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What Bitcoin’s Latest Dip Tells us about Future Prices
The Bitcoin price moved considerably during the week of May 3-10. The price started the week near $8,900 and reached a high of $10,067, only to decrease all the way back to $8,113 briefly. However, the price rebounded and reached a close of $8,832, only slightly lower than the opening price. дальше »
2020-5-11 11:15 | |
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Ethereum Diverges From Bitcoin While Showing Weakness
The Ethereum (ETH) price has been increasing along with Bitcoin (BTC) since March 13. Both prices reached a high on April 30. However, while Bitcoin has proceeded to move well above that high, the Ethereum price has created a lower high instead. дальше »
2020-5-9 22:59 | |
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Crypto Price Analysis May 7: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK
The Bitcoin price has possibly created a double top relative to its April 30 high. Each time 210,000 blocks are mined, the block reward for mining is cut in half. The upcoming event, the third Bitcoin halving, is now quickly approaching since fewer than 1,000 blocks are left until the 630,000 block milestone is reached. дальше »
2020-5-8 00:20 | |
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Can Bitcoin Break Out Above this Long-Term Resistance Line?
The Bitcoin price has reached an important resistance line which has been in place since the price reached an all-time high in December 2017. Well-known trader @PostyXBT tweeted a Bitcoin price chart that shows that the price is trading at a very critical resistance level. дальше »
2020-5-7 20:18 | |
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This 2019 Bitcoin Fractal Predicts a Further 50% Price Increase
On April 30, the Bitcoin (BTC) price reached a high of $9,460. The price has not crossed higher since. but the movement preceding the high shares several similarities with the price action in May 2019. дальше »
2020-5-7 21:20 | |
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How Long Will Digibyte Continue to Pump?
On March 23, the Digibyte (DGB) price reached a low of 52 satoshis. It immediately began an upward move which is still ongoing. To date, the price has increased by 462% since. Using the weekly chart, we can see that the upward move was preceded by a very significant bullish divergence in the RSI, which […] The post How Long Will Digibyte Continue to Pump? appeared first on BeInCrypto. дальше »
2020-5-7 17:10 | |
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Outlining a Bullish Wave Count for Bitcoin
The Bitcoin price has reached a descending resistance line that has been in place for more than two years. A breakout above this line would have major bullish implications for the future price. Well-known trader @crypto_rand outlined a BTC chart that shows a possible bullish pennant, which he believes could cause a breakout, giving a […] The post Outlining a Bullish Wave Count for Bitcoin appeared first on BeInCrypto. дальше »
2020-5-6 23:20 | |
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Analyzing Bitcoin’s Correlation With the S&P 500
The S&P 500 has been increasing since March 13, when it reached a low of $2,173. Since then, the price has increased by 28%. However, the increase has seemingly stalled over the past week, since the price has reached an important resistance level. дальше »
2020-5-5 01:15 | |
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Has Bitcoin Been Following a Wyckoff Distribution Pattern?
On April 30, the Bitcoin (BTC) price reached a high of $9485 and dropped shortly after. The movement since shares some resemblance to a bearish Wyckoff distribution pattern — out of which a breakdown is expected. дальше »
2020-5-4 17:03 | |
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Bitcoin Fails to Sustain Prices Above $9,000
During the week of April 27-May 4, the Bitcoin price increased considerably and created a bullish engulfing candlestick. While the price began the week at $7,700, it reached a high of $9,640 before decreasing back below $9,000. дальше »
2020-5-4 13:10 | |
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Outlining Every Possibility for Bitcoin’s Correction (Part 2)
The Bitcoin price has reached a major resistance trend line, one that has been in place since BTC reached an all-time high price in December 2017. The reaction to this line will determine whether the Bitcoin price has completed its correction and has begun a new upward move, or if another corrective wave will follow. дальше »
2020-5-3 20:14 | |
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Can Bitcoin Price Eclipse $10k Before Halving? Here’s What Analysts Think Will Happen
Bitcoin on April 29, reached the $8,000 mark for the first time since Mid-March and a vital factor behind the surge is attributed to the incoming halving event. The Bitcoin halving event has a proven track record of spiking the price value of the digital coin pre and post-event as Bitcoin has seen unprecedented rises […] дальше »
2020-5-4 17:04 | |
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Crypto Price Analysis May 1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK
The Bitcoin (BTC) price could not continue its rapid ascent on April 30. While the price reached a high of $9460, it decreased shortly after — reaching a bearish close and a very long upper wick. дальше »
2020-5-2 23:10 | |
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This is How Close the Bitcoin Price is to Hitting $10,000
Two weeks to the much-anticipated halving event and the Bitcoin Price upswing has started. Bitcoin reached a high of $9,189 yesterday after closing the previous day at $8,658, in the biggest single-day gain of 2020 since the black Thursday crash in March. дальше »
2020-5-2 21:32 | |
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Bitcoin‘s Fate May be Determined By How it Responds to this Single Level
Bitcoin pushed higher overnight as bulls attempted to firmly surmount the $9,000 region, although the crypto faced yet another rejection at these price levels One fund manager is now noting that BTC’s current price region seems like a logical place for its uptrend to stall This comes as a respected trader notes that the crypto has reached a pivotal price level that could determine its fate in the weeks and even months to come Bitcoin […] дальше »
2020-5-1 21:00 | |
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Cardano (ADA) Moves Above Range High — Do Further Gains Await?
