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Why a trader says a Bitcoin bottom is close, based on a key technical structure
Scott Melker, a cryptocurrency trader and the author of The Wolf Den Newsletter, believes a short-term Bitcoin bottom is close. The post Why a trader says a Bitcoin bottom is close, based on a key technical structure appeared first on CryptoSlate. дальше »
2021-1-28 20:15 | |
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Bitcoin Price Weekly Close Above $11,500 Would Be First in Nearly 18 Months
Bitcoin price throughout 2018 was locked in a bear market and downtrend that ultimately took the price of the first-ever crypto asset to its bottom at $3,200. But during the almost 8 months of 2019, Bitcoin has been in an uptrend and is preparing to enter a bull market. дальше »
2019-8-8 23:00 | |
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Bitcoin [BTC]: Vinny Lingham claims BTC is in ‘recovery phase since the $3,100 bottom’
Bitcoin [BTC]’s recent rally had caused a lot of people involved in the cryptocurrency space to speculate that the bear market had come to a close and that a new bull run was on the horizon. This sentiment received a blow when on May 16, the world’s largest cryptocurrency dropped by 20 percent from its […] The post Bitcoin [BTC]: Vinny Lingham claims BTC is in ‘recovery phase since the $3,100 bottom’ appeared first on AMBCrypto. дальше »
2019-5-17 11:30 | |
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Bitcoin Price Will Triple to $20,000 by 2021: Investment Bank Canaccord
By CCN: Bitcoin is 2019’s best-performing asset thanks to the massive rise in the price of the cryptocurrency, and a growing chorus on Wall Street proclaims that BTC’s terrific momentum won’t be dying out anytime soon. дальше »
2019-5-12 00:30 | |
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Bitcoin Price Won’t See New Lows – Mike Novogratz is 85% Sure
By CCN: As Bitcoin looks to eke out the highest daily close since 2018, crypto market sentiment is getting more and more bullish. Recently, CCN noted that technical analyst Willy Woo believes that there’s only a 5% chance the Bitcoin price hits a new low during the current market cycle. дальше »
2019-4-23 00:55 | |
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Bitcoin Price Goes 123 Days Without New Lows, Bull Market Ahead?
Bitcoin investors are ready to call $3,100-area a bottom as the cryptocurrency continues its upward trend. The Rythm Trader noted that bitcoin had gone 123 days without posting fresher lows, which brought up its total gains since December close to 65 percent. дальше »
2019-4-18 17:34 | |
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Crypto Analyst: Break of Current Bitcoin Resistance Will Commence Bull Run
The recent Bitcoin rally through months-long resistance at $4,200 has re-ignited the crypto market’s bullish fervor. After nearly a year and a half of bear market, a potential bottom may be in and it’s causing bulls to become more confident that the worst is behind us and a new bull run is close to starting. дальше »
2019-4-10 03:01 | |
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Cardano (ADA) Price Prediction: Is ADA Targeting Higher Prices?
Long-Term Outlook A look at the Weekly chart or ADA shows that the price is facing close resistance from the 50-period moving average. The past six weekly candles have been bullish and the current one is a bullish engulfing. дальше »
2019-3-31 15:45 | |
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Crypto Market Sees Investments From Large Firms in Different Sectors, $175M and $100M Funds
The cryptocurrency market is in a bear trend that seems not to have an end. Since December 2017, Bitcoin lost more than 80% of its value and it remains close to the bottom. However, there are some firms that are starting to place their funds in the market and are helping the space to be […] дальше »
2019-3-29 03:30 | |
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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support
Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »
2019-3-29 02:21 | |
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Tezos [XTZ] Price Analysis: Has Tezos Began a New Long-Term Uptrend?
Long-Term Outlook A look at the Weekly chart for XTZ shows that the price made a temporary bottom near $0. 4, close to where price opened in July 2018. Since then, it initiated an upward move which took it above the 10 and 21-period moving averages, which are very close to making a bullish cross. дальше »
2019-3-28 12:04 | |
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TRON Price Prediction: Another TRX Breakout Attempt Was Unsuccessful
Long-Term Outlook A look at the Weekly chart for TRX shows that the price is trading between the 21 and 50-period moving averages. It has found support above the 21-period MA. It made a bottom near the support area at $0. дальше »
2019-3-26 14:59 | |
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Here’s Why Litecoin Price Has Been Surging Since December 2018
The cryptocurrency market was in a long bearish stretch until all the top assets located their short bottom in December last year. Litecoin was one among them. On December 12, the Litecoin’s dollar valuation touched its yearly low at $23. дальше »
2019-3-26 14:58 | |
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Cardano [ADA] Price Prediction: Is ADA Aiming For The Moon? Price Rises for the 5th Consecutive Week
Long-Term Outlook A look at the Weekly chart or ADA shows that the price is facing close resistance from the 40-period moving average. The past four weekly candles have been bullish, and the current one is a bullish engulfing. дальше »
2019-3-24 13:54 | |
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Tron [TRX] Price Prediction: A Breakdown Looks Inevitable
Long-Term Outlook A look at the Weekly chart for TRX shows that the price is trading between the 21 and 50-period moving averages. It has found support above the 21-period MA. It made a bottom near the support area at $0. дальше »
2019-3-19 17:38 | |
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Cardano Price Prediction: Is an ADA Price Increase To Be Expected In The Future?
