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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


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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


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Putin to Buy Oil with a Cryptocurrency? Is This a Smoke-Screen or a New Era in Financial Geopolitics?

“We need a balanced, fair and diverse system where the dollar plays an important role, but that is not used as a mechanism of coercion against the people because it... The post Putin to Buy Oil with a Cryptocurrency? Is This a Smoke-Screen or a New Era in Financial Geopolitics? appeared first on Trustnodes. дальше »

2018-12-9 19:50


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28


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Tokyo travelers can now rent a limousine with Bitcoin

Tokyo has taken another step towards cryptocurrency “mass adoption,” and will be giving high-rollers another place to spend their hodlings. The Hinomaru Limousine company claims it will be giving passengers the opportunity to pay for their travel – between the Japanese capital and the city’s two major airports – in digital currencies, Bloomberg reports. дальше »

2018-11-5 14:20


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


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The Daily: Coinbase Launches Bundles, Coinswitch Supports Trading Without Account

Crypto exchange Coinbase will present its clients with the option to buy bundles of multiple cryptocurrencies and access useful information about leading digital coins. Also in The Daily on Friday, users of exchange aggregator Coinswitch can now take advantage of the best rates across multiple platforms without the need to create an account, Neo launches […] The post The Daily: Coinbase Launches Bundles, Coinswitch Supports Trading Without Account appeared first on Bitcoin News. дальше »

2018-9-28 16:28


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Check Out If You Can Spend Bitcoin Before You Book Your Next Holiday

Buying your travel money can be a bore, what if you don’t actually need to buy any? What if your next holiday destination is saturated with stores that accept Bitcoin and of course, Bitcoin ATMs? It’s probably worth checking out before you travel, right? Now you should probably note that if you’re traveling to a remote location, like a small Greek island or a Caribbean retreat, Bitcoin acceptance may be a little lower than you would like, therefore this guide is more suited to those travellers who are off on city breaks, where Bitcoin acceptance is likely to be at an all time high. дальше »

2018-9-28 11:30