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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Analysts Believe Bitcoin’s Extremely Low Volatility Levels and Stability is Huge Plus for BTC’s Future Run

A whole lot of economists tend to agree on the fact that Bitcoin is one of the world’s all -time fastest rising financial assets. This is partly due to its speculative nature as well as the currency’s intrinsic design— which allows the flagship cryptocoin to be deployed within a host of different industrial domains. With […] дальше »

2019-3-29 00:44


Bitcoin Price News Week in Review: All the Top BTC Predictions in One Summary

Bitcoin (BTC) Weekly Recap: Price Predictions, Future Trends and Much More from the Crypto Community Welcome to this week's Bitcoin Price news recap. Here is the place we share all of the latest BTC value forecasts and analysis from the most reputable and known community contributors in the crypto space. After crossing the all important […] дальше »

2019-3-23 19:42


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Crypto Community Consensus: Bull Market Won’t Arrive if Bitcoin (BTC) Price Doesn’t Clear $4,600

During the last few days, Bitcoin (BTC) and digital currencies behaved in a positive trend compared to previous weeks and months. Thus, there are several individuals that are very excited about the future of the space and how Bitcoin will be evolving in the upcoming days. However, there is a trader that says that the […] дальше »

2019-3-16 19:06


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


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TRON CEO: Bitcoin Holds Greater Promise for Younger Generation of Investors

Justin Sun believes that Bitcoin (BTC) and other cryptocurrencies have the potential to create opportunities for the younger generation of investors. TRON’s CEO also implied that critics of Bitcoin and other cryptocurrencies were focused on the business side of things rather than the more profound technological implications virtual currencies provide within the emerging digital economy. дальше »

2019-3-14 16:00


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


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eToro Launches Crypto Trading Platform and Wallet in the US

Social trading and multi-asset brokerage company eToro has officially launched its crypto trading platform and wallet in the US, allowing customers from 32 states and US territories to trade 13 cryptoassets, including BTC, ETH, LTC, XRP, DASH, BCH, XLM, Ethereum Classic, NEO, EOS, ADA and Zcash, with more to be added in the near future, […] The post eToro Launches Crypto Trading Platform and Wallet in the US appeared first on Coinjournal. дальше »

2019-3-8 22:37


Lighten Up Your Monday with 10 Bitcoin Believer Bull Calls on the Bright Future of BTC’s Value

As is clear for everyone to see, over the past couple of years, digital assets have gained mainstream acceptance across the globe — especially in a number of Asian and European nations. As a result of this, a plethora of well-known individuals from the world of finance, digital tech, and R&D have started to support […] дальше »

2019-3-4 19:56


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Max Keiser: Fed’s ‘Permanent QE’ Flipped Bitcoin Price Bullish (Interview)

Max Keiser shares his thoughts with Bitcoinist on JPM Coin, Warren Buffet’s anti-Bitcoin comments, and what ‘permanent QE’ means for BTC price in the future. Max Keiser: JPM Coin a ‘Hot Steaming Pile of Dog Crap’ Bitcoinist: Are your surprised that JPMorgan revealed its JPM Coin after bashing Bitcoin for years? Max Keiser: JP Morgan is years behind and may never catch up in the cryptocurrency space. дальше »

2019-3-2 20:00


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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology. дальше »

2019-3-1 19:43


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Pension Funds Investing in Cryptocurrencies has Very Bullish Importance for the Bitcoin Market

Bitcoin (BTC) has surpassed $4,000 a few days ago and the market seems to be very positive for the future of the space. According to Peter Tchir, an experienced trader, this positive sentiment in the crypto market is also related to pension funds starting to invest in virtual currencies. According to him, the first story […] дальше »

2019-2-24 22:18


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23