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Big Shift in Market Sentiment After Price Spike for Bitcoin & Dogecoin [Price Analysis]

Bitcoin Analysis After almost three months of Doji candles and small-bodied candles recording on the weekly chart for market leader Bitcoin, a significant spike took place early this week. The primary reason analysts believe the price increased so rapidly was due to short seller liquidation, which serves to drive price higher. дальше »

2019-4-6 16:54


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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: 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 and Its Alternative Cryptocurrency Offsprings: How to Find the Non-BTC Coin Gems?

Bitcoin came into existence almost a decade ago as an entity which aimed at disrupting the traditional centralized financial institutions. Since the launch, a number of other cryptocurrencies have forayed into the crypto ecosystem, and the coin market cap listing suggests there are 1600 of them listed on the trade market. Altcoin is the name given […] дальше »

2019-3-6 19:53


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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