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As Grayscale’s Big BTC Unlock Nears, JPMorgan Puzzles Over $23,000 Bitcoin Price ‘Fair Value’

Bitcoin has continued to play out in tight range since it found ground in the $29,000 area, a support area that was last established on diverse dates in January this year. Whereas most observers seem to only harbor a bullish bias, JPMorgan has constantly held that that Bitcoin could further drop to $23,000 before gathering […] дальше »

2021-7-14 22:12


Bitcoin Pops Up on More QE But No Reason to be Overly Bullish Yet

After falling below $9,000, Bitcoin is back to hovering around $9,500. The leading cryptocurrency has been trading in this range since early May and continues still but on low volume. The Commitment of Traders (COT) report doesn’t paint a good picture with CME Dealers net short, the bias actually increased by 35% last week, the […] дальше »

2020-6-17 18:17


Historically Accurate Bitcoin Price Indicator Just Signaled Start to a Long-Term Bull Market

A historically accurate bitcoin price indicator has just flipped its market bias to bullish after four months. Dubbed as Guppy Multiple Moving Average, or Guppy, the technical indicator identifies changing trends and potential price breakouts by adjoining an asset’s long and short term moving averages. дальше »

2020-1-27 15:00


Ethereum Technical Analysis Sees ETH Track BTC Higher

Ethereum has a bullish short-term trading bias and a bearish medium-term outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern has formed The daily time frame shows that a breakout above the $140 level could be very bullish for ETH/USD Ethereum is moving higher on Monday, as the second-largest cryptocurrency […] The post Ethereum Technical Analysis Sees ETH Track BTC Higher appeared first on Crypto Briefing. дальше »

2020-1-6 20:46


Basic Attention/USD Technical Analysis

Basic Attention has a bullish short-term trading bias and a negative medium-term bias The four-hour time frame shows that a bullish inverted head and shoulders pattern has formed The daily time frame shows that a bullish breakout from a falling wedge pattern is underway Basic Attention is searching for direction on Thursday after the cryptocurrency […] The post Basic Attention/USD Technical Analysis appeared first on Crypto Briefing. дальше »

2020-1-2 22:25


Bitcoin Cash Turning Bullish, Holds Above $200

Bitcoin Cash has a bullish short-term and bearish medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern is forming The daily time frame shows that the cryptocurrency may start to target the $280 level Bitcoin Cash is showing bullish bias as the fifth-largest cryptocurrency continues to firm above […] The post Bitcoin Cash Turning Bullish, Holds Above $200 appeared first on Crypto Briefing. дальше »

2020-1-2 23:17