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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


Crypto Professionals Predict $2,400 Bitcoin Bottom, Expect Infrastructure To Spark Bull Run

Individual investors have long struggled to predict movements in any market. While there are some talented investment geniuses out there, like Warren “Oracle of Omaha” Buffet, common Joes and Jills (and even some Wall Streeters) by and large struggle with determining where the stock market, let alone crypto assets, like Bitcoin (BTC), could head next. дальше »

2019-2-28 15:06


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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


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


Bitcoin Surges Nearly 10%, Analyst Claims BTC Likely to Target Mid-$4,100 Region Next

Following an extended period of sideways trading for Bitcoin (BTC), it finally made a large upwards move and is now facing some levels of resistance around its current price. Bitcoin’s upwards swing today has allowed the entire cryptocurrency market to surge and represents the market’s second upwards price swing in the past couple of weeks. дальше »

2019-2-19 01:00


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


Mike Novogratz: All the Big Macro Funds Should Hold at Least Small Percentage in Bitcoin

CoinSpeaker Mike Novogratz: All the Big Macro Funds Should Hold at Least Small Percentage in Bitcoin Mike Novogratz, the chief executive of the TSX-listed Galaxy Digital, made a surprising remark that came straight out of left field saying that he doesn’t understand why large macro funds don’t have a 1% position in Bitcoin (BTC). дальше »

2019-2-11 11:51


Google Gets in Bed with Bitcoin (BTC), Ethereum (ETH) and Ripple’s (XRP) Blockchain via BigQuery

Allen Day is one of those types that is well-equipped for a world that is increasingly online more than off. as a senior data scientist, and creator of a large number of tools that are now commonly put into practice by Google, he saw something particularly interesting taking place on the Ethereum Blockchain. While there […] дальше »

2019-2-6 07:19


Analyst: Bitcoin (BTC) May be Gearing up for a Large Price Move as Volatility Plunges

Ever since Bitcoin (BTC) dropped below its previous support level of $3,550 last week, the cryptocurrency has been experiencing a bout of sideways trading at its current price levels. Bitcoin’s recent price action seems to confirm $3,500 as a new level of resistance, but it has also established $3,400 as a level of support that. дальше »

2019-2-6 01:00


As Bitcoin Enters its Longest-Ever Bear Market, Analysts Expect BTC to Make a Large Move in Near-Future

After experiencing increased levels of volatility last week, Bitcoin (BTC) endured the weekend without any major price moves and has so far experienced a relatively involatile Monday. Recently, Bitcoin entered its longest-ever bear market, and investors and analysts alike are keen on speculating on when it will finally reach a price point with enough buying. дальше »

2019-2-5 01:00


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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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BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year

Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75. дальше »

2019-1-24 05:00


Bitcoin (BTC) Whales Breach: Crypto Market Tumult Ahead?

Bitcoin (BTC) Long-Term Holders Rise Are Rising From Their Slumber Like the ocean, whales rule the proverbial Bitcoin (BTC) sea. Crypto’s blue whales, who hold millions, if not billions of dollars worth of cryptocurrencies, can instantly change this nascent ecosystem, whether it be through issuing orders or moving large sums around, specifically to spark investor interest […] The post Bitcoin (BTC) Whales Breach: Crypto Market Tumult Ahead? appeared first on Ethereum World News. дальше »

2019-1-13 02:05


Bloomberg: Bitcoin (BTC) Technicals “Flash Buy” As Crypto Recovers

Bitcoin (BTC) Technical Indicators Turn Bullish It’s 2019, and it seems that prospects are already looking bright for Bitcoin and the cryptocurrency market at large. According to a recent article posted by Bloomberg’s Vildana Hajric and Reade Pickert, a number of technical indicators/signals have begun show bullish signs, after a multi-month lull in crypto valuations. дальше »

2019-1-3 03:00


Bitcoin (BTC) Retests $4,000 In Slightly Green Crypto Market

Crypto Market Experiences Green Week For Once Finally, after a multi-month downtrend, the crypto market at large breathed a sigh of relief over the past days. In one week, Bitcoin (BTC) has found legs to run on, moving from a year-to-date low at ~$3,150 to a multi-week high of ~$4,225 on the back of an […] The post Bitcoin (BTC) Retests $4,000 In Slightly Green Crypto Market appeared first on Ethereum World News. дальше »

2018-12-23 03:45


Caleb and Brown Crypto Broker CEO Says Financial Advisors Are Buying Bitcoin (BTC) in Bulk

It seems that the bear market in the cryptocurrency space is a good opportunity for investors and financial advisors to purchase virtual currencies. According to the CEO of Caleb and Brown, one of the largest crypto brokerage services in Australia, financial advisors are purchasing large amounts of Bitcoin (BTC). Caleb and Brown, which was founded […] дальше »

2018-12-20 19:38