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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


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


Using alternative indicators to confirm sentiment change and price breakouts

After the launch of JP Morgan's 'stablecoin' crypto is back in the mainstream narrative which should be a positive for the wider market if it warms public sentiment. While there is no indication this news is a turning point for the bear market it does highlight how we could use alternative indicators alongside price to confirm a breakout into the next bull run. дальше »

2019-2-21 15:00


Using alternative indicators to confirm sentiment change and price bottom

After the launch of JP Morgan's 'stablecoin' crypto is back in the mainstream narrative which should be a positive for the wider market if it warms public sentiment. While there is no indication this news is a turning point for the bear market it does highlight how we could use alternative indicators alongside price to confirm a breakout into the next bull run. дальше »

2019-2-19 15:00


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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


Chinese Bitcoin Bull Says this Bear Market is the Best Time to Buy Bitcoin, Likely to Reach $50,000 by 2021

Although the Bitcoin (BTC) and cryptocurrency market is not in its best state and many people are staying away from it, experts say this is the best time to invest in the market. A Bitcoin bull and Chinese Bitcoin billionaire Zhao Dong has reaffirmed this by saying investors should buy Bitcoin now that the price […] The post Chinese Bitcoin Bull Says this Bear Market is the Best Time to Buy Bitcoin, Likely to Reach $50,000 by 2021 appeared first on ZyCrypto. дальше »

2019-2-13 10:25


Institutional Investors are Already Turning to Crypto: Should You Fear Missing Out?

Two public pensions from Fairfax County, Virginia’s Police Officer’s Retirement System and Employees’ Retirement System, have invested in Morgan Creek’s new $40 million crypto fund. Anthony Pompliano, a Morgan Creek general partner, said that it is the first case in which public pensions have invested in the cryptocurrency market. дальше »

2019-2-12 18:28


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Fundstrat: Bitcoin Fundamentals “Should” Turn Positive Over 2019

While 2018’s lethargic crypto market crawl has continued into early-2019, save for Friday’s sudden buy-side influx, analysts have begun to express optimism. Case in point, Fundstrat Global Advisors, a New York-headquartered investment advisory outfit, expressed why the outlook for Bitcoin and other cryptocurrencies could improve over 2019. дальше »

2019-2-10 03:00


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Living on Bitcoin for a Week in San Francisco

When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary. дальше »

2019-2-5 23:06


Digital Gold Thesis Shows Bitcoin (BTC) Is Undervalued, Should Be At $10,000

Bitcoin Likely “Massively Undervalued,” Claims Analyst PlanB, a leading cryptocurrency-friendly researcher on Twitter that has the handle “100trillionUSD” a (likely reference to his/her long-term prediction for the market capitalization of Bitcoin), recently took to his feed to claim that at the moment, BTC could be “MASSIVELY undervalued. дальше »

2019-2-4 09:00


Deloitte & Touche Complete SOC 2 Security and Privacy Audit for Gemini Exchange

Deloitte & Touche is considered one of the “Big Four” auditing firms, which means that anyone who can pass their examination should be admired. Considering how the company often works within the traditional market, the fact that the Gemini crypto exchange just completed it is a feat in itself. Gemini took to Twitter to announce […] дальше »

2019-1-30 17:33


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Italian Court Holds BitGrail Owner Responsible For Nano Hack

There aren’t a lot of bright spots in the crypto market, but a recent court decision should put the twinkle back in a few Nano hodler’s eyes. An Italian bankruptcy court has ruled Francesco Firano, owner of the Bitgrail exchange, to be fully responsible for the loss of his customer’s crypto, and ordered him to […] The post Italian Court Holds BitGrail Owner Responsible For Nano Hack appeared first on Crypto Briefing. дальше »

2019-1-29 18:23


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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


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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