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Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution

On March 20, the BTC price reached a high of $6,900. Since then, it has been mostly trading in a range between $6,100-$6,900, with the exception of a failed breakdown attempt on March 27. On April 2, the price initiated a rapid upward move and reached a high of $7,192, however, the higher prices could […] The post Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution appeared first on BeInCrypto. дальше »

2020-4-3 17:10


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Bitcoin Aims to Re-Test Important Weekly Support and Resistance Levels

During the week of March 16-23, the Bitcoin price increased significantly, at one point reaching a high of $6,900. However, it decreased considerably over the weekend. Since the price failed to reclaim this important resistance area, this week’s movement will likely see a bearish re-test of support, rather than the beginning of an upward move. дальше »

2020-3-23 17:10


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The Bitcoin Price Has Reclaimed an Important High Time-Frame Support

The Bitcoin price began a rapid decrease on March 19, at one point increasing by 22% from its low of $5,252. The price has continued its increase today, reaching a high of $6,900. Well-known trader @CryptoCred posted a Bitcoin chart stating that the price is trading inside a very significant weekly time-frame area, with support […] The post The Bitcoin Price Has Reclaimed an Important High Time-Frame Support appeared first on BeInCrypto. дальше »

2020-3-21 20:15


Bitcoin price rises to $6,900: a point that kickstarted the last rally to $10,000

The Bitcoin price spiked to $6,900 on the day, rising to as high as $6,946 on BitMEX. The last BTC rally to over $10,000 started from a strong rebound from the $6,900 level. Upon rising to $6,900, the Bitcoin price saw an immediate rejection to the mid-$6,000 region, and some technical analysts anticipate a minor […] The post Bitcoin price rises to $6,900: a point that kickstarted the last rally to $10,000 appeared first on CryptoSlate. дальше »

2020-3-20 18:25


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Here’s Why Bitcoin Could Rip to the Upside, Moving Past $8,000

Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000, then potentially higher to recover some of the strong losses the asset incurred at the start of the week. дальше »

2020-3-12 01:48


Bitcoin Just Rejected $8,900 in a Short-Term Top Structure: Traders Fear Bear Trend Isn’t Over

The bitcoin price rose to as high as $8,916 across major cryptocurrency exchanges like BitMEX and Binance on January 15. Since then, BTC fell by three percent in a typical short-term top formation. Lower time frames indicate a double top structure, which normally suggests that the asset tried to break above a key resistance level... The post appeared first on NewsBTC. дальше »

2020-1-16 13:28


Bitcoin Price to $9k ‘Inevitable’ But What Will Confirm the Next Big Uptrend?

Yesterday BTC jumped about 10% to cross the $8,900 level. Altcoins, however, pumped harder than Bitcoin. While former hedge fund manager Mike Novogratz isn't sure what brought on this altcoin rally, if it was “new year, new money, (or) new enthusiasm,” It could just be the lack of liquidity in altcoins or “closely held BTC […] дальше »

2020-1-16 00:06