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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


Bitcoin (BTC) is Set to Become the World’s Reserve Currency, Max Keiser Says

Despite the bearish run of 2018, Max Keiser is a fervent believer that Bitcoin will grow not only in price but also in adoption and thinks that 2019 can be a favorable year for the cryptocurrency market as alternatives for transmission and storage of value compared to the traditional options offered by banks and financial […] The post Bitcoin (BTC) is Set to Become the World’s Reserve Currency, Max Keiser Says appeared first on Ethereum World News. дальше »

2019-1-4 21:35


If Bitcoin (BTC) Falls Under $3,200, HODLers Should GTFO: Bearish Trader

Former Bitcoin Short Seller Paints Bearish Picture Recently, Mark Dow, a preeminent hedge fund manager and skilled chartist, took to Twitter on Tuesday to make an unexpected declaration. In a tweet seemingly poking fun at crypto’s zealous bulls, Dow wrote that he would be saying goodbye to his Bitcoin (BTC) short, which he purportedly opened during the asset’s […] The post If Bitcoin (BTC) Falls Under $3,200, HODLers Should GTFO: Bearish Trader appeared first on Ethereum World News. дальше »

2018-12-28 01:00


Can Bitcoin (BTC) Round up the Year with a Closing Price above $3000?

Mixed reactions have trailed the market space despite the bull run that has greatly built the structure of the market against 2019. Traders are apparently not fazed by the fact that BTC managed to make an upsurge that landed it at $4200, this can be credited to the skepticism birthed by the long-term bearish outpour […] The post Can Bitcoin (BTC) Round up the Year with a Closing Price above $3000? appeared first on ZyCrypto. дальше »

2018-12-26 12:38


Amidst Bearish Bitcoin Market Conditions, BTC Lightning Network Continues to Prosper

For the past couple of years, Bitcoin’s core dev team has been working tirelessly to scale-up the world's premier blockchain ecosystem in a sustainable fashion. In this regard, despite bearish market conditions continuing to persist throughout the year, recent statistical data has shown that the Bitcoin Lightning Network (a viable second-layer scaling solution for the […] дальше »

2018-12-24 21:21


Bitcoin Celebrates an Unfortunate Anniversary as BTC Price’s All-Time High Was 1 Year from Today

We celebrate a particularly rare anniversary for Bitcoin this year. To the day, December 17th, 2017, the crypto reached its all time highest valuation of 20,000 dollars. This was, of course, followed swiftly by an even swifter decline into a bearish market, leading to its value being slashed by nearly 85 percent. Now, with BTC […] дальше »

2018-12-18 02:42


This Week in Crypto: Amazon to lead next bull run, BTC undervalued, XRP on Coinbase, Best time to buy Bitcoin, ETH and EOS Better than Tron? And More

The week 9 to 15 December was another bloody week for cryptocurrencies. The market has been bearish with the top cryptocurrencies bleeding until today when it has sustained the green zone. A number of other interesting stories also unfolded, the best of which we have picked and summarized for you in this weekly summary just […] The post This Week in Crypto: Amazon to lead next bull run, BTC undervalued, XRP on Coinbase, Best time to buy Bitcoin, ETH and EOS Better than Tron? And More appeared first on ZyCrypto. дальше »

2018-12-17 00:41


Bitcoin (BTC) Daily Price Forecast – December 14

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,200, $3,100, $3,000 Yesterday, December 13, the price of Bitcoin was in a bearish trend. We had earlier suggested that if price broke the $3,400 price level, the price of Bitcoin would resume its downtrend. The $3,400 price level has been broken and the […] дальше »

2018-12-14 08:26