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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


Leading Crypto Market Analyst Refers To Recent Bitcoin Price Recovery As A “Zombie Rally”

Respected Analyst Refers To Recent Bitcoin Recovery as a “Zombie Rally” As many of us already know, the past week has seen Bitcoin (BTC) rally strong and cross the $4,100 threshold once again. This strong push comes after the premier asset had dipped to an annual low of around ~$3150 (a week back). However, despite […] дальше »

2018-12-23 22:31


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


Bitcoin Price Rally Gets Underway, U.S Regulators Launch Probe Into Price Manipulation

Finally, it seems bitcoin has bottomed. Today- November 21, the market has seen some green after five days of nearly endless price bloodbath all around. Now, confused holders- most of which still don’t understand why bitcoin took such a dramatic price fall in such a short time, can breathe a sigh of relief knowing they […] The post Bitcoin Price Rally Gets Underway, U. дальше »

2018-11-21 17:25


Why There is still Much Hope for Another Superb Bitcoin Price Rally

Bitcoin, irrespective of its performance on the crypto chart, has seen an increase in positive signs in its growth. The most significant coin in the crypto world, has seen some troubling times this year, even hitting a new yearly low volume within the past 48 hours but that still hasn’t frightened investors, as many of […] The post Why There is still Much Hope for Another Superb Bitcoin Price Rally appeared first on ZyCrypto. дальше »

2018-10-28 23:16


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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29


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


Ethereum Co-Founder: Blockchain Growth Based on Marketing is Hitting a Dead End

Ethereum co-founder Vitalik Buterin is of the opinion that the cryptocurrency market is unlikely to experience an explosive bullish rally similar to the one seen in late 2017 ever again. The ‘gold rush’ is in the past and now the average person is aware of blockchain and digital currencies, thus erasing the surprise element of. дальше »

2018-9-9 01:00


Trader: Ethereum is More Vulnerable Than Bitcoin to a Major Correction

Throughout this week, some of the most widely recognized traders in the cryptocurrency community have said that Bitcoin is due for another correction before initiating a mid-term rally. Peter Brandt, a highly experienced trader in the FX and cryptocurrency market, said in his 43 years of trading, he has not seen any asset that experienced […] The post Trader: Ethereum is More Vulnerable Than Bitcoin to a Major Correction appeared first on CryptoSlate. дальше »

2018-9-3 18:00