Long-Term Outlook A look at the Weekly chart or ADA shows that the price has just moved past the 21-period moving average which had been offering close resistance to the price since April 2019. The past four weekly candles have been bullish. дальше »
2019-3-17 15:29 | |
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TRON Price Prediction: TRX Is Nearing the End of the Symmetrical Triangle
Long-Term Outlook A look at the Weekly chart for TRX shows that the price is trading between the 21 and 50-period moving averages. It has found support above the 21-period MA. It made a bottom near the support area at $0. дальше »
2019-3-12 16:39 | |
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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 | |
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Infamous Bitcoin Price Forecaster Thomas Lee Says BTC Will End 2019 Higher Than $3,900
Thomas Lee, the CEO of Fundstrat Global Advisors said that Bitcoin (BTC) is going to end 2019 above $3,900. Bitcoin has been traded sideways during the last few months between $4,200 and $3,300, and experts and analysts are trying to understand whether we are close to a bottom or if it is possible for Bitcoin […] дальше »
2019-2-24 22:12 | |
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Stellar Price Prediction: Did XLM Finally Make a Bottom at $0.07 and Are We Going to Move Past $0.1?
Long-Term Outlook A look at the Weekly chart for XLM / USD in logarithmic form shows that price is trading above the support area of $0. 06/$0. 07 created by the highs of April 2018. Price has created a small amount of bullish divergence with the RSI. дальше »
2019-2-23 14:19 | |
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Will Today’s Price Surge Act as a Signal For Crypto Market’s Bottom?
The current price of Bitcoin is $3862 (Bitmex Pricing), with 24 hour volume leveling at 9. 9 billion USD. Bitcoin’s price has increased by roughly 6. 6% since yesterday’s daily close; its volume has increased by ~35%. дальше »
2019-2-19 01:29 | |
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Bitcoin Price Analysis: $4000 in Sight After Last Week’s Bullish Move
As Bitcoin price finished the week with a strong move to the upside, we take a look at what this means for the Bulls and Bears heading into the week. Weekly Chart Bitcoin price closed the week at $3,650 (+6. дальше »
2019-2-11 17:00 | |
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Prominent Analyst Identifies Bitcoin Buy and Accumulate Zones
Bitcoin price predictions have been coming thick and fast over the past couple of months as analysts and investors attempt to foresee when the bottom will be in. This serves as the best buying opportunity but very few traders get it exactly right so getting close should be good enough. дальше »
2019-2-6 12:00 | |
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3 Charts Suggesting Bitcoin Price May Be Bottoming
In February 2019, Bitcoin transaction metrics are giving stronger hints than ever that the cryptocurrency is close to the bottom of its latest bear cycle. Bitcoin’s Familiar Moves Data from Blockchain, tracking the number of unspent transaction outputs (UTXOs), confirmed transactions by day and exchange volumes in USD for Bitcoin, reveals lows not seen since 2017. дальше »
2019-2-5 19:00 | |
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Dow Blasts Higher While Bitcoin Endures Painstaking Search for a Bottom
A defiant US stock market opened to significant gains on Tuesday, brushing off bearish portents about declining corporate earnings. Bitcoin, meanwhile, continues to endure a painstaking search for a bottom as it seeks to bring its longest-ever bear market to a definitive close. дальше »
2019-2-5 17:40 | |
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Ethereum Price Prediction: Did We Reach the Bottom or Is There Another Drop in Store?
Long-Term Outlook: A look at the Weekly chart for Ethereum in logarithmic form shows that after breaking down through the $180 support, the price is trading at $109, below the 7,21,50 period moving averages and the Ichimoku cloud. дальше »
2019-2-3 16:44 | |
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Bitcoin (BTC) Price Analysis: Channel Support Bounce, Next Targets
Bitcoin found support at the bottom of its descending channel on the 1-hour time frame and looks due for a pullback to the top. Applying the Fibonacci retracement tool shows the next potential resistance levels. дальше »
2019-1-29 04:16 | |
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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: Strong Impulse Tests Macro Support Levels
Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10% in the span of just a few short hours:Figure 1: BTC-USD, Hourly Candles, 11% DropNot only did this move occur on high spread, it occured on high volume. дальше »
2019-1-12 02:21 | |
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Prominent Analyst Claims Bitcoin Could be Very Close to Long-Term Bottom
Following yesterday’s market surge most cryptocurrencies have continued to rise, and Bitcoin has now surged above $4,000. Whether or not the markets can extend their upwards momentum long-term is very important for reversing the persisting bear market. дальше »
2019-1-7 00:00 | |
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Why Analysts Forecast Bullish Ethereum (ETH) Price Surge Before the Constantinople Hard Fork
After weeks in which virtual currencies were falling and reaching new lows in more than a year, it seems that analysts are changing opinion about Ethereum (ETH). Since it reached a bottom a few weeks ago, close to $82, Ethereum almost doubled its price and it remains bullish for the future. Why did the sentiment […] дальше »
2019-1-5 20:39 | |
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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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NEO: Is a Rally Coming, or Is Price Going to Continue the Fall?
