2019-5-17 05:00 |
Bitcoin keeps trading sideways: Is the current situation a consolidation before one more parabolic growth?
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After a bout of sideways trading in the cryptocurrency markets, Bitcoin and other major cryptos have been able to garner an influx of buying pressure that has sent them climbing today. Ethereum (ETH) is one major cryptocurrency that has been able to climb today, but it is facing growing resistance around its current price levels.
2019-3-17 00:30 | |
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Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.
2019-3-16 01:56 | |
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Bitcoin’s price has continued to trade sideways around $3,900 as its volatility continues to decrease. Although this stability may be welcomed by some investors who have been tormented by the seemingly constant bouts of volatility in the crypto markets, the current decrease in volatility is likely temporary.
2019-3-14 03:00 | |
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As the cryptocurrency momentum seemingly turns more bullish by the hour, the next few days may prove to be rather interesting. While this is not a confirmation of a sustainable uptrend, one has to acknowledge the current XRP price momentum looks somewhat intriguing.
2019-3-13 00:24 | |
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Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation:Figure 1: BTC-USD, Daily Candles, Broken Local SupportSo far, our daily candle has yet to close, but it is currently on schedule to close below local support.
2019-3-5 02:43 | |
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Following an extended period of sideways trading, the cryptocurrency markets dropped today as Bitcoin failed to hold above its recently established support level at $3,800. BTC’s drop below this level has led many cryptocurrencies to plunge 5% or more, signaling that greater volatility is likely to come as the week continues on.
2019-3-5 01:00 | |
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It is a well-known fact native exchange tokens usually perform quite well in the price department. Although Binance Coin trumps all of its competitors by miles, the Huobi Token price is seeing its own bull run right now.
2019-3-1 15:48 | |
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Bitcoin Needs $6,000 For Extended Rally DonAlt, a notable crypto analyst and industry personality, recently took to Twitter to issue his thoughts on the current state of the Bitcoin (BTC) market. He noted that as.
2019-2-24 02:00 | |
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Following an extended period of sideways trading for Bitcoin (BTC), it finally made a large upwards move and is now facing some levels of resistance around its current price. Bitcoin’s upwards swing today has allowed the entire cryptocurrency market to surge and represents the market’s second upwards price swing in the past couple of weeks.
2019-2-19 01:00 | |
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Bitcoin’s recent price movements have crypto traders everywhere railing at Bart Simpson for roiling the market. Below, we’ll explain why, but first, let’s take a look at the flagship cryptocurrency’s movements today.
2019-2-15 00:43 | |
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Ever since Bitcoin (BTC) dropped below its previous support level of $3,550 last week, the cryptocurrency has been experiencing a bout of sideways trading at its current price levels. Bitcoin’s recent price action seems to confirm $3,500 as a new level of resistance, but it has also established $3,400 as a level of support that.
2019-2-6 01:00 | |
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The crypto markets have started the weekend off with a mixed trading session as Bitcoin continues to trade sideways at its current price level of $3,475. Although the markets have remained stable around their current price levels, some major cryptos, including Litecoin and Ethereum, may soon see upwards price surges.
2019-2-3 01:30 | |
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Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance.
2019-1-26 03:13 | |
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A lot has changed since our last markets update as digital asset prices have been consolidating after the cryptoconomy’s last big drop in value. The entire ecosystem’s market valuation has lost about $10 billion over the last week, but stronger global trade volumes have managed to keep values afloat at current prices as traders await […] The post Markets Update: Crypto Prices Drift Sideways While Traders Remain Uncertain appeared first on Bitcoin News.
2019-1-17 20:15 | |
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Bitcoin BTC/USD Market From yesterday’s open at $4094 measured to the current levels of $3732.2 the price of Bitcoin has decreased by 8.85%. The price went further down yesterday to $3688.5 but since it interacted with the horizontal support level it started consolidating and recovering and is currently in a sideways but upward trajectory above […]
2019-1-11 22:32 | |
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The cryptocurrency markets have held steady today and have given investors a welcome reprieve from what seems like a constant downturn, with the overall markets trading sideways after experiencing nearly two weeks of consistent price plunges.
2018-11-28 23:00 | |
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After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market.
2018-11-28 21:44 | |
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Bitcoin drifted lower on Tuesday leading to a mixed trading session for altcoins. Most major cryptocurrencies by market capitalization are currently trading sideways, either trading up or down by a marginal percentage.
2018-11-14 21:30 | |
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Bitcoin Price Key Highlights Bitcoin price is still treading sideways, right in the middle of its range visible on the 1-hour and 4-hour charts. Price has yet to break out of the current consolidation to show whether it would make a test of support or resistance.
2018-10-22 07:43 | |
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It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines).
2018-10-20 01:31 | |
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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.
2018-10-4 23:55 | |
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The cryptocurrency markets are experiencing some sideways movement this morning (UTC + 3) with the total market capitalization showing some stability above $250 Billion and at current levels of $254.
2018-8-6 13:06 | |
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Decisions by the U.S. Securities and Exchange Commission (SEC) appear to have put a temporary damper on the current Bitcoin rally. Does the quick recovery to $8,250 mean the bull reversal is still intact? Market Overview BTC dipped to $7,900 on the recent denial of the Winklevoss brothers Bitcoin ETF application, and the postponement of Direxion BTC ETF decision by the SEC, but it’s clear that current events were not the sole factor for this Read More The post Bitcoin Price Analysis: How Many Days Can We Trade Sideways? appeared first on Bitcoinist.com.
2018-7-29 14:00 | |
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A sideways market has many bitcoin investors wondering if the downward volatility has finally subsided. As stated in our previous discussion of the bitcoin market, the $6,425 support level was a very important level to hold.
2018-6-22 00:12 | |
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