FxWirePro: BTC/EUR faces trend line support around 390, good to buy at dips
Dec 22, 2015 06:47 am UTC| Technicals Digital Currency
BTC/EUR has declined till 390 after making a high of 426.84 on Friday. It is currently trading around 400. On the higher side minor resistance is around 426 and break above targets 400/422/441. The pairs major...
FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Dec 22, 2015 06:26 am UTC| Technicals Digital Currency
The pair has made a high of $466 and declined till $425 from that level. It is currently trading around $438. Short term trend is still bullish as long as support $425 holds. Any close above major resistance $465...
Bitcoin Trading Volume Remains Muted In December
Dec 22, 2015 06:15 am UTC| Digital Currency
BTC/USD broke above the 500-mark for the first time in over a year on November 04. It has shown consistent upward move since November 11, when it hit a low of 294.00 levels. The trend seems to have reversed over the...
Understanding Tax Implications Of Bitcoin Transactions
Dec 22, 2015 04:52 am UTC| Digital Currency
Digital currencies such as bitcoin are taxable. The U.S. Internal Revenue Service (IRS) considers cryptocurrencies as capital assets similar to stocks and bonds and requires it to be accounted for at tax time. For...
FxWirePro: BTC/EUR faces strong support around 390, good to buy at dips
Dec 21, 2015 06:40 am UTC| Technicals Digital Currency
BTC/EUR has declined till 390 after making a high of 426.84 on Friday. It is currently trading around 400. On the higher side minor resistance is around 426 and break above targets 400/422/441. The pairs major...
FxWirePro: BTC/USD faces strong support around $425, good to buy at dips
Dec 21, 2015 06:17 am UTC| Technicals Digital Currency
The pair has made a high of $466 and declined from that level. It is currently trading around $438. Short term trend is still bullish as long as support $425 holds. Any close above major resistance $465 confirms...
BTC/EUR breaks major resistance 425, targets 510
Dec 18, 2015 07:21 am UTC| Technicals Digital Currency
BTC/EUR has broken major resistance 425 and this confirms minor bullishness, a jump till 455/510 cannot be ruled out The pairs major support is around 375 and break below targets 365/ minor support is around...