Daily Bitcoin Price Analysis from Crypto-News.net

[Crypto-News]

I'll be posting daily bitcoin price analysis from Crypto-News.net

Those can be read under analysis section: https://www.crypto-news.net/category/trading/price-analysis/

27.12.2016

Traders can’t seem to stand by any significant downward pattern as any market downturn for BTC/USD rates till now has been reversed. Although trading volumes are still much higher than the averages, they’ve kept declining ever since the top of $920 was reached. Yet, BTC/USD markets peaked at this level once again.

Major Signals

• Trading volumes have kept falling ever since the previous peak, but this didn’t prevent the price from peaking at $920 once again.
• Buy walls above $900 are for once outweighing sell walls, something that indicated that the market might be settling at such levels.
• The more recent peak at $920 was followed by a correction and a so far persistent sideways trading trend.

Bitfinex BTC/USD markets were lead by strong selling pressure in the preceding trading session. Large trading volumes were consumed by back to back buy orders that pushed the price up close to the previous peak level. By this point, it’d be safe to say that the more obvious resistance levels at the moment sits around $920 levels.

However, this time the market might be more susceptible to a breakthrough. After a particularly bullish rally pushing the price to peak levels, sideways trading would most likely be followed by a continuation to previously ongoing patterns. Selling pressure also isn’t negligible at the moment, but given that the price being able to recover above $900 it surely is outmatched amidst this market sentiment.

Futures markets also seem optimistic, with an extra hint of exaggeration in upward price movements. OKCoin futures traders are surely welcoming the new bullish outbreak that came to the rescue only after BTC/USD rated had “plunged” below $860 in a day.

Over the course of the last few trading sessions, it’s been established that bulls aren’t having a particularly hard time breaking through resistance levels one after another; as bearish outbreaks are broken off pretty easily with the market’s sentiment changing so rapidly. This time bulls are faced with a challenging resistance level, which they’re now failing to surpass for the second time in the span of a few days. The following days could be detrimental for the continuation of the uptrend that still seems to be ongoing.

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[Glucose]

I'll keep an eye on your bitcoin price analysis.

Thank you for doing it. Do you plan to do an analysis every day ?

[Crypto-News]

I'll keep an eye on your bitcoin price analysis.

Thank you for doing it. Do you plan to do an analysis every day ?

Thanks for follow
Yes, we'll do it (almost) every day.

[Crypto-News]

28.12.2016

Bitcoin Price Rallies Once Again as BTC/USD Flirts With $950

Bitcoin markets are back to rallying once again. With substantially large buy orders being the leading force in the preceding trading session, BTC/USD markets are certainly in for another rally.

Major Signals

• Buying pressure in the last few hours has managed to push the price close to $950, smashing any subsequent resistance.
• A few large back to back buy orders seem to be responsible for the ongoing price rise in BTC/USD markets as bulls seem to smashing selling pressure.
• The upward price spikes seem sudden yet the market’s reception indicates a bullish market sentiment as any correction after spikes is met with more buy orders.

Bitfinex BTC/USD charts highlight that traders are still highly supportive of another price rise as no resistance level has managed to keep the rise of bitcoin prices back. While large buy orders push the price up, profit taking seems to be limited to sell orders that seem small in comparison to those aiding the price rise.

With the market’s sentiment being outstandingly bullish, it’s also important to note that new post 2013 highs are reached among historically high trading volumes. Bulls are winning a tough fight, and the fact that today’s trading volumes are higher than yesterday’s already large ones is no joke.

Futures markets are also following through with the rally’s success. It seems like OKCoin BTC/USD traders have started exaggerating upward spikes ever so slightly after the notion that a correction could come in amidst the rally was dispelled. It’s also worth noting that the positive margin with which futures differentiate from live BTC/USD rates has grown bigger than it was in any trading sessions lately.

With extra optimism and in increasingly bullish market sentiment, it’d be safe to say that the price rise just keeps gaining momentum and the uptrend is doing remarkably well. While substantial buy walls have formed at $950 levels, bulls make it feel like such a resistance level could be chewed through with ease.

Analysis from https://www.crypto-news.net/bitcoin-price-rallies-once-again-as-btcusd-flirts-with-950/

[Crypto-News]

29.12.2016

Bitcoin Price Takes Off; Flirts All Time Highs

Bitcoin’s price has only kept rising every since yesterday’s trading session. This historic price rise is achieved throughout what seems to be one of the days with the highest trading volumes achieved in bitcoin markets since its inception.

Major Signals:

• Futures are flirting with all time highs as they peaked just 5 USD away from $1000.
• Buying pressure is perhaps the strongest observed in BTC/USD markets ever since the 2013 bubble and perhaps even greater in terms of volumes.
• BTC/USD has been trading above $900 for almost three days no but the uptrend has not stopped since; support might be weak but the momentum of the rise is strong.

BTC/USD show that the market keeps rising with back to back buy orders, unlike to how it was progressing with just large buy orders a few days ago. This goes to show that traders are really taking it on themselves to be part of the ongoing rally and benefit from the market’s uptrend.

Profit taking and large sell orders amid this market sentiment keep being smashed once again, as even the largest sell orders were so far followed by a continuation to the price rise. The majority of traders sure are believers to the market’s short term uptrend and the all around bullish market sentiment.

Futures markets share the optimism, and even did so with great exaggeration. OKCoin BTC/USD weekly futures markets seem to have gone through a correction in the last few hours as a substantially large sell order squeezed the margin between live BTC/USD markets and futures significantly. While OKCoin weekly futures were nearing $1000 levels, a sell order exaggerating a downward spike of BTC/USD markets pushed futures rates down to $968 levels.

Summarizing, while supports for any levels above $900 isn’t certain yet the current price rally sure has a great momentum. One could argue that bitcoin is going through another bubble but markets have surely matured since 2013, and there surely is quite a bit of new money being spent into buying bitcoins so it wouldn’t be safe to assume that the ongoing rally is a result of price manipulation. Despite all this, seeing new highs wouldn’t seem unlikely with the momentum the market has.

Analasys from: https://www.crypto-news.net/bitcoin-price-takes-off-flirts-all-time-highs/

[Some Mouse]

Cool thread. Maybe it will even help me on my trades. You cool dude. You cold as ice.

[Crypto-News]

30.12.2016

Bitcoin Price Down Through Post Peak Volatility

Bitcoin markets sure are hyperactive today, with trading volumes being close to historic highs. Yet somehow, selling pressure seems to once again be gaining ground. Bitcoin prices touched the bottom of $945 today and BTC/USD markets seems to be heavily affected by the volatility following the peak above $980.
Major Signals

• Bitcoin’s price sure seems to have stopped rising but trading volumes are at remarkably high levels still.
• Selling pressure pressuring the price down seems surprisingly sudden but comes through a prolonged price rally, after which volatility is expected.
• Major downward spikes caused by large sell orders aren’t really followed by swift recoveries so it’d safe to say that traders might be assuming a shift in the market’s sentiment.

Bitfinex BTC/USD charts make it clear that the recent fall in bitcoin’s price is mostly caused by incredibly large sell orders. While some might think that this could mark the end of the rally, another scenario would be that bearish traders were waiting for buying pressure to wear off so they could maximize profits.

Either way, bitcoin traders only seem to be following up with a hasty recovery after a downward spike when BTC/USD reached the bottom of $945 in the last few hours. The size of previous sell orders that caused downward spikes might have scared traders off betting in a recovery, and hence further falls followed.

Futures markets traders surely are big believers in today’s market mood. As of earlier downward spikes appeared to be greatly exaggerated whilst recoveries from live BTC/USD markets don’t seem to be receiving equivalent follow ups in futures markets. However, after the more recent bottom was reached in live BTC/USD markets, futures trades might be expecting a change in the market’s movements following such a drop.

Overall, the market’s sentiment seems to be affected by the events while going through a bearish trading session that feels like a post-rally correction. Yet, the fact that the drop was mostly caused by only a few large sell orders means that traders are still looking to pick up signals on what direction could be followed afterwards. It’d safe to say that the following hours are going to be crucial for BTC/USD markets.

Analasys with graphs: https://www.crypto-news.net/bitcoin-price-down-through-post-peak-volatility/

[600watt]

next 24 hrs are critical^TM

 

[Crypto-News]

31.12.2016

Bitcoin Price Bows to Selling Pressure, Reaches Below $930

As the rally pushing the price up seems to have been brought to an abrupt end by large sell orders in yesterday’s trading session profit taking seems to have started becoming a leading force in BTC/USD markets. Bitcoin’s price even fell below $930 but has since recovered above $950.

Major Signals

• Trading volumes have persistently been much higher than average in the latest trading sessions, although today’s trading volumes are down compared to the ones of previous trading sessions.
• Selling pressure is outmatching buying pressure as more and more traders seem to be losing interest in riding an eventual continuation to the rise, letting, profit taking take over.
• The market’s sentiment certainly seems to have shifted away from how bullish it was at the peak of the rally, yet support for pre-rally levels has not been breached.

Bitfinex BTC/USD charts make it apparent that selling pressure stands behind more significant portion of the market’s movements in today’s trading session amids volatility. However, BTC/USD markets have not taken a complete downturn. All and all, It’s also important to remember bitcoin was trading below $900 on Christmas, a level that has not been breached yet.

While we didn’t see bitcoin’s price reaching above $1000, the fact that there’s support for levels above $900 after such breaks through resistance makes for a good base for the market’s future outlook. After all, volatility sure is expected after such rallies, and profit taking is always bound to take place.

Futures markets on the other hand,seem to have been exaggerating on sell orders quite a bit throughout this trading session, but the current recovery also appears to have received a proper follow through from futures traders in OKCoin’s BTC/USD Weekly Futures charts.

In summary, in spite of the fact that bitcoin’s price fell below $930, the recovery after that fall makes it feel like it’s not all gloom and doom in BTC/USD markets. The markets sentiment isn’t particularly bullish but traders were surely expecting such volatility as it’s not all bearishness either.

Full analisys on https://www.crypto-news.net/bitcoin-price-bows-to-selling-pressure-reaches-below-930/

[Crypto-News]

2.1.2017

Bitcoin Price Rises Above $1000

Bitcoin’s value appears to be surging close to all time highs in a rally that seems to be surprisingly prolonged. The market’s sentiment is back at being bullish while BTC/USD markets.

Major Signals

• Selling pressure continues being outmatched by buying orders as BTC/USD markets are once again bullish in spite of trading remaining close to the ones of previous trading sessions.
• The ongoing rise follows a price drop down to $950 levels and in spite of this great recovery taking shape from multiple back to back buy orders, a large one pushed the price above $1000 levels only for the market to continue the rise.
• The market’s sentiment is surprisingly bullish, as in spite of a significant break through resistance taking place the price has only kept rising since.

Bitfinex BTC/USD charts showcase the market’s bullish market sentiment. The fact that BTC/USD markets only kept rising with o correction after a large upward price spike pushed the price above the resistance.

While volatility is surely expected after such breaks through resistance it surely doesn’t appear to have set in yet. Most probably traders are waiting for the rally’s peak to maximize profits, hence why selling pressure seems to be falling back through the new price rise.

Futures markets follow the optimism with great exaggeration to upward movements today. More specifically, after the rally was realised OKCoin BTC/USD futures spiked, this way making the marginal difference between live markets and futures even greater than it was.

Overall, it’d be safe to say that the market’s sentiment is still reasonably bullish as long as BTC/USD rates remain close to the new peak level of $1000. While some selling pressure has made its appearance in the market it sure is no indicator that the long term rise is over among such a market sentiment. Perhaps the current rally might be slowing down but the overall uptrend is likely to continue, perhaps even in trading sessions of the following days.

Analysis from https://www.crypto-news.net/bitcoin-price-rises-above-1000/

[Crypto-News]

3.1.2017

Bitcoin Price Keeps Rising After 3 Year High

Bitcoin markets have remained bullish after a significant break through resistance and three year high point. The price kept rising throughout the first day of the year after rising above 1000$ levels, with trading volumes remaining relatively high.

Major Signals

• Market sentiment kept being bullish, as selling pressure had no apparent effect on the market, with large sell orders being recovered from in a matter of minutes.
• Large sell orders have however now started making an appearance as more traders might be feeling that the rally has reached a peaking point.
• It also became apparent that no support levels are here yet to keep the price above 1000$ as large sell orders managed to make the price fall at below $995 levels.

Bitfinex BTC/USD makes it apparent that post-rally volatility has surely started settling in. While trader’s aren’t necessarily losing confidence in the rally, provided that recoveries from downward spikes were swift, some traders are surely cashing out; perhaps thinking that this might be a peak point.

The recovery following the recent downward spikes seems to be driving the price at levels around $1020, yet some selling pressure seems to be making an appearance, trailing behind large downward spikes that the market has recovered from.

Future’s markets don’t seem to be in consistency with the recent halt in the short uptrend of live markets. While downward spikes were also reflected in OKCoin’s weekly futures markets, the marginal difference between the markets still remains large and downward spikes don’t seem to be affecting future’s prices as severely.

Overall, it’s important to note that volatility is sure to be expected after such a significant break through resistance. The price might have briefly fallen below the recently achieved level of $1000 but this doesn’t imply an end to the long term uptrend. Especially since the market

Full analysis: https://www.crypto-news.net/bitcoin-price-keeps-rising-after-3-year-high/

[Crypto-News]

4.1.2017

Bitcoin Price Keeps Rising While Above $1000 Levels

Bitcoin’s price seems to have quickly and completely shaken off the negativity preceding past trading session. As trading volumes are still above average in spite of not going up, the selling pressure that was plaguing the market seems to have been significantly limited.

