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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27


Report Links 74% of Bitcoin Mining to China, Sees Threat to Network

Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation. дальше »

2018-10-11 00:29


Why Analysts See Bitcoin Breaking Out of the $8,800 Resistance Level Very Soon

Crypto analysts and investors have established the $8,800 resistance level as a short-term target for Bitcoin, based on the optimistic technical indicators of the dominant cryptocurrency. Bitcoin Rally Ahead? Most of the predictions on the short-term rally of Bitcoin originated from data provided by RIG trend lines — an indicator that combines the Relative Strength. дальше »

2018-9-28 09:00


Bitcoin (BTC) Daily Price Forecast – July 10

BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,500, $6,600, $6,700 Support levels: $6,300, $6,200, $6,100 Yesterday, July 9, price of Bitcoin was in a bullish trend. It was assumed yesterday that if price retraced from the recent high and tested the trend line without breaking it, then a long trade should be initiated. Today, the price […] дальше »

2018-7-10 13:03


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