2019-6-3 14:00 |
Bitcoin could revisit sub-$8,000 levels in the short-term, as a longer-duration chart is flashing signs of bull exhaustion for the first time in 2019.
Similar to Notcoin - Blum - Airdrops In 2024
2019-6-3 14:00 |
Bitcoin could revisit sub-$8,000 levels in the short-term, as a longer-duration chart is flashing signs of bull exhaustion for the first time in 2019.
Similar to Notcoin - Blum - Airdrops In 2024
The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
2019-6-4 19:03 | |
Bitcoin could revisit sub-$8,000 levels in the short-term, as a longer-duration chart is flashing signs of bull exhaustion for the first time in 2019.
2019-6-4 14:00 | |
For the umpteenth weekend in a row, the cryptocurrency market has rallied. On Sunday morning, Bitcoin (BTC) shot up by some 3%, with the asset breaking past a short-term resistance level. Despite this occurrence, which most analysts see as a signal that the ball is clearly in the bulls’ court, there have been some that.
2019-6-2 21:00 | |
The bulls continued the domination of both the short and medium-term outlook. Buying at pullback area with bullish reversal candlesticks formation as entry confirmation may be considered. BSV/USD Medium-term Trend: Bullish Supply zones: $300, $400, $400 Demand zones: $100, $80, $60 BSVUSD continues in the uptrend in its medium-term outlook. Exhaustion of the bearish momentum […]
2019-5-30 09:45 | |
The bulls continue dominating both the short and medium-term outlook. Responsible buying at key areas may be considered. BSV/USD Medium-term Trend: Bullish Supply zones: $160, $180, $200 Demand zones: $50, $40, $30 BSVUSD is in the uptrend in its medium-term outlook.
2019-5-28 09:05 | |
Cryptocurrency prices have dipped slightly since our last markets update as most digital assets are down between 2-7% over the last 24 hours. Today, on May 23, the market capitalization of the entire cryptoconomy is around $237 billion and the daily global trade volume is roughly $77 billion.
2019-5-23 16:40 | |
The short and medium-term outlook is in a downtrend. Responsible selling at bullish exhaustion areas may be considered BCH/USD Medium-term Trend: Bearish Supply zones: $500, $600, $700 Demand zones: $100, $50, $30 BCHUSD outlook in the medium-term is in a bearish trend.
2019-5-17 08:50 | |
Bitcoin is facing a price correction to well below $8,000, as exhaustion leaves the bulls unable to hold onto fresh 10-month highs hit earlier today.
2019-5-16 13:45 | |
With bitcoin's rally showing signs of exhaustion above $8,000, investors have started pouring money into relatively cheap alternatives.
2019-5-16 14:12 | |
The short and medium-term outlook remains in a bearish trend. Traders may consider selling at bullish exhaustion area with bearish reversal candlestick as confirmation. BCH/USD Medium-term Trend: Bearish Supply zones: $300, $400, $500 Demand zones: $100, $50, $30 BCHUSD outlook in the medium-term is in a bearish trend. The bears kept the market under control […]
2019-4-29 08:27 | |
Bitcoin is showing signs of exhaustion on the short-duration technical charts, but a pullback has been elusive – so far.
2019-4-19 14:00 | |
The short-term is in bearish trend while the medium-term is ranging. Traders should be patient trading the consolidation. BSV/USD Medium-term Trend: Ranging Supply zones: $90, $100, $120 Demand zones: $50, $40, $30 BSVUSD remains in a range-bound market in its medium-term outlook.
2019-4-2 13:19 | |
Chart signals of bullish exhaustion suggest bitcoin's narrowing trading range could soon be breached to the downside.
2019-3-25 14:00 | |
A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s.
2019-3-23 01:23 | |
Bitcoin is showing signs of buyer exhaustion and could see a minor pullback unless resistance at $4,000 is scaled soon.
2019-3-19 14:00 | |
Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.
2019-3-19 01:17 | |
Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.