Major Signals

• A support level for levels more closer to $1000 has not formed yet as the price was trading below this level just a day ago, but there seem to be substantial buy walls a little below current levels.
• Buying pressure is once again having a visible impact on the market and for now, it doesn’t seem to be fighting a tough battle with large sell orders.
• The price spikes are pushing the price to new highs since 2013 above $1000 levels, and it currently looks like there’s no stopping to the rally’s momentum as it stands as the price climbs closer to $1050.

Bitfinex BTC/USD charts make it apparent that the market was perfectly ready to welcome another bull run in spite of yesterday’s brief negativity. A long upward patterns caused by substantial back to back buy orders appears to be the result of this trading session.

While BTC/USD markets appear to be lead by yet another rally it’s important to remember what’s been leading the market to such movements. Yesterday’s somewhat bearish trading session appears to have been followed by a short lived sideways trend and today’s price rise happens amidst trading volumes lower since that time. This is an important point as to how substantial the latest rise could be in the short term.

Futures markets are surely following a less smooth path to the top. Perhaps futures traders were more skeptical about the potential a continuation to the rally could have. However, the end result appears to be a proper follow up to movements of live BTC/USD markets.

Overall, the positivity appears to be evenly split among markets, but some traders appear to be losing confidence in the short term potential of the current rally, perhaps thinking that it could have already reached its peak.

Analysis:
https://www.crypto-news.net/bitcoin-price-keeps-rising-while-above-1000-levels/

[Rahar02]

It's a great job to do daily analysis of bitcoin price.
Bitcoin price just reach $1080 on preev.com last time I checked.
Bull run seems unstoppable for now, bitcoin global volume trading keep on buy lane and more adopters realize to not sell if the price hit certain point. I'm wondering which side of area that gave so much effect to bitcoin price, what reasons/community behind it.

[Crypto-News]

5.1.2017

Bitcoin Price Spikes Amidst Historically High Trading Volumes; Nearing New All Time Highs?

Bitcoin’s price has once again skyrocketed to new three year highs, with bulls pushing the price higher and higher with every peak. It seems as though the sky is the limit with such a bullish market sentiment as back to back buy orders help the price rise amid historically high trading volumes like resistance is nonexistent.
Major Signals

• Bitcoin’s price shoots through new three year high points like there’s no resistance to speak in what seems to be the dawn of another rally.
• The few downward spikes observed in today’s trading session were swiftly followed recoveries and more buying pressure.
• While buy walls seem to be outweighing sell walls, the sell walls above $1135 levels seem to have grown in size since BTC/USD fell from its peak at $1150.

Continue reading on...
https://www.crypto-news.net/bitcoin-price-spikes-amidst-historically-high-trading-volumes-nearing-new-all-time-highs/

[Telepo]

I'll be posting daily bitcoin price analysis from Crypto-News.net

Those can be read under analysis section: https://www.crypto-news.net/category/trading/price-analysis/

27.12.2016

Traders can’t seem to stand by any significant downward pattern as any market downturn for BTC/USD rates till now has been reversed. Although trading volumes are still much higher than the averages, they’ve kept declining ever since the top of $920 was reached. Yet, BTC/USD markets peaked at this level once again.

Major Signals

• Trading volumes have kept falling ever since the previous peak, but this didn’t prevent the price from peaking at $920 once again.
• Buy walls above $900 are for once outweighing sell walls, something that indicated that the market might be settling at such levels.
• The more recent peak at $920 was followed by a correction and a so far persistent sideways trading trend.

Bitfinex BTC/USD markets were lead by strong selling pressure in the preceding trading session. Large trading volumes were consumed by back to back buy orders that pushed the price up close to the previous peak level. By this point, it’d be safe to say that the more obvious resistance levels at the moment sits around $920 levels.

However, this time the market might be more susceptible to a breakthrough. After a particularly bullish rally pushing the price to peak levels, sideways trading would most likely be followed by a continuation to previously ongoing patterns. Selling pressure also isn’t negligible at the moment, but given that the price being able to recover above $900 it surely is outmatched amidst this market sentiment.

Futures markets also seem optimistic, with an extra hint of exaggeration in upward price movements. OKCoin futures traders are surely welcoming the new bullish outbreak that came to the rescue only after BTC/USD rated had “plunged” below $860 in a day.

Over the course of the last few trading sessions, it’s been established that bulls aren’t having a particularly hard time breaking through resistance levels one after another; as bearish outbreaks are broken off pretty easily with the market’s sentiment changing so rapidly. This time bulls are faced with a challenging resistance level, which they’re now failing to surpass for the second time in the span of a few days. The following days could be detrimental for the continuation of the uptrend that still seems to be ongoing.

That is great, Guy. We have more bitcoin source for investing and trading.
This analysis will help us have more good decisions on investing or trading.
The price is very interesting for bitcoin holders and traders. Thank you, Guy.

[Crypto-News]

6.1.2017

Bitcoin Price Goes Through Harsh 15% Correction With Trading Volumes Through the Roof

BTC/USD markets were shaken all about by whales dumping coins causing what was likely one of the largest sell offs in bitcoin’s history, if not the largest. Prices dropped around 15% while trading volumes during the day’s trading session surpassed all previous 24h records.
Major Signals

• Incredibly large sell orders had a major impact on the market after the peak of $1166 was reached in Bitfinex BTC/USD markets.
• Trading volumes have reached a historically high level. An achievement that might be overshadowed by how the immersive selling pressure appears to have overpowered the market’s uptrend.
• Bitcoin’s price dropped down to $890 but the recovery from sub $900 levels appears to have been instant as buy ordered were triggered from the existing orderbook at the time that the particular whale appears to have unloaded bitcoins into the market.

Read whole analysis on https://www.crypto-news.net/bitcoin-price-goes-through-harsh-15-correction-with-trading-volumes-through-the-roof/

[Crypto-News]

7.1.2017

Bitcoin Price Gives Into Bearish Signals

Bitcoin markets have gotten quite the downturn after whales unloaded large sums of bitcoins shortly after the market’s peak. Ever since that peak at $1166, the market appears to have given in to the pressure that hindsight the current downward pattern with large sell orders. Trading volumes have also begun going down, so it’d be safe to assume that BTC/USD rates might be settling at such levels.

Major Signals

• The marke’s sentiment is bearish after quite some time that BTC/USD markets were abstaining from giving in to bearish signals.
• Traders are perhaps starting to believe that this downturn could mark the end of the market’s rising pattern, as prices didn’t stay above $1000 in spite of an attempted recovery.
  
• BTC/USD rates are having trouble staying above $900 as the downturn appears to be continuing.

Whole analysis available on https://www.crypto-news.net/bitcoin-price-gives-into-bearish-signals/

[Crypto-News]

9.1.2017

Bitcoin Price Moves Through Price Spikes Amid Volatility

An apparent sideways trend has been driving bitcoin’s price in spite of volatility that naturally follows the downward spikes and breach of supposed levels after the rally. The current market sentiment has moved a step away from being increasingly bearish but support levels have not been established yet.

Major Signals

• Bitcoin markets seem to be settling at levels around $900 in site of occasional breaches to this level.
• Further price falls don’t seem too unlikely amid such a market sentiment as traders don’t seem confident to stand behind apparent support levels.
• Recoveries from sub $900 levels happened several times throughout the day so it’d be safe to say that BTC/Usd market might be trying to stay away from further significant price falls.

Bitfinex BTC/USD charts are indicative of the divide in the market. While resistance is strong at levels above $900 the price has climbed above this level several times throughout the day. While a price rise would seem unlikely with such resistance and amid the current market sentiment many traders are certainly counting on an end to the decline.

However, even after several ups and downs the market can’t seem to decide upon a certain pattern. The most recent drop pushed BTC/USD down to levels lower than all the previous downward spikes that had been recovered from. This is indicative that selling pressure isn’t backing down and several traders feel the need to try their hands in profit taking even after the rally.



As seen in the above OKCoin BTC/USD weekly futures chart, while futures traders weren’t amused by the volatility of live markets, the more recent downward spike appears to have received an exaggerated follow up. This points to the harsh reality that many traders aren’t confident that the decline in bitcoin’s price would stop soon.

All in all, the market’s sentiment might have gotten away from the overly bearish mood when the price couldn’t stop falling but BTC/USD markets have certainly not shaken off the negativity.

[Crypto-News]

10.1.2017

Bitcoin Price Keeps Being Moved by Volatility

Bitcoin markets are still adapting to the post-rally scene but the market’s mood keeps swinging from one direction to another without much regard to outside signals. Traders don’t seem to be entertained by price movements as trading volumes have only kept dropping in the last few days.



Major Signals

• Bitcoin’s price kept dropping until it fell down to $980, with buying pressure seemingly unable to exhaust resistance up to this point.
• The recovery from the most recent drop seemed to be followed by a response of back to back buy orders, pushing the price up to $918.
• This upward spike was followed by a quick correction, settling the price closer to $910 levels.

As trading volumes wear off through time, the market’s sentiment remains relatively bearish as exhausting selling pressure with such resistance keeps feeling harder. The market might have moved away from sideways trailing yet the direction it’s going to follow only seems more uncertain now.

https://www.crypto-news.net/bitcoin-price-keeps-being-moved-by-volatility/

[Crypto-News]

12.1.2017

Bitcoin Price Undergoes Hard Downturn

Whales ended yet another sideways trading trend with sudden price spikes. This time selling pressure breached even pre-rally support levels with the market showing no signs of return so far as bitcoin prices fell from $900 to $760 levels.


Major Signals

• BTC/USD markets were plagued by immersive selling pressure lead by just a few large sell orders.
• Bitcoin markets keep giving in the bearish mood paved by big players within the span of the ongoing trading session.
• Support levels are non existent and the market’s response to downward spikes doesn’t seem particularly exciting.

Bitfinex BTC/USD charts make it clear that the market’s sentiment was given no chance to recover after the short lived sideways trading trend of the previous trading session. With bitcoin volumes rising to levels almost double than yesterday’s, BTC/USD markets have seen nothing but expanded selling pressure, with a remarkable tendency to push down bitcoin’s price amid the current market sentiment.

The lack of support by traders is quite astounding, athe the fact that bitcoin rates have already surpassed a fall greater than 15% makes it feel than even a mid term recovery would be unlikely. Thankfully buy walls seem substantial exactly at the $760 level but with such immersive sell orders being filled it wouldn’t be unlikely to see another breach.





Futures markets are head on pessimistic at the moment. As seen in the above OKCoin BTC/USD weekly futures chart, futures traders are exaggerating the downfall in bitcoin’s price by a margin between live BTC/USD markets greater than the ones seen in recent trading sessions, especially after the rally’s end.

While bitcoin markets seems overly bearish, it’s important to look back at long term pre-rally bitcoin price levels. BTC/USD rates have returned to levels bitcoin was trading at before December. While the more recent falls might not mark the end of the long term uptrend that holds its roots back in mid 2015, but its certainly not a good sign for its purported sustainability.


https://www.crypto-news.net/bitcoin-price-undergoes-hard-downturn/

[Crypto-News]

13.1.2017

Bitcoin Price Recovers Above $800 Levels



Bitcoin’s price is finally starting to look up again as selling pressure seems to have backed down in the latest trading session. After BTC/USD reached a bottom at around $750 levels, a recovery back above $800 levels was achieved while resistance was weak.


Major Signals

• The recent recovery certainly doesn’t look like a bullish overturn but it’s nevertheless a positive indicator as it showcases how BTC/USD markets wouldn’t remain in a permabear state.
• The rise above $800 levels happened amid a period of relatively low volumes but large sell orders have since moved the price below $800.
• The lack of selling pressure apparently didn’t last that long, which serves as an indicator that a bearish market sentiment is still at large.

Bitfinex BTC/USD charts showcase how the market is still flirting with $800 after the recent downward spike leading the price much lower than the recovery’s level. Such market movements are certainly to be expected when a price rise takes place in a market whose sentiment was overly bearish hours ago.

Yet, the fact that some buying pressure is finally making its presence felt at levels around $800 goes to show that at least some traders might have reached a point at which more price falls would be unlikely.





Futures charts make it astoundingly apparent that futures traders are not buying in the fresh optimism of live BTC/USD markets. As the above OKCoin BTC/USD weekly futures chart shows, futures have kept trading at rates lower than the ones in live markets throughout the ongoing trading session and are likely set to continue doing so.

Overall, it’s important to highlight that the recovery in bitcoin’s price is happening amid a slow day with not much to see in terms of activity. It’s not surprising that many traders are playing it safe by betting on the price falling away from the recovery but immersive selling pressure just doesn’t seem to be present today in spite of all the preceding bearishness.


https://www.crypto-news.net/bitcoin-price-recovers-above-800-levels/

[Crypto-News]

14.1.2017

Bitcoin Price Recovers to $820 Levels

Bitcoin trading volumes might not be picking up in today’s trading session, prices are certainly undergoing a healthy recovery from sub $800 levels. With resistance overshadowing the future of a more significant price rise though, the potential outlook of this recovery doesn’t seem to positive.

