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Mexico Sets New Bitcoin Volume Record After Trump’s Remittance Threat

Bitcoin price remaining above $5000 resulted in new trading highs for several countries worldwide last week, the latest data shows. Mexico, Venezuela Post Record Localbitcoins Volumes According to monitoring resource Coin Dance, which tracks trading volumes on peer-to-peer exchange platforms Localbitcoins, Paxful and Bisq, certain markets continued to see spikes in Bitcoin activity. дальше »

2019-4-16 00:00


Price Analysis – Why Litecoin Can Climb Higher!

Litecoin has been on a steady climb in the last few months signaling as one of the first movers during the recent alt-coin rally. A crypto many had almost forgotten about. It was back in February where Litecoin was showing strong growth with a 65% gain in price proving enough to push and maintain above […] The post Price Analysis – Why Litecoin Can Climb Higher! appeared first on ZyCrypto. дальше »

2019-4-12 13:02


Bitcoin Finds Stability Above 5,200 as Analysts Claim BTC is Likely to Continue Surging

Bitcoin (BTC) has been able to continue maintaining stability in the lower-$5,000 region after experiencing some large and overwhelmingly positive volatility over the past couple of weeks. This price action has allowed most major cryptocurrencies to see major price gains that harken back to the massive gains seen in late-2017, with many cryptos surging 50%. дальше »

2019-4-10 03:00


Shapeshift CEO Says Adoption Advances and Bitcoin Price Increase Cannot Coincide Over Years

Bitcoin’s rise above the $5,000 threshold has been significantly publicized in both the crypto community and mainstream media, considering how long Bitcoin has remained still. Many proponents have popped up to speak on their support of cryptocurrency and decentralization, including CEO and founder Erik Voorhees of Shapeshift. In a tweet, Voorhees explained that the rise […] дальше »

2019-4-5 00:44


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Bitcoin Price Plunges $400 Overnight But Clings to $5K Support

Bitcoin price fell $400 in minutes April 3 but broadly held onto support above $5000 as the enthusiasm from this week’s bull run continues. $5000: Bitcoin’s New Home? Data from cryptocurrency exchange Bitstamp, which tends to deliver slightly more conservative price information than many mainstream platforms, showed bitcoin price hitting a high of $5332 before retracing Thursday. дальше »

2019-4-4 12:00


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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


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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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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


Bitcoin Stable Above 3,900, But Analysts Cautious on Current BTC Price Action

Bitcoin has been able to maintain relative levels of stability over the past weekend, despite an unfolding trend where BTC incurs larger levels of volatility during weekend trading sessions. Although Bitcoin is currently stable above $3,900, many analysts are still weary of its current price action, and one analyst believes a drop below BTC’s 2018. дальше »

2019-3-11 00:30


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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


Bitcoin (BTC) Transaction Volume Nears All-Time-Highs Despite Gloomy Market Conditions

Following an extended period of sideways trading, the cryptocurrency markets dropped today as Bitcoin failed to hold above its recently established support level at $3,800. BTC’s drop below this level has led many cryptocurrencies to plunge 5% or more, signaling that greater volatility is likely to come as the week continues on. дальше »

2019-3-5 01:00


This week in Crypto: Facebook set to Launch its Cryptocurrency, Warren Buffett Calls Bitcoin A Delusion With No Unique Value, Tron stands above Ethereum in Chinese ranking, XRP listed on Coinbase and more

The week was a typical crypto week with many ups and downs in the market and off the market. It is probably the bumpiest market week in which the short gains experienced was shed significantly bringing prices down to where they used to be. дальше »

2019-3-3 08:35


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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology. дальше »

2019-3-1 19:43


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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


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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