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Analyst: Bitcoin (BTC) May be Gearing up for a Large Price Move as Volatility Plunges

Ever since Bitcoin (BTC) dropped below its previous support level of $3,550 last week, the cryptocurrency has been experiencing a bout of sideways trading at its current price levels. Bitcoin’s recent price action seems to confirm $3,500 as a new level of resistance, but it has also established $3,400 as a level of support that. дальше »

2019-2-6 01:00


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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


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“Bitcoin Is an Intellectual Experiment and Could Fail,” Says Xapo Founder Wences Casares

Wences Casares, the founder of bitcoin custody vault Xapo, believes that the cryptocurrency may take time to be successful, that is if it does. On October 29, 2018, reiterating his previous comments in an interview, Casares stated that the worlds biggest cryptocurrency is an “interesting experiment. дальше »

2018-11-1 01:00


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Halve The Reward, Halve The Price? New Chart Forecasts $3K BTC By 2020

Bitcoin price (BTC) could continue dropping for the next two years, a new forecast which takes into account the possible effect of the next block reward halving has revealed. The Halving Factor To Hit Bitcoin? Uploaded to Twitter August 13, the chart, which “factors in” Bitcoin’s third halving in May 2020 suppressing prices, shows BTC/USD ‘bottoming’ at $3000 just before the event. дальше »

2018-8-18 19:00