Coinhouse Blog: Archives of Past Articles

The crypto market at the dawn of a key movement for 2020

There’s a palpable impatience in the crypto market this week. Bitcoin has been trading below €8,900 ($10,000) since early May. The asset is trading around €8,600 ($9,700) on June 10, up just 1% over a week. It has maintained a medium-term uptrend since mid-March but has failed to reach significant market highs above the symbolic […]

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Bitcoin unable to break the $10,000 mark, can we remain bullish?

Mixed feelings on the crypto market this week. Bitcoin shows a 5.5% increase over the last seven days to around €8,500 ($9,500) on June 3rd. Ethereum performs even better with +15%. But the continuous rise that started last week, propelling Bitcoin above €9,100 ($10,000), came to a sudden halt in the afternoon of June 2, […]

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Bitcoin, a nice consolidation below $10,000

Although Bitcoin has fallen by around 6,3% over the last seven days, the price fluctuations observed in recent days are looking like a consolidation. Bitcoin is trading around €8,350 ($9,100) on May 27. Given the uptrend initiated since mid-March, the recent price action cannot be interpreted as a bearish reversal at this stage. The main […]

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A new bullrun on Bitcoin when the $10,000 mark will break?

A week of indecision in the crypto market. The price of Bitcoin, up 12% in a week, is nevertheless ranging between $9,000 and $10,000 to settle around €9,000 ($9,800) on May 20. The €9,200 ($10,000) resistance level is about to be tested for the third time in two weeks. The more the price consolidates under […]

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Will the Bitcoin price drop after the halving?

It’s done! The Bitcoin halving took place on Monday evening, May 11, with no particular effect on the chart right after. Two days earlier, Bitcoin was trading at $10,000, before dropping sharply to around $8,000. Following this event, the price moved sideways, trading around €8,300 ($9000) on May 13 and almost stable over a week. […]

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Bitcoin to reach $10,000 with the halving effect?

The price of Bitcoin has been breaking resistance on resistance for several weeks now and nothing seems to be able to stop the current uptrend. With another 19% increase over the last seven days, Bitcoin’s price is now at €8,500 ($9,200) on May 6. With the upcoming halving on May 11th, the mood on the […]

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Bitcoin over the $8000 mark, a make-or-break time

With the end of the month in sight and the halving of Bitcoin in about ten days, the next few weeks promise to be exciting in the crypto market. On April 23, Bitcoin broke a major resistance at €6,600 ($7,200). We had said that this would be a buy signal that would pave the way […]

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Bitcoin challenges the $7,200 key resistance

Patience is likely to be the best of virtues for the next few days on the cryptocurrency market. Bitcoin is still in a range between €6,050 and €6,600 ($6,600 and $7,200), offering reduced volatility. On April 22nd, Bitcoin gained 3.5% over the week to settle just above €6,400 ($7,000). Sellers have so far defended the […]

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Will Bitcoin’s halving trigger a new bull market?

Less volatile week on the crypto market. The price of Bitcoin is in a range between €6,050 and €6,600 ($6,600 and $7,200). For the past few days we have been observing a close battle between buyers and sellers. On April 15th Bitcoin was down 6% over a week, posting a price around $6,700. On the […]

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