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Statistics Signal That Bitcoin (BTC) is Likely to Surge Towards 5,500 in Near Future
Although Bitcoin has been unable to find any noteworthy buying pressure in the low-$4,000 region ever since it advanced to this price level, when looking at a larger time frame it becomes apparent that BTC is not currently bearish, despite its persisting bout of sideways trading. дальше »
2019-3-24 22:30 | |
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Bitcoin (BTC) Price Analysis: Bears Defend Resistance Again
Bitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on the daily time frame. Price has once again been rejected at the triangle resistance, so it might be setting. дальше »
2019-3-12 06:44 | |
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Bitcoin (BTC) Price Analysis: Bounce or Break at Area of Interest?
Bitcoin is currently hovering at an area of interest at the middle of its range on the 1-hour time frame, still deciding whether to bounce to the top or head back to support. The 100... The post Bitcoin (BTC) Price Analysis: Bounce or Break at Area of Interest? appeared first on Ethereum World News. дальше »
2019-3-7 05:50 | |
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Bitcoin Price Analysis: Short-Term Support Breaks on High Volume and Spread
Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation:Figure 1: BTC-USD, Daily Candles, Broken Local SupportSo far, our daily candle has yet to close, but it is currently on schedule to close below local support. дальше »
2019-3-5 02:43 | |
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Bitcoin Price Plunge to $1,000 is Possible, Say Traders; Could it Happen?
Since January, for over two months, Bitcoin has remained in a relatively tight price range from $3,200 to $4,000, unable to break out of key resistance levels above $4,200. Similarly, from September to November, in an identical time frame, Bitcoin maintained low volatility in the $6,100 to $6,700 range. дальше »
2019-3-3 16:59 | |
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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 | |
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Bitcoin Price Plunges 11%: Factors Behind Sunday’s Big Crypto Market Dump
On February 24, the Bitcoin price plunged from $4,190 to $3,714 within minutes by 11. 3 percent against the U. S. dollar. While many traders were not taken aback by the sudden drop in the price of the dominant cryptocurrency, some were surprised by the magnitude of it in a short time frame. дальше »
2019-2-25 12:35 | |
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Bitcoin (BTC) Price Analysis: Quick Bullish Pullback Done?
Bitcoin is still hovering around the top of its ascending channel on the 1-hour time frame but looks poised for a break higher. Price encountered stronger volatility in the past 24 hours, possibly completing a. дальше »
2019-2-22 05:37 | |
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Bitcoin (BTC) Price Analysis: Reversal Pattern Confirmation, More Upside?
Bitcoin could be due for an even bigger climb as it breaks past the neckline of the complex inverse head and shoulders on the 4-hour time frame. Price is closing above the $3,900 mark and... The post Bitcoin (BTC) Price Analysis: Reversal Pattern Confirmation, More Upside? appeared first on Ethereum World News. дальше »
2019-2-19 06:39 | |
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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward
Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »
2019-2-15 00:21 | |
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‘Arcane’ SEC Rules May Kill Chances of Bitcoin ETF in 2019: Crypto Mom
The chance of a Bitcoin exchange-traded fund (ETF) gaining approval this year is slipping away. Securities and Exchange Commissioner Hester Peirce yet again downplayed the prospect of a Bitcoin ETF on Tuesday. дальше »
2019-2-13 18:27 | |
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Bitcoin (BTC) Price Analysis: Still Waiting for a Bullish Flag Break
Bitcoin is still treading sideways in a short-term consolidation that looks like a bullish flag pattern. This is around the top of the descending channel visible on the 4-hour time frame, which explains why there is a lot of resistance. дальше »
2019-2-13 06:36 | |
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Bitcoin (BTC) Price Analysis: Finally, Some Signs of Life!
Bitcoin enjoyed a sharp pop higher, enough to lead to a break above the descending trend line on its 4-hour chart. Price made a strong rally but is encountering resistance at the top of the falling channel seen on the same time frame. дальше »
2019-2-11 08:17 | |
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Bitcoin (BTC) Price Analysis: Downside Break and Another Leg Lower
Bitcoin broke below the bottom of its symmetrical triangle consolidation pattern to signal that further losses are in the cards. Price is also trading within a descending channel on the 1-hour time frame and is now aiming for support. дальше »
2019-2-6 07:29 | |
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Bitcoin (BTC) Price Analysis: Higher Pullback Possible
Bitcoin is trending lower on its 1-hour time frame and seems to be bouncing off the mid-channel area of interest on the descending channel. However, price has yet to make new lows or test the latest ones, so a larger pullback might still be due. дальше »
2019-2-4 07:06 | |
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Cboe Files (Again) for (Yet Another) Bitcoin ETF
That didn’t take long. Barely a week after the Chicago Board of Exchange (Cboe) withdrew its application with the U. S. Securities and Exchange Commission (SEC) to list the world’s first bitcoin exchange traded fund (ETF), the exchange and its partners, VanEck and SolidX, are back at it. дальше »
2019-2-1 19:18 | |
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Bitcoin (BTC) Price Analysis: Can Buyers Keep This Rally Up?
