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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


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Bitcoin Price ‘Hit Equilibrium,’ Says Mike Novogratz

The Bitcoin price is “grinding along” at the bottom of its range but could easily hit $8000 by the end of the year, Galaxy Digital CEO Mike Novogratz said as sentiment picks up. Novogratz: $3400 – $3600 Is ‘Equilibrium’ Speaking to Bloomberg at a conference in Abu Dhabi February 13, Novogratz reiterated his continued faith in Bitcoin’s forthcoming return to form, along with its supremacy over other cryptocurrencies. дальше »

2019-2-15 23:00


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