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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


Depressing Market Conditions Are Not A Hinderance For Bitcoin (BTC) Transaction Volumes

It might come as a surprise to many that even though the markets look very dire currently, the transaction volumes of Bitcoin are approaching all-time high. In fact, the transaction volume has picked up recently as total TXs have increased by 34% this year (since January 1st, 2019). This is higher than the levels of […] дальше »

2019-3-5 20:50


Bitcoin (BTC) Transaction Volume Nears All-Time-Highs Despite Gloomy Market Conditions

Following an extended period of sideways trading, the cryptocurrency markets dropped today as Bitcoin failed to hold above its recently established support level at $3,800. BTC’s drop below this level has led many cryptocurrencies to plunge 5% or more, signaling that greater volatility is likely to come as the week continues on. дальше »

2019-3-5 01:00


Binance Coin (BNB) Dethrones Stellar Lumens (XLM) in less than 24hrs, USDT is Next in Line

The Binance Coin, BNB has been having one of the most impressive runnings since the year 2019 began. From market cap to rankings, to trading volume and trading price, BNB has been one of the most attractive coins and it is for this reason that the coin made our recently reported list of most promising […] The post Binance Coin (BNB) Dethrones Stellar Lumens (XLM) in less than 24hrs, USDT is Next in Line appeared first on ZyCrypto. дальше »

2019-3-3 15:46


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


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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


Despite Red Crypto Market, Popular Trading Analyst Says “Bitcoin Still Bullish” in Long Term Cycle

Bitcoin is down more than 7 percent in the past 24-hours while managing the daily trading volume of $10.8 billion. The leading cryptocurrency is currently trading at $3,783 on Bitstamp. Bitcoin price chart, Source: TradingView Just yesterday, crypto analyst MagicPoopCanon, who calls himself a “master of charts” shared that the flagship cryptocurrency will move sideways […] дальше »

2019-2-25 20:18


Is Bitcoin (BTC) Bear Market Over? Here’s How Leading Advisors on Crypto Twitter Put It

Bitcoin is currently riding at $3,835 with 24-hours loss of 3.16 percent. Since last week at $3,400 on February 17th, Bitcoin has taken a hike of 22.5 percent. One of the strongest factors that are supporting the current bullish sentiments is the ongoing increase in trading volume. At the time of writing, Bitcoin trading volume […] дальше »

2019-2-24 21:50


Crypto Market May Be Sailing In A Sea Of Red Today, But BTC Trading Volumes Are Reaching Record Highs

Coinmarketcap’s trading volume has reached a 300-day high concerning crypto volume trading, totaling $33.85 billion. The increase in treading volume seems to be due to a surge by the top 10 digital currencies, which make up over 90% of total trading volume in the crypto industry. As for the underlying cause of the surge, some […] дальше »

2019-2-24 18:50


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23