Category: Charts

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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Bitcoin Price Watch: Currency Pushes Beyond $8,300

The price of bitcoin has surpassed the $8,300 mark. This is roughly $200 higher than where it stood yesterday, and the currency has spiked by approximately five percent over the last 24 hours. The prices of cryptocurrencies are exploding as the week comes to an end. Entities like Ethereum are also up, while the cryptocurrency market cap has added roughly $40 billion to its overall worth. Interestingly, the Coindesk Consensus …
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