Bitcoin price seesaws around the unchanged level after yesterday’s sharp reversal from 9,356 the daily low. The number one cryptocurrency...
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.
Bitcoin price looks poised to trade higher and break the $10,000.00 psychological handle soon. Are there enough bulls to sustain a rally?
Bitcoin price attempts to stabilize after the recent sharp sell-off from the $10,500 level. The number one cryptocurrency hovers today above the 49,500 mark on improved investors sentiment
After a strong bullish start to June when BTCUSD closed with a profit of 8.02%, it gave up almost all of its gains yesterday. What does this mean?
Lumen XLMUSD is 9.90% higher at 0.0828 as the rally in cryptocurrencies continues after the bitcoin breached the 10,000 mark....
Bitcoin price retreat today after yesterday’s sharp gains that drove the price above the 10,000 mark. Bitcoin managed to break above the 10,000 mark in a sharp move and hit three-month highs
Bitcoin price action has started to narrow into a symmetrical triangle. Sign up to get a view of the possible price action for next week.
Bitcoin price had a strong bullish performance in yesterday’s trading as it closed with a 4.17% profit. Can bitcoin price to extend its gains?
Bitcoin price trades slightly higher today, attempting to stabilize after the recent correction. BTCUSD has formed a stiff resistance at 10,000 mark where it failed several times during May as we have discussed in our previous analysis “Bitcoin Price Upside Capped At $10,000”.
Bitcoin price is testing critical support after it failed to trade past $10,000.00 last week. With a double top chart pattern forming, can BTCUSD hold on?