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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


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Bitcoin Price Watch: Currency Enters Week on a Bearish Note

At press time, the father of cryptocurrency has entered a two-week low and is now trading for just over $3,700. While this price is still higher than anything we may have experienced in late 2018 or even in January of 2019, enthusiasts have gotten used to hanging around the $3,800, $3,900 and $4,000 marks since […] The post Bitcoin Price Watch: Currency Enters Week on a Bearish Note appeared first on NullTX. дальше »

2019-3-5 22:38


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CME Group’s Bitcoin Futures See a Surge of Institutional Interest

The Chicago Mercantile Exchange (CME Group) has seen a big spike in bitcoin futures volumes according to an internal investors email sent to clients on Feb. 19. CME Group’s note explains that last Tuesday’s BTC-based futures volumes touched a new record with 18,338 contracts traded and the firm says increased volumes may be due to […] The post CME Group’s Bitcoin Futures See a Surge of Institutional Interest appeared first on Bitcoin News. дальше »

2019-2-22 22:18


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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Cryptocurrency Market ‘Vulnerable’ to Lower Lows, Says Fundstrat Strategist

Fundstrat Global Advisors strategist Robert Sluymer has warned that Bitcoin and the cryptocurrency market as a whole are displaying signs of vulnerability.   ‘Price Structure Remains Weak’ Robert Sluymer from Fundstrat Global Advisors has said in a note Wednesday, February 6th, that Bitcoin and most of the cryptocurrencies display signs of vulnerability, Bloomberg reports. дальше »

2019-2-7 21:00


Bitcoin Price in Recovery Mode – Will it Close the Week on a High Note?

The bitcoin price on Friday posted a modest 0. 9 percent surge as it corrected from its ascending channel support level and sought to climb back into bullish territory. Bitcoin Price Charges Back Toward $3,500 The bitcoin-to-dollar exchange rate (BTC/USD) established its intraday low at $3,371 right at the beginning of the Asian session. дальше »

2019-2-2 23:26


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Elections Canada Consults With Political Parties on Crypto Donations

According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »

2019-1-24 20:28


Analyst Claims Bitcoin Could Shortly See Increased Volatility as Crypto Markets Trade Sideways

Coming off of a relatively volatile week, the cryptocurrency markets are currently seeing a bout of sideways trading, with Bitcoin steady in the $3,650 region and most altcoins trading sideways. It is important to note that Bitcoin is still respecting the $3,500 region as a level of support, but its lack of buying pressure signals. дальше »

2019-1-18 01:00


Bitcoin Trades Flat as Short Positions and Selling Volume Decline

Bitcoin bulls have been ardently defending the $4,000 price level over the past several days, although they have not gained enough upwards momentum to propel Bitcoin’s price any higher. Despite not maintaining any significant upwards momentum, it is important to note that short positions for the cryptocurrency have been on the decline, which may mean. дальше »

2019-1-10 02:00