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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27


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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


Survey: 9% Of Britain Millennials Own Bitcoin (BTC)

93% Of Brits May Have Heard Of Bitcoin, But Only 4% Own BTC In spite of the crypto market’s dismal performance in 2018, a post-mortem report from YouGov, an international market data analytics corporation, has revealed that upwards of 93% of Brits have heard the good name of Bitcoin (BTC), even though it has been […] The post Survey: 9% Of Britain Millennials Own Bitcoin (BTC) appeared first on Ethereum World News. дальше »

2018-11-11 03:00


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Why An SEC Announcement Is What Stands Between Bitcoin (BTC) and a $7,200 Price Value

From the onset of this article, I would like to let the reader know that I am not a Technical Analysis expert. Any further opinion in this piece is based purely on fundamentals and observations. Therefore, looking at the performance of BTC since the expiration of last month’s CME Bitcoin Futures contracts on the 26th […] The post Why An SEC Announcement Is What Stands Between Bitcoin (BTC) and a $7,200 Price Value appeared first on Ethereum World News. дальше »

2018-11-7 14:24


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Ripple’s XRP Initiates Bull-Run: Returns Above $0.5000

Following Bitcoin Cash’s [BCH] very successful weekend performance concluding the week with over 30 percent increase, it is XRP’s turn to take the cryptocurrency’s market wheel. Read:  Bitcoin Cash [BCH] Stellar Performance Leaving Leading Coins [XRP ETH BTC] in Dust or Bitcoin Cash (BCH): More than Just Hard Fork Hype? The speedy coin, ranked third largest […] The post Ripple’s XRP Initiates Bull-Run: Returns Above $0.5000 appeared first on Ethereum World News. дальше »

2018-11-6 06:03


Tron’s TRX Blockchain Transactions Now Outpace BTC, ETH And XRP With Daily Performance

The Tron Mainnet entered the cryptocurrency world at the end of May, and they have been functioning without any problems since they launched the Genesis block soon after. Accounts have continued to accrue since then, now boasting over half a million users, so it should not come as a shock that they have been surpassing […] дальше »

2018-10-28 09:19


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31


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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29


Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27


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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies. дальше »

2018-8-25 00:42


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Bitcoin Cash Development is a Ghost Town, GitHub Data Reveals

Bitcoin Cash continues to receive criticism of its network setup as bitPico’s “stress test” unearths what the group describes as possible “fake decentralization. ” Empty Blocks, No Activity Data harvested from GitHub repositories for both Bitcoin (BTC) and Bitcoin Cash (BCH) has caused the latest in a series of stark contrasts of network performance to surface on social media in recent weeks. дальше »

2018-7-17 03:00


Crypto markets are on an upswing today, July 16, as data from Coin360 shows, with Bitcoin reclaiming the $6,600 price point. Today’s notable market growth is likely bolstered by news that the $6.3 trillion asset management heavyweight BlackRock

Crypto markets are on an upswing today, July 16, as data from Coin360 shows, with Bitcoin (BTC) reclaiming the $6,600 price point. Market visualization from Coin360 Today’s solid market gains are poised to turn around negative momentum that has thwarted price performance since market descent that began July 10. Bitcoin is trading around $6,607, up дальше »

2018-7-16 19:45