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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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Mega-experts about Bitcoin: Roger Ver, Julian Assange, Edward Snowden

They don’t always say what they really think. Sometimes their message is hidden “between the lines”. And sometimes verbal interventions are done. But always their opinion deserves to be heard! Roger Ver on Bloomberg The largest business channel Bloomberg tried to make one of the most prominent fighters of the crypto-front, Bitcoin.com CEO Roger Ver. […] дальше »

2018-12-7 21:43


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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


Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run. дальше »

2018-11-28 01:55


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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28


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Why An SEC Announcement Is What Stands Between Bitcoin (BTC) and a $7,200 Price Value

From the onset of this article, I would like to let the reader know that I am not a Technical Analysis expert. Any further opinion in this piece is based purely on fundamentals and observations. Therefore, looking at the performance of BTC since the expiration of last month’s CME Bitcoin Futures contracts on the 26th […] The post Why An SEC Announcement Is What Stands Between Bitcoin (BTC) and a $7,200 Price Value appeared first on Ethereum World News. дальше »

2018-11-7 14:24


UK Crypto Regulations Could Backfire Due to Its Generalization of All Digital And Financial Assets

In 2018, there was a report that Bitcoin could be used as a volatility index (vix) for determining the prices of other cryptocurrencies. However, some major players in the cryptocurrency space in the United Kingdom,(UK) are of the opinion that such position could make the regulation of the cryptocurrency space imbalance since most coins and […] The post UK Crypto Regulations Could Backfire Due to Its Generalization of All Digital And Financial Assets appeared first on ZyCrypto. дальше »

2018-10-31 22:54


Satoshi’s Greatest White Paper Achievement was Solving the Infamous Double Spend via Blockchain

Bill Barhydt, founder and CEO of the cryptocurrency platform Abra, wrote an opinion piece at CoinDesk in which he talks about Satoshi Nakamoto and the Bitcoin white paper. He starts the article by saying that he read Satoshi’s white paper just a few weeks after it was released. About the whole white paper, he remembers […] дальше »

2018-10-28 03:54


George Mason University’s Tyler Cowen: “Bitcoin’s Flexibility is Limited by It’s Hard Fork Reach”

Tyler Cowen: “Bitcoin’s (BTC) Flexibility is Limited by It’s Hard Fork Reach” During a recent panel discussion that took place on Bloomberg Opinion, one of the topics that drew a lot of attention was the fact that there still exist more than 2 Billion individuals who do not have access to a bank account (but […] дальше »

2018-10-27 20:44


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31