Bitcoin Keeps Failing at This Key Price Hurdle

View A four-month falling trendline proved a tough nut to crack during the Asian trading hours and reversed bitcoin’s rise from $9,200 to $9,500. The outlook, however, would turn bearish only below the 200-day average support at $9,127. The pullback from $9,500 to $9,200 lacked volume support and could be short-lived. A high-volume UTC close […]

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Bitcoin Outshines Gold for First Time Since June

Bitcoin logged double-digit gains in October, outperforming gold for the first time since June. The world’s biggest cryptocurrency by market value ended last month with a gain of 10.26 percent, snapping a three-month losing streak, according to Bitstamp data. Meanwhile, gold gained just 2.74 percent in October, having dropped 3.17 percent in September – the […]

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