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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: 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


Blockchain Firm Digital Asset Loses CTO James Powell, Two Months After Loss of CEO Blythe Masters

Digital Asset is a financial blockchain company, which means that it thrives on the distributed ledger technology that has brought support to many industries. However, no matter how transparent or immutable the ledger is, DA seems to be unable to hold onto the executives that would keep it running seamlessly. The departure of CEO Blythe […] дальше »

2019-2-14 04:05


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Analyst: Bitcoin (BTC) RSI Signals That the Cryptocurrency is at Historically Oversold Levels

After dropping back to its recently established support level at $3,400 a couple days ago, Bitcoin (BTC) has been able to hold above this support level. Despite this, its failure to bounce signals that it doesn’t have any significant buying pressure at the moment and further losses may be necessary in order for it to. дальше »

2019-2-8 01:00


Bitcoin Price Analysis: Investors Grow Weary as the Battle to Hold at $3,421 Continues — Can the Bulls Prevent Fresh 2019 BTC Price Lows?

Support for BTC moving forward: $3,421, $3,400, $3,350, $3,331, $3,284, $3,228, $3,000. Resistance for BTC moving forward: $3,467, $3,508,… The post Bitcoin Price Analysis: Investors Grow Weary as the Battle to Hold at $3,421 Continues — Can the Bulls Prevent Fresh 2019 BTC Price Lows? appeared first on Invest In Blockchain. дальше »

2019-2-7 10:35


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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency

Price has been testing support at $3476 several times over the past week. Each test makes the level weaker with fewer buyers to hold the level on each retest. Price finally broke below this level today and looks likely to close below as traders are accepting prices below the level and not quickly bringing the […] Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-1-28 18:04


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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


Litecoin Price Analysis: LTC Continues to Hold At $30 But Can the Bulls Bring Price Action Above $34 And Higher??

Support for LTC moving forward: $30.26, $27.01, $25.07, $24.74, $21.52. Resistance for LTC moving forward: $32.54, $34.82, $39.75, $41.37,… The post Litecoin Price Analysis: LTC Continues to Hold At $30 But Can the Bulls Bring Price Action Above $34 And Higher?? appeared first on Invest In Blockchain. дальше »

2019-1-24 17:17


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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


Why it’s a no-brainer to have women in your startup’s exec team

While women have made strides toward better representation in leadership roles over the last decade, the progress has been slow and labored. According to a recent Global Gender Gap Report via LinkedIn and the World Economic Forum, women continue to hold under half of the leadership positions across fields – in many industries, we make up less than 20 percent of upper management. дальше »

2019-1-13 17:30


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Ripple [XRP]: Will Support Hold or Are We Heading Downward?

A look at the Weekly chart of Ripple in logarithmic form, shows us that price has fallen from the high of January 2018 of around $3.2 to close to $0.3. There is some support in the $0.3 area, and it is worth noting that there was a bounce with strong volume in September (yellow arrow), […] Ripple [XRP]: Will Support Hold or Are We Heading Downward? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-15 16:19


Litecoin [LTC] – Will the Support Area Hold, or Is There Another Drop in Store?

A look at the logarithmic Weekly chart shows us that price has fallen all the way into the $20-$25 area of support created by the highs of 2014. There is a substantial amount of support here. If price were to break down below $20, the next level of support would be in the $3-$5 area, […] Litecoin [LTC] – Will the Support Area Hold, or Is There Another Drop in Store? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-13 16:34