2024-9-20 12:33 |
Bitcoin might hit lower high, which will eliminate all chances for reversal
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Bitcoin has faced a slight reversal since the highs of $11,750 set a number of days ago. The coin currently trades for $11,350 as of this article’s writing, 3. 4% below the highs. Analysts remain optimistic despite the price reversal.
2020-10-18 02:34 | |
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While Bitcoin remains up in 2019, outperforming effectively all other assets except for altcoins and Tesla, market participants have been scared by the recent reversal. In fact, one popular cryptocurrency trader, who called the bearish reversal quite well over the past few days, has warned that the macro BTC bottom might not have been established at $6,400 in December.
2020-2-27 19:59 | |
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Bitcoin is looking to undergo a strong price reversal to the upside, according to technical analyst Crypto Cred. The prominent crypto trader theorized his bullish sentiment based on a so-called “BTC Reversal Pattern Structure.
2019-12-19 16:50 | |
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Bitcoin is bouncing off support at the bottom of its descending channel on the 1-hour time frame and a small reversal pattern is also forming. An inverse head and shoulders can be seen and a break above the neckline could confirm that a rally is in the works.
2019-1-18 06:00 | |
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Bitcoin might be done with its selloff as it could form a double bottom reversal pattern on its daily chart. The post Bitcoin (BTC) Price Analysis: Long-Term Reversal Signal? appeared first on Ethereum World News.
2018-8-28 07:36 | |
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On a second look, there is a low level altcoin loss reversal in the making. Prices are in the red but with a five percent gain in Bitcoin over the same period, we might see higher highs in EOS, Litecoin, Monero, Stellar and Cardano (ADA) today if not for the rest of the week.
2018-8-27 03:13 | |
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Ethereum (ETH) appears to have reached the full extent of its correction against Bitcoin (BTC). The above daily chart for ETH/BTC shows that the price has been trading in a falling wedge since the month of June and has now reached the end of it.
2018-8-27 23:00 | |
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Bitcoin (BTC) is about to complete a 69. 81% correction just as it did back in October 2014. What remains to be seen now is whether Bitcoin (BTC) will follow the exact same pattern as in 2014 or trade differently.
2018-8-26 18:30 | |
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Bitcoin Price Key Highlights Bitcoin price recently broke above an inverse head and shoulders neckline to signal that an uptrend is underway. However, the SEC decision to reject a number of bitcoin ETF applications led to a sharp drop.
2018-8-24 06:58 | |
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The massive Bitcoin selloff that has characterized most of the market in 2018 might soon be at an end based on the data from a technical indicator. If correct, the top-ranked cryptocurrency may experience a substantial price rally in the last quarter of the year.
2018-8-24 19:10 | |
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Technicals suggest price is currently sitting on support and setting up for a bullish trend reversal in the short term. High timeframes continue to suggest an active bear trend with the potential for an ongoing eight-month Wyckoff accumulation phase.
2018-8-20 18:25 | |
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BCH/USD Medium-term Trend: Ranging Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH continues in the range in the medium-term outlook. The bulls lost momentum in the supply area after pushing the coin up to $539.
2018-8-17 09:13 | |
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Bitcoin Price Key Highlights Bitcoin price appears to be forming an inverse head and shoulders pattern on its 1-hour time frame. This is considered a classic reversal signal and if confirmed, price could pull up from its earlier drop.
2018-8-17 07:36 | |
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A move past a key resistance at $6,675 would confirm a short-term bearish-to-bullish trend change in bitcoin.
2018-8-16 14:00 | |
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In two short weeks, ETHUSD has devalued by 50% of its market value. With little to no relief for the underwater bulls, ether seems to be accelerating downward as buyer confidence is lacking and showing signs of capitulation.
2018-8-15 01:10 | |
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Bitcoin Price Key Highlights Bitcoin price continues to trend lower as it hit a roadblock at the top of its descending channel. Price could be setting its sights back on the support from here and the Fib extension tool shows the next support zones.
2018-8-10 08:13 | |
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Bitcoin’s bullish reversal appears to be in peril as bears unexpectedly rocked up and grabbed the bull by the horns. Is today’s pullback caused by current events or are fundamentals impacting Bitcoin price? Weekly Chart 4 Hour Chart Running bulls appear to be halted by bears as a lower high was notched on the weekly chart.
