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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


Ethereum Price Prediction Today: Daily (ETH) Value Forecast – March 18

The ETH price is currently trading at $140.51 price level. On the downside, if the bulls fail to sustain a price above the $146 price level, the crypto’s price will fall. ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $260 Support Levels: $140, $130, $120 Last week, the price of Ethereum was in a sideways […] дальше »

2019-3-18 11:56


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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


Stellar Lumens Price Prediction: XLM Made a Short-Term Double Top

Long-Term Outlook A look at the Weekly logarithmic chart for XLM shows that the price is currently trading above the between the resistance and support areas at $0.16 and $0.06 respectively. Furthermore, it has found support above the 200-period moving average but is trading below the 21 and 50-period which have made a bearish cross, […] Stellar Lumens Price Prediction: XLM Made a Short-Term Double Top was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-3-13 16:14


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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


Bitcoin Stable Above 3,900, But Analysts Cautious on Current BTC Price Action

Bitcoin has been able to maintain relative levels of stability over the past weekend, despite an unfolding trend where BTC incurs larger levels of volatility during weekend trading sessions. Although Bitcoin is currently stable above $3,900, many analysts are still weary of its current price action, and one analyst believes a drop below BTC’s 2018. дальше »

2019-3-11 00:30


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


Analyst Claims Bitcoin (BTC) Posed for Move Towards 4,400, But Could the Case for Bulls be Fading?

Bitcoin’s price has continued to climb today following a recent period of choppy sideways trading. Although BTC’s climb to above $3,900 is certainly positive for the cryptocurrency, it is now approaching the low-$4,000 region, which has historically been a strong level of resistance for the cryptocurrency. дальше »

2019-3-8 03:00


Vancouver, Canada-based Financial Institution Pinpoints Bitcoin Price’s All Time High Return

The researchers at Canadian financial firm Canaccord Genuity Capital Markets say that that the Bitcoin all-time high price of $20,000 will be a reality again by 2021. In the above chart, there’s a remarkable similarity in trading patterns between the periods 2011-2015 and 2015-2019, and if the trend continues, HODLers could be set for a […] дальше »

2019-3-6 19:33


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20