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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up
Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s. дальше »
2018-7-1 19:35 | |
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This New Trick Helps Exchanges Artificially Pump Up Their Trade Volume
Some exchange operators have found a new trick to artificially pump up their trade volume. They are directly rewarding users with their own issued tokens for generating transactions, something critics call a backdoor ICO ripe for manipulation. дальше »
2018-6-27 01:19 | |
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Venezuela Government Worried As Bitcoin Buying Skyrockets With Hyperinflation
Venezuela authorities are worried as they see hyperinflation driving bitcoin trading volumes beyond control. In the last week, the records have been astonishingly high, as trading in the ‘grey market’ financial trading continued to soar. дальше »
2018-6-22 17:21 | |
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Bitcoin HashRate At All-Time High With ‘Price to Follow,’ Says Max Keiser
Bitcoin’s hash rate reached new all-time highs in June, prompting well-known industry figures to renew calls for imminent price increases. Keiser: ‘Price Follows Hashrate’ Data from Blockchain. дальше »
2018-6-19 21:00 | |
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Bitcoin Analysis: Second Chance at Support Test
Prior to the news, bitcoin saw several days when buyers began to disappear from the market. As you can see, the price temporarily dipped below support on high volume and saw a short closing rally which pushed the price back into the TR. Now, at the time of this article, we are testing the support дальше »
2018-6-16 03:07 | |
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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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South Korean Exchange Coinrail Hacked, $40 Million in Crypto Reported Stolen
South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens. дальше »
2018-6-12 23:18 | |
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