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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


Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Coins trade in green as market breaches $140 billion mark

The collective cryptocurrency market surged and broke the $140 billion mark for the first time in a week, as major coins turned green. Bitcoin [BTC] and Litecoin [LTC], the first and fourth largest virtual currencies in the market, saw commendable gains as EOS and Cardano [ADA] took the market by storm. дальше »

2019-3-27 10:30


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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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Hacker selling 26M stolen user records in exchange for $5,000 worth of Bitcoin

A hacker by the name of Gnosticplayers is trying to sell more than 26 million user records on the dark web in exchange for $5,000 worth of Bitcoin (1. 2431 BTC). This is the fourth data dump posted on Dream Market – an online darknet marketplace founded in late 2013 – by the hacker, who previously put up more than 840 million user records since mid-February. дальше »

2019-3-19 13:33


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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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Moonday Mornings: Banks hate Malta, crypto CEO crashes Lambo

It’s Monday, which means it’s time for a roundup of the weekend’s cryptocurrency and blockchain news. Here’s Moonday Mornings. 1. Japan’s Financial Services Agency is reporting a 36 percent drop in the number of cryptocurrency related inquiries in the fourth quarter of 2018 compared to the previous quarter, Brave New Coin reports. дальше »

2019-3-4 12:49


After $10B Drop, Crypto Market Slightly Recovers: Why a Trader Expected Today’s Bounce

Following yesterday’s widespread crypto market plunge, most major cryptocurrencies have bounced slightly today, but they are still down significantly from where they were a week ago. The market’s recent volatility has led Tether, the largest stable coin by market cap, to briefly overtake EOS to be the fourth most valuable cryptocurrency by market capitalization. дальше »

2019-1-30 03:00


Stellar Registers 500% Increase in Active Accounts During the Last 6 Months

The Stellar Network continues to grow not only in terms of market capitalization but also in the interest it generates in the public. XLM favorable behavior has led it to increase its price to the point of surpassing Bitcoin Cash, displacing it from fourth place in the ranking of most important cryptocurrencies by capitalization. дальше »

2018-12-2 09:18


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Bitcoin Price Bounces as Cryptocurrency Market Sees Relief Rally

Cryptocurrency markets staged a modest relief rally November 21 as the impact of news trading platform Bakkt had pushed back its launch subsided. Markets Shrug Off Bakkt And Bitcoin Cash Led by Bitcoin Cash , the fourth largest cryptocurrency by market cap which lost 50 percent of its value Monday, the twenty major cryptoassets all made gains on the day, the only exception being Tezos, which lost 4. дальше »

2018-11-21 17:00