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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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Rootstock Celebrates A Year Of Milestones

January 3rd marks the birthday of a young digital currency. No, not that one. While most eyes are on the Bitcoin decennial, another cryptocurrency is also blowing out a candle. Rootstock, a smart contract side chain to the Bitcoin blockchain, celebrates its first anniversary today, marking one full year in the project to integrate Ethereum-like […] The post Rootstock Celebrates A Year Of Milestones appeared first on Crypto Briefing. дальше »

2019-1-4 21:39


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Markets Update: BCH and BTC Set to Post Record 5 Months of Consecutive Red Candles

Despite the short-lived rally leading up to Christmas, BTC appears poised to post a fifth consecutive red candle on the monthly chart for the second time ever. BCH also looks ready to extend its record bear streak to five months of red, while ETH appears poised to post a monthly gain for the first time […] The post Markets Update: BCH and BTC Set to Post Record 5 Months of Consecutive Red Candles appeared first on Bitcoin News. дальше »

2018-12-28 21:45


Ethereum [ETH]: Price Rebounded Right Back to Triple Digits, What Is Next?

A look at the Weekly chart for Ethereum in logarithmic form shows that price fell to the first mini-support area at $80 then quickly rallied to meet resistance at $160-$180. The candle for the week of 16-22 December is the largest bullish candle of the year and is accompanied by large volume as well (yellow […] Ethereum [ETH]: Price Rebounded Right Back to Triple Digits, What Is Next? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-27 14:49


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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


Bitcoin Price Analysis | November 8, 2018

Resistance levels: $6,509, $6,543, $6,609 Support levels: $6,439, $6,356, $6,286 BTC/USD Medium-term Trend: Bullish BTC is in a bullish trend on the medium-term outlook.  The Bulls return to the BTC market was noticed on October 31, when a strong bullish engulfing candle, formed at the $6,208 price level below the support level of $6,286 closed […] The post Bitcoin Price Analysis | November 8, 2018 appeared first on ZyCrypto. дальше »

2018-11-8 20:22


Bitcoin Cash (BCH) Daily Price Forecast – October 10

  BCH/USD Medium-term Trend: Ranging Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH still remains in consolidation in its medium-term outlook. $517.70 in the demand area was the low the cryptocurrency attained as the bearish pressure within the range continues before the end of yesterday session. The 4-hour opening candle at $520.50 […] дальше »

2018-10-10 21:01