Bitcoin Holds Above $9,000 as Buyers Look to Extend Its Upwards Momentum

2019-11-1 00:00

After hovering just above $9,250 for an extended period of time, Bitcoin (BTC) has now been able to climb slightly, signaling that buyers did not want to lose this level to sellers, who had been building significant strength over the past couple of days.

Analysts are now noting that the cryptocurrency may be positioned for. . .

The post Bitcoin Holds Above $9,000 as Buyers Look to Extend Its Upwards Momentum appeared first on NewsBTC.

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buyers bitcoin above momentum look upwards extend

Источник: newsbtc.com

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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move.

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Bitcoin going down, purchases for Bitcoin – grows

Coin2Shop analysts have published data about the number of buyers who use BTC and ETH to pay for goods in online shops has increased. And if in August the number of users of the company’s plug-in did not exceed 400 accounts, and the number of purchases for cryptocurrency was almost half less – 231 transactions […] The post Bitcoin going down, purchases for Bitcoin – grows appeared first on ZyCrypto.

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Although cryptocurrencies have been in a bear trend since the beginning of the year, Bitcoin holders since 2011 have registered 0.347% profits per day if they keep holding their virtual currencies. According to the Store of Value Tracker Website, if an individual bought Bitcoin in January 2011 it has registered a 0.347% daily average change. […]

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