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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


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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


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Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’

Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Bitcoin to ‘New All-Time High’ as Stock Market Slumps A drop in share prices for both Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, leading Keiser to suggest the index could collapse to below the significant 10,000 barrier in future. дальше »

2018-11-13 20:00


Bitcoin [BTC] Continues to Trade in Range Since Monday’s Drop

Since Mondays 3% drop, Bitcoin has started to trade in a range once again. Prior to Monday’s drop, Bitcoin traded a tight range for around two weeks with low amounts of trading volume. The trading volume over the past two days have also been low and current price action is looking very similar to the […] Bitcoin [BTC] Continues to Trade in Range Since Monday’s Drop was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-10-31 17:24


BTC Technical Analysis: Bitcoin Prices Recovering and Likely To Retest $6,800

Week over week, Bitcoin prices are down eight percent and this is better than last week’s when it printed a 13 percent drop following that strong rejection of $8,500. Going forward, Bitcoin prices are at a precipice and simply hanging by the thread once again retesting our support zone at $6,000. Overly we remain bearish […] дальше »

2018-8-13 18:38


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