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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 Watch: Is 2019 Already Off to the Right Start?

At press time, the father of cryptocurrency has experienced a $100 spike since our previous price article and is now trading for well over $3,800. Is this a fluke of sorts, or is this some sort of sign that things are already getting better in the new year? 2018 has come and gone, and many […] The post Bitcoin Price Watch: Is 2019 Already Off to the Right Start? appeared first on NullTX. дальше »

2019-1-3 00:52


Dec 14th Crypto News Recap Part 2: Coinbase, EU Sandbox, Cryptojacking, BBVA Bank, Crypto Valley [VIDEO]

Bitcoin (BTC) Price Finds New 2018 Low at $3,180 USD as Investors Seek for the Bottom's Bottom Bitcoin (BTC) Price Finds New 2018 Low at $3,180 USD as Investors Seek for the Bottom's Bottom Coinbase Crypto Exchange Launches the Single Sign On (SSO) via Consensus Coinbase Crypto Exchange Launches the Single Sign On (SSO) via […] дальше »

2018-12-15 09:31


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52


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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


Top European Banks Partake In New EU Commission Blockchain App Association

Major European Banks Sign Up For A New European Union Commission Blockchain App Association Despite what anyone may say about the price of Bitcoin in the market, the crypto market is, when you look at it from a general perspective, still booming because of the developments of the blockchain technology and the creation of frameworks […] дальше »

2018-11-23 08:00


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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


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28