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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52


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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


Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run. дальше »

2018-11-28 01:55


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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


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Bitcoin Price Analysis: Will Bitcoin Bite Back?

Now that the Bitcoin Cash hard fork is complete, will Bitcoin bounce back from a $1,200 loss? Market Overview Yesterday’s 8% move from $5,188 to $5,700 was nice but does the King of Cryptocurrencies have any other cards up its sleeve? At the moment bull volume is nearly non-existent and as the weekend approaches it could taper even further so barring some positive breaking news, bitcoin (BTC) seems set to trade in the current range Read More The post Bitcoin Price Analysis: Will Bitcoin Bite Back? appeared first on Bitcoinist.com. дальше »

2018-11-17 07:00


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


Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02


Tron (TRX) seems to be the Most Talked About Coin of the year, Are you missing Out If You Don’t Own Any ?

The world of cryptocurrencies has been known to be in constant fluctuation. A quick look at the starting price of any coin in the market today tells it all. For example, who would have thought that a crypto like Tronix could make huge leaps spanning percentage increases by the thousands? At the moment, Tronix is […] The post Tron (TRX) seems to be the Most Talked About Coin of the year, Are you missing Out If You Don’t Own Any ? appeared first on ZyCrypto. дальше »

2018-8-30 17:59


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Bitcoin Trend Chart Predicts 2020 Block Halving Could Be Massive For Price

The next Bitcoin block reward halving event could prove to be a watershed moment for its price, according to data currently circulating around social media. $10 Million By 2023? A summary of Bitcoin’s price at the first two block halvings uploaded to Reddit by Telegram news channel What’s On Crypto notes that Bitcoin prices increased by orders of magnitude in each period. дальше »

2018-8-18 01:00


Overstock’s Stock (OSTK) and Bitcoin (BTC) Price has Strong Correlation

A Correlation Between Overstock’s Stock And The Bitcoin Price There is a very strange “coincidence” happening at the market right now. If you watch closely the Bitcoin price and the Overstock.com (OSTK) stocks at the moment, you can notice that both of them seem to be following the same pattern. It may look surprising that […] дальше »

2018-8-18 00:01


Crypto Tourism on the Rise as Crypto Market Booms

The crypto market hasn’t been in an ideal situation at the moment for investors, with price volatility and hacks dangling around its face, but it isn’t all bad news as elsewhere, the blockchain and cryptocurrency industry is taking the minds of troubled investors’ off the bad news to exciting ones which is also attractive to […] The post Crypto Tourism on the Rise as Crypto Market Booms appeared first on ZyCrypto. дальше »

2018-6-30 18:11


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TRX Price Shoots As TRON Foundation Release Odyssey v2.0.3, Token Migration Begins

With so much going on behind the scenes of the TRON MainNet launch at the moment, it is pretty easy to forget exactly where the project stands and what is happening with the roll out. Over the past few weeks, TRON has been subject to a series of updates and testing procedures that are being carried out to ensure the full MainNet and token migration can be completed in the most stable manner. дальше »

2018-6-21 12:30