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Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – March 20

Presently, the BTC price is trading at $3, 978.41 as at the time of writing. On the upside, if the 26-day EMA is holding the bulls will resume another bullish trend to retest the resistance level. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,800, $3,700, $3, 600 Yesterday, March 19, the […] дальше »

2019-3-20 09:31


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – March 18

The BTC price is trading at $4,056.90 as at the time of writing. The bulls fail to break the $4,200 price level as the crypto's price fell to the bearish trend zone. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,800, $3,700, $3, 600 Last week, the price of Bitcoin was in […] дальше »

2019-3-18 09:59


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Is Bitcoin (BTC) Bear Market Over? Here’s How Leading Advisors on Crypto Twitter Put It

Bitcoin is currently riding at $3,835 with 24-hours loss of 3.16 percent. Since last week at $3,400 on February 17th, Bitcoin has taken a hike of 22.5 percent. One of the strongest factors that are supporting the current bullish sentiments is the ongoing increase in trading volume. At the time of writing, Bitcoin trading volume […] дальше »

2019-2-24 21:50


Breaking: $15 Billion Wiped Out Of The Crypto Market In Less than 1 Hour

The Crypto Markets have been taking a bullish path but things seem to have changed in the last hour, the Market cap has dropped in a flash crash from $146 Billion to $129 Billion at Press Time. The Bitcoin price has seen a sharp decline from $4,200 to the current price of $3,850, the bears […] The post Breaking: $15 Billion Wiped Out Of The Crypto Market In Less than 1 Hour appeared first on ZyCrypto. дальше »

2019-2-24 18:20


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


Crypto Market Adds $5 Billion In Less Than 24 Hours, What’s Driving this Bullish Charge?

At press time the cryptocurrency market is outperforming in leaps and bounds, market structure has been looking highly promising with tokens and coins multiplying with gains overnight. The current state of the cryptocurrency market is taking a recuperating pattern, one that is quite different from the patterns of last week when coins were taking a […] The post Crypto Market Adds $5 Billion In Less Than 24 Hours, What’s Driving this Bullish Charge? appeared first on ZyCrypto. дальше »

2019-2-18 14:53