Bitcoin Station Cryptocurrency Blog

Bitcoin Market At An Impasse As Price Is Stuck Around $10.6K
If you take a comprehensive look at the Bitcoin market at the moment, you will be greeted by uncertainty and indecisiveness. The reason for this is that there has been solid two-way business in the past 24 hours. Despite that, it is not complete doom and gloom for the...

Feds Cut Rates For First Time Since 2008 And Bitcoin Prices Increase
Summary The 4-hour chart appears more bullish and could result in Bitcoin going over $10,500 in the next day or so. To breathe life into the short-term bullish outlook, Bitcoin prices have to peak over $11,120. The rate cut recently posted by the U.S. Fed could be a...

More Trust Issues With Software Used For Building Bitcoins
At the core of bitcoin is the setting up, or "compiling" of the software and there is a level of trust needed in the process if you agree or not. However, an update in the code could make it more trustworthy. Guix, a featuring container program, was just integrated...

Bitcoin Experiences 24-Hour Rally That Keeps Market Bearish
Bitcoin’s rally has been steep during the last 24 hours, and the outlook is looking to stay bearish with prices holding just under the $11,080 resistance level. In a span of 40 minutes, the cryptocurrency rose from $9,200 to $10,400, which disputed the possibility of...

Bitcoin Rallies 85 Percent To Erase Losses
Bitcoin Rallies 85 Percent To Erase Losses Bitcoin (BTC, for short) has already created a bullish setup with its move upward of over $13,000. During the Asian trading hours, the cryptocurrency hit $13,154 – the highest seen since June 27. This increase has allowed the...

Price Correction Not Affecting Bitcoin’s 5-Month Gain Record
Although Bitcoin has seen a double-digit correction, the market is still looking to end positively for the fifth month in a row. The cost of one bitcoin dropped to $10,300, which is an increase of 55 percent from the June 4 hit of $7,432 and the June 26 hit of...

$12K Cryptocurrency May Be New Bullish Level
For Bitcoin to avoid the bearish market, it must break the $12,061 level. A look at the market value of cryptocurrency is currently trading at $11,200 – a drop of five percent or $1,000. This drop in price is inconsistent with the bullish outlook seen in numerous...
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