Albert Libenzon

This week is the last of January. We can summarize that this month Bitcoin lost $50 but Bitcoin has a lot of potential for growth.

At the time of the release of macroeconomic data the Euro positions may straighten and place pressure on Dollar, which will fractionally strengthen Bitcoin.

Today during the Asian session Bitcoin price dropped sharply because of yesterday's decision of the Federal Reserve on interest rates.

On Tuesday, the price of oil fell, which affected the Asian stock markets immediately. But Bitcoin is moving in a sideways trend.

The strengthening of the US Dollar, which would put pressure on Bitcoin. We assume the price movement will be within a range of $380 - $405

Positive data on the US economy will strengthen the Dollar and have a negative impact on the price of Bitcoin.

Last week Asian markets have once again resulted in another fall in world markets but Bitcoin price increased.

Today during the Asian trading session Bitcoin dropped to $400, which can be regarded as a technical rebound after the recent price rally.

Bitcoin price increased again, thanks to a fall on the stock markets. This once again proves investors' trust in Bitcoin in times of crisis.

Now, four days after a significant decline, Bitcoin trading remains in a sideways trend. We decided to question the experts if we should expect a further decline?

Yesterday Bitcoin’s price was holding steady as there were no releases of any news that could affect the price of Bitcoin and sellers were unable to lower the price of Bitcoin.

Panic caused by the action of Mike Hearn did not last long. It is obvious that the current situation with the price of Bitcoin will gradually level off.

Mike Hearn’s statement on the Bitcoin crisis is not enough to halt the era of Bitcoin. BTC has much more potential for growth and investor confidence.

January 15, 2016, during the Asian trading session Bitcoin dropped sharply to $417 and then jumped to $420.

Latest GDP data in Germany may support the Euro and weaken the US Dollar. This factor may also have an indirect effect on the price of Bitcoin.

The price of Bitcoin follows the path of least resistance – sellers will try to bring the situation under control and to lower the price to $420.

Bitcoin is now in a stable upward trend and has no reasons for a substantial price reduction.

All eyes on the influence of Asian trading on the Bitcoin price fluctuations.

At the beginning of the week Bitcoin started with a price of $430 and remained around this level until the 7th January.

The Bitcoin price has overcome the level of $450 and reached a top of $460 recently.

During today's Asian session Bitcoin has risen sharply to $447.

The price has reached a top of $433, thus forming an ascending triangle. But there was not enough effort to move up.

Currently the level of resistance is about $430 and buyers can not overcome this level. However, sellers can not seize the initiative at the moment either.

The year 2015 has ended and investors can now calculate the result of their investment activities. What has Bitcoin brought to us last year?

Both Bitcoin traders attention on the market is focused on the price. This is a defining factor that empowers traders to buy or sell Bitcoins.

Yesterday 30.12.2015 the price of Bitcoin closed at $ 425. Recall that at the beginning of the year the price of Bitcoin was $ 313.

Bitcoin price analysis by Albert Libenzon: investors are cautious and waiting for better conditions to make deals.

Lack of news and the calm actions of investors made yesterday a quiet day in the market. But there are no further declines and the price has found a strong position very quickly.

This week is the last of the year. As we warned, the market players began to take profits, however, investors believe in the future of Bitcoin

Over the past week, Bitcoin’s price showed us a mixed trend and movements. Will the price of $450 hold to the end of the year?