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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Market Update: Bitcoin Just Can’t Make A Crack At $7K

The first week of July seemed to echo an all year turn around in the cryptocurrency market, bitcoin was leading the way, slowly but firmly making its way towards the $7,000 mark. On the eve of the month of July, bitcoin was at just above $6,300 but by the 2nd of July, it had hit […] The post Market Update: Bitcoin Just Can’t Make A Crack At $7K appeared first on ZyCrypto. дальше »

2018-7-10 18:19


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Hyperbitcoinization: $100mil Per Coin by 2030 activity

At least one theorist believes the above will happen, and further postulates one hundred million dollars per bitcoin could be in the works as early as 2030. “Bitcoin-induced currency demonetization, or hyperbitcoinization” is what would occur should “any hapless currency” stand “in bitcoin’s path of total world domination. The current store of value talk and дальше »

2018-7-8 06:40