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Crypto Industry Bulls Believe Bitcoin Halving Will Help BTC Value in USD Reach New Highs

Bitcoin (BTC) experts are very bullish about the upcoming halving in 2020. They believe that the digital currency could experience a substantial rally after the halving. If that happens, Bitcoin would not only reach $20,000 – it’s previous all-time high – but it could also surpass this price level. Bitcoin Could Reach New All-Time Highs […] дальше »

2019-5-26 20:29


Ethereum (ETH) Bullish Above $200 But Needs To Find Support Above $250 To Hit New Highs

Ethereum, much like Bitcoin, has been on a bullish run. In the last couple of weeks, the biggest altcoin by market cap has climbed form a little over $100 to a new 2019 high of around $265. ETH was unable to break the $265 resistance position which could have potentially seen the coin rally to […] The post Ethereum (ETH) Bullish Above $200 But Needs To Find Support Above $250 To Hit New Highs appeared first on ZyCrypto. дальше »

2019-5-21 22:30


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Bitcoin Price Stagnates at $5,878 as the Dow Jones Drops by Over 500 Points

Bitcoin continues to break new all time highs for 2019 day after day, currently trading at $5,929 and inching closer to the $6,000 resistance level. As discussed in our previous Bitcoin price analysis article, BTC/USD is starting to follow the same pattern as the stock markets which could signal that institutional investors are finally hopping […] The post Bitcoin Price Stagnates at $5,878 as the Dow Jones Drops by Over 500 Points appeared first on NullTX. дальше »

2019-5-8 22:10


Bitcoin, Gold Strongly Correlated in 3-Week High to Spell Stock Market Disaster

Bitcoin and gold both hit three-week highs on Thursday after a period of highly correlated trading. It comes as the dollar crashes and warning signs flash on the stock market. The correlation strengthens bitcoin’s case as “digital gold” and proves that traders are beginning to treat cryptocurrency like a traditional asset. дальше »

2019-3-21 16:13


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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: 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


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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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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23