Category: Price

$6,700: Bitcoin Price Target Sinks as Traders’ Gloom Worsens
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$6,700: Bitcoin Price Target Sinks as Traders’ Gloom Worsens

A short term trend reversal for bitcoin has become increasingly unlikely for bitcoin following a 5% drop in less than three days. Since October 1, the bitcoin price has fallen from $8,532 to $8,100 against the U.S. dollar. Technical analysts anticipated a relief rally to key resistance levels found at around $9,000 as bitcoin initially…

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Sub-$10,000 Bitcoin Price Spiral Triggers $150 Million BitMEX Liquidation – CCN.com
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Sub-$10,000 Bitcoin Price Spiral Triggers $150 Million BitMEX Liquidation – CCN.com

In a move that wasn’t entirely unexpected, the Bitcoin price has plunged below $10,000 in a breakdown that started around 1 PM UTC this morning. The quick dump liquidated approximately $150 million in long positions on BitMEX. Everyone’s Bitcoin Price Triangle To say that this morning’s dump was not unexpected is to understate the current…

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Gold Price Makes Comeback Rally Over Mideast Tensions
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Gold Price Makes Comeback Rally Over Mideast Tensions

Gold’s price rallies back above $1,500 a troy ounce on Monday. | Image: Shutterstock Gold’s price staged a large relief rally on Monday, as investors’ risk appetite soured following the latest developments in the Middle East. Dow futures also fell sharply ahead of the opening bell in New York, mirroring a subdued market for stocks.…

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Bitcoin Price Cooldown Risks Plunge Below $10,000 – CCN.com
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Bitcoin Price Cooldown Risks Plunge Below $10,000 – CCN.com

Bitcoin hasn’t made good on its recent gains after retreating near $10,000 over the weekend. | Source: ShutterstockThe bitcoin price has dropped from $10,599 to $10,090 in the past 24 hours, retesting the $10,000 support level again merely seven days after BTC recovered from the $9,000 region.The bitcoin price (BTC) is down by more than…

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