Major Signals

• The markets sentiment seems to have shaken off the apparent bearish signals for now.
• Lower trading volumes come with lower confidence to upward movements BTC/USD follows, especially with such looming resistance.
• BTC/USD rates didn’t move much above $832 levels, with selling pressure pushing the price down each time a price rise was taking shape.

Whole analysis can be read on Crypto-News.net:  https://www.crypto-news.net/bitcoin-price-recovers-to-820-levels/

[Crypto-News]

15.1.2017

Bitcoin Price Manages to Stay Above $800

Bitcoin markets have kept trading above $800 levels in spite of the selling pressure present in the market. While BTC/USD almost fell to $800 at one point, it has since recovered to levels close to $815. It’s definitely noteworthy that support levels might be starting to take shape but with trading volumes lowered so much it’s not a remarkable achievement


Major Signals

• The trading volumes in the latest trading session might be of the lowest 24h ones seen throughout the start of the year, perhaps even since the beginning of the rally.
• Selling pressure is still present in the market but sell walls have been significantly reduced in comparison to preceding trading sessions.
• The recovery from sub $800 levels reached a top of $838 but the price also reached $834 yesterday.

Bitfinex BTC/USD markets showcase how selling pressure is finally backing down. The lack of it becomes apparent when even the largest sell orders can’t break through the relatively weak recently established support level at $800. The fact that volumes are as low certainly has to do with the weakening of selling pressure though.

The market is looking for a new dynamic, but it doesn’t look like another rally would be starting out soon either. Selling pressure becomes felt in the form of resistance whenever bitcoin prices are reaching close to breaking through it.





Futures prices are continuing being pessimistic throughout the recent recovery and today’s trading session was no exception. OKCoin BTC/USD traders apparently fell for the downward spike created by large sell orders in live BTC/USD markets. Not only that, but there also was quite a bit of an exaggeration in the market’s followup as the marginal difference between the two markets only grew bigger with it.


https://www.crypto-news.net/bitcoin-price-manages-to-stay-above-800/

[Crypto-News]

16.1.2017

Bitcoin Price Met With Resistance Below 840 Levels


Bitcoin prices are moved by volatility amid daily trading volumes that are damningly lower than the ones seen throughout the rally. Yet even amid lower volumes traders are facing difficulty pushing the price above resistance levels that have emerged after the fall. Any recovery would be hard under such a setting.


Major Signals

• BTC/USD was seen peaking close to $838, yet resistance already seemed to strong for any further progress.
• The response following the peak was a swift correction, with a downward spike pushing the price back down to $830 levels.
• Following a bottom down to $807 levels, it’s interesting how the market is lead by volatility while managing to keep bitcoin prices within such a range.

The rest of the analysis can be read on Crypto-News.net:  https://www.crypto-news.net/bitcoin-price-met-with-resistance-below-840-levels/

[Crypto-News]

17.1.2017

Bitcoin Price; Set to Climb Above $900?

Bitcoin’s price managed to stay above $870 levels after the recent price recovery and we’re now seeing a continuation to the rise. This time with a substantially large buy order helping the price come closer to $900 levels.

Major Signals

• Whilst the recovery in yesterday’s trading session wasn’t followed up with instant positivity, bitcoin markets now look like they’re set to surpass $900 levels soon.
• Sell walls at $900 levels are substantially large and with weak underlying support breaking through it would be a crucial achievement for the market’s turnout.
• The market’s sentiment might have not looked ready to welcome such a price rise, but the spike’s impact should be judged on the long run, as the preceding rise was successful.

Analysis from https://www.crypto-news.net/bitcoin-price-set-to-climb-above-900/

[Crypto-News]

19.1.2017

Bitcoin Price Volatile After Break Through Resistance

The break through resistance at $900 levels in yesterday’s trading session received a follow up that was quite eventful. BTC/USD rates momentarily felt down to $850 levels but swiftly recovered -and kept trading- around $870. A recent price spike pushed the price back up, close to $900 it didn’t look like the market is ready to welcome another rise above such levels at the time.

Major Signals

• Bitcoin markets didn’t seem to be able to withstand selling pressure from back to back sell orders pushing the price down to $850.
• The fact that this dip follows a break through resistance at $900 levels goes to show that signals of a bearish market sentiment have not gone away.
• Another rise above $900 levels seems unlikely at the moment amid such volatility in spite of weakened resistance.

Read further on:
https://www.crypto-news.net/bitcoin-price-volatile-after-break-through-resistance/

[Crypto-News]

23.1.2017

Bitcoin Price Keeps Trading Near $900 Amid Volatility

Bitcoin markets are lead by a climate of volatility with prices being moved up and down continuously by market forces. A recent downward spike that pushed the price below $900 levels was followed by a correction, with BTC/USD rates currently around $915.

Major Signals

• Whilst bitcoin’s price dipped below $900 levels briefly, the recovery has since managed to keep the price above such levels.
• Upward and downward swings are becoming a more common theme in BTC/USD markets, although the spectrum has shrinked after the recovery from the recent downward spike.
• Underlying support has been weakened substantially especially given that the recent downward spike breached through it.

Keep reading on https://www.crypto-news.net/bitcoin-price-keeps-trading-near-900-amid-volatility/

[Crypto-News]

24.1.2017

Bitcoin Price Corrects Pressured Below $900


A couple of large sell orders pushed BTC/USD rates back to price levels below $900. Bitcoin markets kept on a sideways trading trend throughout the trading session and this recent development appears to have brought a halt to this amid lower trading volumes. The fact that traders aren’t confident in support levels is once again showing.


Major Signals

• The sideways trading trend that dominated BTC/USD markets after prices fell from a spike above $920 levels was brought to a halt by downward spikes.
• The market’s reception to this fall doesn’t seem particularly positive so far as the response didn’t manage to swiftly recover back close to pre-fall levels.
• The confidence of traders seems to have been reduced as the inability to form reliable support levels seems like a common theme in the recent days.

Continue reading on here https://www.crypto-news.net/bitcoin-price-corrects-pressured-below-900/

[600watt]

24.1.2017

Bitcoin Price Corrects Pressured Below $900


A couple of large sell orders pushed BTC/USD rates back to price levels below $900. Bitcoin markets kept on a sideways trading trend throughout the trading session and this recent development appears to have brought a halt to this amid lower trading volumes. The fact that traders aren’t confident in support levels is once again showing.


Major Signals

• The sideways trading trend that dominated BTC/USD markets after prices fell from a spike above $920 levels was brought to a halt by downward spikes.
• The market’s reception to this fall doesn’t seem particularly positive so far as the response didn’t manage to swiftly recover back close to pre-fall levels.
• The confidence of traders seems to have been reduced as the inability to form reliable support levels seems like a common theme in the recent days.

Continue reading on here https://www.crypto-news.net/bitcoin-price-corrects-pressured-below-900/

bitstamp @ $914. imho the bear attack was weak and the support was strong. 

[Crypto-News]

26.1.2017

Bitcoin Price Recovers Back Above $900




Bitcoin markets went through a relatively harsh period of time over the last couple of trading sessions with prices having fallen down below $885 levels. Yet, BTC/USD rates appear to be picking up again as bitcoin’s price rose above $900 once again amid growing trading volumes. However, the perception to the price spike doesn’t seem to be particularly positive.


Major Signals

• Bitcoin traders quickly shook of the overwhelming negativity of the prolonged bearish market sentiment that was keeping the price below $900.
• The recent rise originating from back to back buy orders triggered alarge buy order, pushing the price at $905 levels.
• The market’s reception to the spike above $900 levels was swift and a correction driven by selling pressure is at the time keeping the price at $900 levels.

Continue reading on here https://www.crypto-news.net/bitcoin-price-recovers-back-above-900/

[Crypto-News]

27.1.2017

Bitcoin Price Moves Back Above $915

Bitcoin markets appear to be going through a phase going against the apparent bearish mood over the last few trading sessions. Some support seems to have taken shape as BTC/USD rates are keeping above after the recent recovery, in spite of selling pressure originating from large sell orders.

Major Signals

• After some sideways trading, BTC/USD prices were pushed back above $900 by back to back buy orders.
• The rise seems to be much more organic this time as it happens from several buy orders amid rising trading volumes.
• Post-recovery support has prevented the price from falling below $910 as even large sell orders have failed to cause a price fall pushing BTC/USD under such levels.

Ful analysis on https://www.crypto-news.net/bitcoin-price-moves-back-above-915/

[Crypto-News]

29.1.2017

Bitcoin Price up Amid Lowered Trading Volume

Bitcoin’s price is surely affected by volatility in spite of trading volumes going down in comparison to past trading sessions. BTC/USD markets hardly even breached below $915 only for a top above $920 to be reached only hours later. Pressure at either direction doesn’t seem clear at the point but it doesn’t seem like specific support levels have been identified either.

Major Signals

• While trading volumes have gone lower, BTC/USD markets are enjoying a bit of support above $915 levels whilst selling pressure seems chewed out.
• Volatility seems to be a major factor in the market’s movements in spite of the lack of strong trading volumes yet the range through which the price moves doesn’t seem wide.
• While resistance also doesn’t seem strong it certainly outweighs support levels, setting a hard milestone to break through for significant price rises to take place.

Ful analysis on https://www.crypto-news.net/bitcoin-price-up-amid-lowered-trading-volume/

[lambofan]

28.1.2017

Bitcoin Price up Amid Lowered Trading Volume

Bitcoin’s price is surely affected by volatility in spite of trading volumes going down in comparison to past trading sessions. BTC/USD markets hardly even breached below $915 only for a top above $920 to be reached only hours later. Pressure at either direction doesn’t seem clear at the point but it doesn’t seem like specific support levels have been identified either.

Major Signals

• While trading volumes have gone lower, BTC/USD markets are enjoying a bit of support above $915 levels whilst selling pressure seems chewed out.
• Volatility seems to be a major factor in the market’s movements in spite of the lack of strong trading volumes yet the range through which the price moves doesn’t seem wide.
• While resistance also doesn’t seem strong it certainly outweighs support levels, setting a hard milestone to break through for significant price rises to take place.

Ful analysis on https://www.crypto-news.net/bitcoin-price-up-amid-lowered-trading-volume/

Right, trading volumes have gone lower is mainly due to the Chinese side, to the increase in fees of the exchanges and the celebration of the Chinese year.

[Crypto-News]

30.1.2017

Bitcoin Price Goes Through Downturn Down to $910

Bitcoin’s price is driven by a particularly bearish market sentiment amid the last few hours. Back to back sell orders are becoming the leading force of market movements forcing BTC/USD rates to plunge down to a low around $910.


Major Signals

• BTC/USD markets apparently had a hard time shaking off the bearishness of previous trading sessions.
• In spite of relatively low trading volumes selling pressure forced BTC/USD rates down to $910, breaching purported support at $915 levels.
• The sell order responsible for the price fall breaching $915 levels seems to be particularly large in the setting of today’s trading session, but a recovery seems to be underway.

Full analysis on https://www.crypto-news.net/bitcoin-price-goes-through-downturn-down-to-910/

[Crypto-News]

31.1.2017

Bitcoin Price Goes up Slightly Along with Growing Trading Volumes


Bitcoin markets aren’t moved by any significant trends at the moment but BTC/USD rates are in general moved by a more positive market sentiment that the overall lookout preceding trading sessions had. What’s more interesting though is that bitcoin prices are moving within a very specific margin in spite of an increase in trading volumes.



Major Signals

• BTC/USD rates climbed above $915 and are currently trading above $920 levels after resistance was hit at $920.
• Resistance levels seem remarkably strong at a $930 price point, yet resistance below this level seems comparable to active buy orders in terms of buy/sell walls.
• BTC/USD has come into this state giving an eerie feeling of a sideways trend right after falling slightly below price levels of $915.

Full analysis on https://www.crypto-news.net/bitcoin-price-goes-up-slightly-aling-with-growing-trading-volumes/

[Bitcoin0916]

Completed, it looks like January's prices in the range of $920, expectations that January will reach $1.000 is wrong. I also think that prices in January would be like this, it will not reach the $1.000. Many people expected that when Chinese new passed the price will be high again, but already 3 days passed and there has not been a significant thing.

[Crypto-News]

02.2.2017

Bitcoin Price up by More Than 5% as Buying Pressure Returns


Bitcoin markets are back to featuring rising prices as all of a sudden buying pressure seems to be coming back into play. The positive overturn managed to break through resistance and completely change the market’s mood. With BTC/USD markets now seeming to have come out of a sideways trend, bitcoin’s price is peaking at $975.


Major Signals

• BTC/USD markets made an impressive exit out of the sideways trading trend that seemed to have been going on with a price settled around $920.
• The market’s mood might be shifting but the current outlook seems more like an bull run at the middle of a rally; successfully chewing through resistance.
• While the outcome of such an event might be uncertain, the price rise does seem to have met some resistance above $975.

Full analysis on https://www.crypto-news.net/bitcoin-price-up-by-more-than-5-as-buying-pressure-returns/

[Crypto-News]

03.2.2017

Bitcoin Price Spikes Above $1000 in Remarkable Rally


Bitcoin markets are still affected by the powerful overturn that recently started pushing the price up from $900 levels. BTC/USD rates reached and are currently trading above $1000 amid relatively high 24 hour trading volumes in comparison to previous trading sessions.


Major Signals

• It’s up to question whether or not support would form around current levels after the recent uptrend but there’s still enough buying pressure for the price to stay above $1000.
• The upward spike leading BTC/USD markets above appears to have begun after a dip where the price fell down to $970 levels.
• The uptrend might have been met with resistance at around $1010, but this isn’t something reflected in sell walls so a breakthrough might be just around the corner.

