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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 | |
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Bitcoin Technical Analysis – Will the BTC Bull Flag Happen?
Top analysts currently have mixed price prospects for the cryptocurrency market leader Bitcoin. Price failed to overcome a former high during a surge last week leading to a bearish market structure with a lower high. дальше »
2019-2-14 17:33 | |
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How to Short Bitcoin – A Guide to Shorting BTC in 2019
We all hear HODL (Hold On for Dear Life) and BTD (Buy The Dip) but shorting is a strategy which is much less discussed in the cryptocurrency world. This article will provide a guide on how to short Bitcoin, so you have a chance of being profitable when the next bear market hits. дальше »
2019-2-13 21:03 | |
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DeVere CEO: Bitcoin (BTC) Rally Catalyzed By Hype For Crypto ETF, Halving
deVere Chief Deduces Catalysts For Friday’s Bitcoin Rally Much of the cryptosphere was shocked on Friday as Bitcoin (BTC) embarked on a sudden rally. The leading cryptocurrency quickly breached $3,700, as it found itself up by 8% on the back of an influx of buy-side pressure. дальше »
2019-2-12 04:00 | |
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Analysts Expect Bitcoin (BTC) to Climb Higher Before Hitting Resistance and Dropping
Following the crypto market’s quiet weekend trading session, most cryptocurrencies have continued to trade flat, and have thus far maintained nearly all of their recent price gains that were incurred during Friday’s market surge. дальше »
2019-2-12 01:00 | |
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Bitcoin Price Action: Lower High for BTC Despite Bullish End to the Week
Despite a bullish end to last week, cryptocurrency market leader Bitcoin has formed a lower high resulting in a more bearish market structure. Today’s price action is recording a loss which has erased all of yesterdays gains. дальше »
2019-2-11 18:29 | |
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BTC Futures Volume Plummets Heading Into 2019
Research carried out by Tradeblock has found the combined trade volume across the futures contracts offered by Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE) plummet relative to spot market volume during the second half of 2018. дальше »
2019-2-11 10:55 | |
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Bitcoin [BTC] Price Action – Doji Candle Precedes Price Drop
Yesterday’s daily candle formed a Doji after bullish movements were recorded on Friday. A Doji candle is a candle where the open and the high is around the same point. A Doji candle formation typically represents uncertainty from traders and is being followed up with more bearish movements today. дальше »
2019-2-10 18:04 | |
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Bitcoin (BTC) May Have Surged, But Keep An Eye On $3,000
Crypto Trades Flat After Friday Pump One day ago, crypto investors en-masse awoke to a surprising sight. Bitcoin (BTC) was trading above $3,700, posting an 8% daily performance, while altcoins, especially Litecoin (LTC) found themselves up by dozens of percentage. дальше »
2019-2-10 23:00 | |
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Bitcoin [BTC] Price: Is the Bear Market Over?
