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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

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. дальше »

2019-1-29 02:01


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Bitcoin Movements At A Twelve Month High

Even though its price has collapsed by nearly 70%, Bitcoin (BTC) is still growing, with transaction rates at an all-year high. Data collected by Blockchain.com indicate that the number of transactions added every second to the mempool – the holding area for crypto trades before they’re added to the ledger – have reached the highest level […] The post Bitcoin Movements At A Twelve Month High appeared first on Crypto Briefing. дальше »

2019-1-25 22:53