Full analysis on https://www.crypto-news.net/bitcoin-price-spikes-above-1000-in-remarkable-rally/

[Crypto-News]

04.2.2017

Bitcoin Price Keeps Above $1000 in Spite of Selling Pressure


Bitcoin markets are still under the effect of the price rise kickstarted not long ago as the current price rally was taking shape. Some large sell orders have managed to breach below support levels through the last trading session yet buying pressure put prices back on track with swift recoveries above $1000.


Major Signals

• Resistance at $1020 levels still remains unbreached as BTC/USD markets started being overwhelmed with heavy selling pressure when this level was hit.
• Sell walls at $1020 are outweighing buy walls significantly at the moment as the market is probably still being balanced out after the recent downward spikes.
• The momentum of the market projecting further price rises has certainly slowed down but it’s notable that prices are remaining above $1000 levels amid such volumes and resistance.

Full analysis on https://www.crypto-news.net/bitcoin-price-keeps-above-1000-in-spite-of-selling-pressure/

[Crypto-News]

05.2.2017

Bitcoin Price Keeps on Rising Above $1000


Bitcoin markets are driven by a sentiment that keeps on improving its positivity. Whilst a downward price spike might have caused a drop in BTC/USD rated back in February the 3rd, yet the price hasn’t dropped below such levels ever since.


Major Signals

• Selling pressure might have been exhausted throughout preceding trading sessions that were a bit more bearish.
• BTC/USD met resistance at $1040 levels yet with its current momentum breaking through it wouldn’t be surprising.
• Ever since the peak of $1040 was hit, BTC/USD has been settling around $1030 levels, in an outcome that is to be expected following an upward spike like the more recent one.

Full analysis on https://www.crypto-news.net/bitcoin-price-keeps-on-rising-above-1000/

[Crypto-News]

06.2.2017

Bitcoin Price Hit by Selling Pressure


Bitcoin markets appear to have started giving into selling pressure as the peak at $1040 was only followed by a general drop in BTC/USD rates. Large sell orders caused major drops in bitcoin prices with BTC/USD rates going as low as $995. The recovery back to $1000 levels might have been swift but the overall change in the market’s sentiment becomes apparent and could be indicative of how traders might have expected better.


Major Signals

• Support for $1000 levels has by now been chewed through by the recent wave of selling pressure.
• Resistance has certainly outpaced the already substantially weakened support, something that’d surely affect the sentiment of upcoming trading sessions.
• A continuation to the price rise that began through this rally seems significantly harder now as the rally might even be coming to an end.

Full analysis on https://www.crypto-news.net/bitcoin-price-hit-by-selling-pressure/

[600watt]

i think your analysis are generally too bearish. $1k showed good support several times. today price will rise, imho. (please tell me if you get bothered by my posts, i will stop doing this  )

[Crypto-News]

i think your analysis are generally too bearish. $1k showed good support several times. today price will rise, imho. (please tell me if you get bothered by my posts, i will stop doing this  )

You can post your opinion, why not.

[Crypto-News]

07.2.2017

Bitcoin Price Nears $1050 Once Again


BTC/USD markets seem to have exhausted selling pressure as in spite of the price reaching below $1000 yesterday whilst under immersive sell orders, bitcoin’s price is now nearing $1050. While some resistance is certainly nested at such levels, the current momentum of the market seems to have established a good base to break through it.


Major Signals

• Following yesterday’s slight breach of support, buying orders are now most definitely outpacing selling pressure.
• The force leading the market up to a top of $1048 levels seems to have been lead by several large back to back buy orders that lead to this point.
• Whilst the rise was met with resistance at this top, it could regain strength to support such levels this way setting the base for a potential future breakthrough.

Full analysis on https://www.crypto-news.net/bitcoin-price-nears-1050-once-again/

[Crypto-News]

08.2.2017

Bitcoin Price Keeps Rallying Above $1050


Bitcoin markets keep being particularly bullish in the recent trading sessions. It only took a few hours for BTC/USD rates to reach above $1050 after resistance levels were hit at prices around $1047 levels. From there on, buying pressure seems to be outpacing selling pressure. However, support didn’t come up right away, this way allowing large sell orders to pierce below $1050 levels. Yet, BTC/USD rates have reached above $1060 since then.


Major Signals

• Bitcoin markets once again appear to be under the influence of a bullish overturn, as the price shot up only after a few hours with lack of positive activity.
• The initial signal pushing the price above $1050 was initiated by a price spike caused by large by few orders.
• The market’s reception is particularly positive, responding to the rise with further positivity and back to back buy orders breaking through resistance at higher levels.

Full analysis on https://www.crypto-news.net/bitcoin-price-keeps-rallying-above-1050/

[Crypto-News]

09.2.2017

Bitcoin Price Recovers from Large Downward Spike


A whale seems to have gotten hold of bitcoin markets as a particularly large sell order sent bitcoin prices down from $1070 to $1020 levels. Prices have since then recovered to levels closer to $1050 but with bearish tendencies as selling pressure and profit taking seem to have awoken amid the current setting and higher trading volumes.


Major Signals

• Trading volumes have increased in comparison to what preceding trading sessions seemed like but this increase also seems to have taken selling pressure with it.
• BTC/USD might have reached close to $1070, yet the follow up to this development was a substantially large downward spike that likely caused by a bearish whale.
• The market has since recovered yet the bearish mood introduced after the spike still leaves a bitter taste.

Full analysis on https://www.crypto-news.net/bitcoin-price-recovers-from-large-downward-spike/

[leopard2]

Yep the whale is Chinese trying to cash out before PBOC shocks the market

I wonder if the whale is connected to Chinese government? Mega pump and dump?

[ethereumhunter]

Yep the whale is Chinese trying to cash out before PBOC shocks the market

I wonder if the whale is connected to Chinese government? Mega pump and dump?

if there are any mega dump before mega pump, then traders will be worried and want to save their bitcoin first or just to keep in their wallet until the price is back. maybe the whale is connected to chinese government since we don't know the truth and we only see what is going on in the market.

[Crypto-News]

10.2.2017

Bitcoin Price Falls Bellow $1000 After Large Sell Off


Selling pressure made BTC/USD rates dip, dropping below $1000 levels and down to $955 levels. The amazingly large sell orders that sent BTC/USD rates down to such levels were remarkably large for the setting trading volumes had contributed for. It’s no wonder that orders of that size impacted the market’s state heavily.


Major Signals

• In spite of some support having been established prior to the downward spike, $1000 levels were breached due to the size of the pressuring orders.
• The extent of the price drop can still be felt among bitcoin markets as it left bitcoin rates dangling to lower levels with no signs of recovery.
• Resistance seems to be growing along with support when it comes to buy/sell walls after the fall as the market still seems indecisive when it comes to following a certain direction.

Full analysis on https://www.crypto-news.net/bitcoin-price-falls-bellow-1000-after-large-sell-off/

[Crypto-News]

11.2.2017

Bitcoin Price Has a Hard Time Recovering Above $1000


Bitcoin’s price seems to still be affected by the negativity ushered by yesterday’s selling pressure. BTC/USD rates might have recovered from the low levels reached in the preceding but the market’s sentiment isn’t at a particularly high point. The price seems to be having a hard time breaking above $1000 after the dip caused by the recent crash.


Major Signals

• BTC/USD rates are still affected by the negativity ushered by large sell orders having a major effect on the market.
• Whilst a breakthrough above $1000 was achieved, the reception of this development doesn’t seem to be receiving much support from the market.
• The last few hours have been a tad bit more positive with the price recovering from $950 levels to settle around $990.

Full analysis on https://www.crypto-news.net/bitcoin-price-has-a-hard-time-recovering-above-1000/

[Crypto-News]

14.2.2017

Bitcoin Price Stumbling Upon Resistance at $1000 Price Levels


BTC/USD markets are having a hard time recovering above $1000, in spite of some support for such price levels coming forward in the last few days. Markets seem to be giving into selling pressure time after time, with the recent downward spike having put bitcoin markets in a position where trading above $1000 seems increasingly less likely amidst growing resistance.


Major Signals

• Resistance is actively keeping bitcoin prices below $1000 with selling pressure becoming apparent once such levels are neared.
• BTC/USD rates fell to $970 levels though the last trading session after a downward spike caused by big time selling caused a significant price dip.
• There might have been a slow recovery since that time, yet the market has so far been unable to defeat resistance sitting at $1000 levels, in spite of attempts to chew through it.

Full analysis on https://www.crypto-news.net/bitcoin-price-stumbling-upon-resistance-at-1000-price-levels/

[Crypto-News]

15.2.2017

Bitcoin Price Jumps Above $1000 in Sudden Development


A couple of bullish buy orders appear to have pushed BTC/USD rates above what had previously been dubbed as a resistance level. This is the first time bitcoin’s price reached above $1000 in such a fashion after the price fall and the lack of resistance is remarkable. Perhaps the market’s support preventing the price from dropping further did indeed echaust selling pressure.


Major Signals

• Bitcoin prices seem to have easily been pulled out of the bearishness established through preceding trading sessions.
• Trading volumes remain at levels close to the ones reached through recent trading sessions yet selling pressure seems to be having less of an effect on the price.
• Bitcoin prices appear to be settling above $1010 after the upward spike had a somewhat positive reception from bitcoin traders.

Full analysis on https://www.crypto-news.net/bitcoin-price-jumps-above-1000-in-sudden-development/

[Crypto-News]

16.2.2017

Bitcoin Price Sustained at Levels Above $1000


Bitcoin markets weren’t particularly positive in today’s trading session as the market sentiment doesn’t seem to showcase that of a bearish attitude in spite of the recent recovery. Thankfully, bitcoin prices have stayed above $1000 since the upward spike pushing the price above such levels, and support has been sufficient to keep the price from dropping again. However, no breakthrough seems to be approaching either.


Major Signals

• Bitcoin markets are quite volatility but all the price swings are observed within a thin price range for bitcoin’s standards.
• While trading volumes are going down, the market might be awaiting another major development to decide what direction is to be followed.
• For now, BTC/USD rates appear to be settling around $1015 after the price reached $1018 but failed to break through resistance.

Full analysis on https://www.crypto-news.net/bitcoin-price-sustained-at-levels-above-1000/

[Crypto-News]

17.2.2017

Bitcoin Price on the Rise Above $1000


Bitcoin markets are driven by a positive overtake of the market’s sentiment in the last few hours, as bitcoin prices keep rising though a rally of buying pressure. The support for levels above $1000 did indeed set a nice base for a price rise as traders now seem significantly more confident.


Major Signals

• Large buy orders propelled the price up to a $1045 top, showing potential for an even greater price rise.
• Back to back buy orders hindsight some positive change in the market’s sentiment as even the trading session’s biggest upward spikes received bullish followups.
• Bitcoin traders seem determined for another push above today’s top, as a break through resistance seems perfectly feasible at this setting.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-the-rise-above-1000/

[Crypto-News]

18.2.2017

Bitcoin Price Rises Through Shifting Market Sentiment


Bitcoin prices have kept rising ever since the particularly bullish rush of yesterday’s trading session took off. Bitcoin markets are certainly following an uptrend at the moment as traders are once again pushing bitcoin prices close to the top reached almost 10 days ago; back in February 9, BTC/USD briefly touched above $1070 before selling pressure caused prices to plunge.


Major Signals

• The market’s sentiment seems astoundingly bullish for the first time after a long period of close to no positive developments.
• BTC/USD rates are nearing the rally’s top whilst showcasing some great momentum amidst a market setting that lacks substantial resistance.
• While the price has been driven to such levels through what seems like a price rally, support is still outweighing resistance.

Full analysis on https://www.crypto-news.net/bitcoin-price-rises-through-shifting-market-sentiment/

[Crypto-News]

19.2.2017

Bitcoin Price Reacts to Reaching $1070 Levels


Bitcoin markets are reaching close to the high reached earlier within February. However, the market’s response after the price hit $1070 hasn’t been particularly positive so far. It might be that certain traders were waiting for such a signal to unleash their selling potential, or it could be that that the lack of support has allowed for bearishness to finally poke holes through the positivity.


Major Signals

• While volumes are considerably low for a day that resistance levels are coming close to breaking support didn’t seem to be there.
• Relatively weak selling pressure kept pushing bitcoin’s price down further right after BTC/USD rates touched above $1070.
• In the last few hours selling pressure seems to have gained quite a bit of strength as the market’s sentiment indicated that support wasn’t going to come up at such levels.

Full analysis on https://www.crypto-news.net/bitcoin-price-reacts-to-reaching-1070-levels/

[Crypto-News]

20.2.2017

Bitcoin Price Declining Under Strengthened Selling Pressure


Bitcoin markets seem to have been in decline ever since a top price above $1070 was reached. Buying pressure doesn’t seem to be eager to make a return amid the current market setting as trading volumes are also going down. It seems as though the rise in bitcoin’s price has given into resistance.


Major Signals

• As the price appears to be looming above $1050 following a decline from previously reached levels, a break through resistance keeps looking more unlikely.
• $1070 keeps looking like a resistance level after sell walls below this levels have been growing to a point that breaking through them seems hard at such trading volumes.
• The fact that trading volumes are also in decline could mean than traders are waiting for another major move to set their trading in motion.

