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Bitcoin Weekly Price Analysis: BTC/USD Recovery Spark in Store as Crypto Market Starts to Heat Up

General Market Overview Market Cap: $121,807,021,428 • 24h Vol: $24,759,467,157 • BTC Dominance: 52.9% From Monday when the evaluation of the cryptocurrency market cap has been around $113,5 billion and has mostly hovered around those levels until Wednesday when it fell to the horizontal support at around $111,5 billion. As the evaluation interacted with the […] дальше »

2019-2-9 21:45


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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01