with Microsoft  Bitcoin Price Technical Analysis Long-Term Analysis Prices recognized a strong support area at $600, and while bullish consensus gets stronger on the idea of higher quotes, the action is going back to the old trend line channel

    Bitcoin Price: Markets Still Set for Rally After Sustained Highs

    | 2016/10/10 7:16 am
  • The bitcoin price hasn’t moved since our last price piece, and $611 remains as the mark where bitcoin makes its present home. However, despite the sideways movement, billionaire Bill Gross seems optimistic Also read: Kim Dotcom: Bitcoin Price Will Hit $2,000 in Two Years One source describes the action: “Things haven’t gone great so far. We’re not down on the markets or anything – we’re a little bit up on our Monday balance – but

    Bitcoin Price: Billionaire Bill Gross Prefers BTC Over Central Banking

    | 2016/10/06 8:05 am
  • Bitcoin has undergone an impressive rise and is hovering at around the $611 mark. That’s about $7 higher than it was during our last price piece. However, if Kim Dotcom has anything to say about it, the bitcoin price will be much higher in the next couple years.  Also read: Analysts: Bitcoin Price Expected to Hit $848 Soon One source explains: “Volume has remained consistently high, which is a great sign for further continuation. We should

    Kim Dotcom: Bitcoin Price Will Hit $2,000 in Two Years

    | 2016/10/04 8:03 am
  • Bitcoin remains at the same price level from last week, reinforcing the $600 support area for the entire new cycle. Meanwhile, technical analysis indicates that bullish consensus is getting stronger, increasing the likelihood of a rally from $650 to $820. Also read: Velocity’s Demo Invites Users to Try ‘Simple’ Smart Contracts Bitcoin Price Technical Analysis Long-Term Analysis 5th Elliott Wave forecasting, based on Fibonacci numbers, could be calculated to the technical objective around the $820

    Bitcoin Price Technical Analysis: Calm Before the Bull Stampede

    | 2016/10/03 8:07 am
  • The bitcoin price is hovering around $604. That’s another two-dollar rise since our previous price piece. Nothing to get terribly excited about, but hey — every step counts. Also read: Bitcoin Price Volatility Exciting Bulls, Rally Still Expected Analysts Forming Consensus on Bitcoin Price Viewing the evidence, it would appear that bitcoin’s present shift to higher ground is undoubtedly occurring in incremental stages (a few dollars at a time). On the plus side, most analysts seem

    Analysts: Bitcoin Price Expected to Hit $848 Soon

    | 2016/09/29 6:58 am
  • The bitcoin price has stayed at the same level all week. However, the market has been building a technical trigger and adding bullish consensus, which has sustained all factors that back the next rally from $650 to $820. Also read: Bitcoin Price Volatility Exciting Bulls, Rally Still Expected Technical Analysis: Cycle Synchronization to Spark Rally to $820 Long-Term Analysis Fundamentals and political factors promote the next rally, which is expected to increase the bitcoin price

    Technical Analysis: Bitcoin Price Still Bullish, $820 Expected

    | 2016/09/26 3:17 pm
  • A small rise in the bitcoin price is giving enthusiasts new hope. While the rise only constitutes about two dollars, the long-running theme of a bullish trend in the bitcoin market appears to be coming true. Also read: New Announcement From Winklevoss Twins May Boost Bitcoin Price Bitcoin Price: A Long History of Deflation and Volatility, But That’s a Good Thing One source writes: “Price has been pretty volatile over the last few days, and

    Bitcoin Price Volatility Exciting Bulls, Rally Still Expected

    | 2016/09/26 8:41 am
  • Another drop is in the books. The bitcoin price has fallen by about $10 USD since our last price piece and has hung around an even $600 for over 24 hours. However, a new announcement from the Winklevoss Twins’ Gemini exchange may give the price another bump. Also read: Bitcoin Price Rises: How U.S. Trading Activity May Be Countering China Enthusiasts have shown mixed reactions to bitcoin’s current state. The new Fed rates announced just a

    New Announcement From Winklevoss Twins May Boost Bitcoin Price

    | 2016/09/23 9:07 am
  • The bitcoin has encountered a small rise. Standing at $610 at press time, evidence suggests that America’s favorite coin is pulling itself out of the gutter and redressing itself in stronger threads. In fact, some analysts think the recent stability could be due to American trading neutralizing volume from the normally-dominant China.  Also read: Bitcoin Price Expected to Double with Help From SolidX Bitcoin: America vs China The sentiment among most analysts is that a bull run

    Bitcoin Price Rises: How U.S. Trading Activity May Be Countering China

    | 2016/09/20 12:00 pm
  • The bitcoin price has stayed at the breakout level all last week. This sideways activity has added to fundamentals and political factors that support the next up rally from $650 to $820. So, while not much has happened in the last week, don’t lose sight of the rally just yet.   Also read: Ethereum Nodes Crashing, Under Possible Attack Bitcoin Price Technical Analysis Long-Term Analysis Current indicators point to higher levels, but prices have remained

    Bumpy Ride: Bears Expected as Bitcoin Price Advances Long-Term

    | 2016/09/19 9:33 am
  • A few days have passed, and not much has changed. Despite all the hoopla surrounding the bitcoin price’s recent rise to $620, a drop has occurred, and everyone’s favorite coin is still hovering in the low $600 range. Also read: OKCoin to Blame for Bitcoin Price Retraction to $600? One source writes: “Bitcoin price trend remains up, but a downward correction prior to the next wave of advance remains likely… We’re waiting for price to

    Bitcoin Price Expected to Double with Help From SolidX

    | 2016/09/17 5:00 am
  • 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