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Bitcoin Billionaire Zhao Dong: Bitcoin Is Likely to Fluctuate Between $4,000 and $6,000 for Half a Year

With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $4,000 and $6,000 for a few more months. дальше »

2019-4-9 20:21


Could the Bitcoin Price Flirt with Low $3,000 BTC/USD Ranges or Never Fall Below $3,100 Ever Again?

Sometime back, the price of Bitcoin sat somewhere around $3,150, vacillating around that figure. However, within a week, the price successfully shot past $4,000 causing some excitement. Shortly after the $4,000 mark was crossed, people started to have conversations around what the lowest price for Bitcoin really was. Morgan Creek Digital’s Anthony Pompliano, who is […] дальше »

2019-4-8 02:03


Мнение: цена биткоина скоро начнет экспоненциальный рост

Известный трейдер Питер Брандт пришел к выводу, что биткоин повторяет на графике те же паттерны, что и в 2015 году, после которых цена его выросла примерно в 100 раз. Either from Dec ’18 low or from retest of same (circa analog dbl bottom in 2015) it would not surprise me if $BTC enters a new […] дальше »

2019-4-6 12:31


Bitcoin Price: Technical Flags Scream ‘Buy!’ as Market Nears Key Level

Bitcoin continues to grind higher, and on Monday the flagship cryptocurrency hit its highest level in 2019. Many investors are stuck in the past looking at the wild volatility brought on by excessive speculation, and ignoring that right here right now, the Bitcoin price is showing maturity and stability – and could be primed for a major boom. дальше »

2019-4-2 00:36


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Analysts Believe Bitcoin’s Extremely Low Volatility Levels and Stability is Huge Plus for BTC’s Future Run

A whole lot of economists tend to agree on the fact that Bitcoin is one of the world’s all -time fastest rising financial assets. This is partly due to its speculative nature as well as the currency’s intrinsic design— which allows the flagship cryptocoin to be deployed within a host of different industrial domains. With […] дальше »

2019-3-29 00:44


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – March 28

The BTC price rose again from the low of $3,992 to $4,088 10. If the bulls continue to sustain a price above the $4,000, the crypto’s price is likely to retest or break the resistance levels. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,900, $3,800, $3, 700 Yesterday, March 27, the […] дальше »

2019-3-28 09:28


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Bitcoin Price Regains $4K But Bears Call It Low Volume ‘Short Squeeze’

Bitcoin price bulls may already be seeing the answer to their prayers as markets gained upward momentum March 27, taking Bitcoin above $4000. $4K Of False Hope? Data from CoinMarketCap confirmed Wednesday’s price trend, which occurred as analysts warned of the need for BTC/USD to close the month above $3800 to avoid bigger losses. дальше »

2019-3-27 15:00


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – March 26

On the upside, if the bulls break above the EMAs, the BTC price will resume its uptrend. On the downside, if the bearish trend continues, the crypto’s price will fall to the low at $3,800. BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,900, $3,800, $3, 700 Yesterday, March 25, the price […] дальше »

2019-3-26 09:46


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


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Lightning Loop Lets Users Empty Lightning Channels Without Closing Them

Lightning Labs, the development team working to grow the Lightning Network, just released the alpha version of a new protocol called Lightning Loop. Lightning Loop is designed to give users the ability to deposit and withdraw bitcoin from their payment channels (the two-way payment gateways that allow users to send and receive funds to and from each other) without closing these channels entirely. дальше »

2019-3-22 20:32


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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: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


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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