Bitcoin is gaining traction on its bounce off the bottom of the descending channel on the 1-hour time frame. Price has just passed the mid-channel area of interest and the first Fib, which suggests that a larger rally may be underway. дальше »
2019-1-31 05:44 | |
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Bitcoin (BTC) Price Analysis: Channel Support Bounce, Next Targets
Bitcoin found support at the bottom of its descending channel on the 1-hour time frame and looks due for a pullback to the top. Applying the Fibonacci retracement tool shows the next potential resistance levels. дальше »
2019-1-29 04:16 | |
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Bitcoin (BTC) Price Analysis: Broadening Wedge Formation
Bitcoin is forming lower lows and higher highs to create a broadening wedge formation on the 1-hour time frame. Price recently bounce off support and may carry on to climb to the top. The 100 SMA is below the longer-term 200 SMA, though, so the path of least resistance may be to the downside. дальше »
2019-1-25 07:04 | |
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Bitcoin (BTC) Price Analysis: Potential Reversal Formation?
Bitcoin might be done with its slide as it failed in its recent attempt to break below the $3,550 lows. This could lead to the formation of a double bottom on its 1-hour time frame. Price has a lot of room to climb before testing the neckline, more so breaking above it. дальше »
2019-1-23 06:34 | |
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Bitcoin Price Analysis: BTC Lift Off, Cross-Hairs at $4,500
Bitcoin Price recover, bulls bounce back Market leaders set positives in Blockchain and crypto There is a jump in market participation level. Volumes swell in the 4HR time frame After Jan 20 drops, BTC is finding support at around $3,500—the lower limit of our support zone. дальше »
2019-1-23 22:00 | |
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Bitcoin (BTC) Price Analysis: Reversal Formation Gives Bulls Hope
Bitcoin is bouncing off support at the bottom of its descending channel on the 1-hour time frame and a small reversal pattern is also forming. An inverse head and shoulders can be seen and a break above the neckline could confirm that a rally is in the works. дальше »
2019-1-18 06:00 | |
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What does potential Bitmain fall mean for Bitcoin?
Chinese cryptocurrency mining company Bitmain has been struggling mightily over the last couple of months; bad investments, rising competition and leaving CEO’s have been among the main defining characteristics of the project throughout this time frame. дальше »
2019-1-15 08:33 | |
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Bitcoin (BTC) Price Analysis: Time for a Pullback… Again!
Bitcoin recently broke below a short-term rising trend line to signal that a reversal might be underway. Price has found support at the $3,600 area, though, and a pullback is taking place. The 100 SMA is still below the longer-term 200 SMA on this 1-hour time frame, indicating that the path of least resistance is […] The post Bitcoin (BTC) Price Analysis: Time for a Pullback… Again! appeared first on Ethereum World News. дальше »
2019-1-15 04:11 | |
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Bitcoin (BTC) Price Analysis: New Bearish Channel Forming
Bitcoin is starting to trend lower since last week’s selloff, creating a descending channel with its lower highs and lower lows on the 4-hour time frame. Price is down to the mid-channel area of interest after recently bouncing off the resistance. дальше »
2019-1-14 06:16 | |
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Bitcoin (BTC) Price Analysis: Another Attempt to Break Higher
Bitcoin is still stuck in consolidation for yet another day, but bulls are finding hope in the fact that price was able to hold its head above $4,100 again. Besides, another attempt to break past the near-term resistance appears underway. дальше »
2019-1-9 06:31 | |
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Bitcoin (BTC) Price Analysis: Bulls Test Triangle Top Again!
Bitcoin has formed lower highs and higher lows to create a symmetrical triangle pattern on its 4-hour time frame. Price recently tested support and has bounced back up to the triangle top, perhaps to attempt another break higher. дальше »
2019-1-7 05:20 | |
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Bitcoin (BTC) Long Term Price Forecast- January 5
BTC/USD Long-term Trend: Bearish Resistance levels: $7,200, $7,300, $7,400 Support levels: $3,800, $3,700, $3,600 The BTCUSD pair had been ranging in the last ten days. In the short time frame, Bitcoin was ranging at the $3,900 price level. дальше »
2019-1-5 07:57 | |
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Bitcoin (BTC) Price Analysis: Larger Reversal Pattern Forming
Bitcoin might be ready for a longer-term climb as it forms an inverse head and shoulders pattern on its 4-hour time frame. Price has yet to test and break past the resistance but if it does, bitcoin could be in for a climb that’s the same height as the chart formation. дальше »
2019-1-2 05:10 | |
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What’s Behind The Ethereum (ETH) Price Surge?
