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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


Garbage ICOs wipeout might fuel bitcoin’s next bull run. Whales are on the move with 20k bitcoins shifted from exchanges

Quick wrap up of today’s BTC price action: Santa rally appears to have more fuel in its tank.   Bitcoin price keeps climbing higher, breaking couple of resistance levels.   BTC is enjoying chunky gains of 6% and is following a steep bullish trend line with support at $3,700 on the 2-hours chart. дальше »

2018-12-20 23:41


Bitcoin price soar: What is behind today’s sudden spike in BTC price?

Bitcoin finally brought some smile on the hodlers faces on Monday, finally topping the $3,400 level after weeks of plummeting. What could be the reason for this sudden soar? Traders have pinpointed the move to the activity in Asian markets, buying on Japan and Hong Kong-based exchanges lead the bulls on the first day of […] The post Bitcoin price soar: What is behind today’s sudden spike in BTC price? appeared first on CaptainAltcoin. дальше »

2018-12-18 02:05


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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


New 2018 Lows Again for Bitcoin [BTC] Price

Bitcoin has formed new 2018 lows yet again pricing in a low around $3300. Bitcoin began its decline from $3900 on Wednesday where it was consolidating just below the key $4000 level. Bitcoin has since returned back up to $3400 but the downward move over the past few days has been extremely bearish for the prospects […] New 2018 Lows Again for Bitcoin [BTC] Price was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-7 18:14


BTC/USD Price Analysis: Price Stall at $4,300 as The US OFAC “sanction” Bitcoin Addresses

Latest Bitcoin News In a laughable move, the United States Treasury Department Office of Foreign Assets Control has issued “sanctions” against two Bitcoin addresses–149w62rY42aZBox8fGcmqNsXUzSStKeq8C and 1AjZPMsnmpdK2Rv9KQNfMurTXinscVro9V—belong to two Iranians–Ali Khorashadizadeh and Mohammad Ghorbaniyan, accused on assisting hackers launder their Bitcoin proceeds. дальше »

2018-11-30 10:15


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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