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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


Dow Leaps Higher as Chinese Stock Market Closes Best Day in 3 Years

The Dow and overall U. S. stock market surged on Monday after President Trump confirmed that he would extend trade negotiations with China and hold off on a planned tariff hike early next month. Dow Extends Bullish Revival; S&P 500 & Nasdaq Follow All of Wall Street’s major indexes reported gains at the beginning of the week, reflecting a strong pre-market for Dow futures. дальше »

2019-2-26 21:12


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Tron Ecosystem Adds 14 New Dapps Despite Slowdown in Overall Dapp Market Growth

Another week another Dapp weekly report from Tron. The blockchain protocol published its report on Feb. 22 in which it acknowledged that the growth of the Dapp market has slowed down. However, Tron has managed to see the addition of 14 new Dapps in the past week to take the total number of Dapps on […] Tron Ecosystem Adds 14 New Dapps Despite Slowdown in Overall Dapp Market Growth was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-2-25 14:59


Ethereum Price Prediction: ETH Breaks Out Above the Daily Ichimoku Cloud, Will It Move Past the 21-week MA?

Long-Term Outlook A look at the Weekly chart for ETH/USD in logarithmic form shows that price has bounced back after finding support in the minor support area near $80. The price is currently slightly below the minor resistance area at $160 and facing very close resistance from the 50-period MA. дальше »

2019-2-20 12:09


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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


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Indonesia Follows Venezuela With Giant Localbitcoins Bitcoin Trading Surge

Indonesia Bitcoin traders have fled cryptocurrency exchanges to Localbitcoins in the week the government enacted anti-money laundering regulations for the industry. Volume Up 300 Percent In A Week Data from Coin Dance, which tracks weekly Localbitcoins volumes in various markets, confirms a huge spike for the seven days ending February 16. дальше »

2019-2-18 13:00


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TRON Price Prediction: TRX Has Retraced Back to the Minor Support Area, Will It Start a Move Upward in the Short-term?

Long-Term Outlook A look at the weekly chart for TRX shows that the price is slightly below the major resistance area at $0. 03, currently trading at $0. 024. Price has found support above the 21-period MA and is trading below the 50-period MA, which has offered resistance to price. дальше »

2019-2-17 13:04


Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming?

Bitcoin price started a downside correction after a sharp move towards $3,750 against the US Dollar. The price corrected lower and tested the $3,540-3,530 support area, where buyers emerged. Later, there was a break above a key bullish flag with resistance near $3,570 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »

2019-2-17 09:00


Grayscale Investments’ Bitcoin Trust Posted $2 million Weekly in New Investments in 2018

In the last quarter of 2018, the bitcoin market experienced a slump that led to a significant decline in value and several blockchain-related firms closing down. Despite the bear market, some firms were still able to come out on top, one of which is Greyscale bitcoin trust, the creators of GBTC. They have reported that […] дальше »

2019-2-17 04:49