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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


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


Ethereum Price Prediction: ETH Failed to Break Above the 21-week Moving Average, Will the Next Attempt Be Successful?

Long-Term Outlook A look at the Ethereum Weekly logarithmic chart shows that the price made a temporary bottom at $80 inside the minor support area, before starting an upward move. However, once reaching the minor resistance is at $160, it was rejected and formed a hammer candle (yellow arrow), which when found on uptrends usually indicates […] Ethereum Price Prediction: ETH Failed to Break Above the 21-week Moving Average, Will the Next Attempt Be Successful? was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-2-27 12:04


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


Judge Refutes SEC’s Claim on Blockvest ICO Token Being a Security, Will Go to Trial

The crypto world received a surprising win from the U.S. justice system today. Earlier this week, a California judge slapped down an SEC attempt to classify an ICO token as a security. U.S. District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Securities and Exchange Commission (SEC) has failed to […] дальше »

2018-11-29 00:17


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Reserve Bank Of India Ruling Could Mean Zebpay Customers Can No Longer Withdraw Their Rupees

The saga surrounding The Reserve Bank of India (RBI) and their attempt at banning cryptocurrencies continues. We have recently seen confirmation from the RBI that they failed to do any prior research before making a move to ban cryptocurrencies, and of course a team of legal officials are working on determining how much say the RBI have in this matter, but regardless, the RBI deadline of the 5th of July now nears. дальше »

2018-6-25 13:00


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Bitcoin Price Analysis: Is It Over?

Is contagion from India’s Zebpay flash crash to $5,700 responsible for the pullback in bitcoin price or something else in the works? Market Overview Up till yesterday, BTC traded within a narrowing triangle, leaving investors guessing which side the cryptocurrency would choose but as a third attempt to surpass $6,800 failed, BTC briefly reversed back below the $6,700 support and $6,600 protected against further decline. дальше »

2018-6-23 18:00


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