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Bitcoin Bulls Not Out of Woods, Wait For Break Above $7.5K

Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from... The post appeared first on NewsBTC. дальше »

2019-12-31 08:30


Bitcoin Chart Printed This Bullish Signal As Price Retook $7,400

Since plunging to $6,400 around December 18th and rocketing back to $7,000 the day later, Bitcoin has stalled, flatlining in the low-$7,000s as the market remains largely directionless. Related Reading: Why the Bitcoin’s Bearish MACD Cross May Not Plunge Price But on Saturday, BTC started to show that it had room to run, with the... The post appeared first on NewsBTC. дальше »

2019-12-30 22:32


Sorry Bulls, Bitcoin Indicator That Called 50% Decline Still Flashing “Sell”

Since Bitcoin (BTC) bounced cleanly off the macro $6,400 support earlier this month, analysts have been wondering if the pain is over for the cryptocurrency market. According to two key trend indicators, which predicted previous bear markets and bull markets, the medium-term to long-term trend remains bearish, unfortunately enough. дальше »

2019-12-26 00:00


Ren Price Analysis REN / BTC: Potential Rise

Ren has a bullish short-term bias against Bitcoin, with the cryptocurrency trading well above its 200-period moving average on the four-hour time frame The four-hour time frame shows that bulls are working hard to invalidate a bearish head and shoulders pattern The daily time frame continues to show that a major technical breakout is underway […] The post Ren Price Analysis REN / BTC: Potential Rise appeared first on Crypto Briefing. дальше »

2019-8-5 18:20


GXChain Price Analysis GXC / BTC: Baiting The Bulls

GXChain has a bullish short-term bias against Bitcoin, with the GXC / BTC pair breaking above key resistance The four-hour time frame is showing that a bullish inverted head and shoulders pattern is forming A bearish head and shoulders pattern continues to take shape on the daily time frame Fundamental Analysis GXChain has gained bullish […] The post GXChain Price Analysis GXC / BTC: Baiting The Bulls appeared first on Crypto Briefing. дальше »

2019-8-1 16:10