The odds that the bear market for cryptocurrencies is over drastically increased yesterday. Litecoin which often acts as a leading indicator for price movements in Bitcoin recorded a double-digit percentage increase in price early in the day and this was followed with increases in bitcoin and to altcoins. дальше »
2019-2-9 17:29 | |
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Bitcoin Price: Investors HODL BTC at Support After Bearish Price Decline
After consolidating for the past two days, Bitcoin has made a bearish movement towards a key support level today. A drop below the support level at $3353 would likely result in price proceeding to form a new 2019 low. дальше »
2019-2-6 18:04 | |
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Coinbase Wallet Now Supports Bitcoin and Is Working on Support for Litecoin and Bitcoin Cash
Coinbase stated that it wants to create the leading user-custodied crypto wallet in its recent announcement that it is now supporting Bitcoin (BTC) on Coinbase Wallet. Siddharth Coelho-Prabhu from Coinbase wrote in a blog published Today that the Coinbase Wallet has added support for Bitcoin. дальше »
2019-2-6 17:49 | |
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Bitcoin Price Action – BTC Continues in a Range to Start the Week
Bitcoin continues in the range it has been trading in to start this week. Last week started with a bearish movement that brought price between support at $3353 and resistance at $3476. Today’s candle is currently forming a Doji. дальше »
2019-2-4 18:59 | |
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Fintech Experts Make Bitcoin Price Predictions, Say BTC Could Rise by 84% in 2019
According to a group of experts surveyed by Finder. com. au, Bitcoin could see a rise in 2019 with its price increasing by as much as 84% during the year. Bitcoin is currently trading just shy of $3,500, just over a year after reaching an all-time high of $20,000. дальше »
2019-2-4 17:49 | |
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Bitcoin [BTC] – Bearish End to Week as Price Fails to Overcome Resistance
Price started the week with bearish movements and is also finished the week with bearish movements. The week started with a bearish movement that brought the price below support at $3476. Price had since started recovering during the week but met resistance at $3476 and has dropped today as a result. дальше »
2019-2-3 17:59 | |
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Long-Term Bitcoin Bull: Likely That Crypto Market Hasn’t Bottomed Yet
Crypto Market Bottom Likely Isn’t In As Bitcoin (BTC) has found itself in the midst of a lull, as it’s held the $3,400 level over the past days and weeks, some optimistic cryptocurrency traders have claimed that the bottom is clearly in. дальше »
2019-2-3 04:00 | |
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Bitcoin Price Action – Is BTC Setting up for Another Significant Bearish Move?
There are warning signs on the weekly chart that Bitcoin could potentially be set up for another significant bearish move. Many analysts are monitoring the 200 simple moving average (SMA) which is often used to identify the direction of the long-term trend. дальше »
2019-2-2 18:19 | |
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Bitcoin Price: Doji Candle Forming for BTC Today
Bitcoin met resistance at $3476 during a brief recovery from the bearish start to the week. The price has since started to trade away from the $3476 resistance and is currently forming a Doji candle. дальше »
2019-2-1 19:04 | |
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Bitcoin [BTC] Price Action: Lower High Forms for Bitcoin
The cryptocurrency market experienced a brief recovery yesterday after starting the week with bearish movements. The market leader Bitcoin returns to bearish movements today after meeting resistance at $3476. дальше »
2019-1-31 18:44 | |
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Wrapped BTC Goes Live Bringing Bitcoin’s Liquidity to the Ethereum Ecosystem
Wrapped Bitcoin (WBTC), a Bitcoin-backed ERC20 token on the Ethereum blockchain has now gone live and is available for trading on several platforms and applications. Users Can Now Access More DApps With WBTC WBTC is the result of a joint venture by BitGo, Ren (formerly Republic Protocol), Kyber Network, and other community partners. дальше »
2019-1-31 03:59 | |
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Phishing Scam Hits LocalBitcoins, Clients Lose Funds
On January 26, 2019, clients of peer-to-peer bitcoin trading service LocalBitcoins were the targets of a phishing scam which resulted in the theft of a handful of bitcoins. дальше »
2019-1-31 18:40 | |
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Fidelity Could Be Planning to Launch Its Bitcoin Custody Service in March
Mutual-fund giant Fidelity is unnerved by the bearish performance of digital currencies in January 2019 and is eyeing a March launch date for its BTC custody service. The news was reported today by Bloomberg, who state they got the information from three people close to the matter. дальше »
2019-1-30 18:39 | |
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Bitcoin Trades Flat Following Yesterday’s Drop, Where is BTC Heading Next?
