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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


$67,193: Veteran Crypto Trader Explains His Oddly-Specific Bitcoin Price Target

Veteran trader Peter Brandt has an oddly specific bitcoin price target – $67,193. Brandt, who boats of 40-plus years’ experience in commodity trading, arrived at this figure by taking the combined value of the 33,000 tonnes of central bank-owned gold and dividing it by bitcoin‘s fully-diluted currency supply of ~21 million coins. дальше »

2019-3-1 23:01


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Accenture, Mastercard, Amazon Web Services Partner for Farming and Supply Chain Sustainability

Accenture, a global professional services company in collaboration with Mastercard, Everledger, Amazon Web Services, and Mercy Corps has introduced a “circular supply chain capability” to enable consumers to reward small scale producers and bring about transparency along the supply chain, reports Newsroom on on February 25. дальше »

2019-2-28 17:00


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Bitcoin SV (BSV) Daily Price Forecast – February 25

  The coin is in a range in the medium-term outlook while the short-term is in a bullish trend. Patience for bullish candles formation above the 10-EMA is important. BSV/USD Medium-term Trend: Ranging Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD continues in a range-bound market in its medium-term outlook. The bullish […] дальше »

2019-2-25 11:06


Bitcoin SV (BSV) Daily Price Forecast – February 22

  The medium-term outlook continues ranging while the short-term is in a downtrend. Traders may consider selling at key area with bearish reversal candle as confirmation for entries. BSV/USD Medium-term Trend: Ranging Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD continues in a range-bound market in its medium-term outlook. The bullish pressure […] дальше »

2019-2-22 12:06


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38