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Bitcoin Price Surges 11% Hitting The $3,700 Target

Bitcoin price surged 11% after being led by Litecoin’s impressive 30% move earlier in the day. The cryptocurrency market is also up 10% as a whole at the time of writing. Bitcoin Price: 1 Day Chart As Bitcoinist reported on Monday, we were expecting a volatile week and as Friday came it did not disappoint, with Bitcoin price blasting out of its descending wedge, through resistance at $3500 and hitting the $3700 target, which we Read More The post Bitcoin Price Surges 11% Hitting The $3,700 Target appeared first on Bitcoinist.com. дальше »

2019-2-8 21:00


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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »

2019-1-26 03:13


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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 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


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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


Cardano, EOS, Stellar Lumens, IOTA, Litecoin Price Analysis

Despite a moral boosting altcoin recovery, most are yet to print above minor resistance levels—Litecoin, IOTA while other are still lagging—EOS and bearish. As laid out in previous trade plans, we shall only initiate positions—like in Cardano (ADA/USD) since they have a bull backing—high volumes wide trade range—once our trading conditions are true. дальше »

2018-11-29 06:15


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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


Basic Attention Token Nosedives 20% Amidst SEC Crackdown Concerns

The native cryptocurrency token powering the Brave browser, Basic Attention Token, has fallen 20% overnight over concerns stemming from the SEC’s recent crackdown. BAT Faces Deep Correction After Coinbase Listing Surge While Bitcoin and much of the rest of the cryptocurrency market continue to struggle to break out through long-term downtrend resistance, Basic Attention Token. дальше »

2018-11-9 20:00