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Bitcoin Could Hit $20,000 Soon According to One Chart, Two Analysts Believe

Bitcoin is trading at $3,758 at press time, down 2.4 percent in the past 24 hours. The currency is now down ten percent since hitting its yearly high at $4,200. And despite losing the momentum that had brought back hope in the midst of a brutal bear market, the currency could be heading back to […] The post Bitcoin Could Hit $20,000 Soon According to One Chart, Two Analysts Believe appeared first on NullTX. дальше »

2019-3-5 01:28


Bitcoin Haters Keep Calling Crypto Dead – It’s Really Stronger Than Ever

Since 2011, mainstream media outlets, bank executives, economists, and other skeptics have gleefully proclaimed Bitcoin’s demise after every major correction from its all-time high. Bitcoin Will Keep Defying its Critics In the past ten years, Bitcoin has experienced five 85 percent corrections including the recent 14-month bear market. дальше »

2019-3-2 17:00


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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


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


LocalBitcoins Data Shows 23 Countries Hit All-Time High in Bitcoin Trading Volume at the Bottom of Bear Market

According to the latest analysis of the LocalBitcoins (LBC), a peer-to-peer Bitcoin trading platform, Bitcoin utility around the world is hitting new heights. The author Matt Ahlborg details that exclusive fiat-to-crypto platform, LBC is a costly one as trades on this platform occurs “at an average of 4.5% over the USD equivalent spot price globally.” […] дальше »

2019-2-13 01:35


Binance CEO Says the Price of Bitcoin is Overshot, Talks Crypto Market’s Longest Bear Market

The bitcoin price has been somewhat of a roller coaster from its high of almost $20,000 in 2017 to the slump it experienced in late 2018 that it is still trying to recover from. In between these, there have been numerous predictions of the price climbing to astronomical heights or falling to zero overnight. Too […] дальше »

2019-1-21 21:19


How MakerDAO’s Decentralized DAI Stablecoin Token Looks to Oust the Controversial Tether (USDT)

The previous year has been marked by a lot of things, including high-profile crypto exchange hacks, two market crashes, a year-long bear market, and of course — stablecoins. 2018 has been quite an eventful year for fiat pegged coins, which started emerging due to high volatility of regular cryptocurrencies. The most popular stablecoin, Tether (USTD) […] дальше »

2019-1-15 22:25


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Daily On-Chain Bitcoin Transactions Hit Yearly High

Despite the prolonged bear market of 2018, the year has seen a steady increase in the number of confirmed Bitcoin transactions. They are currently at their highest point since mid-January 2018.   Real Adoption Regardless of the sharp decline in Bitcoin price in 2018, the cryptocurrency has seen a steady increase in the number of transactions throughout the entire year. дальше »

2019-1-10 21:30


Bitcoin Price Analysis: BTC Slide 6.1%, Bull Party Over?

Bitcoin price drop 6. 1 percent after testing $4,100 Korean authorities approve seven exchanges compliant with their security measures The slide below $4,000 at the back of high transaction volumes After today’s losses, subsequent price action would determine whether BTC is within a necessary bull squeeze or the retest of $4,100 marked the beginning of bear. дальше »

2019-1-10 18:00


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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