Full analysis on https://www.crypto-news.net/bitcoin-price-declining-under-strengthened-selling-pressure/

[Crypto-News]

21.2.2017

Bitcoin Price Breaks Through Resistance With Price Nearing $1100


BTC/USD rates were uplifted by bullish buy orders in the last few hours as the price reached close to $1100, breaking through identified resistance levels. The recent rise begun with the market adopting a more optimistic mood after a substantially large buy order pushed the price above the previous resistance level of $1070.


Major Signals

• Bitcoin markets are currently adapting to the bullish overturn that back to back buy orders brought forth.
• After the top of was reached around $1097, bitcoin prices stopped rising, only to recover and keeps at prices above $1090.
• Resistance levels seem to have regained some strength as the market reached higher price levels but the market’s current momentum could help surpassing it.

Full analysis on https://www.crypto-news.net/bitcoin-price-breaks-through-resistance-with-price-nearing-1100/

[Crypto-News]

22.2.2017

Bitcoin Price Breaks Through $1100 Amid New Uptrend


The market sentiment that’s currently leading bitcoin markets is certainly influencing traders in a way that’s helping create buying pressure. While trading volumes are going up, BTC/USD rates are also climbing; reaching further above $1100 levels. Selling pressure has so far failed to have a strong impact on the market as back to back buy orders drive the price to a rising pattern.


Major Signals

• Bitcoin price is continuing to rise above $1100 levels after showing potential to reach levels beyond resistance.
• The rise above $1100 has been quite bumpy, yet support is still somehow outweighing resistance.
• The market’s mood has been visibly bullish as responses to negative swings have so far been followed by positive developments.

Full analysis on https://www.crypto-news.net/bitcoin-price-breaks-through-1100-amid-new-uptrend/

[Crypto-News]

24.2.2017

Bitcoin Price Keeps Rising Closer to All Time High


Bitcoin markets have kept up the bullish market sentiment, pushing prices up in every chance possible. With such a momentum, traders might be setting up for a break through previous all time high prices. While selling pressure sure still hasn’t gone away, it has so far been unable to downplay the ongoing uptrend as downward swings receive swift recoveries.


Major Signals

• BTC/USD rates are going through a bullish price rise in what seems like a prolonged uptrend.
• With traders showcasing how buying pressure is currently running bitcoin markets it wouldn’t be unlikely to see another breakthrough in spite of growing resistance.
• Support for newly reached levels might be taking a while to form but it’s important to note that it’s presence is vital for sustainability.

Full analysis on https://www.crypto-news.net/bitcoin-price-keeps-rising-closer-to-all-time-high/



UPDATE: Bitcoin Price Shoots Past All Time High


Bitcoin markets are going through a historic moment as BTC/USD rates have surpassed previous all time high levels. The ongoing uptrend not only managed to break through resistance, but markets are still showing potential to show support for further price rising. The market’s sentiment remain astoundingly bullish as the price keeps rising with no apparent effect from resistance even after breaking all time highs.


Major Signals

• The market’s sentiment is as bullish as it could be, while the uptrend’s outlook remains optimistic after breaking all time high levels.
• As the price keeps rising beyond the now surpassed all time high, traders continue beating through resistance levels.
• Profit taking has yet to set in but traders seem to be focusing their resources in contributing to the price rise at the moment.

Full analysis on https://www.crypto-news.net/bitcoin-price-shoots-past-all-time-high/

[Crypto-News]

25.2.2017

Bitcoin Price Rally Stumbles Upon Heavy Selling


One of the largest sell orders was filled through the span of the last trading session. The large size of the sell order in question did manage to cause a drop in BTC/USD rates, but the response of the markets was sufficient to prevent the price from dropping further. However, it’d be safe to say that the uptrend that had been pushing bitcoin’s price even further than all time highs, is now on hold.


Major Signals

• Selling pressure seems to have started coming on board after a surprisingly large sell order.
• Bitcoin prices dropped down below to $1160 levels right after having peaked above $1220.
• So far, buying pressure has been unable to facilitate a full recovery so it’s still up to question if rising will continue.

Full analysis on https://www.crypto-news.net/bitcoin-price-rally-stumbles-upon-heavy-selling/

[Crypto-News]

26.2.2017

Bitcoin Price Falls as Bullish Mood Cools Down


Bitcoin’s price seems to be entering a transitional period as the bullish rising experienced throughout past trading sessions is now in decline. Selling pressure is becoming more apparent while sell orders are for once outweighing buying pressure. Whilst the market didn’t end up into a more widespread sell off, its sentiment has certainly taken a turn for the worse.


Major Signals

• Bitcoin markets are trying to adapt to a shifting market sentiment as bullishness no longer seems to be the market’s leading force.
• BTC/USD rates might have plundered down to $1135 but a recovery back above $1150 levels was swift to come.
• Traders appear to have struggled for a recovery yet the price has once again started heading down, reaching below $1150 once more.

Full analysis on https://www.crypto-news.net/bitcoin-price-falls-as-bullish-mood-cools-down/

[Crypto-News]

27.2.2017

Bitcoin Price Rebounds After Wave of Selling Pressure


Bitcoin markets are going through a recovery phase following a trading session through which selling pressure continued to push prices down. BTC/USD rates went on to trade above $1080 levels but the price has since settled slightly below $1080. This a recovery following a downfall down to $1030 levels.


Major Signals

• Whilst trading volumes are slightly down since yesterday, buying pressure is greater as it contributes to the recovery.
• Whilst the market’s sentiment doesn’t appear to have ushered BTC/USD rates into another rally the recent development is certainly a break from negativity.
• Resistance seems to have formed at levels below $1200 so a recovery back to such levels would require even more buying pressure.

Full analysis on https://www.crypto-news.net/bitcoin-price-rebounds-after-wave-of-selling-pressure/

[Crypto-News]

28.2.2017

Bitcoin Price Briefly Breaks Through $1200 Resistance


Bitcoin markets took off after having shaken part of the negativity surrounding bitcoin’s price. BTC/USD rates broke through resistance at $1200 levels and even traded above such levels for brief periods of time through the day. Yet, profit taking had sufficient pressure to push bitcoin prices back down to $1190 levels, where the price has currently settled at.


Major Signals

• Bitcoin markets are currently under the influence of volatility as the recent breakthrough has left buying pressure battling against resistance.
• Whilst bitcoin prices briefly went above price levels that were previously subbed as resistance, the market doesn’t appear to have entered an uptrend.
• Large sell orders were triggered right after BTC/USD reached above $1200 for the second time within the day’s trading session.

Full analysis on https://www.crypto-news.net/bitcoin-price-briefly-breaks-through-1200-resistance/

[Crypto-News]

1.3.2017

Bitcoin Price Met with Resistance at $1200


Bitcoin markets are still affected by resistance after the price fall below $1200 levels. Buy pressure is still strong yet price levels seem to be declining whenever met with resistance. Whilst an upward trend pushed BTC/USD rates close to the resistance level, the market’s momentum wasn’t quite enough for a breakthrough to take place.


Major Signals

• Selling pressure is effectively dragging markets into trading sessions through which volatility is a dominant factor.
• Resistance appears to be outweighing support at the time being as the price ends up settling around $1190 levels.
• The market’s inability to break through resistance level is telling for how strong underlying resistance could be.

Full analysis on https://www.crypto-news.net/bitcoin-price-met-with-resistance-at-1200/

[Crypto-News]

2.3.2017

Bitcoin Price Climbs Past $1200 in Bullish Overturn


A bullish mood is back in bitcoin markets as BTC/USD rates rocked past resistance with the help of strong buying pressure. After peaking close to $1230 levels, the price appears to be settling highly above $1200 with no signs of bearishness. Support above what was previously perceived as resistance has already formed too, in a development that propelled markets in a significantly bullish sentiment.


Major Signals

• After selling pressure appeared to have quieted down, immersive buying pressure took off to help BTC/USD rates break right through resistance levels.
• The recent upward spike follows what could now be perceived as a sideways trading trend the markes was going through.
• Support appears to have already formed in such a fashion that would certainly help increase the potential for a future price rise.

Full analysis on https://www.crypto-news.net/bitcoin-price-climbs-past-1200-in-bullish-overturn/

[Crypto-News]

3.3.2017

Bitcoin Price Keeps Climbing Past Resistance Levels


Bitcoin markets are continuing to be bullish as the recent price rise also triggered a sizeable increase in trading volumes. Large buy orders keep pushing the price up, with the market’s reception to the current price rise still being positive. Whilst selling pressure is still present, significant price falls have yet to be recorded amid the current market setting.


Major Signals

• BTC/USD rates kept rising through resistance levels, peaking at a top of $1280, up until selling pressure started having a more significant effect.
• Whilst resistance has proved to be easily broken through, a new level of resistance has been formed at $1280 even after the recent rise.
• Bitcoin markets keep showing off the momentum they currently have through bullish signals as upward spikes keep being welcomed in the market.

Full analysis on https://www.crypto-news.net/bitcoin-price-keeps-climbing-past-resistance-levels/

[Crypto-News]

4.3.2017

Bitcoin Price Volatile After Reaching Close to Resistance


Bitcoin markets have continued pushing prices up as the bullish market sentiment has remained persistent. Yet, throughout the past trading session, the fact that BTC/USD rates had started reaching closer to new resistance levels started a wave of volatility. However, with prices peaking at $1290 levels and selling pressure becoming apparent after that point, the market’s sentiment remains positive even after a small correction.


Major Signals

• Heavy selling pressure came forth but was briefly countered shortly after BTC/USD rates broke above $1290 price levels.
• Support has not managed to form yet, but the price the market settled to after the correction signals a market sentiment that’s still bullish.
• Resistance close to the lower $1290 levels doesn’t seem particularly strong at the moment so another rise wouldn’t be too unlikely.

Full analysis on https://www.crypto-news.net/bitcoin-price-volatile-after-reaching-close-to-resistance/

[Crypto-News]

5.3.2017

Bitcoin Price Stumbles Upon Strong Resistance Below $1300 Levels


First the first time in several days, bitcoin markets are under the effect of a somewhat bearish market sentiment. Traders might have given up on trying to break through new highs after stumbling upon stronger resistance right below $1300 price levels. Strong selling pressure came in to cause a price drop from $1290 down to $1240 price levels.


Major Signals

• The market’s momentum appears to have triggered a surprisingly negative turnout after reaching above $1290 levels.
• Bitcoin prices fell down to $1240 in a matter of hours, all thanks to large and back to back sell orders.
• The market’s reception to the largest downward price spikes was somewhat positive, with a recovery currently having settled the price around $1270 price levels.

Full analysis on https://www.crypto-news.net/bitcoin-price-stumbles-upon-strong-resistance-below-1300-levels/

[Crypto-News]

7.3.2017

Bitcoin Price; Calm Before the Storm?

Bitcoin markets are moving between a specific price range, while trading volumes are at levels similar to past trading sessions. BTC/USD markets are continuing to be slightly positive, yet in spite of the fact that support is starting to be established, no major swings at either direction are affecting markets amid the current market setting.

Major Signals

• With the margin bitcoin prices are looming in being so thin, traders might be expecting another major development to follow up on it
• The established support is already outweighing resistance yet the market’s sentiment isn’t particularly bullish
• Bitcoin markets were affected by certain large sell offs that caused downward spikes but the traders were swift in recovering

Whole analysis: https://www.crypto-news.net/bitcoin-price-calm-before-the-storm/

[Crypto-News]

8.3.2017

Bitcoin Price on Recovery From Sizeable Correction

Large sell orders appear to have put the market’s indecisiveness to an end as “the calm before the storm” ended suddenly with a downward price spike. Traders did follow up to the recent downturn but the price doesn’t seem to be having much potential in reaching back to pre-fall levels.

Major Signals

• Traders might be losing faith into a continuation of the price rise as the prolonged lack of activity eventually led to a price fall
• Markets just keep giving into a more bearish market sentiment after the correction pushed bitcoin prices down below $1200 levels
• The recovery to the downward spikes wasn’t particularly positive as it didn’t give and hints that’d leave much space for hope

Bitfinex BTC/USD charts are indicative of how traders are reacting to the recent price fall. Whilst some might have been expecting such a fall, it seems as though quite a few traders were ready to fight with the newly express bearish mood within bitcoin markets. It seems as though traders were expecting such a major development to follow up on it with more selling pressure. Right now, the outlook of the market hints that there could be a further price fall as even smaller back to back sell orders seem to be having no counter in the last few hours.

OKCoin BTC/USD charts show how the disconnect between futures rates and live BTC/USD prices has only grown further with the recent price fall. Provided that futures traders were proven right about the long term sustainability of recently reached price levels, one would expect that market rates would settle closer to live prices after a fall, yet futures traders continue to be bearish.

Overall, the new wave of bearishness amid bitcoin markets seems to be unwarranted, but not unexpected. Traders seemed to have been expecting a sell off after the recent – and short lived – sideways trading trend, and it seems as though this sell off could kickstart further negativity.

https://www.crypto-news.net/bitcoin-price-on-recovery-from-sizeable-correction/

[Crypto-News]

14.3.2017

Bitcoin Price Boldens Recovery Above $1200 Levels

Bitcoin markets are keeping BTC/USD prices above $1200 levels with buying pressure maintaining a balance amid all the volatility currently ruling markets. Whilst resistance might still be strong, the fact that traders are striving to keep prices above $1200 levels is quite telling, especially amid a market sentiment keeping prices above such levels for hours in spite of strong volatility.

