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Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming?

Bitcoin price started a downside correction after a sharp move towards $3,750 against the US Dollar. The price corrected lower and tested the $3,540-3,530 support area, where buyers emerged. Later, there was a break above a key bullish flag with resistance near $3,570 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »

2019-2-17 09:00


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


LocalBitcoins Data Shows 23 Countries Hit All-Time High in Bitcoin Trading Volume at the Bottom of Bear Market

According to the latest analysis of the LocalBitcoins (LBC), a peer-to-peer Bitcoin trading platform, Bitcoin utility around the world is hitting new heights. The author Matt Ahlborg details that exclusive fiat-to-crypto platform, LBC is a costly one as trades on this platform occurs “at an average of 4.5% over the USD equivalent spot price globally.” […] дальше »

2019-2-13 01:35


Bitcoin Bear Market Will Become a Bullish One In 2019, Fundstrat Global Advisors’ Researcher

Bitcoin’s tendency will change from bearish to bullish during 2019, at least that is what Thomas Lee, the famous Bitcoin bull who is the Head of Research at Fundstrat Global Advisors, is saying. According to him, the technical analysis of the company shows that the market will shift during 2019. Thomas Lee is not alone. […] дальше »

2019-2-12 02:37


Bitcoin Price Analysis: BTC Surges to $3,802, Creating Fresh February Highs — Can the Bulls Maintain the Momentum?

Support for BTC moving forward: $3,664, $3,590, $3,569, $3,508, $3,467, $3,421, $3,350. Resistance for BTC moving forward: $3,570, $3,802,… The post Bitcoin Price Analysis: BTC Surges to $3,802, Creating Fresh February Highs — Can the Bulls Maintain the Momentum? appeared first on Invest In Blockchain. дальше »

2019-2-11 11:33


Bitcoin Weekly Price Analysis: BTC/USD Recovery Spark in Store as Crypto Market Starts to Heat Up

General Market Overview Market Cap: $121,807,021,428 • 24h Vol: $24,759,467,157 • BTC Dominance: 52.9% From Monday when the evaluation of the cryptocurrency market cap has been around $113,5 billion and has mostly hovered around those levels until Wednesday when it fell to the horizontal support at around $111,5 billion. As the evaluation interacted with the […] дальше »

2019-2-9 21:45