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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29


BTC Technical Analysis: Bitcoin Prices Recovering and Likely To Retest $6,800

Week over week, Bitcoin prices are down eight percent and this is better than last week’s when it printed a 13 percent drop following that strong rejection of $8,500. Going forward, Bitcoin prices are at a precipice and simply hanging by the thread once again retesting our support zone at $6,000. Overly we remain bearish […] дальше »

2018-8-13 18:38


Crypto Price Week in Review: All Major Currencies Fall After SEC Postponement

Bitcoin (BTC) At press time, bitcoin is trading for just over $6,400, a price it managed to secure yesterday afternoon. The currency has been the victim of several price swings over the last few days, which likely stem from the Securities and Exchange Commission’s (SEC’s) announcement that it was postponing its decision regarding the VanEck […] дальше »

2018-8-10 21:59


Bitcoin (BTC) Technical Analysis: Chart Formations Hint of Further Gains

A combination of bullish Bitcoin (BTC) news and candlestick formations hints of possible higher highs through Q3 2018. Overly, we remain bullish and this is despite the SEC stance. Regardless, it’s likely that Bitcoin (BTC) which is up nine percent for the week might continue trending higher towards $10,000 and later $11,800. News Highlights Wells […] дальше »

2018-7-30 19:35


Bitcoin Technical Analysis July 2, BTC Price Up 3.5% in Last 24 Hours

Week over week, Bitcoin prices are showing signs of recovery. Though modest, it’s up two percent and finding support at the psychological $6,000 level. This price tag is important because it marks 2018 lows and should there be any break below then sellers are likely to drive prices towards $3,000 as mentioned before. Bitcoin (BTC) […] дальше »

2018-7-2 19:47


Bitcoin Futures Trading Volumes Are Too “Negligible” to Affect Bitcoin Prices: Bitcoin (BTC) Technical Analysis

It’s the dawn of a new month and in what will likely be the beginning of Bitcoin reversing previous losses. For perspective, Bitcoin prices are up three percent in a week over week basis. Because of these developments, Bitcoin bulls can begin looking for triggers on dips to load up in lower time frames. дальше »

2018-7-2 03:04