A look at the Weekly chart for NEO shows that price fell from the long-standing support area of $18-22 and is now trading at around $7. Price dropped all the way to $5, coming close to the bottom achieved in late October 2017 at $3. дальше »
2018-12-27 13:19 | |
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Bitcoin Bounces above $4,000 as Santa Rally Brings Relief to Markets: BTCManager’s Week in Review
The price of bitcoin rallied by over 20 percent to close the week above the $4,000 thanks to a “Santa Rally ahead of Christmas. After weeks of red markets, this rally provided some relief to crypto investors as the market seems undecided on whether it wants to find a new bottom or rally into the new year. дальше »
2018-12-25 00:00 | |
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Most Cryptos Very Close to the Bottom Says This Week’s Technical Analysis
The weekly Crypto Technical Analysis is provided by Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Needless to say, all statements and views expressed below and any forecasts contained herein are solely based on. дальше »
2018-12-12 19:29 | |
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Cryptojacking: 415,000 Routers Infected with Cryptocurrency Mining Malware Globally
While the price of bitcoin has nearly hit rock bottom from its $20,000 all-time-high of 2017, the bloodbath has not deterred bad actors from carrying out cryptojacking attacks. According to a Digital Trends report on December 4, 2018, rogue actors have installed crypto mining malware on 415,000 MikroTik routers globally. дальше »
2018-12-7 22:00 | |
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Prominent Analyst: Crypto “Very Close” To Finding Bitcoin (BTC) Bottom
Crypto Analyst: Bitcoin Cash Hard Fork, Regulatory Qualms Have Been Bearish Catalysts Naeem Alsam, a crypto-friendly contributor to Forbes and the Chief Market Analyst at ThinkMarkets, recently sat down with CoinTelegraph in the outlet’s “Time To Buy Bitcoin [BTC]?” exclusive to discuss his opinions on the market, and where BTC could potentially bottom. дальше »
2018-12-4 07:00 | |
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Nobody Panic! Bitcoin Plummet Prompts Reassurance from Crypto Pundits
Bitcoin has dropped close to 30% in November and is hinting more losses. But many prominent crypto figures believe the digital currency will recover one way or another. CNBC Crypto Trader Ran Neu-Ner said that the crypto market is at most bearish not in a full-fledged panic mode. дальше »
2018-11-20 16:30 | |
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If Facebook’s new auto-comment feature isn’t rock bottom, it has to be close
It’s been two tumultuous years. Still, it’s highly unlikely we’ve witnessed the moment Facebook hit bottom. A new feature, spotted by some users this morning, though, may offer a clue as to what that moment could look like. дальше »
2018-11-20 07:50 | |
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Bitcoin Technical Analysis: A Comprehensive Review of The Weekly Chart
The Cryptocurrency market closed on a high last week with all major cryptos finishing the week on a relative high. A reasonably strong close for the first week of November has many analysts once again facing the question if the bottom is in. дальше »
2018-11-6 06:00 | |
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Bitcoin (BTC): How Will Hodlers Cope With Bullish Pressure?
Chart for BTC/USD (1W) Bitcoin (BTC) hodlers have held on to their horses during the bear trend. They have refused to give in to market pressure. In fact, most hodlers are holding at more than 70% losses. дальше »
2018-10-10 17:00 | |
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Bitcoin (BTC) May Never See $6,000 Again
Chart for BTC/USD (1W) Bitcoin (BTC) is finally out of the woods. The above weekly chart for BTC/USD shows that Bitcoin (BTC) has formed a weekly candle above the historical downtrend line. This is the first time since January 2018 that Bitcoin (BTC) has breached this resistance line and formed a candle above it. дальше »
2018-10-10 00:30 | |
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‘Bitcoin Price to Hit $10,000 this Year, Now Close to Bottom,’ Says Spencer Bogart
On Friday, a partner at crypto-focused venture capital firm Blockchain Capital said that the Bitcoin price has nearly found its bottom, and soon, we will see the next bullish momentum. The post ‘Bitcoin Price to Hit $10,000 this Year, Now Close to Bottom,’ Says Spencer Bogart appeared first on CoinSpeaker. дальше »
2018-10-8 10:52 | |
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Bogart: Bitcoin is Close to Bottoming Out
Spencer Bogart says Bitcoin is close to bottoming out. Bogart, a partner at Blockchain Capital, believes the top-ranked cryptocurrency will soon begin to manifest another bull run based on the many recent positive developments occurring in the industry. дальше »
2018-10-7 02:00 | |
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