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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally

Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […] дальше »

2020-5-14 02:00


XRP’s Intense 750-Day Bear Market is About to End; Fireworks Imminent

Although XRP was one of the worst performing major altcoins in 2019, it may be the dark-horse of 2020, as the crypto is on the cusp of breaking an intense 750-day downtrend. The break of this long-respected descending resistance line could spark a massive trend reversal that places the embattled cryptocurrency firmly in the throes... The post appeared first on NewsBTC. дальше »

2020-2-3 01:00


Bitcoin Price Prediction: Long-term (BTC) Value Forecast – July 13

On the upside, if more buyers are introduced at the upper price level, the BTC price will rise. On the downside, if the bears break the $11,000 support level the crypto will be in a downtrend. BTC/USD Long-term Trend: Ranging Resistance levels: $10,500, $11,000, $11,500 Support levels: $11,000, $10,500, $10,000 The BTC/USD pair is in […] дальше »

2019-7-14 11:52


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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01