2018-8-1 08:00 | |
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To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate.
2018-7-31 21:27 | |
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Decisions by the U.S. Securities and Exchange Commission (SEC) appear to have put a temporary damper on the current Bitcoin rally. Does the quick recovery to $8,250 mean the bull reversal is still intact? Market Overview BTC dipped to $7,900 on the recent denial of the Winklevoss brothers Bitcoin ETF application, and the postponement of Direxion BTC ETF decision by the SEC, but it’s clear that current events were not the sole factor for this Read More The post Bitcoin Price Analysis: How Many Days Can We Trade Sideways? appeared first on Bitcoinist.com.
2018-7-29 14:00 | |
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Google just nixed any app that mines cryptocurrencies from its Play Store. With a recent update to the store’s policies, the tech monolith rewrote its stance on cryptocurrency apps.
2018-7-27 20:33 | |
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After a multi-month bear market, Bitcoin might be seeing a trend reversal. On July 23, 2018, Bitcoin prices broke resistance at two-month highs and added $18 billion to its market cap in under a week.
2018-7-24 14:00 | |
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Nothing in this article is to be construed as investment advice. Neither the author nor the publication assumes any responsibility or liability for any investments, profits, or losses you may incur as a result of this information.
2018-7-24 21:23 | |
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At last some excitement! Yesterday Bitcoin leapt nearly 12% in 24 hours but what’s behind the rally? Could it be the BlackRock and Coinbase news or is it purely fundamental? Market Overview What a rollercoaster ride! Earlier this week Financial News London reported that the world’s largest ETF provider, BlackRock, had cast its gaze to Bitcoin and other cryptocurrencies as potential investments but before the news even had the opportunity to impact cryptocurrency prices, BlackRock CEO, Read More The post Bitcoin Price Analysis: Is this a Bullish Reversal or the Puppet Master at Play? appeared first on Bitcoinist.com.
2018-7-20 05:00 | |
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Ethereum traders were feeling the pressure July 18 after average transaction fees on its network surpassed Bitcoin’s for the first time in history. Ethereum ‘Benefited From Irrational Exuberance’ Data from monitoring resource Coin Metrics uploaded to Twitter Monday confirmed the unexpected reversal of fees, which compound an apparent lack of confidence in Ethereum’s outlook this week.
2018-7-18 21:00 | |
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IOTA (MIOTA) continues to trade in a downtrend. The price has once again met heavy resistance after a recent Bitcoin (BTC) induced pump. The price received a significant boost but resistance at the downtrend line for IOTA/USD made it clear that the price is not in the clear yet and further downside is likely.
2018-7-18 18:00 | |
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Bitcoin Cash Price Key Highlights Bitcoin Cash also formed a double bottom reversal pattern and appears to be inching past the neckline. In that case, this could confirm that bulls are back in the game and ready to take price much higher from here.
2018-7-18 07:28 | |
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In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom).
2018-7-18 01:36 | |
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Following a multi-month downtrend, the overall cryptocurrency market may be showing signs of a trend reversal. At press time, Bitcoin and Ethereum prices have broken through key resistance levels and begun recovering from monthly lows.
2018-7-18 01:10 | |
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BTC found acceptance above the 50-day moving average support on Monday, however, a bull reversal is still not confirmed.
2018-7-17 13:00 | |
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Bitcoin Price Key Highlights Bitcoin price has completed its inverse head and shoulders reversal pattern and is now awaiting confirmation. Price is testing the neckline at $6,800 and an upside break could spur a $1,000 climb.
2018-7-17 07:21 | |
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The leading cryptocurrency remained bid over the weekend as expected, courtesy of Thursday’s strong reversal from the two-week lows. However, so far, the break above $6,400 has remained elusive, likely due to low investor interest.
2018-7-16 16:16 | |
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Bitcoin is solidly bid at six-week highs and could soon witness a short-term bearish-to-bullish trend change.
2018-7-16 12:00 | |
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Bitcoin (BTC) could soon test $6,400, having seen a high-volume reversal from the two-week lows hit yesterday.
