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bitcoin price News

Bitcoin could see a bull rally early next year analysts claim

At present, Bitcoin (BTC) has been trading basically sideways during the last 24 hours or so around the $6,500 level with a brief jog up to $6,590 and a low of $6,473.

Op-Ed: Bitcoin may not be a safe haven but seems to be in recovery mode

While there is as yet no analysis of Bitcoin price movements today by Omkar Godpole on CoinDesk there was an analysis yesterday on CoinDesk by Godpole and two other authors arguing that Bitcoin was not a safe haven but a risk asset.

Bitcoin back over $6,200 but with bearish signs

After a big drop early this morning below $6,200 for the rest of the day so far Bitcoin has recovered to well over that level as it appears to be gaining a bit of lost ground in spite of bearish signals.

Bitcoin dips briefly below $6,200 but then moves above again

Bitcoin started out over $6,600 today but dropped down to a low of $6,464 at around 06:00 this morning UTC. Since then it has recovered considerably and was at around $6,542 around 22:00 UTC. There is still no breakout up or downwards a move long overdue.

Bitcoin breaks over $6,600 but with no clear up or down direction

Bitcoin(BTC) still continues trading in a narrow range over the weekend and into Monday without any significant breakthrough up or down in spite of the fact that a sharp break has been expected for several days now.

Bitcoin trading sideways over $6,500 with no big break up or down

Bitcoin rose up over the open a hundred dollars early in today's trading but since then has been trading sideways above the $6,500 level

Bitcoin trading around $6,500 level without clear direction yet

Bitcoin(BTC) is continuing trading mostly sideways in a narrow range. It was expected to establish a definite trend up or down. The level of least resistance is down but so far a definite break has not happened.

Bitcoin above the $6,500 level but no decisive break up or down

Bitcoin's (BTC) price appears to be consolidating for now somewhat over the $6,500 level. Even though long term indicators show the path of least resistance is downward there has been no decisive break up or down so far.

Bitcoin direction uncertain as it trades near $6,700 level

Bitcoin's price appears to be stuck for now around the $6,700 level after a sharp break downward did not come to pass with the price rising through $6,800 on Bitfinex earlier today but then falling back below $6, 700 again.

Bitcoin breaks through $6,500 level briefly today

Although it looked as if Bitcoin(BTC) might be headed down, today it actually has been gaining. Indeed, it reached a high of over $6,500 again rather than testing the $6,000 level on the downside.

Bitcoin drifting down today but still above $6,000

BItcoin(BTC) has had a down day, dropping down sharply early in the day and since trading mostly sideways within a relatively narrow range.

Bitcoin may be consolidating price above $6,600

After sharp gains yesterday taking the price well over $6,500 the price early today went past $6,800 but since then has dropped back but has stayed above $6,600 all day.

Bitcoin moves sideways then briefly breaches $6,500 mark

Bitcoin managed to trade sideways most of the day but then dipped and ran up over $6,500 briefly before the close. At the close today UTC time it was just below that mark.

Bitcoin price is trending up over the $6,500 mark again

Having dropped below $6,500 yesterday, the bitcoin price has climbed back over that mark on Saturday as it appears to be enjoying an uptrend for now.

Bitcoin in recovery mode as it manages to top $6,500 briefly

The Bitcoin price appears to be in recovery mode with a bullish trend taking the price above $6,500 at least briefly and closing the day over $150 dollars above the open. However, the price has a long way to go to regain losses it has suffered lately.

Bitcoin price may be consolidating above the $6,000 level

So far today the price of Bitcoin is down but still well over the $6,000 mark. The range so far is rather narrow. Perhaps, the price is consolidating before another move up or down

In a sudden reversal bitcoin price drops below $7,000 level

The bitcoin price suffered a serious blow yesterday just as it seemed to be entering a bullish phase. After establishing itself well above the $7,000 level, within half an hour or so it dropped well below that level.

Bitcoin price established well above $7,000 amid bullish signs

Bitcoin's price was well established above the $7,000 level all day and close almost one hundred dollars above its open. While there was no large leap upward the trend and technical indicators show a bullish reversal.

Bitcoin price well up over $7,000 again with Saturday gain

On Saturday, bitcoin's (BTC) price swung upwards starting the day around $7,042 but after a couple of jumps reached around $7,218 at 20:15 before falling back to close at $7,192. Still this was a reasonable gain after the price recently fell below $7,000.

Bitcoin price dives down below the $7,000 level again

Bitcoin has fallen below the key $7,000 level again unable to hold its gains. It fell substantially bottoming out near $6,800 before recovering quite a bit before the close today on UTC time but still below the $7,000 mark.

Bitcoin finally breaks through $7,000 barrier

Early Tuesday morning August 28, bitcoin finally broke through the $7,000 level as it appears to be recovering even more lost ground. It had been stuck below $6,800 for almost three weeks now.

Bitcoin price approaches the $7,000 level late today

Bitcoin finally is testing the $7,000 level as it soared up to past $6,900 during the final hour before it closed. It is now August 28 and the trend appears upward from late yesterday afternoon.

Bitcoin moves sideways for half the day and then moves up

While the bitcoin (BTC) price spent the first half of today moving mostly sideways in the afternoon it showed a definite upward trend and reached over the $6,700 level.

Bitcoin makes big gains only to lose them after bad news

Bitcoin's (BTC) price rallied early today to just about one hundred dollars shy of the $7, 000 mark only to pull back and drop precipitously later in the day as the US Securities and Exchange Commission (SEC) rejected applications for a number of ETFs.

Bitcoin still well above $6,000 after losing some ground

While bitcoin (BTC) is still trading well above the $6,000 level so far it has not broken out in a definite upward or downward swing although it did lose some ground during today.

Bitcoin well above $6,000 level but bullish trend uncertain

While bitcoin's price is staying well above the $6,000 level it is trading within a relatively narrow range at present after rising above the $6,500 level yesterday.

Bitcoin manages to break through the $6,500 level briefly

Bitcoin rose today well over $6,500 after it had fallen below the $6,000 level yesterday and looked headed for a record new low for the year.

Bitcoin price survives weekend above $6,000 level

Bitcoin's (BTC) price is staying above $6,000 for now although so far today it has not managed to stay above $6,500 for long. Trading again seems to be contained so far in a relatively narrow range.

Bitcoin is now half of total cryptocurrency market capitalization

Bitcoin (BTC) now has reached the stage where it makes up fully half of the entire capitalization of the cryptocurrency market. Just past 03:00 UTC August 11 CoinMarketCap's bitcoin dominance rate reached 50 percent, the first time since Dec. 19, 2017.

Bitcoin struggles to stay over the $6,000 level

Bitcoin appears to be recovering slightly today as it is trading well beyond the $6,000 level after approaching that level on Wednesday with a three-week low of $6,121 on Bitfinex exchange.
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