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Bitcoin (BTC) Price Analysis: Can Sellers Gain More Momentum?

Bitcoin might be in for further declines as it hovers around the bottom of the descending channel on the 4-hour chart. A larger bounce could still take it up to the Fib levels nearby. However, the 100 SMA recently crossed below the longer-term 200 SMA to confirm that the path of least resistance is to […] The post Bitcoin (BTC) Price Analysis: Can Sellers Gain More Momentum? appeared first on Ethereum World News. дальше »

2019-1-17 05:23


Bitcoin (BTC) Price Analysis: Time for a Pullback… Again!

Bitcoin recently broke below a short-term rising trend line to signal that a reversal might be underway. Price has found support at the $3,600 area, though, and a pullback is taking place. The 100 SMA is still below the longer-term 200 SMA on this 1-hour time frame, indicating that the path of least resistance is […] The post Bitcoin (BTC) Price Analysis: Time for a Pullback… Again! appeared first on Ethereum World News. дальше »

2019-1-15 04:11


Bitcoin (BTC) Daily Price Forecast – January 11

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,600, $3,500, $3, 400 Yesterday, January 10, the price of Bitcoin was in the bullish trend zone. The BTC price fell yesterday because the price of Bitcoin failed to break the $4,200 price level. In addition, the bears broke below the 12-day EMA , […] дальше »

2019-1-11 08:36


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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. дальше »

2019-1-4 02:22


Bitcoin (BTC) Daily Price Forecast – December 14

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,200, $3,100, $3,000 Yesterday, December 13, the price of Bitcoin was in a bearish trend. We had earlier suggested that if price broke the $3,400 price level, the price of Bitcoin would resume its downtrend. The $3,400 price level has been broken and the […] дальше »

2018-12-14 08:26