Bitcoin markets appear to have started giving into selling pressure as the peak at $1040 was only followed by a general drop in BTC/USD rates. Large sell orders caused major drops in bitcoin prices with BTC/USD rates going as low as $995. The recovery back to $1000 levels might have […]

Yesterday’s bull run not only broke resistance, but also ushered the price to levels above $750. The market seems to have embraced the price rise, as we’ve yet to see a drop below that level. Major Signals Market sentiment has changed dramatically since the time before the price rise leading […]

The recent break through resistance didn’t leave bullish traders unchallenged. Resistance at $1200 seems to have been reconciled as the previous trading session had BTC/USD rates reach close to this level, but ultimately prevented a price rise beyond it. From the looks of it, bitcoin traders are really into forming […]

The Financial Commission (FinCom), a self-regulatory organization in the financial services space, announced on Thursday that the Australia-headquartered broker, IC Markets joined it as a member. “The approval highlights the increased interest and demand for independent external dispute resolution (EDR) services among the industry’s leading FX industry participants,” FinCom stated in the […]

Bitcoin prices reached a historical breakthrough in the last trading session, as prices rose above $2000 levels. The continuous price rise that drove bitcoin’s price above this important price point has been going on for quite some time now but the momentum does not seem to be wearing out. Major […]

Selling pressure made BTC/USD rates dip, dropping below $1000 levels and down to $955 levels. The amazingly large sell orders that sent BTC/USD rates down to such levels were remarkably large for the setting trading volumes had contributed for. It’s no wonder that orders of that size impacted the market’s […]

Some rather unexpected back to back sell orders caused a substantial price drop yesterday, making BTC/USD reach a bottom of $720. Thankfully, this bearish takeover didn’t manage to cause a price drop below that level, but previous support levels were still breached, and the outlook isn’t bright. Major Signals The […]

BTC/USD rates are going through a tough period of strong selling pressure as the downturn is furthering its impact. Bitcoin prices dropped almost 10% through the last few hours, with trading volumes reaching levels even higher. The market’s sentiment has only kept feeding the bearish mood as the downturn continues […]

One of the largest sell orders was filled through the span of the last trading session. The large size of the sell order in question did manage to cause a drop in BTC/USD rates, but the response of the markets was sufficient to prevent the price from dropping further. However, […]

Bitcoin prices were kept under $1200 levels for quite a few hours through yesterday’s trading session as traders appeared to be fighting a losing battle with selling pressure. Ultimately, prices have recovered above this level today, yet the sustainability of such a development is still uncertain under the current market […]