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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


SWIFT Outperforming Ripple, Bitcoin ETF On The Way, JP Morgan Launches Own Coin, XRP Centralized, Coinmama Hacked, Nasdaq to Add BTC and ETH Indices to its Global Data Services: This Week In Crypto

This week, as usual, was full of activities, most of it focused on the future of cryptocurrencies and cryptocurrency adoption. Top among the stories were predictions on the future price of Bitcoin which have been mostly bullish. дальше »

2019-2-17 11:13


Bloomberg: Bitcoin (BTC) Technicals “Flash Buy” As Crypto Recovers

Bitcoin (BTC) Technical Indicators Turn Bullish It’s 2019, and it seems that prospects are already looking bright for Bitcoin and the cryptocurrency market at large. According to a recent article posted by Bloomberg’s Vildana Hajric and Reade Pickert, a number of technical indicators/signals have begun show bullish signs, after a multi-month lull in crypto valuations. дальше »

2019-1-3 03:00


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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


Crypto Market to See a Huge Bullish Rally By Year End as Latest Reports Hints On an Imminent ETF Approval

As the deadline for review of ETF applications draws near, a report has tipped that approval of an ETF is highly likely. The report which is based on sources from CBOE said the outcome of a meeting between  US Securities and Exchange Commission (SEC) commissioner Elad Roisman and the CBOE, VanEck, and SolidX shows signs […] The post Crypto Market to See a Huge Bullish Rally By Year End as Latest Reports Hints On an Imminent ETF Approval appeared first on ZyCrypto. дальше »

2018-10-23 23:02


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Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentiment

Chris Kline, co-founder and COO at Bitcoin IRA, identifies the signs that lead him to predict Bitcoin price will reach USD $40,000 in the next few months. Kline: Bitcoin Price Might Surpass USD $40,000 by the End of 2018 Bitcoin’s (BTC) sustained steady rise towards the USD $7,000 price mark is causing investors to pore over data trying to identify indicators that can confirm whether the bearish trend is now reversing course. дальше »

2018-9-25 04:00


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CNBC as Reverse Indicator of Bitcoin Price ’95 Percent Accurate’

Mainstream media network CNBC has become an unlikely Bitcoin hero this week after an analyst showed its bull and bear forecasts were, in fact, signs the cryptocurrency would do the opposite. Bulls, Bears, And CNBC In a submission on TradingView, Jacob Canfield noted how various tweets from CNBC about Bitcoin going higher or lower coincided with abrupt U-turns in the cryptocurrency’s price direction. дальше »

2018-8-25 01:00


Bitcoin [BTC] Recovery Continues As Price Briefly Touches $6600

The Bitcoin price rose all the way up to trade above $6600 briefly. We noted in yesterdays technical analysis article that a lot of signs were pointing towards the bullish movement. Yesterday’s candle had a long upper wick showing that it wasn’t yet prepared to trade at the higher prices, but we see a small follow […] Bitcoin [BTC] Recovery Continues As Price Briefly Touches $6600 was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-16 16:34


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Tom Lee Says Bitcoin ‘Isn’t Broken.’ Actual Events Prove Him Right

Despite the sharp fall in Bitcoin (BTC) last week, Tom Lee, CEO of Fundstrat, is still spreading his strong bullish sentiment. In an interview for CNBC, Mr. Lee commented that Bitcoin (BTC) still had enough reasons to increase its value and that in fact, in the middle of the bearish market, there are signs to […] The post Tom Lee Says Bitcoin ‘Isn’t Broken. дальше »

2018-8-10 02:10