The Cardano (ADA) price has been increasing at an accelerated rate since April 16, at one point having moved upwards by 85% in its USD pair and 35% in BTC value. However, ADA/BTC reached a high on April 28 and has been decreasing since. дальше »
2020-5-2 16:14 | |
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Bitcoin’s Breakout: New Upward Move or Retracement?
On April 29, the Bitcoin (BTC) price broke out from a short-term ascending channel that had been in place for the past five days. The price reached a high of $7966 before decreasing slightly. Bitcoin’s Breakout After five unsuccessful attempts at moving above the resistance line, the Bitcoin price finally managed to move above it […] The post Bitcoin’s Breakout: New Upward Move or Retracement? appeared first on BeInCrypto. дальше »
2020-4-29 14:58 | |
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Does Bitcoin have the Steam to Break Past $8,000?
The Bitcoin price has been decreasing since Feb 13, when the price reached a local high of $10,504. However, things took a turn for the worse on March 12, as the price plummeted by more than $3,000 in a single day. дальше »
2020-4-25 16:10 | |
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Crypto Price Analysis April 24: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK
On April 23, the Bitcoin price increased considerably and created the second successive bullish candlestick. The price reached a high of $7,738 before decreasing slightly. The aforementioned high is the highest price BTC has reached since the rapid decrease on March 12. дальше »
2020-4-24 21:26 | |
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Bitcoin Sets Sights on $8,000 after Closing a Higher-High
On April 23, the Bitcoin (BTC) price continued the rally it had begun the previous day, creating another bullish engulfing candlestick in the process. The increase initially went all the way up to $7,738, but dipped back shortly afterward and reached a close at $7,482. дальше »
2020-4-24 13:10 | |
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Bitcoin Makes a Lower-High — A Sign of Things to Come?
The price of BTC decreased considerably on April 20. While it initially reached a high of $7,220, the price began a rapid downward move shortly after, reaching a low of $6,751. Yesterday’s decrease caused the price to fall back within the $7,150-$6,650 trading range. дальше »
2020-4-21 14:10 | |
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Crypto Price Analysis April 20: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK
The Bitcoin price has been decreasing since April 19, when it reached a high of $7,293. The next day, a sharp drop followed in which BTC lost almost $200 in only two hours. Ahead of the third halving, which is projected to occur on May 12, institutional investors have been showing increased interest in cryptocurrencies, […] The post Crypto Price Analysis April 20: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto. дальше »
2020-4-21 01:15 | |
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What Does Bitcoin’s Bullish Weekly Close Indicate for the Future?
During the week of April 13-20, the Bitcoin (BTC) price reached a weekly close of $7120. This was the highest weekly close since the rapid decrease on March 12. Weekly Outlook In the weekly time-frame, the Bitcoin price has finally reached a close above the $6900 area — something it had been unsuccessfully trying to […] The post What Does Bitcoin’s Bullish Weekly Close Indicate for the Future? appeared first on BeInCrypto. дальше »
2020-4-20 11:58 | |
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Major Milestone: Subreddit /r/Cryptocurrency Surpasses One Million Subscribers
The r/CryptoCurrency subreddit has strongly run for seven years already and has reached its first million subscribers. To mark the important milestone, the moderators launch a crypto giveaway. The total price of 1. дальше »
2020-4-20 22:08 | |
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Determining Bitcoin’s Directional Bias for the Short and Long Term
On April 16, the BTC price reached a low of $6,468. However, the price immediately reversed and increased by 10% during the day to reach a close of $7,101. This unexpected movement prompted full-time trader @CryptoCred to make a tweet attempting to outline the directional bias of the BTC price movement. дальше »
2020-4-17 15:10 | |
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How Stablecoins are Harmful to the Price of Bitcoin (BTC)
In brief: Stablecoin market capitalization has reached a whopping $8 Billion. This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC). With central banks minting fiat, stablecoins are backed by currencies prone to inflation. дальше »
2020-4-18 10:27 | |
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Crypto Price Analysis April 16: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK
In the early hours of April 16, the BTC price reached a low of $6,461. However, it immediately reversed its trend and has reached a high of $7,147 within the same day. This increase could have been caused by the printing of $120 million Tether (USDT), which occurred slightly prior to the price beginning its […] The post Crypto Price Analysis April 16: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto. дальше »
2020-4-17 19:15 | |
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Bitcoin’s February Fractal Foretells a Bearish Spring Season
On April 15 the BTC price decreased considerably, at one point reaching a low of $6,461. In addition, the closing prices were the lowest reached so far in April. However, the trend reversed the next day, and BTC has increased by almost 10% on the day. дальше »
2020-4-17 15:10 | |
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Bitcoin Moves Sideways — Retracement or New Upward Trend on the Horizon?