After an extended period of sideways trading, Bitcoin (BTC) experienced a large downwards swing yesterday that caused the cryptocurrency to break below it previously established support level in the low-$3,500 region. дальше »
2019-1-30 01:00 | |
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Bitcoin (BTC) Price Analysis: Channel Support Bounce, Next Targets
Bitcoin found support at the bottom of its descending channel on the 1-hour time frame and looks due for a pullback to the top. Applying the Fibonacci retracement tool shows the next potential resistance levels. дальше »
2019-1-29 04:16 | |
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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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Living on Bitcoin Day 7: A Supposedly Fun Thing I’d Definitely Do Again
This is the seventh instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 , onDay 4, on Day 5 and on Day 6. дальше »
2019-1-29 01:51 | |
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Andrew Poelstra Explains Why Bitcoin Is Different to Other Altcoins
Noting how altcoin promoters often call Bitcoin slow and old, Forbes recently reported on the interview of Blockstream mathematician Andrew Poelstra by Monero Talk’s Douglas Tuman. The interview focused on Bitcoin’s perception as a slow coin which does not have smart contracts or cheap transactions. дальше »
2019-1-28 21:49 | |
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Mystery Bitcoin Miners Are Altering Mining Pool Dominance
During the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a block. дальше »
2019-1-29 20:58 | |
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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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JPMorgan & Chase: Only Low-Cost Chinese Bitcoin Miners in Profitable Positions
Analysts at JPMorgan Chase & Co. are claiming that Bitcoin is no longer worth the cost to mine it — and only low-cost Chinese miners are in a winning position. The analysts at the American multinational investment bank and financial services company found that the production-weighted cost per bitcoin averaged just above $4,000 worldwide in Q4 2018. дальше »
2019-1-28 06:00 | |
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This Crypto Ransomware is Targeting Bitcoin (BTC) Mining Rigs in China
Bitcoin (BTC) miners in China are in a bind after a ransomware by the name of ‘hAnt’ has been targeting specific mining rigs such as the Bitmain’s Antminer S9, T9 and L3. The ransomware has also found its way into Avalon rigs. дальше »
2019-1-27 14:26 | |
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Bitcoin [BTC] Price Action: Bullish Movements After a Week of Consolidation
The price action of Bitcoin has formed a number of Doji candles this week. A Doji candle is a candle where the open and the close are around the same point and is representative of indecision in the market. дальше »
2019-1-26 17:24 | |
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Analyst: Bitcoin Halving Anticipation Could Lead to BTC Price Surge
Although the cryptocurrency markets have found some levels of support and stability around their current prices, many investors and analysts alike are looking towards future events that could potentially lead to a Bitcoin (BTC) price surge. дальше »
2019-1-26 01:00 | |
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Top 10 Cryptocurrencies: Price Predictions for 2019
Bitcoin [BTC] price analysis and prediction: A look at the Weekly chart for Bitcoin in logarithmic form shows that price is trading at $3600. Several similarities are noticeable between the 2014 “crash” and the 2018 one. дальше »
2019-1-25 20:29 | |
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One Fifth Of All Bitcoin Nodes Are Run From Germany
Germany has one of the highest concentrations of Bitcoin (BTC) nodes, as North America and Europe become prominent regions for securing the network against double spends. Data collected by cryptocurrency statistics site Bitnodes found that Germany accounts for just under a fifth of all reachable BTC nodes. дальше »
2019-1-23 20:02 | |
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Bitcoin [BTC] Analysis: Price Consolidates as Traders Show Uncertainty
The price of Bitcoin has been consolidating today around an important liquidity point. The daily candle is forming a Doji candle as a result. A Doji candle is a candle that has the open and closes around the same point. дальше »
2019-1-23 18:59 | |
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Bitcoin [BTC]’s Price Approaches Oversold Territory, a Short-term Rally Could Be Ahead
According to a new Bloomberg report, technical indicators are showing an upside rally for Bitcoin could be near as the coin appears to have bottomed out. The GTI Global Strength Technical Indicator suggests that the coin is currently near oversold levels, which could signal a good entry point for investors. дальше »
