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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


How MakerDAO’s Decentralized DAI Stablecoin Token Looks to Oust the Controversial Tether (USDT)

The previous year has been marked by a lot of things, including high-profile crypto exchange hacks, two market crashes, a year-long bear market, and of course — stablecoins. 2018 has been quite an eventful year for fiat pegged coins, which started emerging due to high volatility of regular cryptocurrencies. The most popular stablecoin, Tether (USTD) […] дальше »

2019-1-15 22:25


Litecoin Surges Past Stellar as It Closes in on the Market Cap of EOS — Can the Buyers Race Higher Towards the $45 Handle?

Litecoin has recently surged, breaking above Stellar’s market cap value. The LTC market has broken above the previous resistance… The post Litecoin Surges Past Stellar as It Closes in on the Market Cap of EOS — Can the Buyers Race Higher Towards the $45 Handle? appeared first on Invest In Blockchain. дальше »

2019-1-7 19:59


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


This week in Crypto: Tron hits 100 Million TXs a day, Trump Appoints Crypto Advocate, Crypto market bull run, XRP Whale Spotted, Bakkt Bitcoin Futures Approval, Bitcoin to $50k and More

During the course of the week, many events took place in the crypto space, one of the most remarkable being the market recovery that nearly all cryptocurrencies have witnessed. Bitcoin also recovered to $4,000 for the first time since the crash which started in November 2018. дальше »

2018-12-24 22:57


Crypto Taxes 2019: How to File Your Bitcoin Profits and New Crypto Gains with the IRS

The last two years have brought a lot of popularity to cryptocurrencies, and the awareness of them has surged like never before in the previous decade of their existence. Countless investors started flooding the crypto market, and the coins' value grew as a result, which only served to attract new would-be investors. The prices were […] дальше »

2018-12-12 21:30


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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


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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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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27