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Bitcoin Price Analysis: Head-and-Shoulders Reversal Pushes New Highs
In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom). дальше »
2018-7-18 01:36 | |
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Bitcoin Price Analysis: Breach Below Trading Range May Spark Spring Retest
After a feeble rally on diminishing volume, bitcoin is currently in the middle of its first major pullback in about 2 weeks. Over the last week or so, bitcoin managed to break its sustained downtrend and trend back inside the macro trading range (TR) — both of which are quite bullish market characteristics. дальше »
2018-7-11 00:21 | |
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Instamines Make Founders Rich But Stifle Crypto Adoption
Two recent headlines have drawn attention to crypto’s adoption problems. The first appeared in the New York Times, and was widely circulated by crypto-skeptics. “Now comes the hard part: persuading people to use XRP for something other than speculative trading,” Nathaniel Popper wrote. дальше »
2018-7-5 22:23 | |
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Bitcoin Price Analysis: Shaky Support Gives Way to Massive Bear Flag Set-up
A sideways market has many bitcoin investors wondering if the downward volatility has finally subsided. As stated in our previous discussion of the bitcoin market, the $6,425 support level was a very important level to hold. дальше »
2018-6-22 00:12 | |
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Bitcoin Price Analysis: Breakdown of Consolidation Tests Bullish Resolve
In the previous BTC-USD market analysis, we discussed a macro pattern forming, called a “symmetrical triangle. ” A symmetrical triangle (shown in red) is a directionally agnostic consolidation pattern. дальше »
2018-6-13 00:05 | |
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