Bitcoin Price Analysis: At $6,500, Bitcoin Prices are Under-Priced in a $8 Trillion Fair Value Market Cap

A combination of over-the-tops Bitcoin price predictions by Tim Draper and favorable developments in the crypto-verse could cement our previous Bitcoin price forecasts. Further strengthening this position is news that Morgan Stanley plans on creating their Bitcoin derivatives. Coincidentally,

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Bitcoin Price Watch: BTC/USD Remains At Risk Below $6,500

Key Points Bitcoin price is currently consolidating below a major resistance at $6,500 against the US Dollar. There is a short-term breakout pattern in place with resistance at $6,380 on the hourly chart of the BTC/USD pair (data feed from Kraken). The

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Bitcoin Price Weekly Analysis: BTC/USD Decline Could Extend to $5,950

Key Points Bitcoin price is bleeding and it could extend its slide below the $6,100 level against the US Dollar. There is a connecting bearish trend line in place with resistance at $6,300 on the 4-hours chart of the BTC/USD pair

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Bitcoin Price Watch: BTC/USD Buyers Could Struggle Near $6,620

Key Points Bitcoin price slowly recovered after trading as low as $6,249 against the US Dollar. There is a bearish flag forming with current resistance at $6,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is

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Bitcoin Price Watch: BTC/USD Correcting Gains After Hitting $7,300 Target

Key Points Bitcoin price traded higher and moved above the $7,300 resistance area against the US Dollar. There was a break below a key bullish trend line with support at $7,260 on the hourly chart of the BTC/USD pair (data feed

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Bitcoin Price Watch: BTC/USD Recovers Sharply, Could Retest $7,120

Key Points Bitcoin price extended downside correction and tested the key support at $6,775 against the US Dollar. This week’s followed major bullish trend line was breached with support at $6,930 on the hourly chart of the BTC/USD pair (data feed

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Bitcoin Price Watch: BTC/USD Forming Breakout Pattern Above $6,600

Key Points Bitcoin price is trading in a contracting range with support above the $6,600 level against the US Dollar. There is a major contracting triangle in place with resistance around $6,740 level on the hourly chart of the BTC/USD pair

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Bitcoin Price Watch: BTC/USD Slowly Grinding Higher Towards $6,700

Key Points Bitcoin price is forming a support base above the $6,350 and is currently moving higher against the US Dollar. There is a short-term contracting triangle forming with resistance near $6,610 level on the hourly chart of the BTC/USD pair

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Bitcoin Price Weekly Analysis: BTC/USD Failed Again Near $6,600, Now What?

Key Points Bitcoin price rebounded and moved above the $6,400 level, but it failed near $6,600 against the US Dollar. There was a break below a major bullish trend line with support at $6,460 on the 4-hours chart of the BTC/USD

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Bitcoin (BTC) Technical Analysis: Why Code is Law and Self Regulating, Not the SEC

First, let’s remember Satoshi’s words:  “We have proposed a system for electronic transactions without relying on trust” Snapping back to reality and lest we forget, cryptocurrencies including Bitcoin, Litecoin and Dogecoin are alternatives to the government backed fiat currencies. It’s

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Bitcoin (BTC) Technical Analysis: Why Code is Law and Self Regulating, Not the SEC

First, let’s remember Satoshi’s words:  “We have proposed a system for electronic transactions without relying on trust” Snapping back to reality and lest we forget, cryptocurrencies including Bitcoin, Litecoin and Dogecoin are alternatives to the government backed fiat currencies. It’s

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Crypto Market Crumbles To New Year-To-Date Lows, Where Does it go Next?

On Thursday, investors awoke to a promising sight — a $300 candle that brought Bitcoin’s price off a $6,150 low — so some thought that the worse for over for the market. But, as some investors were lured into

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Bitcoin Price Watch: BTC/USD Hesitates, But Further Gains Possible

Key Points Bitcoin price corrected higher and moved above the $6,350 resistance against the US Dollar. There is a key ascending channel forming with support at $6,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is

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Bitcoin Price Watch: BTC/USD Rebounds After Dipping To $6,100

Key Points Bitcoin price declined further and traded below the $6,200 support level against the US Dollar. There is a short-term connecting bearish trend line in place with resistance near $6,380-6,400 on the hourly chart of the BTC/USD pair (data feed

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