2019-1-23 16:29 | |
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Bitcoin: Bullish Price Movements for BTC After Brief Drop
Bitcoin had a brief drop below the support level at $3476 today to form a new low near $3400. Price quickly recovered back above the support level showing a rejection of prices below $3476 by traders and had since been recording more bullish movements. дальше »
2019-1-22 18:29 | |
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Ripple vs Bitcoin – XRP Mirrors BTC’s Price Action
The largest altcoin and penny cryptocurrency by market cap – Ripple’s XRP – mirrored the performance of the cryptocurrency market leader Bitcoin over the weekend. Both recorded bullish movements on Saturday but followed this up with more bearish movements on Sunday where the prices dropped to a key point of liquidity for both. дальше »
2019-1-21 19:04 | |
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Bitcoin [BTC] Price Analysis: Bear Flag Forming for Bitcoin
The week wrapped up with bearish movements yesterday for the cryptocurrency markets. Bitcoin recorded bullish movements on Saturday as it rose above a key resistance level at $3684. However, price failed to close above and fell back below before Saturday’s daily candle finished. дальше »
2019-1-21 18:34 | |
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Bitcoin vs Ripple Price Analysis: BTC and XRP Drop to Last Weeks Lows
The price of Bitcoin surpassed key levels during yesterdays trading creating a more bullish outlook. Many analysts were looking at $3840 as an area for its price to move to next. However, the bullish price action failed to follow up, and the price dropped back below the $3684 level. дальше »
2019-1-21 18:39 | |
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Ripple vs Bitcoin: BTC’s Price Outperforms XRP Over Past 7 Days
Bitcoin Price Analysis: Bitcoin has once again proven itself to hold its value the strongest among the top three cryptocurrencies in questionable market conditions. Bitcoin has outperformed both Ripple and Ethereum – the second and third-ranked cryptocurrencies by market cap – over the past seven days. дальше »
2019-1-19 19:29 | |
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Bitcoin (BTC) Darknet Transactions Doubled In 2018: Why This Is Bullish
Crypto Darknet Transactions Boomed In 2018 Since Bitcoin (BTC) burst onto the global stage in 2009, the cryptocurrency, known for its decentralized, immutable, censorship-resistant, pseudonymous, and borderless nature, has become a medium for transactions of all shapes and size. дальше »
2019-1-19 05:14 | |
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Bitcoin [BTC] Price Set to Retest Resistance Despite Other Top Cryptocurrencies Falling
Bitcoin has been proving once again that it holds its value best in questionable market times. Bitcoin price has been making movements back up to test $3684 despite other, major cryptocurrencies trading further away from significant levels. дальше »
2019-1-18 19:44 | |
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In Tether We Trust? USDT Still Dominant Stablecoin
Tether (USDT) remains the most popular stablecoin, accounting for more than half of all value moving from Bitcoin to fiat or fiat-denominated currencies in December. Has the sector gone back to bed with the original stablecoin? A recently published report by CryptoCompare, a cryptocurrency statistics source, found that Tether represents 75% of Bitcoin (BTC) trades […] The post In Tether We Trust? USDT Still Dominant Stablecoin appeared first on Crypto Briefing. дальше »
2019-1-18 18:56 | |
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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 [BTC]: Price Fails to Overcome Resistance
Bitcoin got off to a strong start to the week with an early surge on Monday. Price failed to follow up on this surge and met resistance at $3684 which was an important prior point of support. With price having retraced from the $3684 resistance level, Monday’s surge looks to have formed a lower high […] Bitcoin [BTC]: Price Fails to Overcome Resistance was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »
2019-1-16 18:24 | |
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Bitcoin [BTC]: Bullish Start to the Week for the Cryptocurrency Market Leader
Price action yesterday in Bitcoin got off to a bullish start for the week with price recovering from the last two days of losses last week. Last week BTC’s price underwent two major drops. дальше »
2019-1-15 18:19 | |
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Bitcoin Price Watch: Choppy Price Action Could Lead BTC Higher
Bitcoin price found support near $3,400 and later recovered above $3,660 against the US Dollar. There was a break above a key bearish trend line with resistance at $3,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-1-15 10:00 | |
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