Major Signals

• Bitcoin prices are continuing to trade close to pre-fall levels in spite of support being on a constant fight with selling pressure.
• Downward spikes were countered effectively through the last trading session, with recoveries being relatively swift.
• The market’s sentiment has been relatively neutral, with bitcoin markets seemingly escaping through harsh volatility in the last few hours.

Full analysis on https://www.crypto-news.net/bitcoin-price-boldens-recovery-above-1200-levels/

[Crypto-News]

15.3.2017

Bitcoin Price on the Rise Above $1200

Bitcoin markets saw prices reach $1250 in the current trading session as back to back buy orders were filled, pushing the price up. Recent hours have support being very limited while bullish orders try to break through resistance levels. The market’s overall sentiment went into being slightly more bullish in the last few hours as the price even rose above $1250 for a moment.

Major Signals

• Buying pressure picked up, pushing prices up from a low of $1220 levels, right after a downward spike.
• The beginning of the rise might have started as a recovery but more support kicked in as it went.
• Prices have now settled at $1250 levels, after rising above such levels saw a correction to current prices.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-the-rise-above-1200/

[Crypto-News]

17.3.2017

Bitcoin Price Looming Below $1200 Levels Amid Bearishness

Bitcoin prices apparently had a hard time staying above $1200 price levels after recent developments. While trading volumes remain considerably high, selling pressure is making a return. Bitcoin prices did break below $1200 on several occasions and large sell orders even pushed prices down to $1100 through the today’s trading session.

Major Signals

• BTC/USD rates are volatile within a specific margin as traders are perhaps still indecisive as to what direction the market could follow.
• Bitcoin prices are taking a downturn only days after BTC/USD rates were trading at 1250 levels following a recovery.
• This time around the price fall is much more significant with trading volumes also being up considerably.

Full analysis on https://www.crypto-news.net/bitcoin-price-looming-below-1200-levels-amid-bearishness/

[Crypto-News]

18.3.2017

Bitcoin Price Under Pressure as $1100 Support Is Breached

Bitcoin markets continue being under strong selling pressure as trading volumes have kept going up while prices drop. Sell offs are becoming more significant through time with prices dropping well below $1100 levels through today’s trading session. This mood of overall pessimism is apparently taking bitcoin markets by storm in the last few hours.

Major Signals

• The price fall that’s been going on for a few trading sessions now doesn’t seem to be taking any breaks.
• BTC/USD rates dropped below $1100, down below $1070 levels with selling pressure still being strong.
• Sizeable back to back sell orders are swift in eating through support and outpacing any potential upward swings.

Full analysis on https://www.crypto-news.net/bitcoin-price-under-pressure-as-1100-support-is-breached/

[Crypto-News]

19.3.2017

Bitcoin Price Burdened by Resistance at $1000 Levels

Bitcoin markets still seem to be under pressure from the downturn affecting bitcoin markets since a few days ago. BTC/USD rates continued declining, even reaching below $1000 levels, down to $940. Back to back sell orders are still holding strong in spite of trading volumes having gone slightly down since the peak reached in preceding trading sessions.

Major Signals

• BTC/USD rates are under a volatile siege after the continuation to the market’s bearish mood breached support.
• A return above $1000 levels was attempted but lost the battle with resistance eventually.
• The markets sentiment doesn’t seem to be improving much as a recovery to pre-crash levels seems more unlikely through time.

Full analysis on https://www.crypto-news.net/bitcoin-price-burdened-by-resistance-at-1000-levels/

[Crypto-News]

21.3.2017

Bitcoin Price Rebounds After Fall Below $1000

Bitcoin markets were eager to support a recovery above $1000 with selling pressure so far failing to cause another price drop below such levels. BTC/USD rates are now settling slightly below $1050 after having dropped to a low of $1010 during today’s trading session. So far, the decline from high trading volumes has perhaps brought ease in terms of reducing selling pressure.

Major Signals

• Large sell offs are for one being responded with swift recoveries as the decline in selling pressure has brought back some balance in markets.
• Whilst selling pressure is still playing big role amid the current market sentiment, it’s effectively countered by current buying pressure.
• BTC/USD rates seem to be headed back to the post-fall peak as prices appear to be climbing close to $1050 again.

Full analysis on https://www.crypto-news.net/bitcoin-price-rebounds-after-fall-below-1000/

[Crypto-News]

22.3.2017

Bitcoin Price Climbs Past $1000

Bitcoin markets saw BTC/USD rates rise and break through several resistance levels after traders eased with selling pressure. Bitcoin prices managed to climb above $1100 levels and even peaked at $1120 in today’s trading session. Whilst the markets response to the price rise induced some selling pressure, BTC/USD rates did go above $1100 once again.

Major Signals

• Bitcoin prices seem to be driven by back to back buy orders that have so far managed to lead BTC/USD rated to a recovery.
• The market’s reception to the rise hasn’t been particularly bearish as the response didn’t send bitcoin prices below newly reached levels for long.
• Selling pressure  seems to have quieted down while bitcoin markets are seeing a significant rise through the last few hours.

Full analysis on https://www.crypto-news.net/bitcoin-price-climbs-past-1100/

[Crypto-News]

23.3.2017

Bitcoin Price Falls Again After Markets Fail to Sustain $1100 Price Levels

Bitcoin prices are seeing a fall greater than 6% within this trading session, with selling pressure once again becoming a major factor in the market. Price levels above $1100 didn’t seem to remain sustainable for long as few sell orders pushed BTC/USD rates below them, with largest sell orders influencing markets only hours after the breach.

Major Signals

• Markets appear to have given in a bearish takeover after the failure of the recent recovery to be sustained at decently high price levels.
• Traders were instantly alerted by selling pressure as even the slightest downward swing appeared to be having a more major follow up until recent hours.
• Bitcoin prices are now settling around $1030 levels after the recent fall sent prices well below levels it had recovered to.

Full analysis on https://www.crypto-news.net/bitcoin-price-falls-again-after-markets-fail-to-sustain-1100-price-levels/

[Crypto-News]

24.3.2017

Bitcoin Price in Another Bearish Spiral

As of today, a breach through the weak support at $1000 levels was close but was eventually followed by a swift recovery with BTC/USD rates finally settling around a $1010 price point.

Major Signals

• BTC/USD rates fell from a peak above $1050 levels after the weakened selling pressure managed to breach the apparently weaker support.
• It’s not obvious that the market’s sentiment is still not ready to support upward price swings.
• Support at even $1000 levels seems dangerously weak through the recent downturn as the market’s bearish sentiment continues.

Full analysis on https://www.crypto-news.net/bitcoin-price-in-another-bearish-spiral/

[Crypto-News]

25.3.2017

Bitcoin Price Falls Well Below $1000 Through Breach of Support

BTC/USD rates are going through a tough period of strong selling pressure as the downturn is furthering its impact. Bitcoin prices dropped almost 10% through the last few hours, with trading volumes reaching levels even higher. The market’s sentiment has only kept feeding the bearish mood as the downturn continues with prices reached further below the $1000 mark.

Major Signals

• The downward spiral bitcoin markets had entered appears to have escalated into an all around bearish mood.
• Traders are giving into the pressure of selling this way creating massive back to back sell order logs, pushing the price down.
• BTC/USD rates are now trading around $930 price levels with showcased tendencies to go even lower.

Full analysis on https://www.crypto-news.net/bitcoin-price-falls-well-below-1000-through-breach-of-support/

[Crypto-News]

28.3.2017

Bitcoin Price Rebounds Above $1000 After Ease of Selling Pressure

Bitcoin markets are going through a period with relatively high trading volumes as usual yet the bearishness that caused price drops for BTC/USD rates seems to have now went away in part. After bitcoin prices dropped down to $950 levels, trades are now happening around a price point above $1000 once again.

Major Signals

• Bitcoin appears to be regaining its strength as quite a bit of money is probably flowing back into bitcoin markets.
• While the confidence of traders in the current market outlook might be uncertain, yet the current recovery is certainly driven by quite a bit of buying pressure.
• Resistance seems have quickly taken shake as bitcoin prices fell from newly reached levels through the ongoing rebound.

Full analysis on https://www.crypto-news.net/bitcoin-price-rebounds-above-1000-after-ease-of-selling-pressure/

[Crypto-News]

29.3.2017

Bitcoin Price Remains Above $1000 in Spite of Strong Resistance

Bitcoin prices have so far managed to stay above $1000 in spite of selling pressure making a slight return into markets through the last trading session. BTC/USD rates reached a top price above $1060 but have since fallen to significantly lower price levels amid a market sentiment dipped into volatility.

Major Signals

• Bitcoin prices appear to be entering a circle of volatility after markets reached a top price slightly above $1065 yet failed to break further away from resistance.
• Prices have since fallen but trades are on a rising trail after underlying support kept prices above $1000 in spite of the pressure.
• $1010 seems to be the support levels identified today yet selling pressure observed throughout the day seems to have enough momentum for a probable breach.

Full analysis on https://www.crypto-news.net/bitcoin-price-remains-above-1000-in-spite-of-strong-resistance/

[Crypto-News]

30.3.2017

Bitcoin Price Rebounds Above $1050

While volatility is still a strong element in bitcoin markets, traders are now pushing for higher prices amid a wave of apparent buying pressure. BTC/USD rates peaked above $1050 levels through today’s trading session with the market showing potential to overcome such levels. Buying pressure seems to be outrunning resistance as the market’s sentiment might be going through a positive overturn.

Major Signals

• With bitcoin rates peaking above $1050 following several negative trading sessions, the price rise might be a positive break away from bearishness.
• Large buy orders pushed the price up several times throughout the day while $1050 seems like a feasible target again in spite of volatility.
• In so far, the market’s sentiment is notably more positive than what it was through percending trading sessions.

Full analysis on https://www.crypto-news.net/bitcoin-price-rebounds-above-1050/

[Crypto-News]

31.3.2017

Bitcoin Price Holds Steady Above $1000 in Spite of Pressure

Bitcoin markets have gotten traders used to quite a bit of volatility through the last few days, yet traders have managed to help BTC/USD combat the ever growing selling pressure through the last few days. In so far, a bottom of $1020 levels might have been reached, but resistance seems to get easily exhausted amid the current market sentiment.

Major Signals

• Bitcoin prices might have reached a bottom of $1020 through the last trading session, yet trades managed to climb above $1050 since then.
• Resistance at $1050 caused prices to settle below such levels, but selling pressure now seems more exhausted.
• With sell walls only intensifying above $1050, it seems as though several traders are set to make a breakthrough harder.

Full analysis on https://www.crypto-news.net/bitcoin-price-holds-steady-above-1000-in-spite-of-pressure/

[Crypto-News]

1.4.2017

Bitcoin Price on a Trail Back to $1100?

Bitcoin markets are keeping up through trading sessions with increased trading volumes. BTC/USD rates surged with a rise of almost 5% through the last trading session, with traders appearing to be increasingly optimistic in the last few hours of trading activity. Bitcoin prices did break above several resistance levels.

Major Signals

• Bitcoin prices did reach a peak right below $1090 but resistance above this point just seems too strong.
• Support has effectively formed around newly reached levels, paving the way for positive developments.
• Upward price spikes appear to be having a positive reception so far as strong selling pressure has quite apparently backed down.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-a-trail-back-to-1100/

[bbc.reporter]

@Crypto-News. The article is from the view and the sentiment of the purely technical traders who use charts and price movement in deciding if they buy or sell. But what about from the view from the basis of fundamentals? Bitcoin is suffering from a multitude of problems right now. The biggest threat of this is the hard fork and the complications it might bring. If you take that into account, do you think this rise is still a good reason to be optimistic?

[Crypto-News]

2.4.2017

Bitcoin Price Corrects After Brief Run Above $1100

Bitcoin prices did briefly climb above $1100 levels through the last trading session but selling pressure was able to cause a price drop short after that. It seems as though markets weren’t ready to welcome such a sudden price rise as support wasn’t there to help maintain such levels.

Major Signals

• Bitcoin markets are maintaining a pretty neutral market sentiment as no major developments at a certain appear to be hinted at the moment.
• Selling pressure only became apparent after BTC/USD rates reached above $1100 levels, causing a price drop down to $1070 levels.
• Bitcoin prices have since settled around $1080, with selling pressure ultimately failing to cause a more major price drop.

Full analysis on https://www.crypto-news.net/bitcoin-price-corrects-after-brief-run-above-1100/

[Crypto-News]

3.4.2017

Bitcoin Price on the Rise Above $1100 After Breakthrough

Bitcoin prices appear to be on the rise once again, a development that comes after a prolonged period of bearishness. It seems as though the break through resistance at $1100 levels was enough to propel markets towards a more positive market sentiment as buying pressure is once again back on the table with trading volumes also being on the rise.

Major Signals

• Upward price spikes lead bitcoin prices on a rising pattern thanks to markets showing a great reception to the bullish developments.
• Buying pressure is obviously outrunning selling orders as the market’s sentiment takes a turn for the better.
• Support has yet to form yet buying pressure has so far been sufficient to keep bitcoin prices from falling.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-the-rise-above-1100-after-breakthrough/

[Crypto-News]

4.4.2017

Bitcoin Price on the Rise Above $1150

Bitcoin rates are on a rising trail ever since bitcoin markets broke through the resistance level at $1100. In so far, trading volumes remain notably high while selling pressure is still being outrun by buy orders as the price keeps rising. BTC/USD rates peaked right below $1160, yet resistance seems weakened as markets keep looming around peak levels.

