Bitcoin (BTC) Price Watch: Market Presents Last Chance To Buyers

Bitcoin price struggled to climb above the $3,990 and $4,000 resistance levels against the US Dollar. The price declined again and retested the key $3,940 support area and the 100 hourly SMA. There is a short term bearish trend line in place with resistance at $3,980 on the hourly chart of the BTC/USD pair (data feed from Kraken). Buyers might have the last chance for an upside break above the $4,000 resistance. Bitcoin price is holding an important support near $3,940 against the US Dollar. BTC is likely to make…

Bitcoin (BTC) Flat-Line Below $4,000; Bears of Feb 24 Likely to Flow Back

Bitcoin price up but under pressure MimbleWimble protocol could be an excellent match for Bitcoin Transaction volumes more than half those of Feb 24 There are specific benefits of the MimbleWimble protocol, and one of them is privacy through CT. If the Bitcoin community decides to incorporate this untested protocol, then the network will not be scalable but be completely anonymous. Perhaps it will be the only trigger that will drive prices above $6,000 to $12,000 as demand Bitcoin (BTC) demand surge. Bitcoin Price Analysis Fundamentals To understand emerging technology…

Coincidence? Bitcoin (BTC) Prices Up After Mark’s Judgment

Bitcoin prices up 1.4 percent from last week’s close Mt Gox founder serving 2.5 years suspended sentence Participation picks up, BTC could print higher in days ahead. Mark is a free man, and despite heavy losses ordinary investors had to shoulder, a Japanese court remained lenient. All the same, it appears as if Bitcoin prices are on a recovery path and it is what investors want to see. Bitcoin Price Analysis Fundamentals After four years of investigation, it was time for Mark Karpeles to face the law. Appearing before a…

Bitcoin (BTC) Price Watch: Case For Larger Rally Above 100 SMA

Bitcoin price stayed above the $3,800 support area and recovered recently against the US Dollar. The price is trading above the $3,840 level and facing a strong resistance near the 100 hourly SMA. There is a key bearish trend line in place with resistance at $3,865 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally sharply if there is a close above $3,880 and the 100 hourly SMA. Bitcoin price rebounded nicely from the $3,800 support against the US Dollar. BTC is currently…

Worries of Fake Bitcoin Volumes Could Derail BTC Bulls

Bitcoin price up 4.3 percent in last week Jay Clayton worries affirmed by recent Integrity Report Transactional volumes low but can rise as prices recover Derailing possible bulls are worries of fake volumes printed by obscure exchanges. These actors while core to crypto are also taking part in malpractice that could hinder the approval and final roll-out of a Bitcoin ETF. In the meantime, Bitcoin has support and up 4.3 percent from last week’s close. Bitcoin Price Analysis Fundamentals The global and unregulated nature of cryptocurrencies means some exchanges are…

Will Bitcoin (BTC) Prices “Switch Off” with Binance?

Bitcoin price under pressure Liquidity to take a hit as Binance undergoes maintenance Transactional volumes dropping, average at 7k—data streams from BitFinex Beginning 2 AM UTC, Binance will be under maintenance for eight hours. During that time, Bitcoin (BTC) may come under renewed liquidation that could see it drop towards $3,800. Bitcoin Price Analysis Fundamentals Binance is the world’s largest exchange by adjusted volumes, and, therefore, a leading source of liquidity for crypto assets including BTC. Tomorrow, the exchange plans for a scheduled maintenance that from 2 AM UTC for…

Bitcoin (BTC) Price Weekly Analysis: Trend Overwhelmingly Bullish To $4,200

Bitcoin price slowly moved higher and dips remained supported above $3,800 against the US Dollar. The price fell significantly recently, but buyers protected the $3,800 support area. There is a crucial ascending channel is in place with support at $3,830 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair remains in an uptrend and it is likely to accelerate above $4,000 and $4,100 in the near term. Bitcoin price is grinding higher with a positive bias above $3,800 against the US Dollar. BTC/USD buyers are…

No, Bitcoin (BTC) is Not a Quick Rich Scheme, Price Approaching $4,000

Bitcoin prices up 1.6 percent FCA Research paints crypto-asset owners as greedy Transaction volumes low, drive above $4,500 must be high-volume. The UK’s FCA research concludes that Bitcoin (BTC) and crypto-asset investors are here for the money. Meanwhile, prices are stagnant, and as accumulation continues, the next feasible target will be $4,500. Bitcoin Price Analysis Fundamentals The open source nature of blockchain projects means anyone can plug in, mine, contribute code or do whatever they wish for the sole to strengthen the network. Unfortunately, this is also an open door…

Bitcoin Price Watch: BTC Comeback Is On The Cards

Bitcoin price broke the key $3,860 resistance and traded to a new weekly high against the US Dollar. The price is losing bullish momentum, but it is likely to continue above $3,900 and $3,940. There is a key bullish trend line formed with support at $3,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must break the $3,890 and $3,900 resistance levels to continue higher in the near term. Bitcoin price climbed higher slowly above $3,840 and $3,860 against the US Dollar. BTC could…

Bitcoin (BTC) Medium Term Trend is Set, $6,000 A Low Lying Picking

Bitcoin price recovering, may clear $6,000 Jihan Wu, the former CEO of Bitmain is a billionaire Transactional volumes low, must spike above 440k countering Q4 losses With newfound financial weight, Jihan Wu can now move towards achieving his goals. In the meantime, Bitcoin (BTC) prices stand to benefit. Should buyers have the upper hand, any surge past $4,500 will be trend-defining in short to medium term. Bitcoin Price Analysis Fundamentals Rumor from multiple sources, insinuates that Jihan Wu, credited for backing Bitcoin Cash during the last hash war to the…