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Analyzing bitcoin’s break above $4200, is it a trap?

The break of the $4,200 resistance level represented a pivot point for bitcoin. Many respected analysts believe the bottom is in for BTC, while a few others predict it could sustain more losses. Whether the former or the latter is right, it’s noticeable that optimism is growing among investors as the market continues to surge—the […] The post Analyzing bitcoin’s break above $4200, is it a trap? appeared first on CryptoSlate. дальше »

2019-4-23 03:09


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Bitcoin Billionaire Zhao Dong: Bitcoin Is Likely to Fluctuate Between $4,000 and $6,000 for Half a Year

With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $4,000 and $6,000 for a few more months. дальше »

2019-4-9 20:21


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How Can We Be Sure That Bitcoin Price Has Bottomed?

Analysts have been repeatedly (and incorrectly) calling the Bitcoin price bottom for over a year now, pretty much since prices started falling. So before diving headlong back into its murky waters, how can we be sure things are different this time? Comparison To Other Bubble Bottoms One way might be to look at great bottoms from history (I’m gonna let you make your own jokes) for comparison. дальше »

2019-4-7 13:00


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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


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20


Crypto Professionals Predict $2,400 Bitcoin Bottom, Expect Infrastructure To Spark Bull Run

Individual investors have long struggled to predict movements in any market. While there are some talented investment geniuses out there, like Warren “Oracle of Omaha” Buffet, common Joes and Jills (and even some Wall Streeters) by and large struggle with determining where the stock market, let alone crypto assets, like Bitcoin (BTC), could head next. дальше »

2019-2-28 15:06


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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


Using alternative indicators to confirm sentiment change and price bottom

After the launch of JP Morgan's 'stablecoin' crypto is back in the mainstream narrative which should be a positive for the wider market if it warms public sentiment. While there is no indication this news is a turning point for the bear market it does highlight how we could use alternative indicators alongside price to confirm a breakout into the next bull run. дальше »

2019-2-19 15:00


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Bitcoin Price ‘Hit Equilibrium,’ Says Mike Novogratz

The Bitcoin price is “grinding along” at the bottom of its range but could easily hit $8000 by the end of the year, Galaxy Digital CEO Mike Novogratz said as sentiment picks up. Novogratz: $3400 – $3600 Is ‘Equilibrium’ Speaking to Bloomberg at a conference in Abu Dhabi February 13, Novogratz reiterated his continued faith in Bitcoin’s forthcoming return to form, along with its supremacy over other cryptocurrencies. дальше »

2019-2-15 23:00


Analyst: Bitcoin (BTC) Most Likely To Bottom At $2,400

Bitcoin Could See A Further 40% Before Bottom, Claims Trader The seemingly endless stream of harrowing crypto price predictions has continued. One trader, going by the laugh-inducing moniker “Magic Poop Cannon,” claims that Bitcoin (BTC) is most likely to find a long-term floor at and around the $2,000 (most likely $2,300-$2,400) price level — a […] The post Analyst: Bitcoin (BTC) Most Likely To Bottom At $2,400 appeared first on Ethereum World News. дальше »

2019-2-8 03:51


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Crypto Trader “Senses Bottom,” Says Bitcoin (BTC) Could Rally In May

Bitcoin (BTC) Could Rally One Year Away From 2020 Halvening Crypto is just three weeks into 2019, but the price predictions and forecasts are already well underway. On Wednesday, as news broke that CBOE, VanEck, and SolidX had effectively retracted their Bitcoin (BTC) exchange-traded fund (ETF) proposal, crypto analyst Moon Overlord took to Twitter to […] The post Crypto Trader “Senses Bottom,” Says Bitcoin (BTC) Could Rally In May appeared first on Ethereum World News. дальше »

2019-1-24 09:00