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Analysis: BTC Price is Consolidating in Preparation for Higher Ground

Resistance levels: $6,439, $6,609, $6,744 Support levels: $6,286, $6,145, $6,028 BTC/USD Medium-term Trend: Ranging On October 18, the cryptocurrency made an attempt to rally to the north by the formation of a bullish engulfing bar but the bears rejected the bullish movement by the formation of bearish inside bar that returned the BTC price below […] The post Analysis: BTC Price is Consolidating in Preparation for Higher Ground appeared first on ZyCrypto. дальше »

2018-10-25 18:16


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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s. дальше »

2018-7-1 19:35


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