26.5.2017Bitcoin Price in Recovery After Peak Above $2750Bitcoin markets continued being bullish all until a peak up to $2750 price levels was reached. While daily trading volumes continue to break records, the once all bullish market sentiment is now in a fight with selling pressure. Resistance has not yet managed to establish any strong points but bullish traders are surely in a fight with downward pressure. Major Signals - Bitcoin prices did break above all resistance through yesterday’s trading session with prices reaching $2750 price levels.
- The price fall that followed ultimately lead BTC/USD rates down to $2300 price levels with downward pressure remaining.
- The large sell orders that drove the market to what could be interpreted as a correction didn’t seem to have any major rebuttal.
Full analysis on https://www.crypto-news.net/bitcoin-price-in-recovery-after-peak-above-2750/
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25.5.2017Bitcoin Price Continues Reaches Past $2450 LevelsBitcoin markets are continuing to showcase the bullish momentum that is continuing to be experienced throughout this rally. BTC/USD rates are rising through historic new highs again with prices breaking above price levels of $2250. Traders are continuing to be bullish on the price’s potential even as trading volumes continue peaking close to historically high levels. Major Signals - Bitcoin prices are continuing to shoot past all time high levels day after day, with prices showcasing the bullish market sentiment that’s continuing to reap markets.
- Traders are showing no hesitation to show support for the price rise even as large sell orders disrupt the price rise.
- It’s becoming apparent that amid the current market sentiment, no amount of selling pressure is able to impact the price rise significantly.
Full analysis on https://www.crypto-news.net/bitcoin-price-continues-reaches-past-2450-levels/
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21.5.2017Bitcoin Price Above $2000Bitcoin prices reached a historical breakthrough in the last trading session, as prices rose above $2000 levels. The continuous price rise that drove bitcoin’s price above this important price point has been going on for quite some time now but the momentum does not seem to be wearing out. Major Signals - The rise above $2000 didn’t seem to be slowing the momentum traders helped establish through the bullish market sentiment.
- Prices continued rising above what was previously identified as a resistance level, and are now around 2050 levels.
- Bitcoin markets are continuing to be bullish all around with buy pressure that continues to showcase enough momentum to plow through the inflated resistance.
Full analysis on https://www.crypto-news.net/bitcoin-price-above-2000/
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20.5.2017Bitcoin Price at New All Time High; Flirts with $2000Bitcoin markets broke through any resistance that was in place with the last rally. Prices continue rising above all time high levels. In the meantime, resistance continues being shattered by the strong buying pressure. Bitcoin prices through all markets are now approaching a major breakthrough point at $2000 price levels. Traders across exchanges appear to have come prepared for such an outcome by setting sell walls, yet the market’s sentiment has showed enough momentum to surpass such resistance. Major Signals - Traders are standing behind yet another bull run that’s leading bitcoin prices up through back to back buy orders.
- The market’s sentiment is as positive as it could be as prices are driven up amid historically high trading volumes.
- Prices are coming ever so close to the price point of $2000 with chances of a breakthrough seeming great amid the current market sentiment.
Full analysis on https://www.crypto-news.net/bitcoin-price-at-new-all-time-high-flirts-with-2000/
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12.5.2017Bitcoin Price Met With Volatility After Nearing $1900 LevelsWhile bitcoin trading volumes keep staying at high 24 hour levels for what traders had gotten used to through the rally, there’s been some decline from the peak observed a few days ago. Markets now seem to be succumbing to selling pressure a bit more easily as large sell orders rip through buy walls with more apparent influence. Major Signals - After reaching a peak at around $1880 levels, the price rise’s momentum was halted by the increase in selling pressure.
- It’s be a bit early to conclude that there might be a change in the market’s sentiment underway but sell orders are sure having more influence on bitcoin markets.
- It’s worth noting that prices are still above $1800 after the recent spike but support is depleting and BTC/USD came close to breaching this level earlier today.
Full analysis on https://www.crypto-news.net/bitcoin-price-met-with-volatility-after-nearing-1900-levels/
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10.5.2017Bitcoin Price Rises to New Highs Above $1700Bitcoin markets are continuing to ride on a bullish market sentiment as trading volumes keep being much higher than daily levels traders had gotten used to even at peak times of the rally through preceding trading sessions. The market’s sentiment appears to be remarkably bullish as prices continue rising, yet some selling pressure also appears to have had at least some effect on markets in the last few hours. Major Signals - Bitcoin markets are continuing to ride on the rising pattern established through preceding trading sessions.
