Bitcoin Price Watch – BTC/USD Shows Signs of Reversal, Back Above $6,500

bitcoin price watch btc usd shows signs of reversal back above 6500

Bitcoin price bounced backed slightly on Friday morning amid a market-wide crypto recovery, settling above the $6,500 price level. A reversal is likely the result of a decision handed down yesterday by the Securities and Exchange Commission (SEC), which ruled that Ethereum is not a security. The price of Ethereum also shot up by 10% in response to the SEC decision. Previously, investors had been put off by reports in May that regulators were debating whether Ethereum, the world’s second-largest cryptocurrency by market capitalization, could be considered an equity. Even…

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Bitcoin Price Watch – BTC/USD Decline Continues, Now Below $6,500

bitcoin price watch btc usd decline continues now below 6500

On Wednesday morning, Bitcoin continued its decline from earlier this week, falling below the pivotal $6,500 price point. The cryptocurrency is now trading at around $6,400. Its price fell by approximately 17% over the past seven days and by 75% through 2018. Bitcoin Continues Decline, Testing New Support Continuing its decline from this past weekend, Bitcoin price fell below the critical $6,500 level. BTC/USD is now on a bearish trend testing a new support at $6,340. Another bearish trend line formed earlier at its resistance level of $6,550. As a…

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Bitcoin Price Watch – BTC/USD Holds Support, Volatility On The Decline

bitcoin price watch btc usd holds support volatility on the decline

Bitcoin price hovered around the $7,550-$7,650 territory on Friday morning. Volatility has declined since the beginning of the week, as BTC/USD has been largely trading in this range for the past seven days. BTC/USD also struggled to move past the $7,700 price point earlier today. BTC/USD Holds Support At $7,550 For most of Friday morning, Bitcoin price stayed steady in the $7,550-$7,650 range, with the lower limit being its major support level. Bitcoin has been trading in an increasingly narrow range for the past week, and volatility is on the…

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Bitcoin Price Watch – BTC/USD Tests $7,500 Support

bitcoin price watch btc usd tests 7500 support

Bitcoin Price Watch: On Wednesday morning, Bitcoin went on a steady bullish run which took BTC/USD to as high as $7,700. However, BTC/USD is currently on the decline due to a major selloff, testing a major level at $7,500. This downward movement may be crucial in determining whether Bitcoin price will see further pullbacks and drop down to $7,000. Bitcoin Testing Major Support Following this morning’s bull run to a high of $7,700, Bitcoin has now pulled back and is now testing a major support level at $7,500. The cryptocurrency…

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Bitcoin [BTC] Google Searches Down 75% in Six Months

bitcoin btc google searches down 75 in six months

Bitcoin (BTC) – Web searches for the word ‘Bitcoin’ have dropped around 75% since the beginning of 2018, according to Google Trends. Source: GoogleTrends Google Trends analyzes different ‘periods of popularity’ for individual web searches. The value of ‘100’ on their site is given to a specific term that is being searched at its peak of popularity. Bitcoin (BTC) reached its all-time record high of $20,000 a coin in mid-December 2017 and has been dropping ever since. >> Bitcoin Price Manipulation? Bull or Bear? Before Tom … Read The Full…

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Bitcoin Price Watch – BTC/USD Erases Recent Gains, Crosses $7,500

bitcoin price watch btc usd erases recent gains crosses 7500

On Monday morning, Bitcoin erased its gains over the past weekend, dropping from a weekly high of $7,740 back down to the $7,500 level. However, Bitcoin price has been slowly creeping up, and another run toward $8,000 is possible as the week progresses. BTC/USD Crosses $7,500, Holds New Support Currently, Bitcoin price is on a minor bearish run that’s looking to test a support at $7,450. BTC/USD has just crossed the $7,500 mark, which was seen as a critical resistance level for the past week. The current downward movement may…

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