Bitcoin’s sudden hemorrhaging may have stopped for now; expect possible bearish moves to $6,500 and below

Bitcoin’s whopping collapse from $10,000 to $7,700 was a sight to witness, and witness a lot of people did.  This collapse caused liquidations worth approximately over $700 million. A lot of people, at least those who are a little informed about technical analysis or those active on Twitter, knew that there was a big move […] The post Bitcoin’s sudden hemorrhaging may have stopped for now; expect possible bearish moves to $6,500 and below appeared first on AMBCrypto. дальше »

2019-9-28 20:45

Bitcoin’s possible fakeout that might have gone unnoticed may come back to haunt

Bitcoin, as everybody is witnessing, is stuck in a pattern for over 3 months now, especially since it hit a peak of $13,800 on June 26. This traversing of price in the pattern has been a godsend for traders who know what they are doing; it was a good time to make some profits; it […] The post Bitcoin’s possible fakeout that might have gone unnoticed may come back to haunt appeared first on AMBCrypto. дальше »

2019-9-9 18:00

Bitcoin dumps 9% overnight, longs worth $140+ million face liquidation: Here’s how the market will cope

BitMEX traders might have had the worst when it comes to yesterday’s Bitcoin collapse. The price of Bitcoin fell from $10,200 to $9,500 in one fell swoop. However, just as the BitMEX traders thought the nightmare was over, it got worse as the price collapsed by another 4% and is now, finally consolidating as the […] The post Bitcoin dumps 9% overnight, longs worth $140+ million face liquidation: Here’s how the market will cope appeared first on AMBCrypto. дальше »

2019-8-29 17:00

Bitcoin’s imminent support breached: $9,700 to $9,400 or $10,100 to $10,700?

As mentioned in the crossroads article, Bitcoin has successfully invalidated the support after breaking out of the rising wedge and closing below it in the one hour chart. The short-term prospect for Bitcoin from hereon looks bleak and gloomy as, at press time, the price of Bitcoin was $9,943, after it had collapsed by more […] The post Bitcoin’s imminent support breached: $9,700 to $9,400 or $10,100 to $10,700? appeared first on AMBCrypto. дальше »

2019-8-21 18:00