Daily Bitcoin Price Analysis from Crypto-News.net - page 3.

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7.4.2017

Bitcoin Price Peaks Above $1200

Bitcoin prices broke above resistance levels through the last trading session, briefly peaking above $1200 levels. Back to back buy orders keep leading markets with a bullish mood being the major component of the day’s trading activity. Up till now, selling pressure has failed to cause a price fall amid the current sentiment, although resistance at $1200 levels seems to be gaining strength once again even after the breakthrough.

Major Signals

Prices kept rising slowly but steadily through the day, with the peak even reaching above $1200 after rising from a bottom of $1110 levels.
Selling pressure has only had an effect on markets after the peak was reached.
Resistance appears to be regaining strength at $1200 levels after the price peaked at this level.

Full analysis on https://www.crypto-news.net/bitcoin-price-peaks-above-1200/

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6.4.2017

Bitcoin Price Spikes; Nearing $1150 Once Again

Bitcoin markets seem to be on a rapidly moving trail of volatility right at the time traders appeared to have been starting to get some rest. Just through yesterday’s trading session, BTC/USD rates dropped down to $1110 levels with back to back sell orders leading bitcoin prices down to a negative spike. As of more recent developments, an upward swing has sent bitcoin prices peaking slightly above $1150 levels.

Major Signals

Volatility is certainly a strong force in bitcoin markets at the moment, with BTC/USD rates having reached to the extremes of a wide margin in a short period of time.
The recent upward spike sent bitcoin prices above $1150 very briefly, finally putting the price around $1145 with slight support below that level.
While resistance at this point it still outweighing support, the positive developments are helping the market’s sentiment change for the better.

Full analysis on https://www.crypto-news.net/bitcoin-price-spikes-nearing-1150-once-again/

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5.4.2017

Bitcoin Price Falls From $1150 Levels Under Pressure

Bitcoin markets chew threw several large downward spikes as selling pressure reached peak levels amid especially high trading volumes. In so far, BTC/USD rates dropped down to 1125 levels, in what feels like an unprecedented move after the mood established through previous trading sessions. While volatility ensued after the first downward spike pushing bitcoin priced under $1150 levels, but more selling pressure was to follow; with prices ultimately settling around $1140.

Major Signals

Whilst immersive selling pressure probably attempted to perform a hostile takeover on BTC/USD markets, prices kept looming around $1150 for quite a while.
The sheer volume of the sell orders that caused the price drop is remarkable, and yet BTC/USD rates have settled around $1140 levels.
In spite of the fact that bears didn’t manage to cause a more major price fall, $1150 is starting to look like a resistance levels.

Full analysis on https://www.crypto-news.net/bitcoin-price-falls-from-1150-levels-under-pressure/

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4.4.2017

Bitcoin Price on the Rise Above $1150

Bitcoin rates are on a rising trail ever since bitcoin markets broke through the resistance level at $1100. In so far, trading volumes remain notably high while selling pressure is still being outrun by buy orders as the price keeps rising. BTC/USD rates peaked right below $1160, yet resistance seems weakened as markets keep looming around peak levels.

Major Signals

Bitcoin markets are continuing to be bullish as buying pressure doesn’t have a hard time helping the price rise even amid such high trading volumes.
Weak support has formed around $1150 levels, yet resistance still seems to be stronger at this point, especially with the price rise being so recent.
While back to back buy orders seem to have brought BTC/USD rates so far, it’s still uncertain if the most recent peak will be the top of the price rise.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-the-rise-above-1150/

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3.4.2017

Bitcoin Price on the Rise Above $1100 After Breakthrough

Bitcoin prices appear to be on the rise once again, a development that comes after a prolonged period of bearishness. It seems as though the break through resistance at $1100 levels was enough to propel markets towards a more positive market sentiment as buying pressure is once again back on the table with trading volumes also being on the rise.

