Last week Bitcoin’s price dropped to $437, but on Monday it rose back to $447. As we see, the reaction of Bitcoin to the stock market crash is continuing. We asked more experts to comment on the situation with the price of Bitcoin during the latest stock market crisis. Mike Lorrey, the co-creator of cryptocurrency Galactic and cryptocurrency BitGold said: “A further key issue wrt BTC price is what’s happening in Chinese markets. The collapse of stock markets and halts to trading there will have two contravailing reactions: a) traders will seek to move assets into something more portable and …

As we expected, yesterday the Bitcoin price trend continued sideways at $430. 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. Market players are waiting and are in no hurry to open long or short positions. It seems that the price of Bitcoin should soon break upward to the range of $440 - $450. The reason for this is the beginning of the year, when investors try to form their investment portfolio. The US Dollar, Bitcoin's main competitor, is now under pressure because …

The exchange rates of Bitcoin vs. US. Dollar has been holding level between $440 - $460 a few days in a row. Positive macroeconomic indicators from the US and an increase in interest rates to 0.50% led to a strengthening of the Dollar. However, Bitcoin’s price was unharmed. Today, the release of another piece of important economic data is also expected. The Dollar relative to other currencies will be further strengthened, while Bitcoin should continue its sideways trend to about $440 - $470 and begin to grow to the levels of $480 and $490. We can see an increase in …