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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


In the Daily: UAE Needs to Keep up With Crypto, Australia to Support Local Blockchain Industry

In this edition of The Daily we feature two countries that want to promote their positions in the cryptocurrency and blockchain world. In the UAE a top banker has stated that keeping up with crypto is crucial to become an international financial hub and in Australia the government is investing in the local industry. дальше »

2019-3-18 15:45


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Ethereum Price Analysis: ETH Turns Bearish as Constantinople Upgrade Looms

Is the Ethereum price tumble from $165 the result of a strong rejection at a crucial resistance or simply ETH and BTC longs unwinding after an impressive weekend rally? 1-Hour Chart ETH tumbled after tackling the $165 resistance but the abrupt correction throughout the market appears to have been the primary reason for stopping its advance to $170. дальше »

2019-2-26 10:00


Bitcoin Price Analysis: BTC Approaches Crucial Support at $3,569 — Can the Bulls Now Defend This Area to Prevent a Short-Term Bearish Trend?

Bitcoin has now approached our previously highlighted area of support at the crucial $3569 handle. Support moving forward: $3,569,… The post Bitcoin Price Analysis: BTC Approaches Crucial Support at $3,569 — Can the Bulls Now Defend This Area to Prevent a Short-Term Bearish Trend? appeared first on Invest In Blockchain. дальше »

2019-1-22 22:45