Bitcoin Goes For 173 Days Without a New Price Peak

If Bitcoin has seemed boring for a while, one of the reasons is the asset has gone more than 173 days without a new price record. The last two quarters saw BTC prices unravel from nearly $20,000 to the current levels around $7,500. The statistics show that the longest sideways drift for Bitcoin was between … Read more

Bitcoin Buying on the Rise Again in Venezuela

Bitcoin price in Venezuela: A report has it that Venezuelans’ interest in buying Bitcoin has increased significantly over the last three months, Criptonoticias news outlet reports Wednesday, June 6, citing data from the LocalBitcoins exchange. Venezuela experienced its first cryptocurrency boom in early 2017, when a record volume of 805 bitcoins exchanged in a week was … Read more

Bitcoin Faces Close Below Long-Term Support In First Since 2015

Bitcoin risks closing below the 50-week moving average (MA) – an important long-term support not breached for over two-and-a-half years. With the bears already on the offensive following the recent sell-off, prices are likely to suffer if bitcoin closes on Sunday below the key support, currently seen at $7,611.  More worryingly for the bulls, since … Read more