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Currencies BitCoin

Bitcoin’s Range Continues to Shrink Ahead of Auction Results

Bitcoin’s daily range continues to narrow. After yesterday’s $8.35 dollars, today the range dropped to a mere $5 dollars. After opening at $368.24, prices dropped to a daily low of $365.61. But the fall was quickly negated by a rally that took prices to $370.99 in the next few hours. For the rest of the […]

Bitcoin Daily Range Drops to $8 Dollars

Bitcoin is continuing to trade in a tight range. After opening the day at $370.87 prices fell to a daily low of $364 flat. As you can probably guess, the lows got bought up and in the next few hours BTC/USD was back above the $370 mark. We are currently quoted at $368.50 on BTC-E, […]

Bitcoin Slightly Up, Tim Draper Outbid On All But 2,000 BTC

Bitcoin is trading slightly up today. After opening the day at $364.50, BTC fell to a low of $360.44, only to rally back up in the late part of today’s session. We are currently trading right above the $370 mark on BTC-E. This compares to $376 on BitStamp and $378 on OKCoin. The chart below […]

Bitcoin Auction Attracts Less Bidders, Pantera Aims Below Market

Ten hours after the close of the second bitcoin auction, prices are trading more or less unchanged. This is despite two reports earlier in the session that indicate a negative auction outcome. After opening at $364.50 BTC fell to a low of $360.54. From here, we rallied $4 dollars back to the day’s open and […]

Bitcoin Trades Weaker as Second Auction Ends

Bitcoin is trading weaker on auction day. Prices opened at $370.62, from here we had a small move up to $373.98 but soon after BTC got sold and in the next few hours we hit a low of $362.56. We are currently trading just shy of the lows at $364 per coin on BTC-E. As […]

Bitcoin Pushing on $370, Citi Expects Bearish Auction

Another uneventful day in bitcoinland. After opening at $371.56 prices rallied to $382.31 and again, like clockwork, the highs got sold and few hours later BTC/USD was trading at a daily low of $367.99. We are currently trading slightly below the $370 mark on BTC-E. Prices are higher on OKCoin at $378 and BitStamp at […]

Bitcoin Continues to Trade in a Tight Range

Bitcoin is continuing to trade inside the tight range mentioned in our roundup yesterday. After opening the day at $377.64 on BTC-E, prices rallied $4 dollars to a daily high of $381.91. But in a predictable fashion, the highs got sold and few hours later BTC/USD was trading $9 dollars lower at $372.87. We are […]

Bitcoin in Another Range-Bound Trading Session

Bitcoin is trading in another range-bound session today. In a pattern we’ve been seeing a lot lately, the cryptocurrency first rallied $8 dollars to a daily high if $382.31 only to fall back down in the later part of the day. Prices closed at $377.32 on BTC-E, just $3 dollars higher compared to their open. […]

Bitcoin Flat in Slow Sunday Session

Bitcoin is trading mostly flat in a slow Sunday session. We opened at $371.56 on BTC-E. From here prices rallied to a daily high of $377.99 around mid-day. But soon after BTC/USD fall back down to the $370 mark. We are currently trading not far from the lows at $373 per coin on BTC-E, $374 […]

Bitcoin Metrics Point to Disappointing Black Friday

Bitcoin is trading slightly down today. Prices closed $4.66 dollars lower on BTC-E after a roller-coaster session. The initial buying bid up prices to $385.76, a gain of 2.5 percent but in the next few hours all the gains were reversed and BTC closed the day at $371.34. We are currently trading not far from […]

Bitcoin Stable, No Sign of Selling (Yet)

Bitcoin is trading stable on Black Friday. There is no sign of large scale selling (yet). After opening at $365.58, BTC/USD fell $11 dollars to a daily low of $354 flat. But prices didn’t stay low for long and soon bitcoin staged a large $21dollar rally that topped out at $375 per coin. We are […]

Bitcoin Trading Flat Ahead of Black Friday

Bitcoin is trading flat ahead of the ”Black Friday” event. After opening at $363.78, prices fell slightly to $361 per coin but BTC recovered soon after. In the next few hours, a high of $369.99 was reached. This is where most of the action stopped however and BTC/USD spent the rest of the day in […]

Bitcoin Trading Little Changed as Range Narrows

Bitcoin is trading little change today. Prices opened at $371 and after a very small move to $374 we fall back down to a low of $362. We are currently quoted just below the $365 mark at $364.80. Prices are higher on OKCoin at $369 and BitStamp at $367 per coin. Here’s a one hour […]

Bitcoin Down 1 Percent, Black Friday Deals Tomorrow

Bitcoin is trading down 1 percent today, after a mid-day reversal erased most of the gains from yesterday&today. After opening at $376.87, BTC/USD continued the rally, eventually hitting a high of $388.99. But prices didn’t stay high for long and one hour later BTC already lost 1.5%. As the day progressed, the losses continued and […]

Bitcoin Close to Reversing Auction Announcement Losses

The bullish bias cited in my roundup yesterday extended to a small rally today. The break of the $365-370 resistance lead to more gains toward $380 with prices hitting a high of $384.65 two hours ago. We are currently trading just below the highs at $381 per coin. As usual, prices are quoted slightly higher […]

Bitcoin Range Continues as Auction Draws Near

Bitcoin’s range around $350 continues for another day, although the last 24 hours showed a bullish bias. After opening at $354.10 prices fell to $348.42 only to rise back above the $350 mark one hour later. The rally took BTC/USD to a daily high $360.99, just shy of yesterday’s high at $362.13. We are currently […]

Bitcoin Undecided as Price Swings Around $350

Bitcoin is still trading undecided as prices continue to swing around the $350 figure. After opening at $348.10 bitcoin fell to a low of $345.15. From here, BTC rallied to hit $362 per coin. But the move up soon fizzled out and prices came back down near the $350 mark. We are currently trading at […]

Bitcoin Barely Changed, Two Price Catalysts Next Week

Bitcoin is trading barely changed after a brief excursion earlier in the day pushed prices below the $350 mark. The move encountered little resistance by buyers and soon BTC/USD was quoted at $339.66. Bitcoin rebounded from the lows and we are currently trading at $352.22, just $2 dollars below the daily open on BTC-E. As […]

Bitcoin Nears Crucial Support at $350

Bitcoin is trading close to the crucial support area at $350 today. The break of $365 earlier in the day lead to quick losses to $353 per coin. We are currently quoted at $357.98 on BTC-E, compared to $360 on OKCoin and $361 on BitStamp. Here’s a 1 hour chart of the last few days […]

Bitcoin Flat After Midday Reversal

Bitcoin is trading flat after a midday reversal sapped the strength of the morning rally. After opening at $373.19, BTC/USD had a short-lived spike to $368 but soon after a rally took prices to a daily high of $386.34. From here however, the reversal brought bitcoin back down to $374 per coin on BTC-E. As […]