BITCOIN PRICE ANALYSIS & PREDICTION (November 29) – BTC Extends Consolidation Amid Low Volume, Signals Potential Divergence

Since Bitcoin tested the upper boundary of its channel this month, the volatility dropped as it entered a consolidation phase. It is still trying to regain momentum on a daily but lacks enough volume to sustain the rally.

131 +

Bitcoin (BTC) Continues Consolidation Phase Near $20,000 Support Level

Bitcoin (BTC) rebounded by $2,000 since July 13, but the price action has yet to move outside of its consolidation pattern. The post Bitcoin (BTC) Continues Consolidation Phase Near $20,000 Support Level appeared first on BeInCrypto.

189 +

When Will Bitcoin’s price finish its consolidation?

Since dropping below $30,000 a few weeks ago, Bitcoin has had a prolonged period…

The post When Will Bitcoin’s price finish its consolidation? appeared first on CoinJournal.

201 +

Bitcoin Will Move Like a “Bulldozer” Once It Gains Momentum, Claims Analyst

Bitcoin’s price appears to have entered yet another consolidation phase as it trades between $11,400 and $11,600 Its present lack of momentum comes close on the heels of the strong move higher that it posted last week The resistance above its current price level is quite intense, and this may mark an attempt from bulls to garner greater buy-side support Where the market trends in the mid-term will likely depend largely on whether Bitcoin’s consolidation […]

262 +

Popular Analyst Claims Bitcoin Must Break Above This Level Or Risk Going Downhill

After opening the month of October trading as high as $10,923, Bitcoin has dropped and has since been in consolidation between $10,500 and $10,600. Volatility has reduced significantly since then as the coin has been in consolidation and the price range has been tightening.

193 +

Bitcoin Flashes Same “Consolidation” Fractal That Sent Its Price to $20K

Bitcoin price is trending inside a lengthy consolidation pattern after rallying by up to 170 percent in the second quarter. As calls for a breakdown move grow, independent market analysis firm TradingShot has released a bullish outlook for the cryptocurrency.

228 +

Industry Leader Anticipates Bitcoin to Soon Hit $16,000 Despite Recent Consolidation

Bitcoin (BTC) has been on a wild ride over the past several weeks, which first began when it incurred a meteoric rally that sent its price surging from lows of $7,300 to highs of $10,600 – a move that marked one of the largest single-day movements ever experienced by the cryptocurrency.

153 +

Sunday Digest: Bitcoin Price Consolidation, And The SEC Spoils The Party

Japan was hit by Typhoon Hagibis this weekend, causing devastation and affecting both the Japanese Grand Prix and Rugby World Cup. So what has been causing devastation and affecting bitcoin and cryptocurrency markets for the past week? Bitcoin Price: Consolidation Station So it seems we are back in a consolidation phase, albeit around the lower underlying price point of $8k.

157 +

Bitcoin Showing Signs of Forming a Long-Term Bottom Despite Current Consolidation

Bitcoin has further extended its bout of consolidation as it continues trading sideways around the $8,200 level, which appears to be a key support level that BTC’s bulls need to defend in order for the crypto to move higher in the near-term.

187 +

Bitcoin (BTC) Price Analysis: Another Consolidation Test

Bitcoin suffered another sharp selloff from its earlier consolidation but is finding support at the bottom of the symmetrical triangle on its 4-hour chart. Price could be due for a bounce to the top of the triangle around $6,400 again.

205 +

Bitcoin Back to Consolidation as Volatility Reapproaches 2018 Lows

Bitcoin is back to consolidation after a sharp drop last Thursday and a spike this Monday. The sharp drop seen on Thursday was preceded by about two weeks of consolidation where price traded on low volume and volatility reached 2018 lows.

219 +

Bitcoin (BTC) Price Analysis: Bullish Continuation Breakout!

Bitcoin recently formed a flag consolidation pattern after its sharp rally and fade from the triangle top. This is often seen as a bullish continuation signal, with an upside break possibly leading to a climb that’s the same height as the flag’s mast.

203 +

Bitcoin Back to Consolidation After Spike

Bitcoin is back to consolidating after a price spike on Monday. Price appreciated on Monday from around $6200 to approximately $6800 and has since retraced to about $6450. Volatility also spiked on this rise but has since started to drop as price trades relatively sideways on low volume.

231 +

Bitcoin Cash (BCH) Daily Price Forecast – October 17

  BCH/USD Medium-term Trend: Ranging Supply zones: $600, $700, $800 Demand zones: $300, $200, $100 BCH is in consolidation in its medium-term outlook. The bulls upward price movement was nullified at $479.

203 +

Bitcoin (BTC) Price Watch: Watch This Triangle for Directional Clues

Bitcoin Price Key Highlights Bitcoin price is still stuck in consolidation, forming higher lows and lower highs inside a symmetrical triangle on the short-term chart. Price is approaching the peak of this formation so a breakout might be due soon, providing longer-term directional clues.

