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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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Bitcoin Price Surges 11% Hitting The $3,700 Target

Bitcoin price surged 11% after being led by Litecoin’s impressive 30% move earlier in the day. The cryptocurrency market is also up 10% as a whole at the time of writing. Bitcoin Price: 1 Day Chart As Bitcoinist reported on Monday, we were expecting a volatile week and as Friday came it did not disappoint, with Bitcoin price blasting out of its descending wedge, through resistance at $3500 and hitting the $3700 target, which we Read More The post Bitcoin Price Surges 11% Hitting The $3,700 Target appeared first on Bitcoinist.com. дальше »

2019-2-8 21:00


Bitcoin (BTC) Price Analysis: Can Sellers Gain More Momentum?

Bitcoin might be in for further declines as it hovers around the bottom of the descending channel on the 4-hour chart. A larger bounce could still take it up to the Fib levels nearby. However, the 100 SMA recently crossed below the longer-term 200 SMA to confirm that the path of least resistance is to […] The post Bitcoin (BTC) Price Analysis: Can Sellers Gain More Momentum? appeared first on Ethereum World News. дальше »

2019-1-17 05:23


Dogecoin [DOGE] Price Analysis – Doge Enters Range After Descending Triangle Pattern

After a bearish end to last weeks trading, the market has begun spiking over the past hour. Many major cryptocurrencies are rising to key levels and finding resistance. Doge declined from a descending triangle pattern yesterday to reenter what has been an important range for the meme-based cryptocurrency. дальше »

2019-1-14 19:29


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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27


Bitcoin (BTC) Price Analysis: Can Sellers Stay in Control?

Bitcoin has formed lower highs and higher lows on its 1-hour time frame to create a descending channel pattern. Price is bouncing off support and might be due for a test of the resistance soon. Applying the Fibonacci retracement tool on the latest swing high and low shows that the 50% level lines up with […] The post Bitcoin (BTC) Price Analysis: Can Sellers Stay in Control? appeared first on Ethereum World News. дальше »

2018-10-29 05:16


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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29