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Bitcoin (BTC) Price Analysis: Bears Still Have the Upper Hand

Bitcoin looks ready to resume its slide as it bounced off the mid-channel area of interest once more and is eyeing the Fib extension levels as downside targets. Price is closing in on the 38.2% level at the $3,450 area and might move all the way down to the 50% level that lines up with […] The post Bitcoin (BTC) Price Analysis: Bears Still Have the Upper Hand appeared first on Ethereum World News. дальше »

2019-2-5 04:17


Dogecoin [DOGE] Price Slowly Declines Within Trading Range

Dogecoin traded in a descending triangle last week. A Descending triangle is a bearish continuation pattern that increases the likelihood that the next significant move will be to the downside. As bearish movements broke out across the market yesterday, Doge also broke below its descending triangle and entered an important range between $0. дальше »

2019-1-18 19:09


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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


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52


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Bitcoin (BTC) Tumbles Under $3,800, Yet Analyst Expects “More Upside Than Downside”

Bitcoin (BTC) Moves Under $3,800, Crypto Market Cap At $120B  Another day, another bout of crypto market tumult. In the past 24 hours, cryptocurrencies at large have continued to move in a dramatic fashion, with leading assets, such as Bitcoin (BTC) and Ethereum (ETH), posting mid-single-digit losses that have sent investors’ Blockfolios into the red. дальше »

2018-12-6 07:45


Ripple’s Digital Currency XRP Forms Lower High! Set to Return to Downside?

While the market leader Bitcoin has returned to consolidation with low volume trading, the third largest cryptocurrency by market capitalization has been making some significant movements. Ripple’s digital currency had been on a downward spiral since a bearish divergence occurred between price and RSI at the start of October. дальше »

2018-10-18 18:44


Signs That The Bears Are Taking Over Bitcoin

After the market crash on Thursday, the future of a further drop in Bitcoin seems to be a bit brighter according to CoinDesk. The biggest digital currency in the world has been staying relatively steady over the past month but on Thursday there was a massive drop bringing the price down below the $6,500 mark and to the $6,200 level confirming a range breakdown. дальше »

2018-10-13 21:30