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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


Bitcoin (BTC) Daily Price Forecast – January 18

BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,500, $3,400, $3, 300 Yesterday, January 17, the price of Bitcoin was in the bullish trend zone. The bulls were in control as they broke the 12-day EMA , the 26-day EMA and reached the bullish trend zone. Yesterday, the crypto’s price reached the […] дальше »

2019-1-18 08:51


Bitcoin (BTC) Daily Price Forecast – January 11

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,600, $3,500, $3, 400 Yesterday, January 10, the price of Bitcoin was in the bullish trend zone. The BTC price fell yesterday because the price of Bitcoin failed to break the $4,200 price level. In addition, the bears broke below the 12-day EMA , […] дальше »

2019-1-11 08:36