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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


Coinbase Pro Raises Fees for Smaller Clients by 33% & Turns off Stop-Market Orders

Coinbase has struck yet another hammer on the crypto community as it made another statement. According to the latest announcement made on Friday, Coinbase has made a series of changes that involve Coinbase Pro implementing increased fees, new order increment sizes, updated order maximums, turning off stop market orders, and adding market order protection points. […] дальше »

2019-3-16 20:04


American Success Story or Impending Disaster? Experts Wary of Lyft’s IPO

The story of Lyft’s rise to glory is quite a tale. The ride-hailing service filed to go public on Friday with a potential valuation of $20 billion to $25 billion, with a familiar prospectus which shows rising revenue which could one day turn into immense future profits as well as overall losses which could send the company under without a cash injection. дальше »

2019-3-4 18:32


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New Data Shows Bitcoin Accumulation is in Full Swing

Bullish signs are everywhere for Bitcoin (BTC) March 1st as the largest cryptocurrency continues its record-breaking bear market cycle in 2019. Addresses Amassing Coins At 4K Capping a fifth day of broad stability, the bitcoin price was holding steady at around $3850 Friday, while data from traders suggested February ended the worst six-month performance for bitcoin ever recorded. дальше »

2019-3-1 18:00


Crypto Markets Experience Mixed Trading Session, Analysts Expect Ethereum and Litecoin to Drop in Near-Future

The crypto markets have continued to gradually drift lower following last Friday’s market surge. Most cryptocurrencies have dropped today, with Ethereum trading down marginally, and XRP dropping nearly 2% due to concerns regarding the newly announced JP Morgan crypto (JPM Coin) possibly being a competitor. дальше »

2019-2-16 02:00


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Fundstrat: Bitcoin Fundamentals “Should” Turn Positive Over 2019

While 2018’s lethargic crypto market crawl has continued into early-2019, save for Friday’s sudden buy-side influx, analysts have begun to express optimism. Case in point, Fundstrat Global Advisors, a New York-headquartered investment advisory outfit, expressed why the outlook for Bitcoin and other cryptocurrencies could improve over 2019. дальше »

2019-2-10 03:00


Dow Jones Rout: The Cat is in the Bag, the Bag is in Trump’s Hand

Friday started off badly for the Dow Jones industrial average, with all major stock indexes trading markedly lower right out of the gate Friday morning. Nike (NKE) defied gravity at the start of the session after an analyst price-target hike, but got dragged back down to earth with Apple (AAPL), Chevron (CVX), Exxon Mobil (XOM), and the rest of the beleaguered market by the Dow’s 25,106. дальше »

2019-2-9 00:42


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Bitcoin Price Surges 11% Hitting The $3,700 Target

Bitcoin price surged 11% after being led by Litecoin’s impressive 30% move earlier in the day. The cryptocurrency market is also up 10% as a whole at the time of writing. Bitcoin Price: 1 Day Chart As Bitcoinist reported on Monday, we were expecting a volatile week and as Friday came it did not disappoint, with Bitcoin price blasting out of its descending wedge, through resistance at $3500 and hitting the $3700 target, which we Read More The post Bitcoin Price Surges 11% Hitting The $3,700 Target appeared first on Bitcoinist.com. дальше »

2019-2-8 21:00


Dow Smashes Through 25,000 after Blowout Jobs Report Pours Cold Water on Government Shutdown Fears

The U. S. stock market extended its rally Friday after better than expected jobs data suggested that the impact of a partial government shutdown on the economy was largely overblown. Dow Surges Past Major Milestone All of Wall Street’s major indexes traded higher on Friday, reflecting a mostly upbeat pre-market for U. дальше »

2019-2-2 19:14


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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