Bitcoin recently made two failed attempts to break above the strong multi-month resistance level at $8290. The same level stopped...
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.
Βitcoin (BTCUSD) continues the consolidation between mid 7,500 and 8,000, the daily low for BTC was at 7,493 and the...
Βitcoin (BTCUSD) finally breaks above the key 8,000 resistance, having spend 6 days between 7,500 and 8,000 range. The daily...
Βitcoin (BTCUSD) continues higher today breaking above the 8,400 mark at 8,402. The daily low for BTC was at 8,168...
Βitcoin (BTCUSD) started higher today breaking above the 9,400 mark at 9,477 making 2019 new high and retreated fast to...
Βitcoin (BTCUSD) continues higher for one more day breaking above the 9,500 mark at 9,800 making 2019 new high and...
Βitcoin (BTCUSD) retreats from yearly high at 11,240 that hit during the weekend and trades at 10,765. The daily low...
Cryptocurrencies are experiencing some wild moves in the last 24 hours. Bitcoin (BTCUSD) turned parabolic from mid-June and earlier this...
Βitcoin (BTCUSD) continues south for one more day having lost over 30% the last days, and pierces the 10,000 mark...
At the time of writing, Bitcoin prices (BTCUSD), appeared to have completed an inverse head and shoulders pattern with a...