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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Bitcoin Price @ $10,000: BitMEX CEO Predicts Strong Gains in Q4 2019

On BitMEX Crypto Trader Digest, BitMEX CEO Arthur Hayes reaffirmed his prediction for bitcoin, foreseeing the dominant cryptocurrency achieving $10,000 in price by the end of 2019. Previously, in mid-2018, when the sentiment around bitcoin was still generally optimistic, Hayes said that the asset had not found its bottom and is likely to fall below $5,000. дальше »

2019-3-23 17:49


Crypto Analyst: Do Or Die For Bitcoin As Downtrend Resistance Nears Closer

As Bitcoin continues the search to find the “bottom” of its current bear market correction, there’s no denying just how important the coming days are for the first ever crypto. One crypto analyst believes that the next two weeks are the “most important” for BTC, as price approaches yearly downtrend resistance that has proven to. дальше »

2019-3-19 23:00


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Litecoin Price Analysis: Hitting Major Resistance

The Litecoin (LTC) price continues to surge following an impressive run over the past month — but is it ripe for a pullback? Let’s take a look. Fibonacci Retracement If we take a look at the Fibonacci retracement tool and draw a simple line from the all-time high to its most recent bottom, we can see that the price of Litecoin (LTC) against Bitcoin (BTC) has largely respected each channel while stair-stepping upwards. дальше »

2019-3-16 10:30


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20


Litecoin Price Prediction: LTC Is Creating a Head and Shoulders Pattern, Will the Neckline Provide Support?

Long-Term Outlook A look at the Weekly chart for LTC/USD shows that price made a temporary bottom at $28, inside the support area formed by the highs of 2014. It is currently trading at $48, slightly above the 21-period moving average but below the 50-period MA and the Ichimoku cloud. дальше »

2019-3-4 11:59


Peter Brandt Calls For 80%+ Bitcoin Price Decline Over A Year Ago With Chilling Accuracy

Bitcoin price (BTC) has fallen over 80% from its all-time high of $20,000 over the past 14 months, and has struggled to regain any bullish momentum it once had. While many expected Bitcoin to bottom at the seemingly unbreakable support at $6,000, the leading cryptocurrency by market cap fell through to find its local bottom. дальше »

2019-2-28 23:00


Ethereum Price Prediction: ETH Failed to Break Above the 21-week Moving Average, Will the Next Attempt Be Successful?

Long-Term Outlook A look at the Ethereum Weekly logarithmic chart shows that the price made a temporary bottom at $80 inside the minor support area, before starting an upward move. However, once reaching the minor resistance is at $160, it was rejected and formed a hammer candle (yellow arrow), which when found on uptrends usually indicates […] Ethereum Price Prediction: ETH Failed to Break Above the 21-week Moving Average, Will the Next Attempt Be Successful? was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-2-27 12:04


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Using alternative indicators to confirm sentiment change and price bottom

After the launch of JP Morgan's 'stablecoin' crypto is back in the mainstream narrative which should be a positive for the wider market if it warms public sentiment. While there is no indication this news is a turning point for the bear market it does highlight how we could use alternative indicators alongside price to confirm a breakout into the next bull run. дальше »

2019-2-19 15:00