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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


Altcoins Plunge as Bitcoin and Crypto Markets Drop Below Recently Established Support Levels

Over the past couple of weeks, the crypto markets have experienced a persisting bout of sideways trading that didn’t allow for any major price action in the altcoin markets. Today, however, the typical crypto volatility returned in full force, sending most major altcoins and Bitcoin down significantly over the past 24-hour trading period. дальше »

2019-1-29 00:00


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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »

2019-1-26 03:13


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Crypto Trader “Senses Bottom,” Says Bitcoin (BTC) Could Rally In May

Bitcoin (BTC) Could Rally One Year Away From 2020 Halvening Crypto is just three weeks into 2019, but the price predictions and forecasts are already well underway. On Wednesday, as news broke that CBOE, VanEck, and SolidX had effectively retracted their Bitcoin (BTC) exchange-traded fund (ETF) proposal, crypto analyst Moon Overlord took to Twitter to […] The post Crypto Trader “Senses Bottom,” Says Bitcoin (BTC) Could Rally In May appeared first on Ethereum World News. дальше »

2019-1-24 09:00


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


Dogecoin [DOGE] Price Analysis – Doge Enters Range After Descending Triangle Pattern

After a bearish end to last weeks trading, the market has begun spiking over the past hour. Many major cryptocurrencies are rising to key levels and finding resistance. Doge declined from a descending triangle pattern yesterday to reenter what has been an important range for the meme-based cryptocurrency. дальше »

2019-1-14 19:29


Ethereum [ETH] Price Analysis – Ethereum Approaches Liquidity Area After Bearish Week

After an extremely bullish start to 2019 for Ethereum, there was a swift return to underperformance for the cryptocurrency last week. Last weeks underperformance resulted in Ethereum dropping to the position of third largest cryptocurrency by market cap with Ripple’s XRP overtaking it for the second position. дальше »

2019-1-14 18:58


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Bitcoin Bounces above $4,000 as Santa Rally Brings Relief to Markets: BTCManager’s Week in Review

The price of bitcoin rallied by over 20 percent to close the week above the $4,000 thanks to a “Santa Rally ahead of Christmas. After weeks of red markets, this rally provided some relief to crypto investors as the market seems undecided on whether it wants to find a new bottom or rally into the new year. дальше »

2018-12-25 00:00


Bitcoin price soar: What is behind today’s sudden spike in BTC price?

Bitcoin finally brought some smile on the hodlers faces on Monday, finally topping the $3,400 level after weeks of plummeting. What could be the reason for this sudden soar? Traders have pinpointed the move to the activity in Asian markets, buying on Japan and Hong Kong-based exchanges lead the bulls on the first day of […] The post Bitcoin price soar: What is behind today’s sudden spike in BTC price? appeared first on CaptainAltcoin. дальше »

2018-12-18 02:05