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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


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Civic CEO: If Bitcoin (BTC) Breaks $3,000, Crypto Winter Will Go “Nuclear”

$3,300 An Essential Bitcoin Price Level, Says Analyst As hinted at in a previous Ethereum World News report, the past few hours have been dismal for the broader cryptocurrency market. The aggregate value of all digital assets has fallen from $121 billion to $115 billion in a few hours’ time, as Bitcoin bulls lose traction to […] The post Civic CEO: If Bitcoin (BTC) Breaks $3,000, Crypto Winter Will Go “Nuclear” appeared first on Ethereum World News. дальше »

2019-1-28 13:00


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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »

2019-1-26 03:13


CODEX Exchange Starts BTC Giveaway and Broadcasts It by Sending Messages on a Blockchain

CODEX, a fully licensed global cryptocurrency exchange, announces Bitcoin Giveaway to give users a chance to try out the platform at no expense of their own. With the substantial decrease in prices of digital assets over the year and bears still pulling down the market, it may be not easy for some of us to […] The post CODEX Exchange Starts BTC Giveaway and Broadcasts It by Sending Messages on a Blockchain appeared first on NullTX. дальше »

2019-1-18 04:09


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


Financial Stability Board Declares Bitcoin is no Threat the Global Economy but Volatility is Risky

One of the most important banking institutions around the world, the Financial Stability Board (FSB) is convinced that Bitcoin (BTC) and other digital assets do not pose risks to the world economy. The FSB is in charge of monitoring the global economy and there are more than 20 representatives from G-20 countries. The information was […] дальше »

2019-1-7 10:14


How Bitcoin’s 10 Year Run Stacks Up Against Traditional Assets in the Same Timeframe

Bitcoin (BTC) has been growing in the market during the last ten years. It started with crypto enthusiasts, it expanded to anarchists and it reached retail investors all over the world. Now, Bitcoin could be embraced by largesr institutions and companies if the necessary regulations and reglamentations are in place. Since Bitcoin was created, it […] дальше »

2019-1-5 21:19


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Crypto Giant Coinbase Made Strides In Q4 2018, Even As Bitcoin (BTC) Plunged 40%

Although Coinbase has recently become a controversial company, especially as it began to add crypto assets left and right, the company has long had an unrelenting drive for innovation. Since setting up shop in 2012, the San Francisco-headquartered startup, headed by a former Airbnb employee with visions of grandeur, has quickly set the industry standard in. дальше »

2019-1-4 02:00


Analyzing Bitcoin’s Evolving Mainstream Media Relationship as Crypto Assets Seek the Promise Land

After ten years in the market, Bitcoin (BTC) has appeared several times in mainstream media. Although during the first years Bitcoin did not have any coverage, as the prices and interest in the virtual currency grew, media started to talk about the most popular virtual currency in the market. One of the first things that […] дальше »

2018-12-29 22:15


New Report Shows Bitcoin (10 Years) and Gold (1,000s of Years) Share Strong Market Correlation

In general, Bitcoin (BTC) has always been considered as a non-correlated asset in the market. Its price was usually guided by other forces that traditional markets did not follow. However, in a recent report shared by The Wall Street Journal (WSJ) Bitcoin is becoming more correlated to assets such as Gold. In order to understand […] дальше »

2018-12-29 21:48