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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

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. дальше »

2019-1-26 03:13


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


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AMZN! $4K Bitcoin Still Historically Outperforming Amazon Stock

Bitcoin price held above $4000 November 29 as talk turns to the cryptocurrency’s continuing appeal over major stocks such as Amazon in recent years. BTC Still Beats Amazon Even at $4K After a dip to lows around $3500, something not seen in over a year, Bitcoin managed to reclaim and hold onto the $4000 mark Wednesday, hitting local highs of $4339 before correcting closer to $4190. дальше »

2018-11-29 13:00


Bitcoin Trades Flat, Finds Stability Above $6,200 Support Level as it Celebrates 10th Birthday

Bitcoin, the original cryptocurrency, has had a tough year, and is presently resting on its $6,200 support level as it celebrates its 10th birthday. Despite having a fundamentally successful year filled with countless examples of increasing adoption, the markets are still weak, and have been unable to break through their September highs. дальше »

2018-10-31 20:00


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

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). дальше »

2018-10-20 01:31


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Bitcoin Price Breaks $7000 Resistance To Hit Surprise Multi-Week High

Bitcoin price briefly broke above $7000 August 28, hitting a new high of $7051 on major exchanges – its highest since August 7. ETF Fever Decouples From Bitcoin Price Data from Bitcointicker and other sources confirm the multi-week highs for Bitcoin , which curiously come on the back of multiple rejections of exchange-traded fund applications by US regulators last week. дальше »

2018-8-28 16:00


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Bitcoin move back $ 8,350 back to the Bull BIOS for the Price Requirements

Bitcoin’s (BTC) price is consolidating in a narrow range at press time and could regain bullish momentum above $8,350, technical charts indicate. The leading cryptocurrency moved back above $8,000 on Friday as expected and was seen rising to recent highs above $8,500 over the weekend. The upside has been capped around $8,300 and dips to $8,050 дальше »

2018-7-30 18:18


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Bitcoin Price Chart Shows ‘Huge Bull Signal,’ Says Tom Lee

Fundstrat Global Advisors’ Managing Partner and Chief Analyst Tom Lee said that the current Bitcoin price is giving a “huge bull signal”. Tom Lee on Sudden Spike in Bitcoin Price After a week of trading in the range between $6150 and $6750, Bitcoin (BTC) broke out, surging past $7000 in roughly around five minutes July 17, reaching highs above $7500 on some exchanges. дальше »

2018-7-18 16:30


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Bitcoin Price Live: Bullrun in Cards As ETF Hype Fuels Unprecedented Rise

Cryptocurrency experts and users alike are scrambling for an explanation Tuesday after Bitcoin prices increased by $700 in around 45 minutes. Bitcoin Jumps $700 In Under 1 Hour After a week of range-bound trading between $6150 and $6750, BTC/USD suddenly broke out, topping $7000 in five minutes and going on to reach highs above $7500 on some exchanges. дальше »

2018-7-18 21:45