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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


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ICO Tokens Still Highly Correlated to Bitcoin

The aftermath of the 2018 bear bloodbath saw an increasing correlation between Initial Coin Offering (ICO) tokens and Bitcoin (BTC), despite the clear differences between them. According to an article published March 26, 2019, by VoxEU, some commentators at the Center for Economic Policy Research (CEPR) say this absence of an uncoupled price regime couldRead More дальше »

2019-3-27 18:00


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New Research Reveals Most of Bitcoin Trading Considered to Be Highly Manipulated  

According to a report published by Bitwise Asset Management most bitcoin trading is highly manipulated by unregulated exchanges, as reported by CNBC on March 22, 2019. 95% Bitcoin Manipulation A review published by Bitwise is launching a wave of scrutiny over the legitimacy of the Bitcoin trading market as it reveals that most of theRead MoreRead More. дальше »

2019-3-25 14:00


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


Bitcoin, Gold Strongly Correlated in 3-Week High to Spell Stock Market Disaster

Bitcoin and gold both hit three-week highs on Thursday after a period of highly correlated trading. It comes as the dollar crashes and warning signs flash on the stock market. The correlation strengthens bitcoin’s case as “digital gold” and proves that traders are beginning to treat cryptocurrency like a traditional asset. дальше »

2019-3-21 16:13


SimpleFX Forex Trading Platform Introduces Exciting New Features with Lower Spreads

Online digital broker and trading platform, SimpleFX have updated its system, adding exciting new features including lower spreads, trading ideas, multi charts, and live widgets and more. SimpleFX, a highly functional multi-currency and cryptocurrency trading platform has announced the integration of groundbreaking new features to its system. дальше »

2019-3-21 23:06


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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


CPI Technologies Presents Turnkey Blockchain Solutions, for Secure, Scalable Software Development

Bitcoin Press Release: CPI Technologies is a decentralized software company, which offers blockchain ecosystem development for individuals and companies. March 14th, 2019, Mainz, Germany – Blockchain Software Development and Marketing company CPI Technologies provides the development, deployment, and maintenance of finance and blockchain systems. дальше »

2019-3-18 10:12


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


CPI Technologies Presents Turnkey Blockchain Solutions, for Secure, Scalable Software Development

Bitcoin Press Release: CPI Technologies is a decentralized software company, which offers blockchain ecosystem development for individuals and companies. March 14th, 2019, Mainz, Germany – Blockchain Software Development and Marketing company CPI Technologies provides the development, deployment, and maintenance of finance and blockchain systems. дальше »

2019-3-15 17:45


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


Technical Comparison Between Zcash (Highly promising) and Bitcoin (The King)

Today, Bitcoin is trading at $3922 while Zcash is trading at $50. There is one thing that seems clear to the investors, and that is “Bitcoin is far valuable than Zcash.” Well, the age of how one cryptocurrency is better than the other based on price is fading in the period where policymakers are more […] The post Technical Comparison Between Zcash (Highly promising) and Bitcoin (The King) appeared first on ZyCrypto. дальше »

2019-3-11 15:32


There’s a $1.6 Billion Problem with Elon Musk’s Plan to Close Tesla Stores

In a complete reversal, Tesla revealed that it would work to move all sales online, just a year after touting the expansion of Tesla stores and galleries. Tesla Backtracks on Retail Store Expansion The 2017 annual report published in February 2018 read: “Our Tesla stores and galleries are highly visible, premium outlets in major metropolitan markets, some of which combine retail sales and service. дальше »

2019-3-11 02:00


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08