Another Bitcoin Indicator Signals Price Bottom May Be Forming

2019-3-4 08:00

A technical indicator, which incorporates both bitcoin's price and trading volume, is signaling the cryptocurrency may have bottomed in December.

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Bitcoin (BTC) на Currencies.ru

$ 69318.32 (-0.08%)
Объем 24H $12.726b
Изменеия 24h: -0.12 %, 7d: 2.37 %
Cегодня L: $69187.9 - H: $69415.31
Капитализация $1366.249b Rank 1
Цена в час новости $ 3746.42 (1750.25%)

price indicator may bitcoin signaling volume cryptocurrency

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XRP To Outperform Bitcoin Next Year As Price Indicator Bets It Will Have Its “Best Year Since 2017”

XRP’s multi-year-long stagnation phase could soon come to an end. According to a price indicator that has gained traction among investors, the crypto asset is set for a stellar performance in 2021. In a November 7 tweet, a financial analyst at Cane Island Alternative Advisors, Timothy Peterson, drew attention to this bullish possibility for the […]

2020-11-11 18:09


Tron (TRX)’s Price at Its 200-Day MA as niTROn Event Approaches

Recently Tron’s price crossed and spiked nearly 50% above its 200-day moving average in a strong bullish move. TRX was the only major cryptocurrency to be trading above this long term trend indicator, but with the market taking a bearish turn over the last few days, TRX’s price has now retraced and is resting just above […] Tron (TRX)’s Price at Its 200-Day MA as niTROn Event Approaches was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-1-12 23:23


Electroneum added on HitBTC and the price reaction was a ridiculous jump of 38%. This is an indicator of a deeper problem in ETN

Electroneum (ETN) saw a brief, preposterous  spike of 38%, as the coin jumped following its listing on the HitBTC exchange. As per the official blog announcement from the exchange: “We are happy to announce the long-awaited integration of Electroneum (ETN), the mobile-based cryptocurrency providing a digital payment solution to the developing world.

2018-11-22 01:11


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Bitcoin Value Indicator Says Price ‘Still Overbought’ But Bottom ‘Near’

The Bitcoin price bottom is “near,” but the largest cryptocurrency still shows signs of being “overbought,” new research released October 1 claims. Understanding ‘What’s Going On’ In the latest installment of his ‘Bitcoin Value Indicator,’ tech commentator Hans Hauge brought together multiple factors to create an overview of the Bitcoin price which he says allows investors to “understand what’s going on.

2018-10-3 23:00


Why Bitcoin (BTC)’s Price Is A False Indicator Of Actual Value

Chart for BTC/USD (1W) Bitcoin (BTC) is currently trading just above $6,400. The average cost for mining one Bitcoin (BTC) lies slightly below this level between $5,800 and $6,200. This is the reason the price has managed to stay above those levels for now despite the fact that the volume is so low that a couple of million dollars could swing the price either way.

2018-9-20 17:00


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CNBC ‘Reverse Bitcoin Price Indicator’ Hits Bullseye Again

Less than a week after CNBC forecast an $8000 Bitcoin price, the largest cryptocurrency tumbled close to $6000, leading to ridicule from commentators. ‘$8K Could Be Next’ In another instance of the network proving itself as a so-called ‘reverse price indicator,’ its predictions for BTC/USD completely contrasted with short-term reality, the pair going on to lose almost 13 percent in less than 24 hours.

2018-9-6 15:00


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Is Mining Cost the Best Indicator for Determining Bitcoin Price Trends?

Bitcoin mining cost has been a good but cliched indicator for crypto market trends. However, the costs are based on a plethora of internal and external factors that may make them less reliable. Could there then be a way in which mining costs become the most reliable method of determining crypto prices? Medium user BarclayJames makes […] Is Mining Cost the Best Indicator for Determining Bitcoin Price Trends? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-28 17:38