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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


Bitcoin Celebrates an Unfortunate Anniversary as BTC Price’s All-Time High Was 1 Year from Today

We celebrate a particularly rare anniversary for Bitcoin this year. To the day, December 17th, 2017, the crypto reached its all time highest valuation of 20,000 dollars. This was, of course, followed swiftly by an even swifter decline into a bearish market, leading to its value being slashed by nearly 85 percent. Now, with BTC […] дальше »

2018-12-18 02:42