Bitcoin Following an extremely volatile month of December, the Bitcoin price managed to recover during the past week. Last month the price almost reached the 20,000 before dipping towards the 10,500 level on the Coinbase exchange. It seems like investors had been cashing out their profits ahead of the end
Weekly Crypto Analysis by Crypto Frontline
Bitcoin At the time when we wrote our last analysis, the bitcoin price seemed to head higher and it continued to do so. The price surged towards the 16,000 area then started to tumble again. We mentioned last week as well the 15,700 level and suggested it could generate new
Bitcoin This week had been by far the worse trading week for bitcoin. The price was down almost 40% at one point and from our point of view, this selloff will definitely hurt confidence over the near future. Latest headlines point out that bitcoin.com co-founder Emil Oldenburg had reportedly sold
Bitcoin Between December 1st and 7th, the bitcoin price had an impressive performance, starting the week around 9,800 US dollars per coin and ending the week at 15,744, an almost 6k gain in just a week, the biggest weekly gain since bitcoin had been launched. Despite other weeks, the price
Following an approximately 35-40% drop, Bitcoin had been trading upwards for the last four weeks. What’s interesting about the move is that the buyers managed to balance the order flow and reverse the trend at such a strong pace, which suggests that the appetite for buying the cryptocurrency is still