Major Signals

Upward price spikes lead bitcoin prices on a rising pattern thanks to markets showing a great reception to the bullish developments.
Buying pressure is obviously outrunning selling orders as the market’s sentiment takes a turn for the better.
Support has yet to form yet buying pressure has so far been sufficient to keep bitcoin prices from falling.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-the-rise-above-1100-after-breakthrough/

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2.4.2017

Bitcoin Price Corrects After Brief Run Above $1100

Bitcoin prices did briefly climb above $1100 levels through the last trading session but selling pressure was able to cause a price drop short after that. It seems as though markets weren’t ready to welcome such a sudden price rise as support wasn’t there to help maintain such levels.

Major Signals

Bitcoin markets are maintaining a pretty neutral market sentiment as no major developments at a certain appear to be hinted at the moment.
Selling pressure only became apparent after BTC/USD rates reached above $1100 levels, causing a price drop down to $1070 levels.
Bitcoin prices have since settled around $1080, with selling pressure ultimately failing to cause a more major price drop.

Full analysis on https://www.crypto-news.net/bitcoin-price-corrects-after-brief-run-above-1100/

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@Crypto-News. The article is from the view and the sentiment of the purely technical traders who use charts and price movement in deciding if they buy or sell. But what about from the view from the basis of fundamentals? Bitcoin is suffering from a multitude of problems right now. The biggest threat of this is the hard fork and the complications it might bring. If you take that into account, do you think this rise is still a good reason to be optimistic?

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1.4.2017

Bitcoin Price on a Trail Back to $1100?

Bitcoin markets are keeping up through trading sessions with increased trading volumes. BTC/USD rates surged with a rise of almost 5% through the last trading session, with traders appearing to be increasingly optimistic in the last few hours of trading activity. Bitcoin prices did break above several resistance levels.

Major Signals

Bitcoin prices did reach a peak right below $1090 but resistance above this point just seems too strong.
Support has effectively formed around newly reached levels, paving the way for positive developments.
Upward price spikes appear to be having a positive reception so far as strong selling pressure has quite apparently backed down.

Full analysis on https://www.crypto-news.net/bitcoin-price-on-a-trail-back-to-1100/

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31.3.2017

Bitcoin Price Holds Steady Above $1000 in Spite of Pressure

Bitcoin markets have gotten traders used to quite a bit of volatility through the last few days, yet traders have managed to help BTC/USD combat the ever growing selling pressure through the last few days. In so far, a bottom of $1020 levels might have been reached, but resistance seems to get easily exhausted amid the current market sentiment.

Major Signals

Bitcoin prices might have reached a bottom of $1020 through the last trading session, yet trades managed to climb above $1050 since then.
Resistance at $1050 caused prices to settle below such levels, but selling pressure now seems more exhausted.
With sell walls only intensifying above $1050, it seems as though several traders are set to make a breakthrough harder.

Full analysis on https://www.crypto-news.net/bitcoin-price-holds-steady-above-1000-in-spite-of-pressure/

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30.3.2017

Bitcoin Price Rebounds Above $1050

While volatility is still a strong element in bitcoin markets, traders are now pushing for higher prices amid a wave of apparent buying pressure. BTC/USD rates peaked above $1050 levels through today’s trading session with the market showing potential to overcome such levels. Buying pressure seems to be outrunning resistance as the market’s sentiment might be going through a positive overturn.

Major Signals

With bitcoin rates peaking above $1050 following several negative trading sessions, the price rise might be a positive break away from bearishness.
Large buy orders pushed the price up several times throughout the day while $1050 seems like a feasible target again in spite of volatility.
In so far, the market’s sentiment is notably more positive than what it was through percending trading sessions.

Full analysis on https://www.crypto-news.net/bitcoin-price-rebounds-above-1050/

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29.3.2017

Bitcoin Price Remains Above $1000 in Spite of Strong Resistance

Bitcoin prices have so far managed to stay above $1000 in spite of selling pressure making a slight return into markets through the last trading session. BTC/USD rates reached a top price above $1060 but have since fallen to significantly lower price levels amid a market sentiment dipped into volatility.

