BTC price
3 posts
HomePrice AnalysisBitcoinBitcoin Price: Technical and Fundamental Indicators Suggest Downtrend Bitcoin price (BTC) trades in the range of $7000 today after finding support around the 50-day low of $6500 that it hit during the weekend. The largest crypto coin lost 18% of its price last week, down 45% in the last three months. Albeit recent volatility, technical factors are getting adverse for bulls who are looking for a sharp uptrend. Bitcoin price plunged below the 200 day and 50-day moving averages (dma), which technical analysts believe indicates a bearish trend for BTC price. The moving averages have also formed a Death […]
HomePrice AnalysisBitcoinBitcoin Price Crashed in First Quarter– What’s Next? Bitcoin price (BTC) was in doldrums during the first quarter: Bitcoin price has had experienced significant volatility in the first quarter of 2018; the coin’s price jumped to $17000 at the beginning of first quarter before retreating to the $6000 mark on February 6. BTC price has extended its volatility in March and ended the month trading below $7000 level. Overall, Bitcoin price lost 45% of value in the first quarter, representing a loss of $130 billion to its total market capitalization. Source Image: coinmarketcap.com The downward trend in BTC price has […]