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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


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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


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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


Teen Crypto Millionaire Erik Finman Says Bitcoin is Dead Due to Community Fragmentation

The bear market that affected the whole crypto industry seems to have reached everyone in the space. Erik Finman, one of the youngest Bitcoin (BTC) millionaires said that Bitcoin is dead. This young investor placed $1,000 in Bitcoin back in 2011 and had around $8 million when the market was close to $20,000. According to […] дальше »

2018-12-17 01:58


Prominent Analyst: Crypto “Very Close” To Finding Bitcoin (BTC) Bottom

Crypto Analyst: Bitcoin Cash Hard Fork, Regulatory Qualms Have Been Bearish Catalysts  Naeem Alsam, a crypto-friendly contributor to Forbes and the Chief Market Analyst at ThinkMarkets, recently sat down with CoinTelegraph in the outlet’s “Time To Buy Bitcoin [BTC]?” exclusive to discuss his opinions on the market, and where BTC could potentially bottom. дальше »

2018-12-4 07:00


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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


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B2BX Cryptocurrency Exchange Secures Estonian Blockchain License

B2BX, a European digital assets exchange that supports major cryptocurrencies like bitcoin (BTC), ether (ETH), NEO (NEO), monero (XMR) and several others, has gotten approval from the Estonian Financial Intelligence Unit (FIU), making it one of the cryptoassets exchanges to be entirely regulated in crypto-friendly Europe, reported Finance Magnates on November 11, 2018. дальше »

2018-11-14 10:00


10 Reasons Why Top Cryptocurrency Bitcoin Cannot be Considered a Bubble

Bitcoin (BTC) and other virtual currencies have experienced an important bull run during 2017. At the end of the last year, Bitcoin reached $20,000 after starting the year close to $950 dollars. Because of this reason, several experts and financial analysts called Bitcoin and cryptocurrencies a bubble that could explode at any moment. Some of […] дальше »

2018-11-5 07:33