Major Signals

Bitcoin prices appear to be entering a circle of volatility after markets reached a top price slightly above $1065 yet failed to break further away from resistance.
Prices have since fallen but trades are on a rising trail after underlying support kept prices above $1000 in spite of the pressure.
$1010 seems to be the support levels identified today yet selling pressure observed throughout the day seems to have enough momentum for a probable breach.

Full analysis on https://www.crypto-news.net/bitcoin-price-remains-above-1000-in-spite-of-strong-resistance/

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28.3.2017

Bitcoin Price Rebounds Above $1000 After Ease of Selling Pressure

Bitcoin markets are going through a period with relatively high trading volumes as usual yet the bearishness that caused price drops for BTC/USD rates seems to have now went away in part. After bitcoin prices dropped down to $950 levels, trades are now happening around a price point above $1000 once again.

Major Signals

Bitcoin appears to be regaining its strength as quite a bit of money is probably flowing back into bitcoin markets.
While the confidence of traders in the current market outlook might be uncertain, yet the current recovery is certainly driven by quite a bit of buying pressure.
Resistance seems have quickly taken shake as bitcoin prices fell from newly reached levels through the ongoing rebound.

Full analysis on https://www.crypto-news.net/bitcoin-price-rebounds-above-1000-after-ease-of-selling-pressure/

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25.3.2017

Bitcoin Price Falls Well Below $1000 Through Breach of Support

BTC/USD rates are going through a tough period of strong selling pressure as the downturn is furthering its impact. Bitcoin prices dropped almost 10% through the last few hours, with trading volumes reaching levels even higher. The market’s sentiment has only kept feeding the bearish mood as the downturn continues with prices reached further below the $1000 mark.

Major Signals

The downward spiral bitcoin markets had entered appears to have escalated into an all around bearish mood.
Traders are giving into the pressure of selling this way creating massive back to back sell order logs, pushing the price down.
BTC/USD rates are now trading around $930 price levels with showcased tendencies to go even lower.

Full analysis on https://www.crypto-news.net/bitcoin-price-falls-well-below-1000-through-breach-of-support/

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24.3.2017

Bitcoin Price in Another Bearish Spiral

As of today, a breach through the weak support at $1000 levels was close but was eventually followed by a swift recovery with BTC/USD rates finally settling around a $1010 price point.

Major Signals

BTC/USD rates fell from a peak above $1050 levels after the weakened selling pressure managed to breach the apparently weaker support.
It’s not obvious that the market’s sentiment is still not ready to support upward price swings.
Support at even $1000 levels seems dangerously weak through the recent downturn as the market’s bearish sentiment continues.

Full analysis on https://www.crypto-news.net/bitcoin-price-in-another-bearish-spiral/

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23.3.2017

Bitcoin Price Falls Again After Markets Fail to Sustain $1100 Price Levels

Bitcoin prices are seeing a fall greater than 6% within this trading session, with selling pressure once again becoming a major factor in the market. Price levels above $1100 didn’t seem to remain sustainable for long as few sell orders pushed BTC/USD rates below them, with largest sell orders influencing markets only hours after the breach.

Major Signals

Markets appear to have given in a bearish takeover after the failure of the recent recovery to be sustained at decently high price levels.
Traders were instantly alerted by selling pressure as even the slightest downward swing appeared to be having a more major follow up until recent hours.
Bitcoin prices are now settling around $1030 levels after the recent fall sent prices well below levels it had recovered to.

Full analysis on https://www.crypto-news.net/bitcoin-price-falls-again-after-markets-fail-to-sustain-1100-price-levels/

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22.3.2017

Bitcoin Price Climbs Past $1000

Bitcoin markets saw BTC/USD rates rise and break through several resistance levels after traders eased with selling pressure. Bitcoin prices managed to climb above $1100 levels and even peaked at $1120 in today’s trading session. Whilst the markets response to the price rise induced some selling pressure, BTC/USD rates did go above $1100 once again.

