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Posts Tagged ‘Price’

Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving

Bitcoin looks to have fought off a recent bear market breakdown that saw prices landing just above the yearly low of $5,755. Bitcoin dropped to $5,858 yesterday at 02:00 UTC, just $103 shy of this year’s bottom, according to Bitfinex data. The suffering has been even worse for much of the altcoin market, some of…

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Bitcoin Price LIVE: Mounting Bitcoin Shorts Precarious for the Bears

Bearish Sentiment as derived from Bitfinex long and short position data in the Bitcoin market has rapidly advanced in the past week two weeks, with Short positions at the exchange doubling from 17k short to 34k in the price decline from $7,500 to $5,900, showing no immediate sign of slowing. At the same time, long…

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Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse

It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH00 remains in a tough spot, and so far there is no silver lining as ETH price is now now…

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Bitcoin Price Move Past $6.5K Would Boost Upside Potential

Against expectations, bitcoin (BTC) defended support at $6,000 over the weekend, opening the doors for a stronger corrective rally above $6,480. Friday’s drop below $6,240 (bear flag breakdown) had created room for a drop to the June low of $5,755. Further, BTC closed below Thursday’s low of $6,183 on Friday, signaling a continuation of the…

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XRP Cryptocurrency Now Down 90% From 2018 Price High

XRP, the world’s third-largest cryptocurrency by market capitalization, fell to its lowest price of 2018 on Tuesday. At 00:01 UTC, just after Monday’s close, the cryptocurrency dropped to $0.27 cents for the first time since December 12, 2017, according to CoinDesk price data. XRP was last seen trading at $0.2705, marking roughly a 2.95 percent decline since…

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Bitcoin’s Price Falls Below $6K to Near 2018 Low

The price of bitcoin fell below $6,000 on Tuesday, a move that brought the world’s largest cryptocurrency within 2 percent of its 2018 low.  At press time, bitcoin is trading hands at $5,922, printing a 5 percent 24-hour depreciation, according to the CoinDesk Bitcoin Price Index, up slightly from a low of $5,785 set June 24.…

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Bitcoin Price Hits 7-Month High Against Turkish Lira

Bitcoin (BTC) jumped to seven-month highs against Turkey’s national currency, the lira (TRY), on Monday. The price spike comes after the U.S. imposed sanctions against Turkey on Friday for continuing to hold an American pastor in custody. The resultant economic shock-wave has seen the lira drop to a new lifetime low of 7.20 TRY against…

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Bitcoin Price Analysis: Is BTC ‘Tethered’ to USDT?

After dropping within a hair of $6,000, Bitcoin (BTC) price bounced around in a tight $120 range before mysteriously spiking $400 in just 30 minutes. Was this simply a breakout from consolidating prices, or did Tether (USDT) have something to do with it? Bitcoin Price Market Overview Loads of people believe that Bitcoin 00, and…

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