222 +

Bitcoin Price Analysis: Bitcoin Consolidation Forecasts $3,500 Move

A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors.

610 +

Bitcoin Price Analysis: BTC is On The Verge Of A Bullish Breakout

BTCUSD Medium-term Trend: Bullish Resistance levels: $6,609, $6,744, $6,918                                             Support levels: $6,439, $6,286, $6,145 The BTC broke out from the ranging mode it was last week.

185 +

Strong Bullish Outlook for Bitcoin After Recent Spike

After two weeks of consolidation and volatility forming new lows almost every day, it looked as if the price was going to have a bearish breakout. A fall on Thursday saw price trade below the triangle pattern which had been forming since January.

142 +

Bitcoin (BTC) Price Analysis: Still Buying on Dips?

Bitcoin has formed lower highs and higher lows on its daily time frame to create a symmetrical triangle consolidation pattern. Price has dropped back down to support, which appears to be defended by bulls buying on dips.

220 +

Bitcoin (BTC) Price Watch: Just a Few Support Zones Left

Bitcoin Price Key Highlights Bitcoin price also broke below the longer-term triangle support and is aiming lower. This follows a short-term triangle consolidation break, signaling that further losses are underway.

208 +

Bitcoin (BTC) Price Analysis: Approaching Line in the Sand for Bulls

Bitcoin could be in for more losses as it fell through the bottom of the longer-term triangle consolidation visible on the daily time frame. This could mean that further declines are in the cards, although price could still bounce off the line in the sand for bulls around $5,800.

202 +

Bitcoin (BTC) Price Analysis: Fake Out and Sharp Drop

Bitcoin appeared to make an upside break from the long-term triangle consolidation but wound up falling through a short-term triangle support. This brought price back to the longer-term floor, which bulls seem to be defending for now.

221 +

Bitcoin Cash (BCH) Daily Price Forecast – October 10

  BCH/USD Medium-term Trend: Ranging Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH still remains in consolidation in its medium-term outlook. $517.70 in the demand area was the low the cryptocurrency attained as the bearish pressure within the range continues before the end of yesterday session. The 4-hour opening candle at $520.50 […]

232 +

Bitcoin Price Analysis: Consolidation Primes Market for Big Move

For several weeks, bitcoin has remained in a consolidating uptrend. The market hasn’t seen a new high since mid-September, but the lows have steadily gained higher and higher ground.

333 +

Ethereum [ETH] Mirrors Bitcoin [BTC] Amid Continuing Consolidation

Ethereum has declined more than most projects this year as price depreciated from above $1400 in January to a 2018 low of around $173. Over the past month, the price has started to appreciate and form higher highs and higher lows.

186 +

Bitcoin Stability A Sign Of A Bull Run?

The stability of Bitcoin has always been a bit shaky, however, over the past month or so, the leading crypto has been surprisingly… still. If you asked anyone earlier in the year why Bitcoin could never replace fiat currencies the first reason would most likely be due to its volatility and stability.

267 +

Bitcoin Cash (BCH) Daily Price Forecast – October 9

  BCH/USD Medium-term Trend: Ranging Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH remains in consolidation in its medium-term outlook. The bullish pressure within the range remains strong with BCH making a high of $536.

217 +

Traders Remain Unsure of Bitcoin Direction As Volatility Hits 2018 Low

Bitcoin continues to consolidate as October progresses. Price action is trading around the end of the triangle pattern which has been forming since January. In previous articles, we outlined three potential scenarios which could play out.

187 +

Bitcoin Cash (BCH) Daily Price Forecast – October 8

  BCH/USD Medium-term Trend: Ranging Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH is in consolidation in its medium-term outlook. The railroad formation at $516. 20 in the supply area dropped the cryptocurrency to $505.

231 +

Bitcoin (BTC) Price Analysis: Bullish Breakout Finally Happening?

Bitcoin has been stuck inside its symmetrical triangle consolidation for quite some time now, but bulls seem to be getting the upper hand. Price is already closing above the triangle top to signal that a longer-term climb is underway.

158 +

Decred Outperforms Despite Week of Consolidation

In a week when Bitcoin and most of the cryptocurrency market consolidated, Decred has been recording steady rises on significant volume. The digital currency with community governance has been receiving some bullish reviews from online analysts this week, and the price has responded.

241 +

A Week of Consolidation for Bitcoin

The triangle pattern which Bitcoin has been forming since January is approaching its end. Traders seem unsure of how the pattern is going to play out. This week has seen the price of Bitcoin consolidate with the volatility in the price of Bitcoin reaching consecutive lows for 2018.

