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Analyst: Bitcoin (BTC) May be Gearing up for a Large Price Move as Volatility Plunges

Ever since Bitcoin (BTC) dropped below its previous support level of $3,550 last week, the cryptocurrency has been experiencing a bout of sideways trading at its current price levels. Bitcoin’s recent price action seems to confirm $3,500 as a new level of resistance, but it has also established $3,400 as a level of support that. дальше »

2019-2-6 01:00


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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


Altcoins Plunge as Bitcoin and Crypto Markets Drop Below Recently Established Support Levels

Over the past couple of weeks, the crypto markets have experienced a persisting bout of sideways trading that didn’t allow for any major price action in the altcoin markets. Today, however, the typical crypto volatility returned in full force, sending most major altcoins and Bitcoin down significantly over the past 24-hour trading period. дальше »

2019-1-29 00:00


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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


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


Bitcoin (BTC) Daily Price Forecast – January 11

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,600, $3,500, $3, 400 Yesterday, January 10, the price of Bitcoin was in the bullish trend zone. The BTC price fell yesterday because the price of Bitcoin failed to break the $4,200 price level. In addition, the bears broke below the 12-day EMA , […] дальше »

2019-1-11 08:36