2018-7-13 13:59 | |
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Bitcoin (BTC) could soon test $6,400, having seen a high-volume reversal from the two-week lows hit yesterday.
2018-7-13 13:59 | |
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All is not lost for the bulls as BTC could create a major bullish reversal pattern over the next few days.
2018-7-11 14:00 | |
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BCH/USD Medium-term Trend: Bearish Supply zones: $1000, $1050, $1100 Demand zones: $600, $550, $500 Bitcoin Cash is in a bearish trend in the medium term outlook. The bears continue the journey south as bullish upward rejection was seen at $700.
2018-7-11 10:25 | |
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After a feeble rally on diminishing volume, bitcoin is currently in the middle of its first major pullback in about 2 weeks. Over the last week or so, bitcoin managed to break its sustained downtrend and trend back inside the macro trading range (TR) — both of which are quite bullish market characteristics.
2018-7-11 00:21 | |
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Still in a prevailing bear market, cryptocurrency volatility has investors wondering whether a trend reversal is imminent. Co-founder at Fundstrat Global Advisors, Tom Lee confirmed his Bitcoin price prediction of $25,000 by end-of-year on July 5, 2018.
2018-7-7 14:00 | |
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Cryptocurrency markets are doing better this week since our last markets update as the entire digital asset economy is now valued at around $270. 4Bn. Most digital currencies are up between 7-25 percent over the last seven days and trade volumes have picked up over the last week as well.
2018-7-7 00:15 | |
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Bitcoin (BTC) continues to demonstrate weakness as the volume is at its lowest since the beginning of the year and interest is fading away. Search engine volume for Bitcoin (BTC) has fallen back to its lowest.
2018-7-6 17:00 | |
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Bitcoin Price Key Highlights Bitcoin price is still stalling on its potential reversal as it tests another area of interest. A new reversal pattern that could turn out to be an inverse head and shoulders appears to be forming.
2018-7-6 08:44 | |
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BCH/USD Medium-term Trend: Ranging Supply zones: $1000, $1050, $1100 Demand zones: $600, $550, $500 Bitcoin Cash is ranging in the medium term outlook. The bullish pressure that pushed price up to $809.
2018-7-5 12:30 | |
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Bitcoin has recovered nearly 13% after scraping its knees on a new 2018 low, but is the current uptick in momentum just a relief rally or the makings of a bullish reversal? The general outlook for Bitcoin remains overwhelmingly bearish as the cryptocurrency is roughly 70% down from it’s all-time-high and most long-term indicators remain
2018-7-4 18:14 | |
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Bitcoin has recovered nearly 13% after scraping its knees on a new 2018 low, but is the current uptick in momentum just a relief rally or the makings of a bullish reversal? Market Overview After scraping the bottom of the barrel last week, Bitcoin appears to have mustered enough short-term momentum to attempt a bull reversal but, at the time of this writing, this is yet to be determined.
2018-7-4 10:00 | |
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Разработчик проекта LedgerX Брайан Бишоп (Brian Bishop) во время конференции Building on Bitcoin 2018 в Лиссабоне раскрыл “тревожные ключи” биткоина, которыми называют приватные ключи Сатоши Накамото к сигнальной системе сети ведущей криптовалюты.
2018-7-3 22:24 | |
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BCH/USD Medium-term Trend: Bullish Supply zones: $1000, $1050, $1100 Demand zones: $600, $550, $500 Bitcoin Cash resumes in bullish trend in the medium term. The bearish pressure became weak as price was down to $720.
2018-7-3 11:33 | |
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Having bounced back over the weekend, bitcoin needs to clear the falling channel resistance before claiming a short-term bullish reversal.
2018-7-2 13:00 | |
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Bitcoin Price Key Highlights Bitcoin price staged a rally sharp enough to break past the falling trend line on the 4-hour chart. In addition, a small double bottom has formed on this same time frame to signal that an uptrend is underway.
2018-7-2 06:55 | |
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Facebook has reversed its blanket ban on cryptocurrency ads and will now allow pre-approved crypto businesses to advertise. However, ICOs and binary options will still be prohibited from the platform.
2018-6-29 03:24 | |
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