Major Signals

Bitcoin prices seem to be driven by back to back buy orders that have so far managed to lead BTC/USD rated to a recovery.
The market’s reception to the rise hasn’t been particularly bearish as the response didn’t send bitcoin prices below newly reached levels for long.
Selling pressure seems to have quieted down while bitcoin markets are seeing a significant rise through the last few hours.

Full analysis on https://www.crypto-news.net/bitcoin-price-climbs-past-1100/

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21.3.2017

Bitcoin Price Rebounds After Fall Below $1000

Bitcoin markets were eager to support a recovery above $1000 with selling pressure so far failing to cause another price drop below such levels. BTC/USD rates are now settling slightly below $1050 after having dropped to a low of $1010 during today’s trading session. So far, the decline from high trading volumes has perhaps brought ease in terms of reducing selling pressure.

Major Signals

Large sell offs are for one being responded with swift recoveries as the decline in selling pressure has brought back some balance in markets.
Whilst selling pressure is still playing big role amid the current market sentiment, it’s effectively countered by current buying pressure.
BTC/USD rates seem to be headed back to the post-fall peak as prices appear to be climbing close to $1050 again.

Full analysis on https://www.crypto-news.net/bitcoin-price-rebounds-after-fall-below-1000/

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19.3.2017

Bitcoin Price Burdened by Resistance at $1000 Levels

Bitcoin markets still seem to be under pressure from the downturn affecting bitcoin markets since a few days ago. BTC/USD rates continued declining, even reaching below $1000 levels, down to $940. Back to back sell orders are still holding strong in spite of trading volumes having gone slightly down since the peak reached in preceding trading sessions.

Major Signals

BTC/USD rates are under a volatile siege after the continuation to the market’s bearish mood breached support.
A return above $1000 levels was attempted but lost the battle with resistance eventually.
The markets sentiment doesn’t seem to be improving much as a recovery to pre-crash levels seems more unlikely through time.

Full analysis on https://www.crypto-news.net/bitcoin-price-burdened-by-resistance-at-1000-levels/

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18.3.2017

Bitcoin Price Under Pressure as $1100 Support Is Breached

Bitcoin markets continue being under strong selling pressure as trading volumes have kept going up while prices drop. Sell offs are becoming more significant through time with prices dropping well below $1100 levels through today’s trading session. This mood of overall pessimism is apparently taking bitcoin markets by storm in the last few hours.

Major Signals

The price fall that’s been going on for a few trading sessions now doesn’t seem to be taking any breaks.
BTC/USD rates dropped below $1100, down below $1070 levels with selling pressure still being strong.
Sizeable back to back sell orders are swift in eating through support and outpacing any potential upward swings.

Full analysis on https://www.crypto-news.net/bitcoin-price-under-pressure-as-1100-support-is-breached/

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17.3.2017

Bitcoin Price Looming Below $1200 Levels Amid Bearishness

Bitcoin prices apparently had a hard time staying above $1200 price levels after recent developments. While trading volumes remain considerably high, selling pressure is making a return. Bitcoin prices did break below $1200 on several occasions and large sell orders even pushed prices down to $1100 through the today’s trading session.

Major Signals

BTC/USD rates are volatile within a specific margin as traders are perhaps still indecisive as to what direction the market could follow.
Bitcoin prices are taking a downturn only days after BTC/USD rates were trading at 1250 levels following a recovery.
This time around the price fall is much more significant with trading volumes also being up considerably.

Full analysis on https://www.crypto-news.net/bitcoin-price-looming-below-1200-levels-amid-bearishness/

Topic: Daily Bitcoin Price Analysis from Crypto-News.net - page 3. (Read 10533 times)