2019-3-16 01:56 | |
Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half.
2019-3-13 22:26 | |
The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant.
2019-2-23 02:23 | |
BSV/USD Medium-term Trend: Ranging Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD continues in a range-bound market in its medium-term outlook. The bears managed a drop of the cryptocurrency to $60.
2019-2-18 08:33 | |
Identifying speculative bubbles or bearish exhaustion may be possible through the use of a fairly new metric known as the Mayer Multiple.
2019-2-17 13:00 | |
After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December.
2019-1-29 02:01 | |
“The point is to get people to think about bitcoin, not spend it. I don’t think it’s good for that. It’s not meant to be used like cash,” Jeremy Gardner, founder of Ausum Ventures, advised me.
2019-1-15 17:50 | |
BSV/USD Medium-term Trend: Bearish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD continues in a bearish trend in its medium-term outlook. The pullback by the bulls came to an end after the cryptocurrency was up at $89.
2018-12-13 09:03 | |
Bitcoin is still in selloff mode but there are more signs of bullish exhaustion on the daily time frame. For one, RSI and stochastic have indicated oversold conditions and are starting to turn higher to reflect the return of bullish pressure.
2018-12-12 08:10 | |
BSV/USD Medium-term Trend: Ranging Supply zones: $150, $200, $250 Demand zones: $60, $50, $40 BSVUSD remains in a range-bound market in its medium-term outlook. The formation of an inverted hammer at $110.
2018-12-10 13:36 | |
While the bitcoin market is still predominantly bearish, seller exhaustion near $3,500 may be paving the way to stronger corrective bounce.
2018-11-28 14:20 | |
BCH/USD Medium-term Trend: Bearish Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH is in a bearish trend in its medium-term outlook. The bullish pressure pushed BCHUSD to a new high at $646.
2018-11-8 07:55 | |
BCH/USD Medium-term Trend: Bearish Supply zones: $700, $800, $900 Demand zones: $300, $200, $100 BCH is in a bearish trend in its medium-term outlook. Yesterday larger bearish engulfing 4-hour opening candle at $570.
2018-11-6 08:11 | |
BCH/USD Medium-term Trend: Ranging Supply zones: $600, $700, $800 Demand zones: $300, $200, $100 BCH is in consolidation in its medium-term outlook. The bulls upward price movement was nullified at $479.
2018-10-17 10:12 | |
For several weeks, bitcoin has remained in a consolidating uptrend. The market hasn’t seen a new high since mid-September, but the lows have steadily gained higher and higher ground.
2018-10-10 01:26 | |
Bitcoin Price Key Highlights Bitcoin price looks ready to confirm its double bottom reversal formation as it tests the neckline. A break higher could lead to a rally that’s the same height as the chart formation, which spans $6,100 to $6,650.
2018-9-21 07:16 | |
Bitcoin could be in for a minor price pullback as the short-duration charts are flashing signs of bullish exhaustion.
2018-9-3 14:00 | |
The technical charts continue to call a rally to $7K despite bitcoin showing signs of exhaustion around $6,500.
2018-8-17 14:00 | |
At the time of this article, the news from the Winklevoss ETF being denied by the SEC is still fresh and it is unclear what impact it may have on the overall macro trend of the market.
2018-7-27 00:57 | |
The leading cryptocurrency looked vulnerable to a pullback 24 hours ago, courtesy of the signs of bullish exhaustion near key resistance of $6,800. It is worth noting that the short-term moving average is still biased to the bulls (rising).
2018-7-10 17:14 | |
BTC is showing signs of exhaustion near a key resistance zone, still, the short-term outlook remains bullish.
2018-7-9 14:00 | |
BTC is showing signs of exhaustion near a key resistance zone, still, the short-term outlook remains bullish.
2018-7-9 14:00 | |
Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion. Yet, the leading cryptocurrency did
2018-6-18 16:44 | |
Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion. Yet, the leading cryptocurrency did
2018-6-18 14:42 | |