After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?

After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?
фото показано с : cointelegraph.com

2019-11-22 22:21

A bottom may be close for Bitcoin following a steep drop to $7,000

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Bitcoin (BTC) на Currencies.ru

$ 98669.23 (+0.67%)
Объем 24H $105.956b
Изменеия 24h: 4.42 %, 7d: 11.59 %
Cегодня L: $97827.07 - H: $98728.53
Капитализация $1951.677b Rank 1
Цена в час новости $ 7242.76 (1262.32%)

close bottom bitcoin following steep drop may

close bottom → Результатов: 69


Lisk Price Analysis LSK / USD: Shock Therapy

Lisk has a bearish short-term outlook, with the cryptocurrency suffering a severe double-digit intraday decline The four-hour time frame shows that a bearish head and shoulders pattern is close to reaching its downside target The daily time frame shows that the LSK / USD pair is approaching the bottom of a broadening wedge pattern Lisk […] The post Lisk Price Analysis LSK / USD: Shock Therapy appeared first on Crypto Briefing.

2019-8-15 16:45


Bitcoin [BTC]: Vinny Lingham claims BTC is in ‘recovery phase since the $3,100 bottom’

Bitcoin [BTC]’s recent rally had caused a lot of people involved in the cryptocurrency space to speculate that the bear market had come to a close and that a new bull run was on the horizon. This sentiment received a blow when on May 16, the world’s largest cryptocurrency dropped by 20 percent from its […] The post Bitcoin [BTC]: Vinny Lingham claims BTC is in ‘recovery phase since the $3,100 bottom’ appeared first on AMBCrypto.

2019-5-17 11:30


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

2019-3-29 02:21


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above.

2019-2-26 02:42


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by.

2019-1-18 02:02


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.

2019-1-4 02:22


Prominent Analyst: Crypto “Very Close” To Finding Bitcoin (BTC) Bottom

Crypto Analyst: Bitcoin Cash Hard Fork, Regulatory Qualms Have Been Bearish Catalysts  Naeem Alsam, a crypto-friendly contributor to Forbes and the Chief Market Analyst at ThinkMarkets, recently sat down with CoinTelegraph in the outlet’s “Time To Buy Bitcoin [BTC]?” exclusive to discuss his opinions on the market, and where BTC could potentially bottom.

2018-12-4 07:00