Bitcoin jumped more than 5% on Friday, January 8th, to a new record high at $ 41,530, to offset losses incurred earlier in the session. The most popular digital currency in the world fell to a low of $36618.36 on the Bitstamp exchange before rising. The rival cryptocurrency Ethereum rose …
Read More »Bitcoin at Record High
Bitcoin continued to achieve new record highs, to surpass the 40,00 marks recording its highest level at 40,383. Technically, we tend to be positive, but with caution. Intraday trading is witnessing a slight bearish tendency after it failed to stabilize for a long time above the 40,000 barrier. There are …
Read More »Bitcoin Trades Above $40,000 for First Time Ever
Bitcoin continued its rising rally on Thursday, going above $40,000 for the first time ever, supported by a recent surge in demand especially from institutional investors. This means that the market value of the world’s largest digital briefly exceeded $1 trillion today. Bitcoin, the biggest cryptocurrency in the world, has …
Read More »Bitcoin Touches The Desired Targets
Bitcoin succeeded in achieving the positive outlook, as we expected, touching the second target to be achieved yesterday, located at 37,240, recording its highest level at 37,692. Technically, the general bullish trend is still intact, but we believe that there is a possibility of a bearish slope occurring in the …
Read More »Bitcoin Soars Above $35,000, Hitting New High
Bitcoin traded as high as $35,000 for the first time during the Asian session on Wednesday, rising to its highest level at $ 35,879, extending its rise by more than 800% since mid-March. The world’s most popular cryptocurrency crossed $ 20,000 for the first time ever on December 16.
Read More »Bitcoin May Seek Additional Gains
Bitcoin continues to achieve record gains, as we see the price touching the 35,800 during the previous session’s. On the technical side, we tend to be positive, depending on the price stability above the 50-day moving average, in addition to intraday stability above 34500. Therefore, we believe that the opportunity …
Read More »Bitcoin Could Go As High As $146K – JPMorgan
Bitcoin has recently recorded multiple new all-time highs and now more increases by the world’s largest cryptocurrency are expected. Researchers at JPMorgan Chase expect Bitcoin could hit $146,000 in the near future, Dow Jones’s MarketWatch reported. If the largest digital currency was to draw demand away from gold investors, new …
Read More »Bitcoin Fluctuating Around $31,000 on Monday
Bitcoin, the world’s largest cryptocurrency, is declining on Monday despite an improved risk sentiment among investors. Bitcoin is down by around 7.4% for the day at $30,927.70, according to CoinMarketCap. Over the next seven days, Bitcoin achieved gains of about 15.8%, exceeding the $30,000 and the $31,000 for the very …
Read More »Bitcoin Continues to Losses, dropping 12% to $ 28,700
Bitcoin fell 12% today, Monday, to $ 27,750, to continue the decline after achieving unprecedented gains at the start of the new year. The most popular cryptocurrency in the world increased to more than $ 30,000 for the first time on Saturday, and touched a record high of $34,800 the …
Read More »Bitcoin Continues to Record Fresh Highs
Bitcoin achieved new record gains, reaching its highest levels of 33,565, to start its first daily trading on a rising price gap. On the technical side, we tend to be positive, depending on the stability of trading above 32,810 accompanied by the positive motivation of the 50 days moving average. …
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