Bitcoin BTC price going up

The Bitcoin price has risen 30 percent since the beginning of the year and, according to analysts, there’s a clear connection with the growing price and the corona virus, writes Bloomberg. Several analysts speculate that the cryptocurrency may have become a new kind of safe haven for investors much like gold.  When the Chinese stock…

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Happy New Year

Happy New Year 2020

Happy New Year 2020 and lets hope for a good year for crypto currencies all over the world. During 2019 the BTC price had a nice development compared to the beginning of the year. The price closed 2019 above 7 000 USD, which is almost a 81% increase compared to the close of 2018. It’s…

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BTC/USD pushes higher

The main crypto currency Bitcoin (BTC) is pushing higher from it’s low and is supported by SMA 100 (orange line in the graph below) for a continued path up. On the upside, we will need to see a sustainable move above $9,800 with the intraday high located just above this handle. Once above, the price…

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