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Bitcoin SV Price Prediction: Long-term (BSV) Value Forecast – May 18

BSV/USD market has been slowly falling from a high point found below $80 mark. The bears may not be able to push southwards past its $50 immediate accumulation territory. BSV/USD Long-term Trend – Bearish Distribution territories: $90, $100, $110 Accumulation territories: $40, $30, $20 Bitcoin SV market had earlier pushed notably against the US dollar […] дальше »

2019-5-18 12:51


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


NEO Long-term Price Analysis – March 3

NEO/USD market has had a strong point below $12, therefore it needs to rebuild its strength from below once again. There has only been a range spot in this crypto-market as at present. NEO/USD Long-term Trend – Ranging Distribution territories: $12, $14, $16 Accumulation territories: $7, $6, $5 NEO/USD trade also witnessed depreciation in its […] дальше »

2019-3-3 12:38


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


Dow Slides Below 26,000 While Another Dip Spooks Bitcoin

The US stock market is quiet heading into February’s final trading session, with Dow futures virtually unchanged after the index slipped below 26,000 on Wednesday. The bitcoin price, meanwhile, has recovered above $3,800 while the cryptocurrency market braces for Ethereum’s second attempt at activating its long-anticipated Constantinople hard fork. дальше »

2019-2-28 17:01


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


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Litecoin [LTC] Price Remains Stable for the Third Day Running

As is visible from the chart below, Litecoin has remained relatively stable over the course of the past 2-3 days— with the currency currently trading at a price point of $31.92 (at press time). However, around a week back, the top-10 altcoin was struggling to stay in the green while trading just above the $23 […] The post Litecoin [LTC] Price Remains Stable for the Third Day Running appeared first on NullTX. дальше »

2018-12-22 04:30


Has Bitcoin [BTC] Price Reached a New Consolidation Point?

Bitcoin had a bearish drop yesterday which brought the price down to around $3750. It has since retraced back up to near $4000 which has been an important point of trading over the past week. The recent bearish conditions in the markets which brought the price of Bitcoin from $6400 to below $3500 was preceded […] Has Bitcoin [BTC] Price Reached a New Consolidation Point? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-4 17:24