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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Adam Draper, Crypto Mainstay, Discusses How Coinbase Will Impact the Bitcoin Ecosystem

The mainstream implementation of the crypto industry has been constantly brought up in the news over the last few years. The goal of the proponents of the market appears to be the assurance that the digital assets will find their place in the economy, while explaining the origins of the crypto space’s foundation. This subject […] дальше »

2019-3-24 01:42


Analyst: 4,000 is a Critical Level that Bitcoin Must Defend, Or Else Significant Losses Could be Imminent

Bitcoin (BTC) has now firmly planted itself in the low-$4,000 region and appears to be increasingly building relative levels of support at the ever-so-important psychological price of $4,000. Despite this, the cryptocurrency still faces resistance levels around $4,200, which may prove to be a difficult price level to break above. дальше »

2019-3-20 03:00


Launch of Bitcoin Futures Bakkt Project Appears to Be Frozen in Place for Time Being

The whole industry appears to be looking forward to the launch of Bakkt, which was first announced in August to be a bitcoin trading and custody platform. The CFTC has already received a proposal, which includes an exception to allow for custody the Bitcoin involved in the futures contracts. Though the commissioners were given this […] дальше »

2019-3-18 17:02


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Ethereum Price Analysis: Is it ‘Break’ Time?

It’s been a fairly uneventful weekend for Ethereum (ETH). Bitcoin’s inability to break above $4,000 appears to place a damper of momentum within the wider market. A break seems imminent — but in which direction?  One-Hour Chart Ethereum is steadily consolidating into a tighter range, notching lower highs and seemingly on the verge of dropping below the 12 and 26 EMA on the 4hr chart. дальше »

2019-3-11 11:00


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Jack Dorsey Praises Open Source, Buys Trezor Bitcoin Hardware Wallet

Twitter CEO Jack Dorsey has purchased what appears to be his first Bitcoin hardware wallet as his advocacy of the largest cryptocurrency continues.   Dorsey Chooses Trezor Over Ledger In a tweet published March 7, Dorsey — who has become vocal about Bitcoin’s benefits in recent weeks — confirmed he now owns a Trezor wallet, which he purchased using the Cash App by his other company, Square. дальше »

2019-3-8 15:00


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U.S. Supermarket Chain Kroger Ditches Visa and Considers Bitcoin’s Lightning Network as Replacement

Major U. S. -based retailer Kroger has announced it will no longer accept Visa Credit cards at its Smith’s food and drug stores because of exorbitant fees. Anthony Pompliano Tweeted a suggestion to hook them up with Bitcoin’s Lightning Network countrywide, and it appears like Kroger may be taking up the offer. дальше »

2019-3-5 22:00


Bitcoin SV (BSV) Long-term Price Analysis – March 2

BSV/USD market slight downward movement appears to be imminent. A decent long entry may be found under the two SMAs while traders need to exercise patience. BSV/USD Long-term Trend – Ranging Distribution territories: $90, $100, $110 Accumulation territories: $40, $30, $20 Between February 24 and 27, BSV/USD trade witnessed notable both decline and uprise during […] дальше »

2019-3-2 12:03


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42