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Weekly MACD Histogram Most Bullish It’s Been Since Bitcoin Price Was Over $13K

The moving average convergence divergence (MACD) is a lagging indicator many analysts use to track longer-term trend changes in assets across a variety of markets. In Bitcoin, the histogram of this key indicator had been bearish throughout most of 2018 and into 2019, and only recently just rose into bullish territory during last week’s rally. дальше »

2019-3-5 23:00


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Bitcoin Cracks the $4,000 Mark for the First Time in almost Two Months: BTCManager’s Week in Review February 25, 2019

Bitcoin investors are finally getting the much-needed relief rally that saw the price of bitcoin surge past the $4,000 mark to close the week five percent higher week-on-week at around $3,900. After almost two months in the $3,000 range, bitcoin finally broke through the $4,000 mark as traders have started to hit the buy buttonRead MoreRead More. дальше »

2019-2-25 12:00


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


Positive Start to the Week for Ethereum Makes Investors Wonder How Much More the Price Jump Will Go

It looks like this week is off to a good start with the cryptocurrency market after a $5 billion rally. Bitcoin and many altcoins are reporting gains on their value, but the one with the biggest growth appears to be Ethereum, which had increased by 12% by this morning. As of this morning, and still […] дальше »

2019-2-19 05:41


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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


TD Ameritrade Says US Stock Market Stability is Luring Investors, But Here’s Why the Dow Might Not Bounce Back

Throughout the past two weeks, analysts have generally attributed the recovery of Dow Jones to technical factors, expressing skepticism toward the sustainability of the U. S. stock market rally. This week, Shawn Cruz, a trader strategy manager at $30 billion brokerage giant TD Ameritrade, said that the sentiment in the U. дальше »

2019-2-12 23:10


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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


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Bitcoin Bounces above $4,000 as Santa Rally Brings Relief to Markets: BTCManager’s Week in Review

The price of bitcoin rallied by over 20 percent to close the week above the $4,000 thanks to a “Santa Rally ahead of Christmas. After weeks of red markets, this rally provided some relief to crypto investors as the market seems undecided on whether it wants to find a new bottom or rally into the new year. дальше »

2018-12-25 00:00


Institutional Investments Entering the Crypto Market in 2019 Will be Amazing Says Coinbase President

With the price of Bitcoin [BTC] plummeting all through Nov-Dec, it seemed as if many investors had finally given up on the idea of a crypto rally during the final stages of 2018. However, in a completely unexpected turn of events, Bitcoin suddenly surged by a whopping 25% within the last week or so. In […] дальше »

2018-12-23 04:04


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