On April 13, the Bitcoin price reached a high of $7,140 but began a rapid decrease almost immediately afterward. The price has been increasing since, but it has yet to move above significant resistance levels that would indicate a new upward trend. дальше »
2020-4-15 11:23 | |
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Bitcoin’s February Fractal Predicts a Wild Ride Incoming
On April 7, the Bitcoin price reached a high of $7,469. However, it immediately began a downward move and has created two successive lower-highs since then. This raises the possibility that the price is following a fractal from an almost identical movement that began on February 13. дальше »
2020-4-15 22:10 | |
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Forecasting Bitcoin’s Future Movement using Wyckoff Distribution
The Bitcoin price reached a low of $3,850 on March 13 and has been increasing since. The shape of the movement resembles a Wyckoff distribution chart. Full-time trader @TraderX0X0 tweeted a Wyckoff distribution chart that he believes will serve as an accurate predictor for the BTC price movement in the medium-term. дальше »
2020-4-14 00:10 | |
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Bitcoin Breaks Down Below Support — Is the Bullish Trend Broken?
On April 8, the Bitcoin price reached a high of $7,420. The price began to gradually decrease the next day and on April 10 it broke down below the ascending support line it has been following since March 30. дальше »
2020-4-10 12:05 | |
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How Bitcoin’s Current Upward Move Compares to Previous Bull Traps
The Bitcoin price has been increasing rapidly since reaching a low on March 13. At the time of writing, BTC is trading a full 94% above the aforementioned low of $3,760. Despite the massive increase, not everyone is convinced that BTC has already reached a bottom, One such individual is cryptocurrency trader @CryptoCapo_, who outlined […] The post How Bitcoin’s Current Upward Move Compares to Previous Bull Traps appeared first on BeInCrypto. дальше »
2020-4-10 18:11 | |
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Analyzing Bitcoin’s 2018 Correction in Order to Predict the Bottom
The Bitcoin price has been in a long-term correction since reaching $13,880 on June 24, 2019. The pattern of the correction shares some similarities with that after the price reached its current all-time high in December 2017. дальше »
2020-4-7 16:10 | |
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Analyzing Bitcoin’s 2018 Bottom to Predict the Current Movement
On March 13, the Bitcoin price reached a low of $3782. This was followed by a rapid upward move that eventually took the price to a high of $7199. This movement shares numerous similarities with the movement near December 2018, when the price reached a bottom of $3194. дальше »
2020-4-4 03:07 | |
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This Bitcoin Moving Average Could Determine the Direction of the Trend
The Bitcoin price has been increasing in the month of April, having done so by more than 10% until now. However, the rally stalled once the price reached an important moving average (MA), which has been a reliable predictor of the trend’s direction for the entirety of 2020. дальше »
2020-4-4 23:15 | |
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Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution
On March 20, the BTC price reached a high of $6,900. Since then, it has been mostly trading in a range between $6,100-$6,900, with the exception of a failed breakdown attempt on March 27. On April 2, the price initiated a rapid upward move and reached a high of $7,192, however, the higher prices could […] The post Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution appeared first on BeInCrypto. дальше »
2020-4-3 17:10 | |
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Is Bitcoin Moving in an Ascending Triangle or Wedge?
On April 2, the Bitcoin price initiated a very swift upward move, rallying from a low of $6,551 to a high of $7,194. While initially, it seemed that this movement would cause a breakout above the current pattern, the higher prices could not be sustained and BTC reached a close of $6,794, slightly below the […] The post Is Bitcoin Moving in an Ascending Triangle or Wedge? appeared first on BeInCrypto. дальше »
2020-4-3 13:45 | |
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What Will the Bitcoin Price Be by the End of the Year?
On March 13, the BTC price reached a low of $3,850. While this initially seemed to cause a breakdown below numerous support levels, the price immediately began an upward move and proceeded to reach a monthly close above $6,000. дальше »
2020-4-3 00:22 | |
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This Indicator Shows Bitcoin May Soon See a Massive Influx of Buy Orders
After a period of facing some downwards pressure, Bitcoin bulls have been able to step up and lead the crypto higher, pushing it back into the mid-$6,000 region. This recent price action seems to indicate that both bulls and bears have reached an impasse, as neither have been able to garner any decisive momentum in... дальше »
2020-4-2 03:00 | |
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Determining if Bitcoin’s Current Pattern is Bullish or Bearish
Since taking a significant move to the downside on March 12, the Bitcoin price has been trading in a range between $4,800-$6,800. The price reached the resistance line on March 25 and has been decreasing since. дальше »
2020-4-1 16:28 | |
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Will Bitcoin Finally Be Able to Close Above $6,500?
On March 30, the BTC price reached a low of $5,857. It has been rapidly increasing since. However, the rally has stalled at $6,500, and while the price has made numerous attempts at breaking out, they have all been ultimately unsuccessful. дальше »
2020-4-1 04:15 | |
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