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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


Bitcoin [BTC]: Price Fails to Overcome Resistance

Bitcoin got off to a strong start to the week with an early surge on Monday. Price failed to follow up on this surge and met resistance at $3684 which was an important prior point of support. With price having retraced from the $3684 resistance level, Monday’s surge looks to have formed a lower high […] Bitcoin [BTC]: Price Fails to Overcome Resistance was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-1-16 18:24


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Bitcoin Experiences Volatile Start to the Year, Struggles to Maintain $4,000 Mark: BTCManager’s Week in Review January 15, 2019

The price of bitcoin jumped to surpass the $4,000 mark to kickstart the week early on Monday morning but dropped back down again to close the week five percent lower at around $3,650. Investors rejoiced to see bitcoin jump back above the important $4,000 mark but were quickly disappointed again when bitcoin dropped from this year’s high of $4,102 down. дальше »

2019-1-15 10:00


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52


Altcoin Price Analysis: Litecoin Prices Ready to Bounce Back After 11 Months of Bleeding

After 11 months of lower lows, Litecoin, Monero, Stellar Lumens and Cardano prices are ripe for recovery mostly thanks to last week’s price stability and the general expectation in the market. Regardless, we shall maintain a bearish stance despite incoming streams of supportive fundamentals changing this position once there are gains above key resistance levels. дальше »

2018-12-3 07:00


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45


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Who SODL? Bitcoin Investors Are Buying Up Cheap Coins, Says eToro

Bitcoin prices crashing lower this week have failed to dent investor confidence, businesses reporting upticks in purchases while fiat rates are lower. A ‘Small Yet Clear Uptick’ The result of uncertainty over a contentious hard fork of altcoin Bitcoin Cash (BCH), Bitcoin has led cryptocurrency markets into a new period of volatility, with some major assets shedding 15 percent November 19 alone. дальше »

2018-11-20 02:00


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Bitcoin Closes the Week Softer on Back of Little Newsflow: BTCManager’s Week in Review November 5, 2018

The price of bitcoin closed the week around two percent lower – reaching the $6,350 level – on light volumes and a lack of major market-moving headlines. The main headline of the week was the publication of a research paper that suggested that bitcoin mining may accelerate global warming due to its high energy usage. дальше »

2018-11-5 21:00


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31


You can now buy Elon Musk’s ‘Not A Flamethrower’ with Bitcoin

There’s something fitting about an Elon Musk business accepting Bitcoin, because, you know, they’re about as stable as each other. I’m here all week. That’s right, you can now buy the Boring Company’s Not A Flamethrower (from here on out, referred to as just a flamethrower) with not only Bitcoin, but a range of other cryptocurrencies. дальше »

2018-10-18 16:40