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Bitcoin Gearing Up for a “Strong Move”, But in Which Direction Will BTC/USD Exchange Rate Price Go?

With 24-hours gains of 1.20 percent, Bitcoin is currently trading at $5,274. According to crypto investor and trader Josh Rager, BTC is gearing up for a strong move that could be seen really soon. Bitcoins seems to be making its move already as today it has gone from $5,161 to the highest point at $5,291 […] дальше »

2019-4-11 01:22


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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


Litecoin Price Analysis: LTC Up 33 Percent, but is Demand Waning?

Today's Litecoin News CMC, the real-time coin tracker, is one of the most reliable and longest serving coin tracker in the space. Talks of propagating manipulation and accusation of failing to de-list exchanges broadcasting fake volumes might have damaged their reputation but it is their latest move that could move them back on track. CMC […] дальше »

2019-3-20 17:02


Australian Government Pledges Measly $100K Towards Blockchain Development

Australia’s Karen Andrews of the Ministry for Industry, Science and Technology is pledging $100,000 towards furthering blockchain development. In a press release, Andrews says her department will put the money towards “regulation, skills and capacity building, and international competitiveness and collaboration. дальше »

2019-3-19 03:00


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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