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Bitcoin Price: Key Technical Indicator Shows BTC Surging to $5,500

Throughout the past three months, the bitcoin price has flirted with the $4,200 resistance level, often struggling to maintain momentum above the key $4,000 mark. Several traders have demonstrated concerns over the extended period of stability demonstrated by bitcoin because, in late 2018, the cryptocurrency recorded a drop of around 50 percent following three months of stagnation in the $6,300 to $6,500 range. дальше »

2019-3-24 21:30


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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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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


Dow’s Disastrous Week Gets Worse after Bloomberg & Clinton Concede to the Bernie Bros

The US stock market has had a week that bulls would love to forget, and Dow futures portend that the beating will continue at Wednesday’s opening bell. Following the exit of Wall Street favorites Michael Bloomberg and Hillary Clinton from the 2020 US presidential race, that drubbing could get even worse in the months to come. дальше »

2019-3-6 16:45


QuadrigaCX Wallets Found Empty, Mystery of $150 Million Missing Crypto Deepens

The cold wallets of QuadrigaCX, once the largest crypto exchange of Canada, have reportedly been found to be empty. According to Bloomberg, most of the Bitcoin funds from the exchange’s cold wallets were moved out in April 2018, more than 9 months before QuadrigaCX revealed it had lost $150 million in customer funds after its CEO Gerald Cotten passed away with sole control of the company’s wallets. дальше »

2019-3-4 13:21


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Apex Legends players discover the real reason everyone prefers Wraith

Apex Legends’ bigger characters are colorful, interesting, and full of gameplay potential. So it’s a shame that, thanks to a design quirk spotted by gamers, no one wants to play as them. Respawn Entertainment’s unexpected battle royale was surprisingly polished at launch, with tight, fun gameplay that didn’t require months of post-release patches to whip into playable shape. дальше »

2019-3-2 01:22


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


Crypto Traders’ Long-Term Bitcoin Short Contracts See Uptick in Closures Signaling the Bottom is In?

It seems that those who shorted Bitcoin when it was reaching its all-time high at $20,000 are cashing out now. Bitcoin has been traded between $3,250 and $4,100 during the last few months. This comes just a few weeks after Mark Dow, a former International Monetary Fund (IMF) economist, cash out his short contract on […] дальше »

2019-2-13 19:58