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bitcoin price News

Bitcoin moving up slightly at the end of first week of December

While Bitcoin's price has been flirting with dropping as far down as $3,000, it is showing a bit of a positive move at the end of the week rising to a high of well over $3,500 during trading today. It still has a ways to go to break over $4,000 again.

Bitcoin drops again to set new low for 2018

Bitcoin (BTC) continued its downward trend today even setting a new record for the year. In spite of the low price buyers do not seem to be rescuing bitcoin from further drops. There is no sign of a year end rally as often has happened in the past.

Bitcoin appears headed for record loss this year

Unless there is a drastic change in direction with a significant rally later this month, Bitcoin is headed for the biggest yearly loss on record even though historically there is often a large year end rally for the coin as happened last year.

Bitcoin appears to be consolidating a bit below the $4,000 level

After a brief recovery from one week lows, bitcoin appears to be consolidating slightly below $4,000. Although it did manage to climb back over $4,000 briefly today it has dropped well below that level later today.

Bitcoin recovery fizzles as price drops well below $4,000 again

After it seemed that Bitcoin was about to experience a recovery rally subsequent to recent large drops, today it dropped well below the $4,000 level again a sign that perhaps it will experience a further drop before the year's end.

After worst November in 7 years Bitcoin appears in recovery mode

After dropping well over $2,000 during the month of November, today Bitcoin (BTC) is recovering somewhat but it remains to be seen whether this just a short term rally prior to another large drop.

Bitcoin begins a dip down again at the end of November

After showing signs of a significant recovery, to end November Bitcoin((BTC) has dipped below the $4,000 level with signs of a continuation of recent large drops.

Bitcoin manages to stay above $4,000 for last 24 hours

After a significant recovery yesterday Bitcoin (BTC) has managed to stay above $4,000 for the last 24 hours and has even moved to the upside as well.

Bitcoin recovers to well above the $4,000 level today

Bitcoin(BTC) fought its way back well over the $4,000 level as it recovers from recent lows below that. Today the price is moving up but the path of least resistance remains to the downside.

Bitcoin recovery short-lived as it drops well below $4,000 again

Just when Bitcoin(BTC) appeared to be mounting a substantial recovery from recent lows the price is headed back down again within the last 24 hours.

Bitcoin falls below $3,500 even though oversold technically

After opening still over $4,000 24 hours ago Bitcoin (BTC) has fallen even below the $3,500 level so far today. Buyers are still not rushing in to take advantage of the low prices even though technically the coin is very much oversold.

Signs point to a possible Bitcoin price recovery bounce

Today Bitcoin seems ready to begin a recovery rally after it has several times bounced off a low near $4,000 and appears to be on the way up today although it is still not a large gain.

After signs of recovery Bitcoin appears to be losing ground again

After signs of a recovery yesterday, late today Bitcoin appears to be falling back towards the $4,000 level rather than as some thought experiencing further recovery.

Bitcoin crashes to a new low for over a year below $5,000 today

Bitcoin (BTC) set a new low for the year today dropping as low as $4,951 before a slight recovery. This is lower than it has been for over a year. It remains to be seen if the price has hit a bottom yet.

Bitcoin almost recovers to near $5,600 but then drops back again

While Bitcoin today appeared to be in a recovery mode from its recent large fall, it seems to be starting to decline again somewhat. It reached almost to $5,600 before declining to a low of $5,422 from which it appears to be recovering.

Bitcoin suffers big drop of more than $800 dollars over today

The long expected big move in the Bitcoin(BTC) price came today as over the day the price dropped by over $800 dollars from over $6,200 to as low as $5,390 on CoinDesk. Bitcoin had been trading in a narrow range without any large moves for some time.

Bitcoin drops below the $6,300 level

The price of Bitcoin (BTC) the largest cryptocoin by market cap, has been declining today and has dropped below the $6,300 level. However, it is still well above $6,000 at least for now.

Bitcoin trading up but in a narrow range just below $6,400

Bitcoin went up today right from the open at $65,353 and managed to crawl up to a high of $6,394 level but was not able to break through the $6,400 level again. It traded all day in a narrow range.

Bitcoin trading in a narrow range but breached the $6,400 level

Bitcoin is trading in a narrow range again with volatility being low. However, it has managed to break through the $6,400 level, a positive sign for the bulls, and it was above that level at the close.

Bitcoin is trading in a narrow range between $6,300 and $6,400

So far today, Bitcoin (BTC) is trading in a very narrow range again as it has in the past few weeks for the most part. It did drop a while ago but is still several hundred dollars above the $6,000 level.

Bitcoin had a bad October but is almost at $6,400 today

Bitcoin(BTC) has stabilized and moved up slightly but closed off the month considerably lower than at the beginning. However, it is inching up towards the $6,400 level at present.

After moving sideways for weeks Bitcoin drops down today

After days of trading between $6,400 and $6,500 Bitcoin(BTC) finally suffered a drop of nearly $200 dollars. However, given the length of time there has been low volatility and trading within a narrow range the drop is not as large a move as was expected.

Bitcoin trading in a very narrow range between $6,400 and $6,500

Bitcoin has been trading sideways with a few up and downs but within the narrow range of $6,400 to $6,500. There seems to be no break upwards as yet.

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.
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