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Bitcoin (BTC) Gives Five Shocks in Seven Hours; Likely to Close at $11,600


Bitcoin (BTC) has shown five major price swings in the last 7 hours in the range of 4.5% and 8%. The closing price of the day is likely to be around 11,600 USD. In the last few days, Bitcoin has shown huge price variations on the intraday basis. The ups and downs have been very … The post...

Bitcoin and Altcoins are Facing an Uphill Task


This past week, bitcoin and altcoins started a major downside correction. BTC/USD declined below the USD 12,500 and USD 11,500 support levels. The price even broke the USD 11,000 support area and it is currently consolidating losses in a broad range. Similarly, there were heavy downsides...

Another Volatile Weekend Takes More Than USD 1,000 from Bitcoin


Source: Alan_Lagadu After starting this past weekend above the USD 12,000 level, the most popular cryptocurrency, bitcoin, enters the new week at the USD 11,000 level. At pixel time (05:59 UTC), bitcoin trades at c. USD 11,098 after rebounding from USD 10,800 and is down by 7.53% in the past...

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