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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »

2019-1-26 03:13


BitDroid: Professional Live Crypto Signals for Bitcoin Traders?

Bitdroid is an algorithm designed for actively analyzing price action within cryptocurrencies. Price action simply means the analysis of the order book as well as trades placed in the market. The algorithm generates layers of data structures as broken pieces that eventually serve as pockets of influences to address complexity and future project consequences. The […] дальше »

2019-1-22 05:27


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


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Bitcoin in Backwardation (This is Fine)

One of the joys of having a futures market is the ability to understand what investors are thinking about the future of the price. For bitcoin, it doesn’t seem so great at the moment.   As we can see, the contracts for the bitcoin futures on the CBOE are currently in backwardation, meaning that contracts with a later expiration are trading consecutively lower. дальше »

2019-1-17 07:00


Bitcoin and Crypto Markets Drop Slightly Following Recent Price Surge

Following yesterday’s market surge, the crypto markets have dropped slightly but Bitcoin is still trading well above its recently established support level at $3,550. Currently, most major cryptocurrencies are trading down 1% or more Analysts now expect the markets to trade within a relatively tight range for the near future, which could be proceeded by. дальше »

2019-1-16 00:00


Crypto Tidbits: Possible Japan Bitcoin ETF, Ripple Achieves Milestone, Ethereum Classic Attack

Although the Bitcoin price stumbled, fundamental developments for the crypto industry’s facets remained strong during the second week of 2019. New York opened a so-called “Blockchain Center,” purportedly funded by Microsoft, Ripple achieved a key milestone, and Bloomberg claims that Japanese regulators may green light a Bitcoin exchange-traded fund (ETF) in the future. дальше »

2019-1-13 21:00


Voyager CEO Enlightens Bitcoin Investors By Saying Ongoing Bear Market is a Good Thing for Crypto’s Future

Despite the ongoing price correction of cryptocurrencies, many industry leaders are still bullish on crypto’s future. The CEO of Voyager – a company providing crypto investors with crypto trading solutions – Stephen Ehrlich is among the big names who believe that the crypto market will continue to grow. The historic bull run of cryptocurrencies brought […] дальше »

2019-1-9 20:18


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Bitcoin Will Pass $7 Trillion Gold Market Cap, Winklevoss Twins Say

The biggest names in Bitcoin reaffirmed their belief in a wave of adoption and a sky-high Bitcoin price January 7, forecasting it to pass that of gold. Bitcoin ‘Certainly OG Crypto’ On social media, entrepreneur and Proof of Keys organizer Trace Mayer joined Tyler and Cameron Winklevoss in contemplating a bullish future for Bitcoin. дальше »

2019-1-8 15:00


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


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‘Market Will Catch Up’ – Bitcoin Network Statistics Show 2018 as ‘BUIDL’ Year

Bitcoin had its year of “BUIDL” in 2018, with everything but price “improving and growing,” Statoshi. info creator and Casa Hodl CTO Jameson Lopp has revealed. What’s In A Bitcoin Price? In a retrospective of the Bitcoin network published January 1, Lopp, a serial commentator on technical and wider issues affecting cryptocurrency, came out highly bullish on the future. дальше »

2019-1-2 21:00


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Bitcoin Halving is 500 Days Away, But What Does It Mean for Price Now?

Bitcoin halving is 500 days away, which means the impact of a block reward cut will begin to have an impact in the not too distant future. Halve The Reward, Moon The Price? A year to the day that the Bitcoin price touched its biggest USD value ever – over $20,000 on some exchanges – community pundits are focusing on the potential for a rebirth in the mid-term. дальше »

2018-12-19 19:00


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Bitcoin Price Recovers Above $3.7K as Novogratz Predicts No Further Losses

Cryptocurrency merchant bank Galaxy Digital CEO Mike Novogratz repeated his faith in the Bitcoin price December 18, forecasting no further big losses. Novogratz: ‘This Isn’t Tulips’ In an interview with Bloomberg, the investment mogul said he was “fairly convinced” a “digital store of value” would emerge for the world, and that it would be Bitcoin. дальше »

2018-12-19 13:00