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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


Bitcoin Cracks the $4,000 Mark for the First Time in almost Two Months: BTCManager’s Week in Review February 25, 2019

Bitcoin investors are finally getting the much-needed relief rally that saw the price of bitcoin surge past the $4,000 mark to close the week five percent higher week-on-week at around $3,900. After almost two months in the $3,000 range, bitcoin finally broke through the $4,000 mark as traders have started to hit the buy buttonRead MoreRead More. дальше »

2019-2-25 12:00


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency

Price has been testing support at $3476 several times over the past week. Each test makes the level weaker with fewer buyers to hold the level on each retest. Price finally broke below this level today and looks likely to close below as traders are accepting prices below the level and not quickly bringing the […] Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-1-28 18:04


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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


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


Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02


Ripple (XRP) Struggles To Break Past 21 EMA Against Bitcoin (BTC), Price Likely To Remain Range Bound For Now

Ripple (XRP) is currently trading within a tight range against Bitcoin (BTC). The price broke the resistance at 45,860 satoshis earlier this month but soon afterwards, it retraced. Initially, the 45,860 satoshis resistance turned into support as the 4H chart above for XRP/BTC shows that Ripple (XRP) formed two red candles after the resistance break. дальше »

2018-9-9 22:31


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Bitcoin Price Chart Shows ‘Huge Bull Signal,’ Says Tom Lee

Fundstrat Global Advisors’ Managing Partner and Chief Analyst Tom Lee said that the current Bitcoin price is giving a “huge bull signal”. Tom Lee on Sudden Spike in Bitcoin Price After a week of trading in the range between $6150 and $6750, Bitcoin (BTC) broke out, surging past $7000 in roughly around five minutes July 17, reaching highs above $7500 on some exchanges. дальше »

2018-7-18 16:30


Speculation Rife as Bithumb Situation Develops, Market Recovers

The Bithumb situation has quickly developed over the past 24 hours, resulting in rampant speculation about what exactly happened. Bithumb ‘Suspiciously’ Deletes Original Tweet News of yesterday’s hack quickly broke on Bithumb‘s official Twitter account, but oddly enough, Bithumb deleted the original message after only a few hours. дальше »

2018-6-21 04:30


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