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Bitcoin Price $5,000 Support is Now Critical as Bull-Run Fizzles

Bitcoin price fell off its peak close to $5500 to head towards older $5000 support April 11 after a late fresh surge abruptly ran out of steam. $5500 A Push Too Far Data from cryptocurrency exchange Bitstamp, which provides Bitcoin price data often slightly more conservative than other platforms, shows BTC/USD has dropped below $5200 at press time Thursday. дальше »

2019-4-11 13:00


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – April 1

The BTC price is trading at $4,193.70 as at the time of writing. On the upside, if the crypto’s price has a price breakout, the bulls will break the $4,200 resistance level, and rally above it. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $4,000, $3,900, $3, 800 Last week the price […] дальше »

2019-4-1 08:47


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – March 29

On the upside, if the crypto’s price has a price breakout, the bulls will break the $4,200 resistance level, and rally above it. On the other hand, if the crypto’s price has a price breakdown, the bears will break below the EMAs and find support at the $3,800 price level. BTC/USD Medium-term Trend: Bullish Resistance […] дальше »

2019-3-29 09:31


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


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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


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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 Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21