196 +

Bitcoin [BTC] Continues Consolidation as Bulls and Bears Battle

Bitcoin is continuing its consolidation as the bulls, and the bears seem unsure on where to place positions for the next breakout. The daily RSI has been consolidating into a triangle and trading around showing there is equal pressure from both the buyers and the sellers.

230 +

Bitcoin Price Must Clear $6,800 for Range Breakout

Bitcoin's prolonged period of consolidation could end with an upside break if prices clear key resistance at $6,800.

195 +

Bitcoin (BTC) Price Watch: Ready for a Long-Term Breakout?

Bitcoin Price Key Highlights Bitcoin is now at the very end of its long-term triangle consolidation pattern, so a breakout could happen anytime soon. Price is currently testing the resistance around $6,600 and a long green candle closing above this could be enough to signal further gains.

250 +

Ether Price Analysis: Higher Lows Could Yield Retest of Local High

After two back-to-back weeks of record-setting volume, ether finds itself situated below historic resistance and currently unable to reach its downtrend line:Figure 1: ETH-USD, Weekly Candles, Downtrend and Record-Setting VolumeFor months, ether has been unable to break its downward trend.

239 +

Bitcoin (BTC) Price Analysis: Consolidation at Bullish Channel Bottom

Bitcoin continues to trend higher in an ascending channel but is also consolidating in a short-term symmetrical triangle. The post Bitcoin (BTC) Price Analysis: Consolidation at Bullish Channel Bottom appeared first on Ethereum World News.

185 +

Bitcoin (BTC) Price Watch: Line in the Sand for Buyers?

Bitcoin Price Key Highlights Bitcoin price is back down to the bottom of its short-term ascending channel. This coincides with the support of a long-term triangle consolidation pattern, so there may be plenty of buy orders here.

242 +

Bitcoin Cash Settles After Bitmain IPO Explosion

Last week, the price of Bitcoin Cash underwent huge appreciation. However, with markets trading flat and the original Bitcoin trading at its lowest volatility of 2018, Bitcoin Cash is also undergoing a tight consolidation this week.

205 +

Bloodbath in Store for Bitcoin Price As Descending Triangle Approaches End?

The volatility of Bitcoin continues to drop to new lows for 2018 as Average True Range (ATR) reaches the 228 value. Bitcoin is currently trading around $6575 at the time of writing with the descending triangle pattern which has been forming since January nearing its end.

188 +

Bitcoin (BTC) Price Watch: Still Stuck in Consolidation, Breakout Soon?

Bitcoin Price Key Highlights Bitcoin price is still stuck inside its triangle consolidation pattern on the 1-hour time frame. Price is nearing the peak of its formation so a breakout could take place soon.

236 +

Bitcoin (BTC) Price Watch: Some Hesitation After Bullish Breakout?

Bitcoin Price Key Highlights Bitcoin price has recently broken out of its symmetrical triangle pattern but has since pulled back for a retest. Price continues to hover around the broken resistance, though, and might still have a chance at falling back in consolidation.

249 +

Markets Update: Digital Asset Consolidation and Accumulation Continues

On Saturday September 29, cryptocurrency prices are meandering along after an interesting two weeks of ups and downs. Since last week’s crypto market dips, digital asset markets have been seemingly less volatile and many cryptocurrencies are following a tight wedge formation indicating a possible accumulation phase.

196 +

Bitcoin (BTC) Price Watch: Bullish Breakout Alert!

Bitcoin Price Key Highlights Bitcoin price recently formed lower highs and higher lows to consolidate in a symmetrical triangle. Price appears to have completed an upside breakout, signaling that more gains are underway.

248 +

Bitcoin Price Analysis: It’s Getting Down to the Wire

FUD appears to be dragging Bitcoin price through the mud this week. What is really happening, consolidation or a bearish reversal? Bitcoin Price Market Overview As Bitcoin pulls back from a week of inspiring gains, the mainstream media and an array of Bitcoin pundits are calling this a ‘crash’.

218 +

Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s.

401 +

Newest Crypto Exchange Offers Multiple Currencies Via One Book

The crypto world is welcoming its newest digital currency exchange. Known as BTSE, it’s a platform designed primarily to look after markets and OTC trading. The system is unique in the sense that it offers multiple currencies through one book, and entities like the U.

432 +

Bitcoin (BTC) Price Analysis: Was That a Bullish Breakout?

Bitcoin has broken above its small triangle consolidation to signal that bulls are returning and could lift it back up to upside targets. The post Bitcoin (BTC) Price Analysis: Was That a Bullish Breakout? appeared first on Ethereum World News.

199 +

Bitcoin (BTC) Faces Rejection At 21 Week EMA, But Finds Strong Support At 21-Day EMA

Bitcoin (BTC) is an interesting point. The price has just found a strong resistance at the 21 Week EMA shown on the BTC/USD weekly chart above, but it has also found a strong support at the 21 Day EMA.

262 +