Early on Wednesday morning, we published an analysis piece that outlined a potentially bearish bias in the bitcoin price as we head into the European session. The bias derived from The post Bitcoin Price Technical Analysis – Intraday – 25/02/2015; A Return to the Upside? appeared first on NEWSBTC.
At the beginning of this week we saw a sharp decline in the bitcoin price, mirroring last week’s Sunday decline towards 232 flat. Throughout the first few days of the The post Bitcoin Price Tumbles; Bearish Momentum Likely to Continue Medium-Term appeared first on NEWSBTC.
Bitcoin Price Analysis: Week of Feb 23
Earlier today we published a technical analysis piece detailing the upward sloping channel through which the bitcoin price was travelling. We highlighted the fact that – from resistance around 248 The post Bitcoin Price Technical Analysis – Intraday – 20/02/2015; 249.00 Target appeared first on NEWSBTC.
Just a couple of days back, the United Stated Marshals Service (USMS) announced selling away another large stash of Ross Ulbricht’s Bitcoins (50,000 BTC). The statement came amid a 4% The post Can the US Marshals’ Silk Road Bitcoin Auctions Affect Bitcoin Price? appeared first on NEWSBTC.
Yesterday morning we highlighted the fact that the bitcoin price had formed an ascending triangle at the bottom of what we deemed to be a medium-term downtrend on an intraday The post Bitcoin Price Triangle Target Hit; Correction Likely appeared first …
Bitcoin price continued rising yesterday from a low of $235.86 up to record a high of around $244. The new uptrend is steady and continued to push the price to The post Bitcoin Price Technical Analysis for 20/2/2015 – Rising Steadily appeared first on NEWSBTC.
Bitcoin has jumped up by about $7. Yesterday, it was hovering near the $233 range after it dropped from about $245. The digital currency had experienced a healthy surge in The post Bitcoin Price Increases Amid Waning Negative Hype appeared first on NEWSBTC.
Bitcoin price took a dive yesterday to reach a low of around $230.85 before heading upwards again to score a high of about $240.5 at the time of writing of The post Bitcoin Price Technical Analysis for 19/2/2015 – Rising Support appeared first on NEWSBTC.
Earlier today we published a piece that outlined the ascending triangle within which the bitcoin price was trading. We noted that – if we could get a close above the The post Bitcoin Price Technical Analysis – Intraday – 19/02/2015; 143.00 Target appeared first on NEWSBTC.
In classical technical analysis, and ascending triangle forms either as a continuation pattern midway through an uptrend or as a reversal pattern at the end of a downtrend. A break The post Bitcoin Price Triangle forms; Infers Upside Bias appeared firs…
So now bitcoin price has gone down again. After a recent surge of about $20 that got digital currency enthusiasts everywhere feeling pretty happy again, the price has now gone The post Following a String of Attacks, Was a Bitcoin Price Drop Inevitable? appeared first on NEWSBTC.
Bitcoin price continued to rise yesterday scoring a high of $244. The pattern of the new bullish wave has been established as we explained during our yesterday’s “intraday tips” article. The post Bitcoin Price Technical Analysis for 18/2/2015 – Bullish Requiem appeared first on NEWSBTC.
The price of bitcoin has risen from yesterday… Another ten dollars at the time of this writing, thereby placing the price at around $245… In the midst of this good The post The Bitcoin Price is Up, but is Security Down? appeared first on NEWSBTC.
Bitcoin price is advancing according to our earlier analysis. The uptrend line that we spotted earlier today is continuing to tarmac the way to an even stronger bullish wave. As The post Bitcoin Price Technical Analysis for 17/2/2015 – Intraday Tips appeared first on NEWSBTC.