Tag: bitcoin price

Bitcoin Price Analysis for May 29th – BTC Going to Grow

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 29th, the BTC has grown steeply and is aiming upwards. It is generally trading at 9632.50 USD. On D1, the picture has hardly changed since last week. The pair keeps trading the upper border of the descending channel, trading between 50.0% and 61.8% Fibo. After yet another test of 61.8%, a pullback is becoming more and more probable. The aim of …
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Bitcoin Price Analysis for May, 12th – BTC Volatility Sweeping Off Scale

By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 12th, the BTC rate remains volatile but investors are ready to buy. The cryptocurrency is generally trading at 9000.00 USD. As for the BTC dynamics on D1, during the last week, the quotations of the leading cryptocurrency reached the psychologically important level of 10000.00 USD and tested the mid-term resistance level of the descending channel. Then the market needed a correction, …
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Bitcoin Price Bounces Back to Highest Level Since Coronavirus Drop

The start of 2020 hasn’t been overly promising for Bitcoin or other cryptocurrencies. However, it would appear that things are not all that bad, given the current circumstances. The Bitcoin price has seen ample turmoil throughout the first few months of 2020. Bitcoin Price Momentum Seems Promising Despite ample volatility, it would appear that the overall BTC value is still in a good place. More specifically, the highest level since …
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