Major Signals

• Bitcoin markets are continuing to be bullish as buying pressure doesn’t have a hard time helping the price rise even amid such high trading volumes.
• Weak support has formed around $1150 levels, yet resistance still seems to be stronger at this point, especially with the price rise being so recent.
• While back to back buy orders seem to have brought BTC/USD rates so far, it’s still uncertain if the most recent peak will be the top of the price rise.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-the-rise-above-1150/

[Crypto-News]

5.4.2017

Bitcoin Price Falls From $1150 Levels Under Pressure

Bitcoin markets chew threw several large downward spikes as selling pressure reached peak levels amid especially high trading volumes. In so far, BTC/USD rates dropped down to 1125 levels, in what feels like an unprecedented move after the mood established through previous trading sessions. While volatility ensued after the first downward spike pushing bitcoin priced under $1150 levels, but more selling pressure was to follow; with prices ultimately settling around $1140.

Major Signals

• Whilst immersive selling pressure probably attempted to perform a hostile takeover on BTC/USD markets, prices kept looming around $1150 for quite a while.
• The sheer volume of the sell orders that caused the price drop is remarkable, and yet BTC/USD rates have settled around $1140 levels.
• In spite of the fact that bears didn’t manage to cause a more major price fall, $1150 is starting to look like a resistance levels.

Full analysis on https://www.crypto-news.net/bitcoin-price-falls-from-1150-levels-under-pressure/

[Crypto-News]

6.4.2017

Bitcoin Price Spikes; Nearing $1150 Once Again

Bitcoin markets seem to be on a rapidly moving trail of volatility right at the time traders appeared to have been starting to get some rest. Just through yesterday’s trading session, BTC/USD rates dropped down to $1110 levels with back to back sell orders leading bitcoin prices down to a negative spike. As of more recent developments, an upward swing has sent bitcoin prices peaking slightly above $1150 levels.

Major Signals

• Volatility is certainly a strong force in bitcoin markets at the moment, with BTC/USD rates having reached to the extremes of a wide margin in a short period of time.
• The recent upward spike sent bitcoin prices above $1150 very briefly, finally putting the price around $1145 with slight support below that level.
• While resistance at this point it still outweighing support, the positive developments are helping the market’s sentiment change for the better.

Full analysis on https://www.crypto-news.net/bitcoin-price-spikes-nearing-1150-once-again/

[Crypto-News]

7.4.2017

Bitcoin Price Peaks Above $1200

Bitcoin prices broke above resistance levels through the last trading session, briefly peaking above $1200 levels. Back to back buy orders keep leading markets with a bullish mood being the major component of the day’s trading activity. Up till now, selling pressure has failed to cause a price fall amid the current sentiment, although resistance at $1200 levels seems to be gaining strength once again even after the breakthrough.

Major Signals

• Prices kept rising slowly but steadily through the day, with the peak even reaching above $1200 after rising from a bottom of $1110 levels.
• Selling pressure has only had an effect on markets after the peak was reached.
• Resistance appears to be regaining strength at $1200 levels after the price peaked at this level.

Full analysis on https://www.crypto-news.net/bitcoin-price-peaks-above-1200/

[Crypto-News]

8.4.2017

Bitcoin Price Keeps Breaking Above $1200 Amid Volatility

The recent break through resistance didn’t leave bullish traders unchallenged. Resistance at $1200 seems to have been reconciled as the previous trading session had BTC/USD rates reach close to this level, but ultimately prevented a price rise beyond it. From the looks of it, bitcoin traders are really into forming resistance as sell walls below $1200 gained quite a bit of strength after the recent fall below such levels.

Major Signals

• Bitcoin prices reached $1200 in three occasions, yet that didn’t prove to be enough for the price to keep rising.
• Selling pressure appeared to have backed down, yet it’s been showcased that it’s underlying even through the last trading session.
• In spite of the lowered trading volumes, resistance now plays a much more major role in markets as buying pressure also starts being exhausted.

Full analysis on https://www.crypto-news.net/bitcoin-price-keeps-breaking-above-1200-amid-volatility/

[Crypto-News]

9.4.2017

Bitcoin Price Bows to Selling Pressure Going Below $1200

Bitcoin markets keep having a hard time as buying pressure continues declining. In spite of trading volumes going down, bearish sell orders have kept handling the price ever since a recent break through had prices trading above $1200 levels. In spite of the numerous points at which BTC/USD rates reached close to $1200, recent developments lead to prices dropping down to $1175 levels, resistance still seeming strong.

Major Signals

• Lower trading volumes are apparently making it easier for bearish traders to have a more significant effect on the market.
• Prices dropped from levels higher than $1200 down to $1175 levels within the same trading session.
• Back to back buy orders were countered with downward spikes, with prices now settling above $1180.

Full analysis on https://www.crypto-news.net/bitcoin-price-bows-to-selling-pressure-going-below-1200/

[Crypto-News]

10.4.2017

Bitcoin Price Spikes Above $1200 Again

A major break through has happened in bitcoin markets through recent hours in the current trading session. Big buy orders were placed back to back, pushing the price up to 1225 levels. The strong buying pressure experienced through the day has sent support levels stand behind even the recently reached price levels.

Major Signals

• Strong buying pressure appears to be having success among bitcoin markets as trading volumes are going down.
• The markets were rushed onto a bullish market sentiment after an upward spike was followed by further positive developments.
• While the recent price rise appears to have melted resistance, BTC/USD rates have settled around $1215.

Full analysis on https://www.crypto-news.net/bitcoin-price-spikes-above-1200-again/

[Crypto-News]

11.4.2017

Bitcoin Price Keeps Above $1200 Levels as Volumes go Down

Bitcoin markets seem to be in par with the notion that $1200 levels are here to stay, as traders keep responding to downward swings with buying pressure and back to back buy orders. In spite of trading volumes going down considerably, buying pressure effectively battles volatility, keeping BTC/USD rates are levels above the recent break through price point.

Major Signals

• Buying pressure continues to keep up even with trading volumes going quite after the recent run.
• Back to back buy orders are still present in today’s trading session, countering downward effectively so far.
• BTC/USD rates are now looming above $1220 levels in spite of recent volatility that pushed bitcoin prices down below $1210 levels.

Full analysis on https://www.crypto-news.net/bitcoin-price-keeps-above-1200-levels-as-volumes-go-down/

[Crypto-News]

14.4.2017

Bitcoin Price Recovers Back Above $1200 After Downturn

Bitcoin prices were kept under $1200 levels for quite a few hours through yesterday’s trading session as traders appeared to be fighting a losing battle with selling pressure. Ultimately, prices have recovered above this level today, yet the sustainability of such a development is still uncertain under the current market sentiment.

Major Signals

• Selling pressure took a more major role in bitcoin market’s through yesterday’s trading session.
• Downward spikes and resistance were quite vigilant in pushing BTC/USD rates below $1200 in spite of the fight traders kept up after the initial spike.
• What the market is now signaling is that a return higher above $1200 wouldn’t be too unlikely.

Full analysis on https://www.crypto-news.net/bitcoin-price-recovers-back-above-1200-after-downturn/

[Crypto-News]

15.4.2017

Bitcoin Price on a Rising Trail Around $1215

While bitcoin markets stopped riding on the confidence promoted by the dominant buying pressure throughout preceding trading sessions. In so far, after a low point slightly below $1170 levels, BTC/USD rates peaked close to a $1220 price point in the recent hours. Whilst selling pressure had a presence through the day, no downturn took place as prices quickly recovered and are keeping close to $1220.

Major Signals

• BTC/USD markets are distinctively affected by selling pressure, and whilst trading volumes have dropped a recovery didn’t seem easy.
• Prices did recover above $1200 after selling pressure pushed BTC/USD rated down below $1270 levels, yet the market’s sentiment isn’t close to being bullish.
• Resistance seems to be shaping up at levels above $1220 whilst support for current levels remains weak.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-a-rising-trail-around-1215/

[Crypto-News]

17.4.2017

Bitcoin Price on Short Sideways Trend

With trading volumes having gone straight down since the days bitcoin’s price was rallying, not much is observed within markets in terms of developments. Traders are however showing support for levels above $1150, with even buy walls outweighing sell walls. It could be that the underlying support seems stronger in a trading session with such trading volumes, yet $1150 levels were not breached in spite of the pressure experienced.

Major Signals

• Bitcoin’s price did peak slightly below $1180 throughout the last trading session but has since settled around $1170.
• A recovery observed yesterday came right after a price drop down to levels slightly above $1150.
• It’s evident that there’s quite a bit of underlying support that’s taken shape as buying pressure come along every time there was need to counter price drops.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-short-sideways-trend/

[Crypto-News]

18.4.2017

Bitcoin Price Jumps Close to $1190

Bitcoin markets seemed a little divided over yesterday’s trading session, with BTC/USD rates seemingly having entered a sideways trailing trend whilst trading volumes stagnantly low for what traders had gotten used to. Now, through today’s trading session, a large upward spike pushed bitcoin prices a step closer to $1200.

Major Signals

• Low volumes rere disrupted by large buy orders that managed to push BTC/USD prices up from $1160 levels all the way to price levels right below $1190.
• In so far, the upward spike has gotten a relatively positive reception, with prices staying near the peak in spite of pressure.
• Quite a bit of support appears to have formed even around recently reached price levels as buy walls at $1180 have been strengthened.

Full analysis on https://www.crypto-news.net/bitcoin-price-jumps-close-to-1190/



UPDATE: Bitcoin Price Keeps Above $1200 as Traders Start Moving Away From Bitfinex

Full update here: https://www.crypto-news.net/bitcoin-price-keeps-above-1200-as-traders-start-moving-away-from-bitfinex/

[Farcoin12]

I'll be posting daily bitcoin price analysis from Crypto-News.net

Those can be read under analysis section: https://www.crypto-news.net/category/trading/price-analysis/

27.12.2016

Traders can’t seem to stand by any significant downward pattern as any market downturn for BTC/USD rates till now has been reversed. Although trading volumes are still much higher than the averages, they’ve kept declining ever since the top of $920 was reached. Yet, BTC/USD markets peaked at this level once again.

Major Signals

• Trading volumes have kept falling ever since the previous peak, but this didn’t prevent the price from peaking at $920 once again.
• Buy walls above $900 are for once outweighing sell walls, something that indicated that the market might be settling at such levels.
• The more recent peak at $920 was followed by a correction and a so far persistent sideways trading trend.

Bitfinex BTC/USD markets were lead by strong selling pressure in the preceding trading session. Large trading volumes were consumed by back to back buy orders that pushed the price up close to the previous peak level. By this point, it’d be safe to say that the more obvious resistance levels at the moment sits around $920 levels.

However, this time the market might be more susceptible to a breakthrough. After a particularly bullish rally pushing the price to peak levels, sideways trading would most likely be followed by a continuation to previously ongoing patterns. Selling pressure also isn’t negligible at the moment, but given that the price being able to recover above $900 it surely is outmatched amidst this market sentiment.

Futures markets also seem optimistic, with an extra hint of exaggeration in upward price movements. OKCoin futures traders are surely welcoming the new bullish outbreak that came to the rescue only after BTC/USD rated had “plunged” below $860 in a day.

Over the course of the last few trading sessions, it’s been established that bulls aren’t having a particularly hard time breaking through resistance levels one after another; as bearish outbreaks are broken off pretty easily with the market’s sentiment changing so rapidly. This time bulls are faced with a challenging resistance level, which they’re now failing to surpass for the second time in the span of a few days. The following days could be detrimental for the continuation of the uptrend that still seems to be ongoing.

Wow. That is a really great service that you are providing here. I will definitely be taking a look at this in the very near future.

[Crypto-News]

20.4.2017

Bitcoin Price Keeps Bumping $1200 Levels Amid Pressure

In so far, traders seem to be in a fight where the majority of them stands against selling pressure. As large downward spikes are being slowly but stably countered by back to back buy orders.

Major Signals

• Buying pressure has kept BTC/USD rates on a rising trail in spite of the road being bumpy due to large sell orders.
• Traders have been successful in maintaining a positive market sentiment as prices are now reaching above $1210 levels.
• Whilst selling pressure has proven capable of breaching through support, the markets sentiment keeps supporting positive developments.

Full analysis on https://www.crypto-news.net/bitcoin-price-keeps-bumping-1200-levels-amid-pressure/

[Crypto-News]

21.4.2017

Bitcoin Price Peaks Above $1240

Bitcoin markets are still being divided as the run from Bitfinex continues. Whilst what used to be the leading bitcoin exchange suffers from a prolonged block of FIAT transactions, bitcoin traders are buying at a premium in an effort to cash out. This might be putting markets in an odd spiral that’s leading prices up universally in spite of the potential risk.

Major Signals

• With BTC/USD rates reaching above $1240 with back to back buy orders through the last trading session it’d be safe to say that the market’s sentiment remains positive.
• The probable motives behind the price rise are quite interesting yet the fact that the risk involved in Bitfinex’s current state is not to be dismissed.
• Prices are now settling below $1235 with bitcoin markets appearing to proport some resistance with sell walls above $1240 levels.

Full analysis on https://www.crypto-news.net/bitcoin-price-peaks-above-1240/

[Crypto-News]

22.4.2017

Bitcoin Price Crashes in What Could be the Beginning of a Selloff

Bitcoin markets are under heavy pressure right now as the recently reached $1200 levels are getting closer to being breached by sizeable sell orders. A large downward spike can be observed with BTC/USD rates going down instantaneously. The premium on Bitfinex might have reached a margin close to a $100 difference from market prices but the ongoing sell off seems to also hold its roots in the troubled exchange.

