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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52


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


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