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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


Bitcoin (BTC) Daily Price Forecast – February 28

Price of Bitcoin is ranging above the $3,900 price level. If the bulls fail to break above the EMAs, the crypto will continue its range bound movement. BTC/USD Medium-term Trend: Ranging Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,800, $3,700, $3, 600 Yesterday, February 27, the price of Bitcoin was in a sideways trend. Price […] дальше »

2019-2-28 09:18


Bitcoin (BTC) Daily Price Forecast – February 27

The crypto’s price is trading at $3,882.70 in a sideways trend. If the downward trend continues, the crypto’s price will fall and find support at either $3,600 or $3,700 price levels. BTC/USD Medium-term Trend: Ranging Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,800, $3,700, $3, 600 Yesterday, February 26, the price of Bitcoin was in […] дальше »

2019-2-27 09:31


Analyst: Bitcoin (BTC) Likely to Drop Towards $3,200 Unless it Finds Continued Bullish Momentum

Following the market’s recent volatility, Bitcoin has firmly established $3,800 as a level of support and has been able to continue holding steady above this price point. Analysts are now pointing out that BTC is currently holding above key moving average support levels, which could be a positive sign for the cryptocurrency’s price. дальше »

2019-2-27 23:00


Bitcoin (BTC) Establishes Fresh Support and Resistance Levels Following Weekend Volatility

Bitcoin has started Monday off trading up slightly after experiencing increased levels of volatility over this past weekend. BTC has so far respected $3,800 as a level of support, but also faces strong resistance around $4,200, which is the price point at which the cryptocurrency’s price dropped after touching. дальше »

2019-2-25 23:00