- Selling pressure made its presence felt after BTC/USD price levels reached above 1750, with selling pressure pushing prices below $1700 levels.
- The recovery after the most recent major price fall was swift and pushed prices above $1700 once again, yet it goes to show that profit taking has strong potential even amid the current market sentiment.
Full analysis on https://www.crypto-news.net/bitcoin-price-rises-to-new-highs-above-1700/
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9.5.2017Bitcoin Price Re-Enters Bullish Mood With Prices Reaching $1650Bitcoin markets have once again started being bullish, with trading volumes reaching historical highs amid another day through which new all time high levels were achieved. Bitcoin traders are pushing prices to new record high levels with back to back orders while resistance seems to be going away really fast. Major Signals - Bitcoin prices are under the spell of a mood bullish as ever with trading volumes perhaps greater than ever pushing prices up.
- Support somehow manages to form around the newly reached levels with buy walls seemingly securing the market’s bullish sentiment for the time.
- In so far, the price rally has not been interrupted by bearish downward price swings, with traders successfully defending current prices.
Full analysis on https://www.crypto-news.net/bitcoin-price-re-enters-bullish-mood-with-prices-reaching-1650/
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8.5.2017Bitcoin Price Rises With Spike Above $1560 LevelsBitcoin markets kept going through a period of prolonged bearishness through the last trading session, with prices that kept succumbing to selling pressure. In so far, BTC/USD rates dropped down to a bottom of $1225, with prices seemingly meeting with some support at such levels after the prolonged falling. Major Signals - Bitcoin markets kept being bearish through the last trading session, but with traders ultimately breaking out of such a mood.
- The market’s sentiment has been under quite a bit of pressure ever since selling pressure broke out.
- Trading volumes remain at levels close to historical highs and its amid this market sentiment that markets are seeing a positive price spike.
Full analysis on https://www.crypto-news.net/bitcoin-price-rises-with-spike-above-1560-levels/
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Name: cryptodv Posts: 1093 Activity: 406 Position: Sr. Member Btc address:1H2mYBTCXi9YJ4DM32TdqfCGNSzoLtioa7
It's full. This weeks payment, transaction ID: d4b30b3047f917dd4818da3fb7ff0e08aa57beca02cc4fcd255395deee4d3c1e
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6.5.2017Bitcoin Price Takes Downturn After Peak Above $1600Bitcoin trading volumes have slightly declined since yesterday’s trading session, yet the price didn’t stop falling. Markets are succumbing to the selling pressure that emerged after the rising pattern affecting markets broke from downward spikes. In so far, the selling pressure took BTC/USD markets in a slight downturn, weakening support and having resistance strong develop at $1525 levels. Major Signals - Traders fail to complete a full recovery as selling pressure counters upward movements effectively.
- The market’s sentiment is undoubtedly more bearish as the mood has been overturned with support for the falling price going away.
- Prices are settling slightly below $1525 but a break through this levels seems unlikely at this point.
Full analysis on https://www.crypto-news.net/bitcoin-price-takes-downturn-after-peak-above-1600/
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5.5.2017Bitcoin Price Recovering After Fall From Peak Above $1600Bitcoin markets reached a peak price point at around $1615 through the last trading session yet the followup to this price surge was a large spike in caused by emerging selling pressure. Prices did recover to levels closer to $1600 later through the day but from what it seems, traders are having a hard time breaking above this level as resistance has grown. Major Signals - While trading volumes were already at record high 24 hour levels, the coming of such strong selling pressure at the peak of the rally pushed for a further increase.
- Markets did manage to recover at levels closer to $1600 but with the emerged resistance it now seems as a price level to be broken through.
- The market’s momentum seems to have been halted by the emergence of the selling pressure, yet thankfully a more major price fall has been averted as of now.
