Bitcoin News
By Maheen Hernandez
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Bitcoin passed the $4,200 mark ever since December 15, 2018. This price level happened in just a period of 10 days.
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The short-term price trend of Bitcoin is seen sustained thus touching up with the end of the year, thus bringing in some confidence as the dominant cryptocurrency has established…
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Irrefutably, a vast majority of the cryptocurrencies are in the bear market. Bitcoin is down by 79% from its all-time highs.
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The price of Ethereum went up by more than 51% versus the USD. According to an economist who is also a cryptocurrency trader, about 7 days ago ETH was down at 94% from its…
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For those who believe that cryptocurrencies are not any longer trending the bearish way, the fact to be noted is that they need to increase in value by 20% to 30% versus the USD.
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In Fiat to cryptocurrency exchanges, Bitcoin is valued at $4,200. There have been several resistance levels shown by the different cryptocurrencies.
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The current price lines are pretty conditional, and they might bounce to test the low $5,000.
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The $3,120 is the lowest price touched by Bitcoin in the year 2018. This is the bottom that it capped when the 84% decline happened from its all-time high.
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The bottom achieved by the crypto market is seen to be too early in a time where the bear trend has not really come to an end.
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There is a corrective rally of major digital assets happening in the current trend, and therefore a potential trend reversal and positive price movement are seen over the…
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The value of the cryptocurrency has increased in value from $100 billion to $145 billion which is a 45% increase.
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