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Crypto Markets Trade Down as Bitcoin (BTC) Short Positions Plunge

Since the crypto markets witnessed a large price swing last Friday, they have been gradually drifting downwards, with Bitcoin (BTC) expressing some levels of stability in the low-$3,600 region. This stability may not last long however, as BTC short positions are rapidly dropping while long positions climb, which may signal that bulls are getting overly. дальше »

2019-2-15 03:00


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


Bitcoin Price Analysis: BTC Surges to $3,802, Creating Fresh February Highs — Can the Bulls Maintain the Momentum?

Support for BTC moving forward: $3,664, $3,590, $3,569, $3,508, $3,467, $3,421, $3,350. Resistance for BTC moving forward: $3,570, $3,802,… The post Bitcoin Price Analysis: BTC Surges to $3,802, Creating Fresh February Highs — Can the Bulls Maintain the Momentum? appeared first on Invest In Blockchain. дальше »

2019-2-11 11:33


Bitcoin Price Analysis: Investors Grow Weary as the Battle to Hold at $3,421 Continues — Can the Bulls Prevent Fresh 2019 BTC Price Lows?

Support for BTC moving forward: $3,421, $3,400, $3,350, $3,331, $3,284, $3,228, $3,000. Resistance for BTC moving forward: $3,467, $3,508,… The post Bitcoin Price Analysis: Investors Grow Weary as the Battle to Hold at $3,421 Continues — Can the Bulls Prevent Fresh 2019 BTC Price Lows? appeared first on Invest In Blockchain. дальше »

2019-2-7 10:35


Bitcoin Price Analysis: BTC Trading Within Short-Term Trading Range — Can the Bulls Push the Market Above the $3,569 Handle?

The CBOE has re-submitted a joint-rule change proposal with VanEck and SolidX. JP Morgan analysts predict that BTC will… The post Bitcoin Price Analysis: BTC Trading Within Short-Term Trading Range — Can the Bulls Push the Market Above the $3,569 Handle? appeared first on Invest In Blockchain. дальше »

2019-2-4 10:23


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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 Price Analysis: Candlesticks Arrangement Favor BTC Bulls

Latest Bitcoin News It has been described as the future of money. Bitcoin remains tamper proof, inflation and censorship resistant. But, how will things pan out going ahead? Are Bitcoin related products needed? First, Bitcoin is a network and because of some of its specific properties, it can serve as a medium of exchange and […] The post Bitcoin Price Analysis: Candlesticks Arrangement Favor BTC Bulls appeared first on Ethereum World News. дальше »

2019-1-28 14:36


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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


Bitcoin Price Analysis: BTC Approaches Crucial Support at $3,569 — Can the Bulls Now Defend This Area to Prevent a Short-Term Bearish Trend?

Bitcoin has now approached our previously highlighted area of support at the crucial $3569 handle. Support moving forward: $3,569,… The post Bitcoin Price Analysis: BTC Approaches Crucial Support at $3,569 — Can the Bulls Now Defend This Area to Prevent a Short-Term Bearish Trend? appeared first on Invest In Blockchain. дальше »

2019-1-22 22:45


Bitcoin (BTC) Daily Price Forecast – January 18

BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,500, $3,400, $3, 300 Yesterday, January 17, the price of Bitcoin was in the bullish trend zone. The bulls were in control as they broke the 12-day EMA , the 26-day EMA and reached the bullish trend zone. Yesterday, the crypto’s price reached the […] дальше »

2019-1-18 08:51


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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


BTC Price Analysis: Bears Regain Control of Market Momentum But Can the Bulls Defend $3,569 to Prevent Bitcoin From Heading Lower?

The current market cap for the entire industry is now sitting at around $121 billion. Bitcoin had recently broken… The post BTC Price Analysis: Bears Regain Control of Market Momentum But Can the Bulls Defend $3,569 to Prevent Bitcoin From Heading Lower? appeared first on Invest In Blockchain. дальше »

2019-1-17 16:28