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Why a 50k Bitcoin Price May be Possible in Crypto Autumn

Crypto summer has presented a unique set of challenges which if they are anything to go by, a big break out of up to $50,000 per Bitcoin is indeed possible. If we take into cognizance the factors that are driving the Bitcoin price rally this year, it will be obvious that when the breakout rally […] The post Why a 50k Bitcoin Price May be Possible in Crypto Autumn appeared first on ZyCrypto. дальше »

2019-8-5 17:27


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44