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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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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Blockstream Chief Adam Back: Bitcoin (BTC) Price At $500,000 Is Plausible, Suggests Future Gold Flippening

Adam Back co-founder and CEO of Blockstream, seems very bullish about the future of Bitcoin (BTC). He said that it might be possible for Bitcoin to reach $500,000 dollars in the future. Since the beginning of the year, Bitcoin and other virtual currencies are in a bear trend that has severely affected the whole cryptocurrency […] дальше »

2018-11-22 18:13


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Stellar [XLM]: Possible Ascending Triangle?

On the 3-day chart, Stellar has been moving above strong support (green line) for the past 240 days. In early November we had the first bullish MA cross in more than a year (9-day SMA crosses 26-day SMA), but the price quickly hit resistance at both the cloud and the 100-day SMA on November 13 […] Stellar [XLM]: Possible Ascending Triangle? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-11-17 15:29


VanEck’s Chief Strategist Eyes Multi-Billion Dollar Investment in Bitcoin ETF

The launch of the first Bitcoin exchange-traded fund (ETF) could witness the space attracting as little as a few billion dollars, predicted Gabor Gurbacs. The director of Digital Assets Strategy at VanEck made the bullish prediction during an interview with CNBC Crypto Trader hosted by Ran Neuner, while explaining the possible outcomes from a successful. дальше »

2018-11-9 13:06


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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


EOS, Litecoin, Stellar Lumens, IOTA, Tron Technical Analysis: TVM Launch “Slow”, IOTA’s Dev Team 88 Sec Consensus Dominate

As altcoins prices fluctuate, out trade plans continue to hold true. While we remain bullish on most coins as EOS, Tron, Litecoin and IOTA, the latter shows promise. It all has to do with on chain development and with Roman simulation prove that it’s possible for the tangle to reach consensus within seconds and process. дальше »

2018-9-1 03:13


Bitcoin (BTC) Technical Analysis: Chart Formations Hint of Further Gains

A combination of bullish Bitcoin (BTC) news and candlestick formations hints of possible higher highs through Q3 2018. Overly, we remain bullish and this is despite the SEC stance. Regardless, it’s likely that Bitcoin (BTC) which is up nine percent for the week might continue trending higher towards $10,000 and later $11,800. News Highlights Wells […] дальше »

2018-7-30 19:35


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‘More Durable’: CFA Institute Bullish On Bitcoin As It Adds Crypto To 2019 Exams

Financial investment association CFA Institute has confirmed cryptocurrency and blockchain will appear in its global finance exams from 2019. ‘This Is Not A Passing Fad’ Speaking to Bloomberg, which describes the move as a possible “definitive sign that cryptocurrencies have arrived on Wall Street,” the examiner said it considers the crypto space as growing faster than any other, being “more durable” in future. дальше »

2018-7-17 13:00


Tron’s Dramatic Gain Indicates A Possible Bullish Reversal

It’s no secret that Tron (TRX) investors have gone through some turbulence these past weeks as the token went on a decline, even at some point dipping below the major support threshold of $0.04. However, Tron now seems to be garnering quite some support as it rises again, signaling a possible bullish run that could […] The post Tron’s Dramatic Gain Indicates A Possible Bullish Reversal appeared first on ZyCrypto. дальше »

2018-7-1 00:17


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Bitcoin [BTC] Price Analysis (29/06/18) – Bullish Breakout Possible From Low Volatility Channel

There has been a lot of talk about Bitcoin’s bearish performance this year, with people wondering how long this downtrend can continue. Traders/investors are not helped by a constant stream of different conflicting high-profile opinions: Jordan Belfort (Wolf of Wall Street) – “Just the beginning of the end. дальше »

2018-6-29 17:24