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New Bitcoin Price Prediction Chart Places BTC At $55,000 USD After 2020 Halving

A new prediction model created by the market analyst PlanB shows that the price of Bitcoin can reach new all-time highs during 2020. Posted by the prominent trader PlanB here, the article states that the ever decreasing supply of Bitcoin is sure to affect the price of the token in the market. The whole prediction […] дальше »

2019-3-27 00:31


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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


Crypto Market May Be Sailing In A Sea Of Red Today, But BTC Trading Volumes Are Reaching Record Highs

Coinmarketcap’s trading volume has reached a 300-day high concerning crypto volume trading, totaling $33.85 billion. The increase in treading volume seems to be due to a surge by the top 10 digital currencies, which make up over 90% of total trading volume in the crypto industry. As for the underlying cause of the surge, some […] дальше »

2019-2-24 18:50


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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


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Blockchain Capital Partner: Now is a Very Good Time to Buy Bitcoin (BTC) Despite Bear Market

Over the past couple of weeks Bitcoin (BTC) has seen relatively positive trading action, surging from monthly lows of under $3,400 to highs of $4,000, from which it has only dropped slightly. Importantly, $4,000 has proven to be a strong level of resistance for Bitcoin, and analysts have mixed opinions on where the cryptocurrency is. дальше »

2019-2-22 03:00


Bitcoin (BTC) Daily Price Forecast – February 21

The price of Bitcoin reached above the $4,000 mark and fluctuates above it. The crypto’s price is expected to reach the highs of $4,500 and $5,000 but may face resistance at the $4,200 price level. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,900, $3,800, $3, 700 Yesterday, February 20, the BTC […] дальше »

2019-2-21 08:28


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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


Bitcoin Price Analysis: BTC Surges to $3,802, Creating Fresh February Highs — Can the Bulls Maintain the Momentum?

Support for BTC moving forward: $3,664, $3,590, $3,569, $3,508, $3,467, $3,421, $3,350. Resistance for BTC moving forward: $3,570, $3,802,… The post Bitcoin Price Analysis: BTC Surges to $3,802, Creating Fresh February Highs — Can the Bulls Maintain the Momentum? appeared first on Invest In Blockchain. дальше »

2019-2-11 11:33


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Bitcoin (BTC) Holds Steady Above $3,600, May Still Have Fuel to Move Higher in Near Future

Bitcoin (BTC) has held steady above $3,600 after yesterday’s upwards surge that sent it climbing from lows of $3,400 to highs of $3,700. Although often times these upwards price movements are typically followed by a cool-off period that results in Bitcoin surrendering a portion of its gains, BTC has held steady at its current price. дальше »

2019-2-9 22:30


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3 Charts Suggesting Bitcoin Price May Be Bottoming

In February 2019, Bitcoin transaction metrics are giving stronger hints than ever that the cryptocurrency is close to the bottom of its latest bear cycle. Bitcoin’s Familiar Moves Data from Blockchain, tracking the number of unspent transaction outputs (UTXOs), confirmed transactions by day and exchange volumes in USD for Bitcoin, reveals lows not seen since 2017. дальше »

2019-2-5 19:00


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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »

2019-1-26 03:13