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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: Will Bitcoin Bite Back?

Now that the Bitcoin Cash hard fork is complete, will Bitcoin bounce back from a $1,200 loss? Market Overview Yesterday’s 8% move from $5,188 to $5,700 was nice but does the King of Cryptocurrencies have any other cards up its sleeve? At the moment bull volume is nearly non-existent and as the weekend approaches it could taper even further so barring some positive breaking news, bitcoin (BTC) seems set to trade in the current range Read More The post Bitcoin Price Analysis: Will Bitcoin Bite Back? appeared first on Bitcoinist.com. дальше »

2018-11-17 07:00


Bitcoin [BTC] Continues to Trade in Range Since Monday’s Drop

Since Mondays 3% drop, Bitcoin has started to trade in a range once again. Prior to Monday’s drop, Bitcoin traded a tight range for around two weeks with low amounts of trading volume. The trading volume over the past two days have also been low and current price action is looking very similar to the […] Bitcoin [BTC] Continues to Trade in Range Since Monday’s Drop was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-10-31 17:24


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


Signs That The Bears Are Taking Over Bitcoin

After the market crash on Thursday, the future of a further drop in Bitcoin seems to be a bit brighter according to CoinDesk. The biggest digital currency in the world has been staying relatively steady over the past month but on Thursday there was a massive drop bringing the price down below the $6,500 mark and to the $6,200 level confirming a range breakdown. дальше »

2018-10-13 21:30


Bitcoin Price Analysis: The Bears Are Struggling to Take BTC Below $6k, But That Might Not Happen

Resistance levels: $6,759, $7,363, $8,075, Support levels: $6,118, $5,858, $4,800 BTC/USD Medium-term Trend: Bearish The cryptocurrency is bearish in its medium-term. Before the bearish trend, which took place between yesterday and today the price of Bitcoin had been range bound between the resistance levels of $6,759 and support level of $6,118 in the last 30 […] The post Bitcoin Price Analysis: The Bears Are Struggling to Take BTC Below $6k, But That Might Not Happen appeared first on ZyCrypto. дальше »

2018-10-11 19:07


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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