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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52


BTC Technical Analysis: Bitcoin Prices Recovering and Likely To Retest $6,800

Week over week, Bitcoin prices are down eight percent and this is better than last week’s when it printed a 13 percent drop following that strong rejection of $8,500. Going forward, Bitcoin prices are at a precipice and simply hanging by the thread once again retesting our support zone at $6,000. Overly we remain bearish […] дальше »

2018-8-13 18:38


Bitcoin (BTC) Has One Last Chance to Make It Or Break It

Bitcoin (BTC) has now reached critical levels where it is expected to make decisive movements. The price is struggling to get past the resistance line on the BTC/USD weekly chart above. A break above this downtrend resistance will restore confidence in the market for the time being and Bitcoin (BTC) can be expected to continue a rally towards $10,000. дальше »

2018-7-31 21:30


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