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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


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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


Cardano, EOS, Stellar Lumens, IOTA, Litecoin Price Analysis

Despite a moral boosting altcoin recovery, most are yet to print above minor resistance levels—Litecoin, IOTA while other are still lagging—EOS and bearish. As laid out in previous trade plans, we shall only initiate positions—like in Cardano (ADA/USD) since they have a bull backing—high volumes wide trade range—once our trading conditions are true. дальше »

2018-11-29 06:15


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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


Basic Attention Token Nosedives 20% Amidst SEC Crackdown Concerns

The native cryptocurrency token powering the Brave browser, Basic Attention Token, has fallen 20% overnight over concerns stemming from the SEC’s recent crackdown. BAT Faces Deep Correction After Coinbase Listing Surge While Bitcoin and much of the rest of the cryptocurrency market continue to struggle to break out through long-term downtrend resistance, Basic Attention Token. дальше »

2018-11-9 20:00


Why Analysts See Bitcoin Breaking Out of the $8,800 Resistance Level Very Soon

Crypto analysts and investors have established the $8,800 resistance level as a short-term target for Bitcoin, based on the optimistic technical indicators of the dominant cryptocurrency. Bitcoin Rally Ahead? Most of the predictions on the short-term rally of Bitcoin originated from data provided by RIG trend lines — an indicator that combines the Relative Strength. дальше »

2018-9-28 09:00


Hive.One Crypto Influencers Platform Sees XRP Supporters Request Removal of Ripple Accounts Section

Hive.One Forced To Remove Ripple Accounts Section By XRP Supporters The platform’s team confirmed that it endured plenty of criticism but declined to reveal the reason for the blame, and instead put out a statement, showing that this was the first time that they had encountered this kind of resistance. They suggested that they were […] дальше »

2018-9-25 21:32