Full analysis on https://www.crypto-news.net/bitcoin-price-recovering-after-fall-from-peak-above-1600/
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4.5.2017Bitcoin Price Above $1500Bitcoin prices are continuing to rise while markets are rising on a bullish market sentiment. The price rally doesn’t seem to have slowed down in momentum at which BTC/USD rates broke through $1500 levels just hours ago, even reaching a peak at $1510. Profit taking might have caused a minor price drop since the peak but the market is already showcasing support for the newly reached levels. Major Signals - Bitcoin traders are continuing to show confidence in the market’s sentiment by helping prices break through new all time high levels.
- Selling pressure might be strong but is so far being successfully countered by back to back buy orders.
- Price spreads between exchanges remain at around $100 as traders had gotten used to through for the greater part of the last few days.
Full analysis on https://www.crypto-news.net/bitcoin-price-above-1500/
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3.5.2017Bitcoin Price Rising Above $1400 After New All Time HighBitcoin markets continued being remarkably bullish as the recent rally kept pushing prices to new all time high levels. Bitcoin prices didn’t stop rising once $1400 levels were reached, with Bitstamp rates peaking at $1480. The spread between exchanges and Bitfinex has actually maintained its size close to $100 through the day. Thankfully traders at exchanges facing no issues didn’t give into a bearish market sentiment after the peak. Major Signals - Whilst trading volumes are no longer at record high levels, the market’s sentiment remained bullish.
- Upward price spikes were perceived with a positive follow up as the prices only kept rising as buying pressure was flooding markets.
- There has been some decline after the market’s peak and resistance now outweighs support by a great margin but no major sell offs just yet.
Full analysis on https://www.crypto-news.net/bitcoin-price-rising-above-1400-after-new-all-time-high/
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2.5.2017Bitcoin Price Shoots Above $1400; Reaching for New All Time High LevelsBitcoin markets managed to reach above price levels never before touched by BTC/USD rates. Prices reached a new all time high through the last trading session, with trading volumes reaching record levels as well. Bitfinex BTC/USD rates are now trading with a premium from other exchanges that has show above $200 with the exchanges bitcoin price trading above $1500 levels. Major Signals - Traders are now riding on a market sentiment more bullish than ever as prices have kept breaking through all time high levels through the day.
- Markets are showcasing a disconnect from Bitfinex’s course as the spreads kept becoming wider.
- It seems as though the peak near $1425 rates triggered a bearish response of strong selling pressure that’s currently having prices slightly below $1400 levels.
Full analysis on https://www.crypto-news.net/bitcoin-price-shoots-above-1400-reaching-for-new-all-time-high-levels/
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1.5.2017Bitcoin Price Back Onto Rising With Return of Buying PressureBitcoin markets continue being bullish and selling pressure seemed to be having no notable effect on bitcoin prices through the last trading session. Prices climbed from a low of $1315 levels all the way up to price levels reaching close to $1370. Resistance at this point appears to be outweighing support and with a great difference too. Selling pressure might be starting to set in as the price rise already reached a peak from what it seems. Major Signals - In contrast to yesterday’s market sentiment, traders contributed to quite a few positive developments today, with the price rising through buying pressure.
- While prices have reached a peak slightly below $1370 levels, prices are not starting to decline in what could be profit taking after the upward swing.
- The market’s sentiment didn’t take a downturn through yesterday’s bearish developments yet today’s rise in trading volumes leaves a taste of strengthened resistance.
Full analysis on https://www.crypto-news.net/bitcoin-price-back-onto-rising-with-return-of-buying-pressure/
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30.4.2017Bitcoin Price Keeps Above $1300 in Spite of Trading Volumes DecliningThe fact that trading volumes went down from the peak that was reached in preceding trading sessions lately didn’t stop price levels above $1300 from being maintained. BTC/USD rates might have peaked above $1340 through the last trading session, but in spite of the continuous selling pressure after that point, prices didn’t drop below $1315 levels. Major Signals - Bitcoin markets maintain support levels above $1300 in spite of volatility caused by the return of selling pressure’s effect.
- Resistance at $1330 after the price fall has been strengthened, making a return after the decline in trading volumes seem harder.
- Bitfinex’s premium remains and the spread is still looming around a $100 difference between prices of the two BTC/USD markets.
Full analysis on https://www.crypto-news.net/bitcoin-price-keeps-above-1300-in-spite-of-trading-volumes-declining/
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