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Bitcoin’s 7 Reasons for a ‘2019 Perfect Bull Storm’ + This Week’s BTC Price Predictions & March 31 History

Bitcoin Could be Creating a “Perfect Storm” for 2019 to be a Bullish Year Bitcoin (BTC), the most popular digital currency remains in a bear trend that started back in January 2018. However, there are several analysts and experts that believe that the cryptocurrency has already bottomed. These analysts believe that Bitcoin is in a […] дальше »

2019-4-1 23:45


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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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Novogratz Is Bullish on Bitcoin Overtaking Gold As a Store of Value, but Admits It Will Take Time

Founder and CEO at Galaxy Digital, Mike Novogratz, appeared in a one-on-one session with Morgan Creek Digital Assets founding-partner Anthony Pompliano last week. Of course, it didn’t take long before the conversation zeroed in on the current state of the crypto space as both industry heavyweights discussed what could be in store for the decentralized […] Novogratz Is Bullish on Bitcoin Overtaking Gold As a Store of Value, but Admits It Will Take Time was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-3-25 16:59


Ripple Lover Spotted: Japanese Internet Giant GMO Says XRP Most Likely Crypto to Grow in 2019

The market seems to be turning bullish for XRP and its future in the space. According to the Japanese internet giant GMO, which operates the cryptocurrency exchange GMO Coin, has released the results of a web questionnaire that took place from January 30 and February 20. The results show that XRP could be the most […] дальше »

2019-3-21 02:43


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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: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


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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


Binance Coin (BNB) Long-term Price Analysis – March 10

BNB/USD market has been on a relative increase quite a while. A fiercely southward broken of the 14-day SMA could mean a turn against the current uptrend. BNB/USD Long-term Trend – Bullish Distribution territories: $20, $22, $24 Accumulation territories: $8, $6, $4 BNB/USD market worth on March 5, begun to spring northwards out of a […] дальше »

2019-3-10 11:35


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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


Analyst: Bitcoin (BTC) Likely to Drop Towards $3,200 Unless it Finds Continued Bullish Momentum

Following the market’s recent volatility, Bitcoin has firmly established $3,800 as a level of support and has been able to continue holding steady above this price point. Analysts are now pointing out that BTC is currently holding above key moving average support levels, which could be a positive sign for the cryptocurrency’s price. дальше »

2019-2-27 23:00