Bitcoin Price Weekly Analysis – BTC/USD To Recover above $15000

Bitcoin price traded lower this past week and tested the $ 12,600 support against the US Dollar. There was a break above a major bearish trend line with resistance at $ 13,800 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price has to break the $ 14,500 level and the 100 simple …
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Bitcoin Price Weekly Analysis – BTC/USD Bullish above $15500

Bitcoin price is recovering and is currently placed nicely above the $ 15,000 level against the US Dollar. There was a break above a key bearish trend line with resistance at $ 14,100 on the 4-hours chart of BTC/USD (data feed from SimpleFX). On the downside, there is a connecting bullish trend line …
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Ethereum hits record high; bitcoin climbs back above $16000

Bitcoin jumped above $ 16,200, according to Coinbase, but was still trading about 18 percent below its record high hit in mid-December. "The value of any one of these cryptocurrencies is very, very correlated with the utility. Speculators will only take it so far and people won't hold it any more if they can't …
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Bitcoin climbs back above $16000, rallying more than 50% from Friday's low

Bitcoin rallied Tuesday, recovering from a sharp sell-off late last week. The digital currency briefly climbed more than 12.5% to above $ 16,100 late Tuesday morning, according to Coinbase, the leading U.S. platform for trading major digital currencies. With Tuesday's gains, bitcoin has now recovered …
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Bitcoin Short Shortage Keeps Crypto Futures Wobbling Above Spot

For traders used to seeing arbitrage plays vanish within seconds, bitcoin futures' rise back to more than $ 1,300 above the spot price a full day after their debut is another testament to the cryptocurrency's unconventional evolution. Professional investors and analysts predict the premium will collapse over …
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