Bitcoin rose above $52,000 for the first time in its history on Wednesday, February 17th, as the cryptocurrency rose to a record high of $52,340. Bitcoin was invented in 2009, shortly after the global financial crisis, with the transformation in protests against the banking system into something of “digital gold” …
Read More »Bitcoin Achieves Historic Peaks
Bitcoin continues to achieve record levels, hitting 52,518 in a series of successive gains, as risk appetite in the markets improves. On the technical side today, we tend to be negative in our trades, but cautiously given the high level of risks, relying on intraday trading below 52,500 accompanied by …
Read More »Bitcoin Continues to Rise Above $52,000
The Bitcoin rally continued on Wednesday, hitting a new record level and exceeding the $52,000 level for the very first time. The world’s largest digital currency in terms of market capitalization is currently up by 7.18% at $52,137.4, extending its gains over the past seven days to 16.11%. Year-to-date, the …
Read More »Bitcoin Achieves Record Figures
Bitcoin has achieved record gains in a series of continuous gains over the past weeks, breaching the psychological barrier of 50,000, recording the highest price at 50,414. Technically, we tend to be positive, but cautiously depending on the positive signals of the 50-day moving average. The bullish scenario requires confirming …
Read More »Bitcoin Breaks The $ 50,000 Mark for The First Time Ever
Bitcoin jumped above $50,000 on Tuesday to a new record high, continuing a rally fueled by indications that the world’s largest cryptocurrency is gaining traction among major investors. Bitcoin reached a new peak of $ 50 thousand, and in its most recent transactions it was 3.9% at $ 49,891. The …
Read More »Bitcoin Facing Mixed Signals
Record gains achieved by Bitcoin within a gradual rise to the upside, recording 49,474, its highest level during today’s trading session. On the technical side, there is a conflict between the negativity of the stochastic and the positive motive of the 50-day moving average. We will be neutral due to …
Read More »Bitcoin Retreats from Record Highs
The price of Bitcoin declined on Monday, after nearing $50,000 on Sunday, rising by 5% and reaching a new record high. The world’s largest cryptocurrency is down by 1.57% over the past 24 hours, reducing its gains over the past seven days to a little over 9%. Bitcoin recently received …
Read More »Bitcoin’s Dropping Below $ 50,000
Despite the huge rush to invest in Bitcoin in recent times, which pushed it to record records, which reached near the levels of 50 thousand dollars, it was not able to maintain this level for a long time. Overnight, Bitcoin lost 5.6%, down to $45,000, with the start of Asian …
Read More »Bitcoin Clinging to Tesla Gains And US Dollar Heading For a Weekly Loss
Bitcoin hovered near record highs on Friday, and is heading for gains of more than 20% in a historic week during which it saw the support of large companies like Elon Musk’s Tesla, while the weak US labor market continued to put pressure on the dollar. The most popular cryptocurrency …
Read More »Bitcoin Settled Below Resistance
Positive trading dominated the movements of Bitcoin during the last session’s trading, as the current moves witnessed stability in the price again above 47,000. Technically, despite the bullish bias, we tend to be negative, depending on the gradual loss of the bullish momentum stochastic, in addition to the price stability …
Read More »