bitcoin

Bitcoin holding steady over the highest point ever in the year 2015

October 31, 2015 2:15 pm Published by 1 Comment

In my previous post about Bitcoin I said that breaking $300 was important, but that was only important because it’s a nice round number and human beings like these sort of things. The actual level that needed to be broken was $304,3 which was the highest point Bitcoin had ever been this year and sure enough it managed to not only break this level, but stay above it steadily for more than 24 hours. As of right now, Bitcoin has not been this expensive in the entire year of 2015 so things are looking rather good! Unlikely a pump and... View Article

Bitcoin’s struggle to break the $300 USD barrier continues

October 27, 2015 12:23 pm Published by 1 Comment

While it’s true that the Bitcoin, at least in theory, should continue to climb against the USD in the coming weeks and months, we are once again finding some serious resistance from the $300. The most recent rally found resistance around the $296 area to be precise and when we look at the overall movement of the crypto currency through the entire year of 2015, we will see that it’s not the first time this has happened. Breaking $300 is key When you look at the chart above, you will immediately notice that we are right now testing the $300... View Article

Why the Bitcoin price started to rise in the second half of October?

October 24, 2015 7:33 pm Published by 1 Comment

Bitcoin has been struggling to stay above 230-240 USD for months ever since the bears washed away all of our expectations in August, but now, Bitcoin has started a new rally and what’s really exciting about this are the news. We have some serious and strong fundamentals to back up the technical analysis which is already indicating a clear breakout. Here’s why Bitcoin started to gain suddenly in the second half of October. Corrupt FBI agent charged with extortion Carl Force, a former FBI agent who was working undercover to help take down one of the biggest illegal marketplaces online,... View Article

Bitcoin price continues to tumble in the second half of August, 2015

August 21, 2015 1:12 pm Published by 1 Comment

Bitcoin started off August with a selling spree and while the price did stabilize for a week, we are now seeing even more intense selling taking place in the second half of August, 2015. As of right now all indication of a bullish market is now lost and the bears have won the battle. Bitcoin value is decreasing When you look at the daily charts you can see that the Bitcoin keeps testing for lower and lower points. The last mass selling on the 19th of August closed the market at $218,693 and even though the next day was bullish,... View Article

BTC/USD Starting August off with a Selling Spree

August 1, 2015 3:43 pm Published by 1 Comment

The BTC/USD has been in a consistent decline now for the last four days when the selling started back on 29th of July. As of right now things aren’t looking too good! We’re seeing signs of bullish reversal on the D1 time scale, which shouldn’t come as a surprise because we’re still in a very strong overall bear market when looking at the Monthly chart. However the Bollinger Bands breakout on 1W is giving hope for the mid-term. Suspicious crash to $194.922 On the 18th of July there was a suspicious price drop all the way down to $194.922. The... View Article

The bears have been eating away Bitcoin since yesterday

July 17, 2015 11:57 pm Published by Leave your thoughts

Since the 16th of July the price of Bitcoin has stayed under the daily pivot point indicating a bearish market in favor of SHORT orders. The initial “panic selling” seems to have subsided as we are now moving sideways around $271 USD per Bitcoin. I’ve never been good with going SHORT, but I guess the massive selling spree got to me too as I have just closed a SHORT position in profit (that’s very rare for me). I am currently uncertain if it can go lower, but looking at the daily pivot points I can see almost two times more... View Article

Bitcoin touches $298,912 – Highest value in 5 months

July 11, 2015 12:43 pm Published by Leave your thoughts

Yesterday around noon the Bitcoin started another bullish run following a repeating pattern and reaching as high as 298,912 USD per Bitcoin. A value last seen 5 months ago. It seems that the uncertain times in Greece and in the world as a whole have had an impact on the price of Bitcoin as investors are starting to take the cryptocurrency more seriously. More breathing room The rally from yesterday has finally broaden the overall breathing space in BTC/USD which means that from now on we should see bigger, more serious price movement in both directions. And although the overall... View Article

Bitcoin climbed all the way to $272 USD yesterday

July 7, 2015 2:10 pm Published by 1 Comment

I have been keeping an eye on the price of Bitcoin for months now and it seems that the latest forming pattern is a sudden price increase, followed by a 40-45% decline, followed by another even higher increase. It’s been happening over and over again for the past two months. I wonder if the Greeks had anything to do with the latest price increase that reached a solid $272 USD per Bitcoin? Another correction Once again we find ourselves in the midst of another correction. At the moment it seems like the $260.123 low is another great entry point for... View Article

Buy traffic with Bitcoin from Anonymous Ads advertising network

July 3, 2015 9:58 pm Published by Leave your thoughts

Lately I have noticed a growing number of Google searches coming in about buying traffic for websites with Bitcoin, but up until now I haven’t really provided any relevant information on this. Let’s change that! If you’re looking to buy website traffic and would like to pay with Bitcoin, then the best place for that is Anonymous Ads advertising network. Let’s have a look at why Anonymous Ads is worth checking out to bring in some cheap traffic for your website: No tedious signup process As an internet marketer you are probably a member of way too many networks and... View Article

Bitcoin comeback for another bullish round

June 29, 2015 7:00 pm Published by Leave your thoughts

Almost two weeks ago I predicted that the BTC/USD pair would continue to grow and I set my target level around the 253 area. (I know, I said 254.206, but it’s always a good idea to set your TP just a little bit lower). Today, on the 29’th of June, 2015 the target was reached and yet another successful trade has now been closed. The only thing that will keep bugging me is the fact that I couldn’t wait a few days into the evident correction and jumped on the train too early. Clear bullish signals from Bitcoin There’s no... View Article