Bitcoin Forecast

Bitcoin had a wild week which started with its 4th best daily performance and a price surge of over 42%

Bitcoin has pulled back a bit during trading on Wednesday in relatively quiet action.

Bitcoin had exploded to the upside during the weekend trading as the Chinese President suggested that China was looking forward to exploring the block chain and touted the benefits of all things related to block chain.

Bitcoin: Bullish breakout holds above long-term trend line

Bitcoin has exploded to the upside of the weekend in thin trading as the Chinese President suggested that crypto currency was in fact a viable alternative for transactions.

Bitcoin had a very strong session on Friday as we headed into the weekend.

Bitcoin markets have done very little during the trading session on Thursday, as we hover around the $7450 level, and at the bottom of the huge red candle that made up the Wednesday session.

Bitcoin markets fell again during the trading session on Wednesday, as we continue to see a lot of negativity in the crypto markets.

Bitcoin markets have done very little of the last couple weeks, which is quite typical of Bitcoin for long periods of time.

Bearish momentum has been depleted since BTC/USD dropped below the 8K mark.

Bitcoin markets initially tried to rally a bit during the day on Friday but continue to see the 200 day EMA bring out sellers.

While Bitcoin has dragged down the overall cryptocurrency market, Ripple managed to outperform as solid fundamental overcame peer pressure.

Bitcoin has finally broken through the uptrend line and rolled over through the 200 day EMA.

Bitcoin initially tried to rally during the day on Tuesday but then broke down a bit again.

Bitcoin markets did very little during trading on Monday, but in all fairness it was Columbus Day in the United States.