Although many are impressed by Bitcoin’s stellar performance in the past week, with the asset moving from a year-to-date low at $3,150 to a multi-week high of $4,200 within a few days’ time, Ethereum (ETH) outperformed the flagship cryptocurrency within the same time frame. дальше »
2018-12-24 02:46 | |
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Bitcoin (BTC) Price Analysis: Are Bulls Back on Their Feet?
Bitcoin is creating a new ascending channel on its 1-hour time frame as it formed higher lows and higher highs since last week. Price is bouncing off support and may be aiming for the upside targets marked by the Fibonacci extension tool. дальше »
2018-12-13 04:22 | |
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Bitcoin (BTC) Price Analysis: Bullish Divergence & Potential Targets
Bitcoin is still in selloff mode but there are more signs of bullish exhaustion on the daily time frame. For one, RSI and stochastic have indicated oversold conditions and are starting to turn higher to reflect the return of bullish pressure. дальше »
2018-12-12 08:10 | |
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Bitcoin (BTC) Price Analysis: New Bullish Channel to Watch
Bitcoin recently broke out of its descending channel on the 1-hour time frame to signal that a reversal from the downtrend is in the works. Price appears to be forming a new ascending channel as it bounces off resistance and looks ready for a pullback. дальше »
2018-11-30 06:19 | |
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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead
This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »
2018-11-30 01:45 | |
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Bitcoin (BTC) Price Analysis: More Buyers Waiting For This Retest
Bitcoin broke out of its descending channel on the 1-hour time frame to signal that a reversal is due. Price also moved past its double bottom to confirm that an uptrend is underway, but resistance around the $4,400 level held. дальше »
2018-11-29 05:11 | |
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Look at Data From Past Bitcoin Crashes and You Might (Possibly) Feel Better
After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market. дальше »
2018-11-28 21:44 | |
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Bitcoin (BTC) Price Analysis: Wedge Support Test
Bitcoin broke below a short-term consolidation pattern and is making its way down to test the bottom of the falling wedge on its daily time frame. Another break lower could expose this cryptocurrency to a steep free fall. дальше »
2018-11-23 04:32 | |
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Bitcoin (BTC) Price Analysis: Bounce Back to $6,200 Area of Interest?
Bitcoin is keeping its head above the bottom of its falling wedge visible on the daily time frame and looks prime for a bounce back to the top. This coincides with an area of interest or former support zone that might now hold as resistance. дальше »
2018-11-22 05:20 | |
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Bitcoin (BTC) Price Analysis: Correction or Continuation Next?
Bitcoin is testing the bottom of its descending channel seen on the 4-hour time frame and looks due for a bounce. However, this might merely spur a correction to the area of interest that lines up with the channel top around $6,200. дальше »
2018-11-19 06:05 | |
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Bitcoin (BTC) Price Analysis: Strong Downside Break, How Low Can It Go?
Bitcoin had formed lower highs and higher lows to consolidate inside a symmetrical triangle on its 4-hour time frame before breaking to the downside. This signals that bears have won over and that further declines are underway. дальше »
2018-11-15 06:24 | |
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Bitcoin Cash (BCH) Price Analysis: Support Holding Ahead of Hard Fork
Bitcoin Cash continues to hover around the Fib retracement levels while traders await the outcome of the hard fork. By the looks of it, there is still no consensus in the community as a near 50-50 split on the versions is eyed. дальше »
2018-11-14 05:08 | |
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Bitcoin (BTC) Price Analysis: Key Resistance to Watch
Bitcoin volatility has been low once more, leading many to speculate that a big breakout might be brewing. Price is still keeping its head above a rising channel seen on the 4-hour time frame but has also formed lower highs and is below a shorter-term trend line. дальше »
2018-11-13 05:59 | |
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Bitcoin (BTC) Price Analysis: Bulls Waiting for Channel Dips
Bitcoin has formed higher lows and higher highs to trade inside an ascending channel visible on its 1-hour time frame. Price just bounced off the top and looks prime for another test of support. Applying the Fibonacci retracement tool on the latest swing low and high shows that the 61. дальше »
2018-11-8 06:35 | |
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Revolutions and Counter Revolutions: Andreas Antonopoulos Reflects on 10 Years of Bitcoin
As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade. дальше »
2018-11-7 19:56 | |
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Bitcoin (BTC) Price Watch: Aiming for $7,000 Next?
Bitcoin Price Key Highlights Bitcoin price is gaining traction on it bounce off the channel support on its 4-hour time frame. A move to the next upside targets might be in the works and the Fibonacci extension tool marks these. дальше »
2018-11-2 04:33 | |
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Bitcoin (BTC) Price Watch: Sellers Waiting at Area of Interest
Bitcoin Price Key Highlights Bitcoin price continues to trade inside its descending channel on the 1-hour time frame. Price looks ready for a pullback to the resistance and the Fib retracement tool shows where sellers might be waiting. дальше »
2018-10-29 05:52 | |
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