Bitcoin – BTCUSD

In this section, you will find important Bitcoin news, actionable trading ideas, and a live Bitcoin (BTCUSD) chart to help you understand the markets better.

Bitcoin (BTC) was the first cryptocurrency to turn mainstream. It is a peer-to-peer system that is controlled via blockchain technology. There is no bank or administrator controlling the digital currency. Bitcoin can be used to buy and trade on crypto exchanges, and is traded against the world’s major currencies such as the USD (BTCUSD). Bitcoins are stored in electronic wallets, which depend on private keys and cryptography. The private key is to manage your Bitcoin wallet while the public key is used to send and receive Bitcoin.

As Bitcoin transactions occur, records must be logged into the digital system called the Blockchain, but these logs are be done by sophisticated computer systems. Those who own these systems can allow their computer to log these records into the Blockchain and as a reward for their time and service, they receive Bitcoin.

There are a growing number of businesses and individuals using Bitcoin. This includes businesses like restaurants, hotels, and law firms, as well as popular online services such as Namecheap, Overstock.com, and Reddit. While Bitcoin remains a relatively new currency, it is growing fast. Therefore, relatively small events, trades, or business activities can significantly affect the price. In theory, this volatility will decrease as Bitcoin markets and the technology matures.

Live Bitcoin Chart

Bitcoin (BTC/USD) News

Bitcoin Price Testing Critical Support, Can The Bulls Win

Cryptocurrencies Dec 13, 2019, 07:37 GMT by Mohaimenul Jowarder

Bitcoin price sharply fell in the global market after hitting the major resistance at $7640.2. From that level, the BTC/USD pair started its bearish correction. The pair found some decent support at $7166.8. Any bullish price action signal might bring the bitcoin price towards the critical resistance at $7640.2. A [...]

Bitcoin Slightly Lower on the Day; Still Trading in Range-Bound Mode

Cryptocurrencies Dec 12, 2019, 17:20 GMT by Eno Eteng (MSTA)

Bitcoin (BTCUSD) is down about 0.75% this Thursday and therefore continues the slow but steady dip towards the 7,000 price level, extending its daily losses by yet another day. After closing about 0.25% lower in the previous session, Bitcoin is now pushing against the lower border of the symmetrical triangle [...]

InvestingCube’s Best Trading Ideas for 2020

Quarterly Market Forecast Dec 12, 2019, 13:14 GMT by Alejandro Zambrano

The year is almost over, and it is time to try to figure out what 2020 has to offer. In the next few pages you will be able to get an insight into what markets could be offering the best opportunities according to the InvestingCube team. Here are our proffered...

Bitcoin price breaks below the trend line, bears are in control

Cryptocurrencies Dec 11, 2019, 07:49 GMT by Mohaimenul Jowarder

Bitcoin price managed to break below the trend line support at $7412.4. Cryptocurrency investor is in fear since larger drop might take place in BTC/USD. However, cautious traders are waiting for the FOMC meeting minute. Dovish statement from the FED officials might push the Bitcoin price towards the broken TL [...]

BTCUSD Stays Above $7,300 As Regulators Ramp Up Crypto Taxation

Cryptocurrencies Dec 10, 2019, 11:44 GMT by Eno Eteng (MSTA)

Bitcoin Continues to trade above $7,300 in muted trading. The pair had inched up to 7,500 on Monday, but the attempts to force prices to the north failed once more, causing the pair to dip down towards 7,300. Much of the attention on Bitcoin has shifted towards tax authorities across [...]

Bitcoin Price Surging Higher, Potential bottom May Be In Place

Cryptocurrencies Dec 09, 2019, 13:13 GMT by Mohaimenul Jowarder

Bitcoin price started to drop after securing the high at $10461.00 on 26th October. The bearish rally in the BTC/USD came to a halt after it formed a bullish morning star pattern at $6642.4 (low of 24th November). From that level, the BTC/USD bulls tried to regain control of the...

Bitcoin BTCUSD Rejected at $7,500 Again

Cryptocurrencies Dec 06, 2019, 08:20 GMT by Nikolas Papas

Βitcoin - BTCUSD consolidates in the middle of the weekly trading range at $7,384. Yesterday BTC made an attempt above the $7,500 but retreated again back to $7,300 region. Trading volumes are above average the last trading sessions and that has added to volatility. The BTC capitalization stands at 134.49 [...]

High Volumes and Increased Volatility for Bitcoin BTCUSD

Cryptocurrencies Dec 05, 2019, 08:43 GMT by Nikolas Papas

Βitcoin - BTCUSD trades higher after the cryptocurrency run an impressive rebound yesterday from daily lows above the $7,000 mark up to $7,770 close to three-week highs and retreated sharply back to $7,300 level. BTCUSD faces strong resistance around the $7,800 region where capped during the recent rebound from $6,534 [...]