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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


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ICO Tokens Still Highly Correlated to Bitcoin

The aftermath of the 2018 bear bloodbath saw an increasing correlation between Initial Coin Offering (ICO) tokens and Bitcoin (BTC), despite the clear differences between them. According to an article published March 26, 2019, by VoxEU, some commentators at the Center for Economic Policy Research (CEPR) say this absence of an uncoupled price regime couldRead More дальше »

2019-3-27 18:00


Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Coins trade in green as market breaches $140 billion mark

The collective cryptocurrency market surged and broke the $140 billion mark for the first time in a week, as major coins turned green. Bitcoin [BTC] and Litecoin [LTC], the first and fourth largest virtual currencies in the market, saw commendable gains as EOS and Cardano [ADA] took the market by storm. дальше »

2019-3-27 10:30


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


Latest Cryptocurrency News: Recent Bitcoin and Blockchain Storylines (March 5th)

Today’s Coin Price Watch: BTC, ETH, XRP and BCH Cryptocurrency Chart Predictions Prices are moving in the cryptocurrency market, and there are many tokens that saw substantial gains today. Are you invested in one of them? Today's Coin Price Watch: BTC, ETH, XRP and BCH Cryptocurrency Chart Predictions New LocalBitcoins 2019 Data Shows Venezuela’s Staggering […] дальше »

2019-3-6 08:45


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Report Claims That “Sextortionists” Absconded With Over $300,000 in Crypto in 2018

Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018. дальше »

2019-3-1 18:10


Bitcoin Price Watch: BTC Value Analysis Shows Newfound Confidence at Current Trading Levels

The past week has been great for Bitcoin and the whole crypto market overall. After hovering in the $3,600 level for a month, the market finally saw some positive momentum last weekend. Since then, Bitcoin’s price gained over 10% and was able to find new support. At the time of writing, Bitcoin is trading at […] дальше »

2019-2-22 23:10


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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


Early Bitcoin Supporter ‘Cobra’ Says BTC Does Not Need More Forks Regarding Block Size Reduction

Bitcoin has a controversial history with hard forks. Anyone who follows crypto news for a while knows about all the problems created when Bitcoin Core and Bitcoin Cash decided to split and last November we all saw the drama that happened when Bitcoin Cash split with Bitcoin Satoshi Vision (SV). Now, someone has decided that […] дальше »

2019-2-13 03:31


Google Gets in Bed with Bitcoin (BTC), Ethereum (ETH) and Ripple’s (XRP) Blockchain via BigQuery

Allen Day is one of those types that is well-equipped for a world that is increasingly online more than off. as a senior data scientist, and creator of a large number of tools that are now commonly put into practice by Google, he saw something particularly interesting taking place on the Ethereum Blockchain. While there […] дальше »

2019-2-6 07:19