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Markets Update: Most Cryptos Consolidating

The cryptocurrency meta-trend has seen most leading markets continue to grind sideways at key support zones, though there has been a slight bounce in the last few hours. Among the weakest performing major markets in recent days are tron (TRX), which has broken a critical ascending trendline following the bittorrent token (BTT) airdrop, and nem […] The post Markets Update: Most Cryptos Consolidating appeared first on Bitcoin News. дальше »

2019-2-1 17:15


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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


Bitcoin: BTC Stabilizes After Sinking Below $3,500, Analysts Claim it is Likely to Drop Further

Following a long period of sideways trading, Bitcoin (BTC) has now broken down below its previously established support level around $3,500. Today’s drop appears to have allowed BTC to establish support in the $3,400 region, but further volatility could easily push it down towards $3,000, where the cryptocurrency has significant buying pressure. дальше »

2019-1-29 23:00


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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


Popular Wallet Blockchain.com Adds Limited Support for Bitcoin SV (BSV) Token

Following the contentious hardfork that led to the creation of two versions of the controversial bitcoin cash (BCH), Blockchain.com (formerly Blockchain.info), the makers of one of the most trusted bitcoin wallets has announced partial support for BSV, after closing monitoring the network since November 15, 2018, when the fork took place, according to a blog […] дальше »

2019-1-24 00:36


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


Bitcoin and Crypto Markets Drop Slightly Following Recent Price Surge

Following yesterday’s market surge, the crypto markets have dropped slightly but Bitcoin is still trading well above its recently established support level at $3,550. Currently, most major cryptocurrencies are trading down 1% or more Analysts now expect the markets to trade within a relatively tight range for the near future, which could be proceeded by. дальше »

2019-1-16 00:00


Garbage ICOs wipeout might fuel bitcoin’s next bull run. Whales are on the move with 20k bitcoins shifted from exchanges

Quick wrap up of today’s BTC price action: Santa rally appears to have more fuel in its tank.   Bitcoin price keeps climbing higher, breaking couple of resistance levels.   BTC is enjoying chunky gains of 6% and is following a steep bullish trend line with support at $3,700 on the 2-hours chart. дальше »

2018-12-20 23:41


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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