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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


Cardano (ADA) Founder: Crypto Prices Could Take 10 Years to Recover, But Industry Will Mature

Cardano (ADA), Cryptocurrency–Charles Hoskinson, a long-time cryptocurrency expert and founder of Cardano (ADA) has an interesting outlook on the marketplace for cryptocurrency. While the CEO of IOHK doesn’t see a return to 2017’s bullish prices at any point in the near term, predicting it may take a decade or longer for Bitcoin and the like […] The post Cardano (ADA) Founder: Crypto Prices Could Take 10 Years to Recover, But Industry Will Mature appeared first on Ethereum World News. дальше »

2019-1-25 23:22


Douglas Country in Central Washington Gets Bullish on Blockchain Technology’s Economic Future

After many issues related to cryptocurrencies that affected central Washington, it seems that officials in Douglas County believe that the technology could bring prosperity to the region. According to a recent report released by The Bulletin, central Washington seems to be thinking about embracing Bitcoin and cryptocurrencies. Back in 2017, Douglas County provided access to […] дальше »

2019-1-21 17:19


If Bitcoin (BTC) Breaks 3700 USD, It Could Boost the Crypto Markets, CryptoSync Analyst Says

It seems that the prediction season has begun, with bullish and bearish opinions much more conservative than the ones from the last year. While it is difficult to provide a certain level of strength in the predictions of a market as volatile and young as the cryptomarket, this does not seem to stop analysts and fans […] The post If Bitcoin (BTC) Breaks 3700 USD, It Could Boost the Crypto Markets, CryptoSync Analyst Says appeared first on Ethereum World News. дальше »

2019-1-19 19:30


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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