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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


Could Central Banks Possibly Drive Up The Price of Bitcoin?

For more than a year, Bitcoin has seemed pretty stuck as it seems to hold steady without making any major breakthrough. In fact, the all-time high price of $19,783.06 that the sector saw in December of 2017 is looked back upon with so much longing, leaving people wondering whether there’s any chance at all that […] The post Could Central Banks Possibly Drive Up The Price of Bitcoin? appeared first on ZyCrypto. дальше »

2019-3-26 17:08


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Ethereum ‘Will Be Better’ If Price Goes Up, Concedes Vitalik Buterin

ETH price indeed matters for the development of the Ethereum, says Vitalik Buterin, who also notes that if the price is zero, then the network cannot be secure.   Ethereum Price Matters Says Vitalik Buterin Speaking to a full house at the Columbia Journalism School on Wednesday, March 20th, Ethereum co-founder, Vitalik Buterin, stated that the price of the Ethereum token (ETH) must sustain its high level to ensure that the Ethereum ecosystem continues to develop. дальше »

2019-3-22 16:00


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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