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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


Dow Slides Below 26,000 While Another Dip Spooks Bitcoin

The US stock market is quiet heading into February’s final trading session, with Dow futures virtually unchanged after the index slipped below 26,000 on Wednesday. The bitcoin price, meanwhile, has recovered above $3,800 while the cryptocurrency market braces for Ethereum’s second attempt at activating its long-anticipated Constantinople hard fork. дальше »

2019-2-28 17:01


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Analyst: Bitcoin (BTC) RSI Signals That the Cryptocurrency is at Historically Oversold Levels

After dropping back to its recently established support level at $3,400 a couple days ago, Bitcoin (BTC) has been able to hold above this support level. Despite this, its failure to bounce signals that it doesn’t have any significant buying pressure at the moment and further losses may be necessary in order for it to. дальше »

2019-2-8 01:00


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Markets Update: Most Cryptos Consolidating

The cryptocurrency meta-trend has seen most leading markets continue to grind sideways at key support zones, though there has been a slight bounce in the last few hours. Among the weakest performing major markets in recent days are tron (TRX), which has broken a critical ascending trendline following the bittorrent token (BTT) airdrop, and nem […] The post Markets Update: Most Cryptos Consolidating appeared first on Bitcoin News. дальше »

2019-2-1 17:15


Bitcoin (BTC) Price Analysis: Can Sellers Gain More Momentum?

Bitcoin might be in for further declines as it hovers around the bottom of the descending channel on the 4-hour chart. A larger bounce could still take it up to the Fib levels nearby. However, the 100 SMA recently crossed below the longer-term 200 SMA to confirm that the path of least resistance is to […] The post Bitcoin (BTC) Price Analysis: Can Sellers Gain More Momentum? appeared first on Ethereum World News. дальше »

2019-1-17 05:23