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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 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


Cardano (ADA) Leads Bullish Charge, Is The Market Sobering?

The market is green again. Since the market rallied during the weekend, bulls have remained adamant and are not allowing bears any room to take over again. Could this be a sign that the market is finally sobering up? For the past four weeks, the market has been stumbling and falling and for some time, […] The post Cardano (ADA) Leads Bullish Charge, Is The Market Sobering? appeared first on ZyCrypto. дальше »

2018-12-13 20:08


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The Crypto Community Strikes Back; Bitcoin Moves Back Above $4,000 and Other Cryptos Follow

On November 29, Bitcoin continued its upward move as it breached $4,300. The cryptocurrency had previously gone to 14-month lows, declining by over 30% in just seven days. However, since the middle of this week, trading has been more bullish helping the cryptocurrency find its footing again in the market. дальше »

2018-11-29 15:14


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Democrats Victories in California, Colorado Gubernatorial Elections Good for Bitcoin

At a time when the bears have the upper hand in the cryptocurrency markets, the recent victories for blockchain and crypto loving political candidates in the recently concluded 2018 midterm elections within California and Colorado could be the much-needed catalyst for another bullish rally soon, reported ETF Trends, on November 7, 2018. дальше »

2018-11-9 06:00