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On September,2, Bitcoin reached historic high at $4,965, and that time it looked like the cryptocurrency was ready to break psychological level of $5,000 and speed up the move higher.
However, it didn't happen. During the next two weeks it lost almost 40% of its value bumping into strong support around $2,999 and rebounding to current $4,300 area.
So what is ...
The market is only talking and talking about Bitcoin , calling it either a fraud, or a currency of the future.
No wonder that monetary authorities and some financiers are trying to talk the price of the cryptocurrency down - they are simply afraid of this new form of currency that may easily take the place of traditional money.
What are they scared of?
On September 15, Bitcoin touched 1.5-month low at 2,997.7 on the news from China. First, we got to know one of the largest Chinese exchanges - BTC China - would be closed on September,30. That was the first major setback on Bitcoin. Second, Chinese financial authorities anounnced the plans to ban Bitcoin exchanges from operating in the massive emerging ...
Bitcoin is trading at a record high on Monday, up 6.35% at $4,362 a coin.
Over the past month it has added almost 100%, rejecting all the fears that a fork in the cryptocurrency would cause huge selloff.
And today we are going to touch upon very interesting issue. if just a couple of years ago there were big problems to analyze the Bitcoin moves without any ...
Comments Artur Azizov, the B2Broker CEO
Bitcoin did it again. On Saturday, August,5, it refreshed the historic high surging to $3,300 from around $2,800 the day before. It added almost 18% in value, and may definitely keep going. The current surge of Bitcoin has increased the market capitalization to more than $50 bln — $51,737,289,581.
We need to say the first ...
Since the start of 2017 Bitcoin, the most popular cryptocurrency, surged three times to the peak $2,889 reached on June, 12. It means that even if you were not smart and proactive enough to buy it at $200 in 2015, you could still have earned 312 per cent, if you bought it in January. If your investment was $1,000 you would have had $3,120 by now.
But how to trade ...
Yes, I have to disappoint you – you have little chances to earn maximum profit on crypto currency. Just because the most popular of them has already made from 300 to 5,500% since the start of the year. And it looks like the market took a pause.
However, it doesn’t mean Bitcoin has no potential to add another 5,500%. Just back in January I remember the widespread ...