Bitcoin Might Rally to $42,000 If This Rare Bottoming Pattern Validates

2024-1-25 19:02

Bitcoin faces critical test if chart bottoming signal is confirmed

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bitcoin bottoming test critical faces chart signal

bitcoin bottoming → Результатов: 126


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market.

2018-11-30 01:45


Bitcoin Bottoming Under $3,000 BTC/USD? Does Institutional Interest Hold Any Weight For Bull Run Return?

While we can easily associate 2018 with seeing one of the biggest bearish downturns for cryptocurrency, the latest drop has been both drastic and unprecedented. So far, it has seen a large percentage of altcoins trading at or below 90% of their value compared to their previous highs. The likes of Bitcoin are not exempt […]

2018-11-26 15:53


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Bitcoin’s Recent Stability Could Be Sign That the Token Is Close to Bottoming Says Crypto Expert

Since January’s plunge, crypto investors have been looking for signs of the market’s predicted rally this year. While the market is yet to recover its losses, a crypto expert is now saying that the end of the bear market could be at hand as Bitcoin, as well as the rest of the crypto market, might […] Bitcoin’s Recent Stability Could Be Sign That the Token Is Close to Bottoming Says Crypto Expert was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-10-10 13:49


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Halve The Reward, Halve The Price? New Chart Forecasts $3K BTC By 2020

Bitcoin price (BTC) could continue dropping for the next two years, a new forecast which takes into account the possible effect of the next block reward halving has revealed. The Halving Factor To Hit Bitcoin? Uploaded to Twitter August 13, the chart, which “factors in” Bitcoin’s third halving in May 2020 suppressing prices, shows BTC/USD ‘bottoming’ at $3000 just before the event.

2018-8-18 19:00


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Ethereum Price Analysis – Plus NEO, EOS, ADA, XRP

As prominent economists sound the death knell for cryptocurrencies and technical analysts label the current events as part of the bottoming process, investors have one question in mind. Are cryptocurrencies nearly prepped for a turnaround or is this the next leg down in a 7-month bear market? Market Overview Cryptocurrencies continue to waver and fumble as a few prominent world economists forecast that governments will regulate bitcoin to death.

2018-7-11 07:00


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4 Signs That Bitcoin is Bottoming, According to Brian Kelly

Everyone still wants to know whether or not Bitcoin has bottomed, and cryptocurrency trader Brian Kelly believes that process is underway — citing four main reasons.   Price Action and Mining Costs Brian Kelly appeared on CNBC’s “Fast Money” to share his opinions on the first and foremost cryptocurrency’s current price action, while also explaining that there are good reasons to believe that Bitcoin is finding its bottom — the first being it’s most recent price action.

2018-6-26 18:00


Bitcoin Price Near Bottom as ‘Selling Has Become Exhausted,’ Says Market Strategist

Bitcoin’s decrease in volatility may signal that the bottoming process has already begun — but it may still have a way to fall. ‘A Bottoming Process Can Begin’ While everyone and their grandmother know about Bitcoin’s dramatic decrease in value following exorbitant prices in December 2017, many investors and traders in the first and foremost cryptocurrency are less aware of its decreased volatility.

2018-6-20 17:00