Tag: BTC 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 April, 14th – BTC Risks To Drop

By Dmitriy Gurkovskiy, author at RoboForex Blog. On Tuesday, April 14th, the leading cryptocurrency is declining, trading at 6850 USD. On D1, the support line of the correctional uptrend is broken away. These dynamics might be interpreted as a reversal aimed at forming a new declining wave with the goal of 3925.70 USD. Note that it reached 50.0% Fibo, so a reversal looks quite natural. The descending dynamics of the MACD …
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DMG Blockchain: Bitcoin Miners Need a BTC Price of $2,400 to Break Even

Any discussion related to Bitcoin mining is always worth keeping an eye on. Although there are quite a few conflicting opinions on this topic, it has become evident that there are a lot of different factors to take into account at all times. New information from DMG Blockchain shows that mining Bitcoin is a lot more profitable than people would assume. The Profitability of Bitcoin Mining There are quite a few factors …
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