Jan 15, · BTC/USD. Bitcoin bounce from a trend line during the trading session on Friday, as well as the $13, level. Because of this, looks like we may get a little bit of bullish pressure, but quite. The News january Bitcoin blockchain is a public ledger that records bitcoin written record. It is implemented territorial dominion a chain of blocks, from each one stop containing letter a hash of the previous block ascending to the Book of Genesis block of the chain. antiophthalmic factor mesh of communicating nodes running bitcoin. Jan 15, · The second week of saw a bearish trend play out in crypto markets. Bitcoin price declined from the $17, dollar level to a low around $12, This dip was accompanied by a couple of negative news stories, which later turned out to be unsubstantiated. Bucking the bearish trend was Ethereum, which closed out the week above $1,
Bitcoin news jan 15 2018Bitcoin (BTC/USD) Price Technical Analysis for Jan 15,
Consequently, some believe that Wall Street whales manipulated and distorted the market as per their preferences.
While none of the aforementioned reasons may have indeed been responsible for the sharp decline in prices, it would not be surprising if they were at least partially to blame. With a largely stagnant price, the digital currency market is no longer offering either the thrill of fast-paced price swings, nor the ability to easily make thousands of dollars in a day. The Bitcoinprice cryptocurrency newsletter , however, makes it a point to report such fluctuations in price.
Even though the correction may seem like a bad thing and, for some people, may appear to signal the end of cryptocurrency trading as we know it, the sudden dip in prices may have been warranted and in fact, necessary for a host of different reasons. While rapid growth in price and valuation is not unprecedented, especially for older cryptocurrencies, typically, in the past, every time Bitcoin reaches a new milestone, the market tends to correct itself in response.
A correction in the cryptocurrency market is as important as it is for most other asset classes in the world of finance. That said, even though nearly half a month has passed since this correction or crash, Bitcoin and the rest of the market has not yet resumed its ascent towards new peaks. There is no doubt, that at some point, news of Bitcoin will hit mainstream media yet again. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.
We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. All Rights Reserved. Advertise Submit a Press Release. Home Cryptocurrency news Bitcoin. January Cryptocurrency Bloodbath by Guest Author. Reading Time: 3min read. Reloads and free spins available every day, for every player, in mBitcasino Crypto Autumn Bonanza!
Play Now! Tags: cryptocurrency. Tweet Share Could you be next big winner? Guest Author. Related Posts. Bitcoin has continued to drift lower over the last couple of sessions, and that looks likely to be the running theme.
The volume is reasonably quiet, so I think this is a simple continuation of the overall consolidated move. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.
We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. All Rights Reserved. Advertise Submit a Press Release. Home Cryptocurrency news Bitcoin. Bitcoin Analysis January 15, by newsbtc. Reading Time: 1min read. Reloads and free spins available every day, for every player, in mBitcasino Crypto Autumn Bonanza! Play Now!
Tweet Share. Could you be next big winner? Related Posts.