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Has Bitcoin [BTC] Price Reached a New Consolidation Point?

Bitcoin had a bearish drop yesterday which brought the price down to around $3750. It has since retraced back up to near $4000 which has been an important point of trading over the past week. The recent bearish conditions in the markets which brought the price of Bitcoin from $6400 to below $3500 was preceded […] Has Bitcoin [BTC] Price Reached a New Consolidation Point? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-4 17:24


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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


Bitcoin (BTC) recovery a forlorn hope, we are set to go another leg down

Overwhelming majority of traders on Tradingview and Twitter are seeing this greenery of today as a bull trap and are short on bitcoin, in the near term. If BTC manages to stay above $4255-4260 we can then retest the $4600-$4800 levels, otherwise we fall down and anything below $4100 will probably send BTC to the […] The post Bitcoin (BTC) recovery a forlorn hope, we are set to go another leg down appeared first on CaptainAltcoin. дальше »

2018-11-29 03:19


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31