Author: nmarinoff

Bitcoin Price Watch: Currency Tanks to $7,600

Bitcoin has lost over $600 in just one night. The currency is now trading for just over $7,600 – the lowest it’s been in about 35 days. This marks a serious drop over the last two weeks. Just two weekends ago, the currency was trading for about $9,800 – the highest it had been in four weeks. As bitcoin was expected to spike to $10,000, many traders and investors alike …
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Bitcoin Price Watch: Currency Falls to $8,200

At press time, bitcoin is trading for roughly $8,220 – about $130 less than where it stood yesterday. One source places current resistance levels at $8,600, which bitcoin was previously unable to break. The currency rose to the $8,500 mark 48 hours ago, but has incurred subsequent drops ever since. In addition, bitcoin has also failed to sustain previous support levels at $8,300, thus leading to the most recent drop. …
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Bitcoin Price Watch: Currency Falls by Nearly $200

At press time, bitcoin is trading for roughly $8,350. That’s about $150 less than where the currency stood yesterday. Bitcoin has been marred by ups and downs for the last 1.5 weeks, and it appears they aren’t ceasing anytime soon. Since May 5, bitcoin has been on shaky ground. The currency was originally slated to hit $10,000 after it reached a $9,800 high, but sadly, this never occurred. In fact, …
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Bitcoin Price Watch: Currency Jumps to $8,500

At press time, bitcoin has risen $200 higher from where it stood yesterday. Signs of recovery are now showing themselves as we inch away from the repeated drops of last week. At $8,500, bitcoin is at its highest point since Monday, when it briefly rose to $8,800 following the start of Coindesk’s Consensus Conference. It was prior to this event that Fundstrat’s Tom Lee (no stranger to these price articles) …
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