Thursday, Sept. 5 — after failing to break $10,800 price point, Bitcoin continued to hover around $10,500, while most of the top 20 coins saw major losses. Market visualization | Source: Coin360 After hitting an intraday high of $10,761, Bitcoin has seen a notable decline and continued fluctuating around $10,500 for most of the day. At press time, Bitcoin is trading at $10,528, down around 1% over the past 24 hours at press time. Still, Bitcoin is up more than 10% over the past 7 days as, according to some, the major cryptocurrency entered the early phase of the next …

Wednesday, Sept. 4 — The top-20 cryptocurrencies are showing red candlesticks across the board, as the number one cryptocurrency continues to test support at $10,500. Market visualization. Source: Coin360 The Bitcoin (BTC) price has shown little price movement in the last 24 hours, and has been trading close to $10,500 for most of the day. At press time the world’s most popular cryptocurrency is trading at $10,532, down 0.63% on the day. Bitcoin’s 24-hour price chart. Source: Coin360 Cointelegraph reported earlier that analysts suggested that the climate was right for Bitcoin to see further major gains. One such analyst, going …

CoinMarketCap (CMC), a major source of data about all traded cryptocurrencies, has set the target date of Nov. 12, 2019 to announce a new liquidity ranking system. DATA membership CMC revealed the news during the first virtual roundtable held today, Aug. 27, of the Data Accountability & Transparency Alliance (DATA), a group of exchanges and projects in the crypto space formed in May 2019. DATA currently counts Binance, Bittrex, Huobi, OKEx and others as members. During the DATA roundtable, CoinMarketCap presented three topics for the alliance’s general consideration: the use of liquidity metrics, self-reported data and a unified crypto asset …

Bitcoin (BTC) price slid from levels near $11,000 Aug. 20 as momentum which sparked bullish sentiment at the start of the week fizzled. Market visualization. Source: Coin360 Bitcoin lingers below $11K resistance Data from Coin360 showed BTC/USD abandoning its shot at passing $11,000, having risen from levels near $10,700 on Monday. The pair was trading back at those levels at press time, having dropped $350 over the past few hours. 24-hour gains for Bitcoin thus remained tapered at 2%, while weekly performance still revolved around an overall loss of nearly 6%. Bitcoin 7-day price chart. Source: Coin360 Anticipation had run …

Bitcoin (BTC) price fell below $10,000 once more on Aug. 16 after climbing as high as $10,440 in early trading. Market visualization. Source: Coin360 Mixed signals for Bitcoin price Data from Coin360 spelled out another day of uninspiring performance for Bitcoin traders Friday, with BTC/USD failing to find support at five figures. This week produced multiple $10,000 crossings for Bitcoin. Markets dipped on Thursday as low as $9,500 before rebounding. At press time, however, the price was higher, remaining above $9,900. Bitcoin 7-day price chart. Source: Coin360 Those continually higher lows have given confidence to traders, with regular contributor Josh …

Bitcoin (BTC) price remained fairly buoyant on Aug. 13 despite a fresh delay of an exchange-traded fund (ETF) by United States regulators. Market visualization. Source: Coin360 Bitcoin price unfazed by Bitcoin ETF delay Data from Coin360 showed BTC/USD clinging to support above $11,000 Tuesday, as the fallout of another delay to a Bitcoin ETF hitting the market appeared to impact markets less than ever before. Bitcoin was down 0.22% at press time, while 7% weekly losses contrasted with the cryptocurrency’s best weekly close of 2019 set over the weekend. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported, previous ETF-related …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Goldman Sachs is positive on Bitcoin. In a note, one of the firm’s analysts has projected a short-term target of $12,916 to $13,971, after which it might enter a consolidation. For the long term, the analyst considers the current move as the first leg of the five wave count, which means that the analyst …

Bitcoin (BTC) price succeeded in hitting its highest weekly close of 2019 last week, further dispelling fears of a fresh price breakdown. Market visualization. Source: Coin360 Another price milestone for Bitcoin Data from Coin360 put BTC/USD trading at around $11,360 as of press time on Aug. 12. The largest cryptocurrency finished the week closer to $11,500 on some exchanges, marking its best effort of the year. Bitcoin 7-day price chart. Source: Coin360 Odds had been high that Bitcoin could surpass its 2019 weekly close record, with analysts last earlier hoping the rest of the week would not see any downward …

Sunday, Aug. 11 — It is a largely green picture across the top-20 cryptocurrencies. While Bitcoin (BTC) has remained flat overall, altcoins have enjoyed some sizeable gains, with some rising over 9% on the day Market visualization courtesy of Coin360 Bitcoin’s price was down a fraction at press time, losing 0.61% to trade at $11,352, according to Coin360­­. BTC’s value has tumbled by more than $500 in the past 24 hours — struggling to recover from a sudden $400 drop in the space of just five minutes on Saturday. Prices have remained relatively steady since then. Looking back at the …

Saturday, Aug. 10 — the top 20 cryptocurrencies are reporting largely reddish movement on the day, as Bitcoin (BTC) price saw a sudden dip earlier today. Market visualization courtesy of Coin360 Bitcoin’s price is currently down 4.62% on the day, trading at around $11,370 at press time, according to Coin360 after slipping from around $11,800 to $11,400 in a matter of minutes between 7:30 a.m. and 7:45 a.m. Coordinated Universal Time. Looking at its weekly chart, BTC is up by about 5.5%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by …

Friday, Aug. 9 — Bitcoin (BTC), Ether (ETH) and XRP are slumping along with the rest of a largely red cryptocurrency market. Market visualization. Source: Coin360 Bitcoin is trading at $11,910 at press time, with approximately a 1.16% loss on the day. Bicoin has broken $12,000 three times this week, but has lost traction at or above that price point. Nonetheless, some BTC bulls are saying that the current market conditions indicate only a temporary setback for its inevitable surge beyond the previous all-time high. Serial VC investor Tim Draper commented: “I thought there would be many more competitors at …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Vertical moves are unsustainable in the long run. Hence, it is always better if there are consolidations in between because those levels act as a floor during corrections. Tim Draper believes that the consolidation might delay Bitcoin’s eventual rally, but he remains steadfast in his target of $250,000. Nicholas Gregory, CEO of blockchain firm …