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Bitcoin Blazes Bullish in Long-Term Indicator – For the First Time Since 2015

The crypto market has begun to demonstrate signs of new momentum as bitcoin slightly recovered to over $5,200 and other major crypto assets like Ethereum and EOS recorded large gains on the day. According to trader Jonny Moe, bitcoin is close to breaking the 200-day simple moving average (SMA) cross for the first time since October 2015. дальше »

2019-4-10 13:04


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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


This Ripple Chart Analyst Calls Out a 98% Crash in XRP Price in Two Years, Under $.005 USD Per Coin

The ongoing prolonged bear market has the crypto community eagerly waiting for a rally. With Bitcoin showing no signs of life yet, altcoins like Ethereum and XRP are at rest as well. However, according to the latest analysis by a crypto trader on TradingView, the third largest digital asset by market cap of $12.6 billion […] дальше »

2019-3-26 20:54


Bitcoin, Gold Strongly Correlated in 3-Week High to Spell Stock Market Disaster

Bitcoin and gold both hit three-week highs on Thursday after a period of highly correlated trading. It comes as the dollar crashes and warning signs flash on the stock market. The correlation strengthens bitcoin’s case as “digital gold” and proves that traders are beginning to treat cryptocurrency like a traditional asset. дальше »

2019-3-21 16:13


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


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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


Crypto Spring Blooms? Bitcoin Transactions Hit Highest Level in 13 Months

Positive news has been stretched thin during the “Crypto Winter,” but there are now genuine signs that the ice is beginning to thaw. With Bitcoin showing remarkable resiliency and price stability in a world that wants to write it off, there are many fundamentals to which believers in the world’s largest cryptocurrency like to pay attention. дальше »

2019-3-8 02:00


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New Data Shows Bitcoin Accumulation is in Full Swing

Bullish signs are everywhere for Bitcoin (BTC) March 1st as the largest cryptocurrency continues its record-breaking bear market cycle in 2019. Addresses Amassing Coins At 4K Capping a fifth day of broad stability, the bitcoin price was holding steady at around $3850 Friday, while data from traders suggested February ended the worst six-month performance for bitcoin ever recorded. дальше »

2019-3-1 18:00


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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


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Bitcoin Is Fast Evolving Into a Global Reserve Currency, Says Morgan Creek Digital Founder

Despite the bearish run of 2018, there’s no stopping Bitcoin from emerging a de-facto global reserve currency. It may sound like wishful thinking at a time when the broader crypto market is only just showing the signs of a possible recovery, but the forecast is actually coming from a respected voice in the crypto space […] Bitcoin Is Fast Evolving Into a Global Reserve Currency, Says Morgan Creek Digital Founder was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-2-19 15:29


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


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What Crypto Winter? Ethereum Based MakerDAO Posts Staggering Growth

Ever since the crypto asset market began to express signs of onset bear market blues, investors have clamored for oases. While many have cast aside investments in decentralized application-centric platforms, like Ethereum and EOS, for Bitcoin to hedge their formerly-diversified portfolios, many have glossed over MakerDAO, a platform that exemplifies the decentralization and democratization of. дальше »

2019-2-14 17:12