Category Archives: bitcoin volatility index

Bitcoin Price Avoids Bigger Fall amid Market-Wide Consolidation

Bitcoin traded to the upside on Wednesday, snapping a multi-session losing streak that dragged prices toward new lows for the year. The outlook on BTC and other cryptocurrencies remains overwhelmingly bearish, which means investors can expect a re-test of last week’s lows relatively soon. BTC/USD Update The bitcoin price reached a high of $3,570.00 on […]

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Bitcoin Price Remains Under Pressure Following Midweek Rollover; Dump and Consolidation Continues

The price of bitcoin saw little upside on Thursday, as the leading digital currency remained in limbo following a sharp drop during the previous session. High trading volumes suggest BTC is subject to another large move before the week is over. BTC/USD Update The bitcoin price breached the $3,700 floor on Thursday for the second […]

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Bitcoin’s Recovery Lacks Momentum as Price Returns Below $4,000; New Trading Range Established

The price of bitcoin traded lower on Wednesday, putting an abrupt end to yesterday’s rally attempt and signaling continued pressure on the cryptocurrency market as a whole. At the time of writing, BTC/USD was back trading below the psychologically significant $4,000 level as the pump-and-consolidation cycled continued. BTC/USD Update Bitcoin reached a session low of […]

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Bitcoin Price Buckles Under Corrective Pressure; $4,000 Support Holds

Bitcoin’s price gave back a big chunk of its weekly gains on Friday, as the market entered into technical correction following sharp rebounds earlier in the week. BTC/USD Update The bitcoin price swung below $4,000 briefly on Friday before recovering above the psychological threshold. At the time of writing, BTC/USD was trading hands at $4,054 […]

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Bitcoin Price Consolidates After Steep Loss as Market Cap Holds Below $100 Billion

Bitcoin’s market capitalization remains firmly capped below $100 billion on Friday, as prices struggled to regain momentum following a catastrophic selloff earlier in the week. Although bitcoin remains firmly in the grip of the bears, price action over the last 24 hours suggests the worst of the downshift had passed. BTC/USD Update The bitcoin price […]

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