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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


Crypto Market Sees Bloody Thursday, Will Bitcoin Break Below $6k?

The past 24 hours haven’t been a nice period for the crypto market, with a great majority of the cryptocurrencies shedding off a significant fraction of their market value. In fact, all of the top 100 cryptos currently in the market have experience a slump, and 19 of the top 20 cryptos have been hit […] The post Crypto Market Sees Bloody Thursday, Will Bitcoin Break Below $6k? appeared first on ZyCrypto. дальше »

2018-10-11 16:39


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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27


Short-Term Traders Responsible for Ranging Bitcoin Price, Says Analyst

As the price of Bitcoin remains stuck between $5,500 and $8,500 for three months now, the Bitcoin trading community wonders when the spell will break and in which direction. Kevin Lu, the director of quantitative research at Element Digital Asset Management, a full-service advisor for the digital asset economy, said the Bitcoin market is in a reflexive state. дальше »

2018-9-1 21:00