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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


Could Central Banks Possibly Drive Up The Price of Bitcoin?

For more than a year, Bitcoin has seemed pretty stuck as it seems to hold steady without making any major breakthrough. In fact, the all-time high price of $19,783.06 that the sector saw in December of 2017 is looked back upon with so much longing, leaving people wondering whether there’s any chance at all that […] The post Could Central Banks Possibly Drive Up The Price of Bitcoin? appeared first on ZyCrypto. дальше »

2019-3-26 17:08


You are probably thinking, that should be Bitcoin (BTC), right? Well, it’s possible considering its network effect. However, there are lots of factors that could play in the favor of little Digibyte (DGB), and transform it into a mega crypto that could dominate them all. дальше »

2019-3-27 13:36


New Crypto Market Research Reveals True Bitcoin (BTC) Dominance Could Be 80% with Liquidity Metric

The metrics of Bitcoin are complicated, but there are a few factors that any investor understands – price, circulating supply, and market cap. Market dominance is a little more complex, but it is just the percentage of the total market cap of all cryptocurrencies with how much of the portion BTC holds. However, Bitcoinist recently […] дальше »

2019-3-23 07:14


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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


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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


Dow Futures Plunge 200 Points while Fed Chair Powell Claps Back at Trump

The Dow stands poised to suffer a sixth-consecutive loss ahead of Monday’s opening bell, with the US stock market bellwether enduring a triple-digit beating in the futures markets. All fingers are pointing to Boeing as the source of the index’s woes, but Federal Reserve Chair Jerome Powell’s comments about President Donald Trump in a 60 Minutes interview could have far more impact over the long-term. дальше »

2019-3-11 15:55


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


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The Day Is Coming When Businesses Will Laugh at You If You Don’t Use Bitcoin: Tim Draper

One of the most vocal Bitcoin evangelists out there, Tim Draper is never shy of making bold predictions about the future of digital assets. Sure, not all of his recent predictions have hit the bull’s eye, but let’s not forget that he was one of the few industry heavyweights who could see Bitcoin hitting $10k […] The Day Is Coming When Businesses Will Laugh at You If You Don’t Use Bitcoin: Tim Draper was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-3-8 16:59


Eastern Caribbean Central Bank (ECCB) to Trial Blockchain-based CBDC Cryptocurrency as Legal Money

The Eastern Caribbean Central Bank (ECCB) https://www.eccb-centralbank.org, the central bank for the Eastern Caribbean dollar, has announced its set to launch a pilot for a distributed ledger technology (DLT) powered central bank digital currency and could proceed to adopt it as a legal tender in 2020 if all goes as planned, according to reports on […] дальше »

2019-3-6 23:19