Major Signals

• BTC/USD markets across the board are affected by a recent wave of strong selling pressure.
• Traders are making it apparent that there’s fear of a selloff being kickstarted on top of the recent price rise.
• Following the spike, some buy walls seem to have appeared yet the market’s longer term reaction has yet to be observed.

Full analysis on https://www.crypto-news.net/bitcoin-price-crashes-in-what-could-be-the-beggining-of-a-selloff/

[Crypto-News]

23.4.2017

Bitcoin Price Faces Premium Greater Than $100 Between Exchanges Again

After yesterday’s downward price spike was met with quite a bit of support with traders ultimately helping the market avert a selloff, the divide observed through bitcoin’s price between Bitfinex and exchanges facing no withdrawal issues has only grown. In so far, traders have showcased that whilst some might fear of the worst, traders other than those with funds trapped in bitfinex seem confident in the market’s sentiment, this way allowing the premium to grow as long as the price doesn’t fall.

Major Signals

• Markets worked on preserving price levels after a major price fall seemed to have been prevented.
• Whilst BTC/USD rates didn’t break resistance above $1145 it does seem like buying pressure has weakened resistance in presence.
• Traders have apparently not lost confidence in the market’s sentiment but Bitfinex’s premium is back above $100.

Full analysis on https://www.crypto-news.net/bitcoin-price-faces-premium-greater-than-100-between-exchanges-again/

[Crypto-News]

24.4.2017

Bitcoin Price Gets Support as Spreads at Bitcoin Exchanges Remain

Bitcoin markets might be under a situation where uncertainty is a driving force behind market movements but through the last trading session, the lack of notable developments is hard to miss. In so far, BTC/USD rates at Bitfinex have showed to be under quite a bit of selling pressure, yet prices in the exchange have remained above $1300 levels whilst the premium remains close to $100. At the same time, support seems to be forming at $1235 levels.

Major Signals

• Volatility has also started to plague Bitfinex BTC/USD markets as withdrawal issues are still present at the exchange.
• Bitfinex BTC/USD rates reached close to $1360 only to fall below $1330 in the last few hours after some strong selling pressure.
• Traders are showing some support for the newly reached levels on other exchanges in spite of the long lasting problems behind the premium and volatility in bitfinex.

Full analysis on https://www.crypto-news.net/bitcoin-price-gets-support-as-spreads-at-bitcoin-exchanges-remain/

[Crypto-News]

25.4.2017

Bitcoin Price Above $1250

Bitcoin markets have kept showcasing the indecisiveness of traders. With Bitstamp BTC/USD rates rising above $1250 through back to back buy orders while rates in other markets remain distant. Bitfinex traders experienced a price fall, with BTC/USD rates falling from levels close to $1360 down to $1330 levels. Ultimately though, the premium remains.

Major Signals

• Traders are certainly pressured by the overall sense of uncertainty that the supposed banking issues of Bitfinex have brought to bitcoin markets.
• In so far, markets unaffected of the issues have continued supporting a rising price as Bitfinex traders buy BTC at a premium while FIAT withdrawals remain blocked.
• Resistance remains strong above the recently reached $1250, while support formed by traders is still weak.

Full analysis on https://www.crypto-news.net/2715-2/

[Crypto-News]

26.4.2017

Bitcoin Price on the Road to Reach $1300?

Bitcoin markets have been interestingly bullish as FIAT withdrawal issues continue in Bitfinex for another day. Trading volumes might not be astoundingly high yet the existing buying pressure is so far managing to negate the presence of selling pressure. With prices peaking at $1280 levels, it’s now evident that the market’s sentiment is set to push prices up.

Major Signals

• BTC/USD prices are reaching above resistance levels in spite of the underlying uncertainty.
• The market’s sentiment is apparently bullish as prices manage to keep rising with relative ease with selling pressure having backed down.
• In spite of the large rally pushing prices from $1240 levels up to $1280, prices are now settling close to peak levels, above $1270.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-the-road-to-reach-1300/

[Crypto-News]

28.4.2017

Bitcoin Price Continues Rising Above $1300

Bitcoin markets appear to be quite bullish through the last trading session with daily trading volumes rising notably. In so far, the rise in trading volumes has brought quite a bit of buying pressure with it, flooding markets with large buy orders and weakening resistance consistently through the course of the day.

Major Signals

• Whilst some selling pressure certainly affected markets through the last trading session, it was ultimately unable to prevent bitcoin’s price from rising.
• BTC/USD rates reached above $1340 at their peak point a few hours ago, but yet another way of selling pressure has had prices around 1330 levels for the time being.
• The market continues to be bullish as the spread between healthy exchanges and Bitfinex BTC/USD markets remained above $100.

Full analysis on https://www.crypto-news.net/bitcoin-price-continues-rising-above-1300/

[Crypto-News]

29.4.2017

Bitcoin Price Onto New All-Time High; No Longer Chasing After Bitfinex?

While speculators are trying to figure out how things could end up with Bitfinex, BTC/USD rates managed to reach a new all time high. Even if prices in healthy exchanges are to be regarded as the base, bitcoin markets continue to be remarkably bullish as the price remains above $1300 levels after a new all-time high was reached.

Major Signals

• Bitcoin markets are under strong selling pressure and yet prices manage to recover close to newly reached levels.
• A breach causing BTC/USD rates to fall down below 1300 very briefly by a recovery pushing prices back up to $1330 levels.
• The spread between healthy market prices and Bitfinex BTC/USD appears to have gone down considerably in spite of the lack of updates.

Full analysis on https://www.crypto-news.net/bitcoin-price-onto-new-all-time-high-no-longer-chasing-after-bitfinex/

[Crypto-News]

30.4.2017

Bitcoin Price Keeps Above $1300 in Spite of Trading Volumes Declining

The 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/

[Crypto-News]

1.5.2017

Bitcoin Price Back Onto Rising With Return of Buying Pressure

Bitcoin 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/

[Crypto-News]

2.5.2017

Bitcoin Price Shoots Above $1400; Reaching for New All Time High Levels

Bitcoin 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/

[Crypto-News]

3.5.2017

Bitcoin Price Rising Above $1400 After New All Time High

Bitcoin 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/

[Crypto-News]

4.5.2017

Bitcoin Price Above $1500

Bitcoin 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/

[Crypto-News]

5.5.2017

Bitcoin Price Recovering After Fall From Peak Above $1600

Bitcoin 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/

[Crypto-News]

6.5.2017

Bitcoin Price Takes Downturn After Peak Above $1600

Bitcoin 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/

[Crypto-News]

8.5.2017

Bitcoin Price Rises With Spike Above $1560 Levels

Bitcoin 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/

[Crypto-News]

9.5.2017

Bitcoin Price Re-Enters Bullish Mood With Prices Reaching $1650

Bitcoin 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/

[Crypto-News]

10.5.2017

Bitcoin Price Rises to New Highs Above $1700

Bitcoin 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/

[Crypto-News]

12.5.2017

Bitcoin Price Met With Volatility After Nearing $1900 Levels

While 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/

[Crypto-News]

20.5.2017

Bitcoin Price at New All Time High; Flirts with $2000

Bitcoin 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/

[Crypto-News]

21.5.2017

Bitcoin Price Above $2000

Bitcoin 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/

[Crypto-News]

25.5.2017

Bitcoin Price Continues Reaches Past $2450 Levels

Bitcoin 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/

[Crypto-News]

26.5.2017

Bitcoin Price in Recovery After Peak Above $2750

Bitcoin 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/

[Crypto-Games.net]

2.6.2017

Bitcoin Price Corrects After Nearing $2500




Bitcoin markets came to a turning point as prices reached close to $2500 price levels through the day. Bitcoin traders are continued to push prices up, beginning from a starting point below $2300 only for the price rise to peak close to $2500 price levels. This development was followed by a swift correction, driven by sizeable back to back sell orders.


Major Signals

• Bitcoin prices broke out of the bearish trend that was plaguing markets through the last few days, although briefly.
• The majority of traders didn’t appear quite ready to welcome a more extensive price rise as prices were ultimately lead to a fall below $2400 levels.
• Prices are currently settling around $2400, yet resistance appears to be much more sizeable than the underlying support.

Full analysis on https://www.crypto-news.net/bitcoin-price-corrects-after-nearing-2500/

[Crypto-News]

8.6.2017

Bitcoin Price Hit with Bearish Response After Trading Above $2800




Bitcoin markets were hit by a bearish overturn not long after prices peaked above $2800 price levels. The recent bearish wave has pushed bitcoin prices down to $2600 levels is hitting markets under a market sentiment that wasn’t signaling with bearish signals after the peak above $2800 was reached. The extent of the price fall goes to show the insecurity some traders had after the rally failed to push prices any further up.




Major Signals

• Bitcoin prices are on a bearish spiral after traders realized that the rally wasn’t showcasing any potential to push prices up anymore.
• The follow up to the downward spike was more selling pressure with little support for newly reached levels.
• Bitcoin markets seem to continue being under the influence of a now bearish market sentiment ever since prices breached below $2800 levels.

full analysis at https://www.crypto-news.net/bitcoin-price-hit-with-bearish-response-after-trading-above-2800/

[Crypto-News]

10.6.2017

Bitcoin Price Above $2800 Amid Volatility





Bitcoin markets are continuing to showcase that he market sentiment remains somewhat stable in spite of certain tendencies that push the price up and down through trading sessions. Traders are continuing to show some support as breaches have so far been responded with swift recoveries managing to keep prices above $2800 in the longer run.


Major Signals

• After prices peaked at $2840 levels, selling orders managed to sufficiently apply some pressure, leading prices around $2810 levels.
• Bitcoin markets are continuing to show support for the price point of $2800 but upward swings are having a hard time contributing to a more extensive price rise.
• Traders are so far appearing to be hesitant to break through higher resistance levels even when given the chance through lower trading volumes.

Full story at: https://www.crypto-news.net/bitcoin-price-above-2800-amid-volatility/

[Crypto-News]

13.6.2017

Bitcoin Price Pressured Under $2700




Bitcoin prices are undergoing a rapid change in the market’s sentiment with traders contributing to a dip that pushed bitcoin prices below $2700 levels. This development comes only hours after BTC/USD rates were close to $3000 levels, although amid lower trading volumes. The bearish breakout happens through record breaking trading volumes and selling pressure.

Major Signals

• Bitcoin traders are under pressure amid a market sentiment that doesn’t show support for anything positive.
• Back to back sell orders of record size breached recently reached high levels in astoundingly fast speeds.
• It seems as if $3000 levels are unreachable after such a breach of support and apparent downturn.

Full story at: https://www.crypto-news.net/bitcoin-price-pressured-under-2700/

[Crypto-News]

4.8.2017

Bitcoin Price to Surge by 80% Based on Analyst’s Predictions



The independent stock analyst and founder of Standpoint Research, Ronnie Moas, claims to have been testing bitcoin and digital currencies in the last few months. After announcing that he bought bitcoin back in early July, Moas has now released a full-fledged report on cryptocurrency.

According to CNBC, Moas’ report includes predictions that bitcoin has the potential to rise by 80%, reaching prices around $5000. Notably months before this 122 page report, Moas has made mention that he had bought in Ethereum, Litecoin as well as other significant cryptocurrencies.
In the report, Moas highlights that in his view, cryptocurrency prices will continue rising as they draw funds away from other assets such as stocks and even precious metals.


Full story at: https://www.crypto-news.net/bitcoin-price-to-surge-by-80-based-on-analysts-predictions/

[Crypto-News]

10.8.2017

Bitcoin Keeps Rising Above $3500, Reaching New All Time Highs




Bitcoin markets are continuously building up support for higher levels with all time high levels continuing to be broken day after day. Traders are displaying massive intent to get behind the rising bitcoin price and, as a result, buy orders are quite dominant within order books.

Bitcoin’s 24hr trading volumes approached $2 billion recently, which shows the extent of the largely positive market sentiment. In spite of potentially strong incentives for profit taking, there have been no significant signs of a price decline. Moreover, this time around, bitcoin’s price rise doesn’t seem to have caused a market wide bullish reaction at first as altcoin traders shifted more towards BTC at the initiation of the recent spike.



Full story at: https://www.crypto-news.net/bitcoin-keeps-rising-above-3500-reaching-new-all-time-highs

[Crypto-News]

6.9.2017

Bitcoin Price Falls 11% after China Bans Initial Coin Offerings




During the last couple of weeks, the Bitcoin price continued its bullish run, with its value shortly exceeding the threshold of USD 5,000 per unit. Yet, it seems like regulatory issues in countries with massive trading volumes can have a strong impact on the value of Bitcoin.

One of such for example is China, as the price of Bitcoin fell by around 11%, after Chinese regulators decided to ban all organizations raising funds through initial coin offerings, also known as ICOs. For those who do not know, ICOs are a great tool for start-ups throughout the world, to raise investment money by selling users tokens, or digital currencies, similar to bitcoin, for cash. The People’s Bank of China (PBoC) therefore recently ruled that this practice is illegal in China, as it reportedly constitutes an unlawful form of fundraising.




Full story at: https://www.crypto-news.net/bitcoin-price-falls-11-after-china-bans-initial-coin-offerings/